We performed a comparison between Oracle HFM and Oracle Hyperion based on real PeerSpot user reviews.
Find out in this report how the two Business Performance Management solutions compare in terms of features, pricing, service and support, easy of deployment, and ROI."It is a very user-friendly software."
"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."
"Financial consolidation and reporting tool with good built-in features such as currency exchange and elimination."
"The most valuable feature is the flexibility and ease of configuration in terms of testing and formula creation."
"The latest cloud version is more efficient for financial implementations."
"Functionality-wise, it is what they say it is. It is the best in class, but it all ties back to your users. If your users are completely enamored with Excel spreadsheets, then breaking those habits is hard."
"One can see that it's a mature product because it addresses all the requirements that you must need for financial consolidation and for budgeting and planning. It's really easy to use."
"We like the reporting and tracking of financials."
"The tool is very scalable and powerful. It helps us with financial reporting and performance reporting. It is a very good tool for consolidation and budgeting. We are dependent on it for reporting."
"Oracle has an integrated solution for Enterprise Performance Management (EPM) and Hyperion. It keeps the two platforms opened up to each other."
"We have found there is excellent stability with Oracle Hyperion."
"The scalability is good."
"If there could be data integration between HFM and the accounting software that would be ideal."
"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."
"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."
"Integration is an area where it lacks and can be improved."
"The intercompany reporting function in this tool needs improvement, particularly being able to run reports in batches, rather than one at a time."
"It's a difficult process to try to edit, configure, or change the business rules that exist and work within HFM."
"The initial setup of Oracle Hyperion is very difficult."
"The solution is about to cease to exist, so it doesn't really matter if they add anything to it. It's at end-of-life."
"The Oracle technical support in our area is terrible."
"The user interface is in need of improvement. The forms should be more user-friendly."
"From a technical perspective, the technical support could be improved and the price could be reduced."
"I would love more comment capabilities so that you could put in little notes, cheat notes."
"This solution's stability is a little problematic."
"The level of complexity of the implementation is always a challenge."
Oracle HFM is ranked 7th in Business Performance Management with 14 reviews while Oracle Hyperion is ranked 2nd in Business Performance Management with 49 reviews. Oracle HFM is rated 8.0, while Oracle Hyperion is rated 8.0. The top reviewer of Oracle HFM writes "Offers flexibility and ease of configuration". On the other hand, the top reviewer of Oracle Hyperion writes "A world-class solution that provides a lot of functionality out of the box and also allows you to customize it to meet your needs". Oracle HFM is most compared with Oracle Planning and Budgeting Cloud, OneStream XF, CCH Tagetik, Microsoft Power BI and Anaplan, whereas Oracle Hyperion is most compared with Tableau, Anaplan, IBM Cognos, IBM Planning Analytics and Oracle Planning and Budgeting Cloud. See our Oracle HFM vs. Oracle Hyperion report.
See our list of best Business Performance Management vendors.
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