Try our new research platform with insights from 80,000+ expert users

Oracle HFM vs Oracle Hyperion comparison

 

Comparison Buyer's Guide

Executive SummaryUpdated on Dec 19, 2024

Review summaries and opinions

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:
 

Categories and Ranking

Oracle HFM
Ranking in Business Performance Management
5th
Average Rating
8.2
Reviews Sentiment
7.0
Number of Reviews
15
Ranking in other categories
No ranking in other categories
Oracle Hyperion
Ranking in Business Performance Management
1st
Average Rating
7.8
Reviews Sentiment
6.4
Number of Reviews
57
Ranking in other categories
No ranking in other categories
 

Mindshare comparison

As of June 2025, in the Business Performance Management category, the mindshare of Oracle HFM is 8.2%, down from 9.2% compared to the previous year. The mindshare of Oracle Hyperion is 10.5%, down from 13.0% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Business Performance Management
 

Featured Reviews

AhmedHaridy - PeerSpot reviewer
Offers flexibility and ease of configuration
The initial setup of Oracle HFM is generally straightforward and not overly complex. The deployment time for Oracle HFM varies with the resources, but it usually takes around three to eight months, with an average of three to four months. The deployment process for Oracle HFM involves several key steps. It begins with the installation of Oracle software, followed by gathering requirements and relevant documents. These documents help define the report formats and service needs. Next, the team configures the system, starting with the enterprise structure, which needs to align with the ERP system. Data loading and configuration follow, with Oracle HFM typically requiring more resources compared to other systems like SuccessFactors.
Pranit Chhajed - PeerSpot reviewer
Automation of financial processes streamlines operations but pricing needs improvement
Our clients mostly use Hyperion for their financial requirements, including budgeting, forecasting, and planning The feature that allows automation of the budgeting and forecasting process is extremely valuable, especially when compared to Excel. The workflow management of planning and the…

Quotes from Members

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:
 

Pros

"You can bring in data from any source and from multiple sources, and you can consolidate that data in HFM."
"Stability-wise, I rate the solution a ten out of ten."
"The tool is stable."
"The most valuable features are around consolidations, eliminations, conversions."
"The most valuable feature is the flexibility and ease of configuration in terms of testing and formula creation."
"Financial consolidation and reporting tool with good built-in features such as currency exchange and elimination."
"It is a very user-friendly software."
"It is an expensive product but delivers what it promises, ensuring regulatory compliance, reducing risks associated with spreadsheets, and providing a better return on investment based on usage."
"The most valuable features are those associated with modules and SP, IT in this space, planning, HFM, and PME."
"Hyperion is helpful for all our budget processes."
"It is easy to use. It is very intuitive. Even though there is a lot of functionality that comes out of the box, you can customize the solutions to meet your needs. You have the ability to have business rules that produce all kinds of calculations. We're international, and we do all our FX conversions through that."
"Smart View is a really useful tool because we can have a good API with HFM."
"Oracle Hyperion is fundamentally a good technology and does not require significant improvements compared to other technologies because it is user-friendly and offers several advantages in financial reporting and consolidation."
"The platform is very easy to use from a user perspective, especially for nontechnical experts."
"Oracle Hyperion has helped make things work faster in our company."
"The scalability is good."
 

Cons

"The solution has integration challenges. We need a simple tool that is fool-proof for the data that is submitted not only for consolidation purposes but also for performance management and reporting purposes."
"Integration is an area where it lacks and can be improved."
"If there could be data integration between HFM and the accounting software that would be ideal."
"The intercompany reporting function in this tool needs improvement, particularly being able to run reports in batches, rather than one at a time."
"In terms of improvement, one challenge with Oracle HFM is the need for technical knowledge in writing SQL syntax for custom extensions."
"The complexity is okay. I don't see it as super complex. The solution could have more functionality to make it a little bit more flexible."
"Improvements can be made by possibly different interfaces to modernize it, more automation in scripting, and better integration with third-party solutions and reporting capabilities."
"It's a difficult process to try to edit, configure, or change the business rules that exist and work within HFM."
"Hyperion has much room for improvement, especially disaster recovery. You don't have the option to choose the proper disaster recovery method. We have Hyperion and an SQL server on the backend. We have active solutions for the backend database server, which aren't working for our people. They've asked us to remove the high availability to increase application performance."
"I have not seen return on investment from using Oracle Hyperion."
"I have a problem with Hyperion when I need to log some changes in the budget. It's hard to know who made which changes in the budget."
"Oracle EPM Cloud solutions have simplified the security model. Nevertheless, it would be better having a more differentiated security model."
"Oracle Hyperion's scalability could be improved."
"The analytical side of the product could be better and needs to be improved."
"The forecasting of values could be simplified in this solution."
"Integrating Oracle Hyperion, a multidimensional database, with relational databases poses challenges due to the differing database structures."
 

Pricing and Cost Advice

"Oracle Hyperion Financial Management (HFM) uses the named user licensing model. There's different pricing depending on HFM and Essbase planning."
"As Oracle's pricing is on the higher end, most businesses prefer to have their own private cloud."
"To get a full license, which gives you access to most of the different Hyperion programs, it costs $2000 to $2500 a month."
"The licenses cost approximately $1,000."
"We pay for licensing yearly."
"The solution is affordable."
"Compared with MSBA, it is quite reasonable."
"Oracle Hyperion's licensing structures are quite expensive for some companies, especially medium-sized companies because of the user-based license."
"Oracle Hyperion is not an inexpensive solution."
report
Use our free recommendation engine to learn which Business Performance Management solutions are best for your needs.
856,873 professionals have used our research since 2012.
 

Top Industries

By visitors reading reviews
Manufacturing Company
12%
Financial Services Firm
12%
Computer Software Company
10%
Healthcare Company
6%
Financial Services Firm
12%
Computer Software Company
11%
Manufacturing Company
10%
University
6%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
 

Questions from the Community

What do you like most about Oracle HFM?
The most valuable feature is the flexibility and ease of configuration in terms of testing and formula creation.
What is your experience regarding pricing and costs for Oracle HFM?
It depends on the discount offered by Oracle. It is an expensive product but delivers what it promises, ensuring regulatory compliance, reducing risks associated with spreadsheets, and providing a ...
What needs improvement with Oracle HFM?
Improvements can be made by possibly different interfaces to modernize it, more automation in scripting, and better integration with third-party solutions and reporting capabilities.
What do you like most about Oracle Hyperion?
We can collect data from various sources, which is very useful for budgeting and planning.
What needs improvement with Oracle Hyperion?
Oracle Hyperion is fundamentally a good technology and does not require significant improvements compared to other technologies because it is user-friendly and offers several advantages in financia...
What is your primary use case for Oracle Hyperion?
My experience of working with Oracle Hyperion is that it is basically a cloud technology used mainly for budgeting and planning purposes. In Oracle Hyperion, there are different use cases for finan...
 

Comparisons

 

Also Known As

HFM
Hyperion
 

Overview

 

Sample Customers

B&B Hotels, Goldwind, Drake & Scull
ITNL, Aditya Birla Nuvo Ltd., Zaklady Farmaceutyczne Polpharma S.A., Daelim Industrial Co. Ltd., Barco N.V., SITA, McGregor Fashion Group B.V., PCCW Ltd.
Find out what your peers are saying about Oracle HFM vs. Oracle Hyperion and other solutions. Updated: June 2025.
856,873 professionals have used our research since 2012.