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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
58
Ranking in other categories
No ranking in other categories
 

Mindshare comparison

As of July 2025, in the Business Performance Management category, the mindshare of Oracle HFM is 8.0%, down from 9.2% compared to the previous year. The mindshare of Oracle Hyperion is 10.0%, down from 12.6% 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

"The most valuable feature is the flexibility and ease of configuration in terms of testing and formula creation."
"The tool is stable."
"The most valuable features are around consolidations, eliminations, conversions."
"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."
"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."
"Financial consolidation and reporting tool with good built-in features such as currency exchange and elimination."
"Oracle Hyperion is an advanced analytical calculation engine that can handle aggregation."
"We like the reporting and tracking of financials."
"I rate the overall solution nine out of ten."
"This solution provides a more structured methodology for doing analysis than a tool like Excel. It creates a central database that keeps all information in one place."
"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."
"Since it is an enterprise-capable solution, people are not worried about security, giving data, the ability to manage complex consolidation, and its ability to modify reporting."
"We can integrate with any system and pull data from SAP or SQL Server. We can also design our own role files to establish how we pull the file data and store it in our database."
"Scalability is one of this solution's big plus points."
 

Cons

"It's a difficult process to try to edit, configure, or change the business rules that exist and work within HFM."
"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."
"Integration is an area where it lacks and can be improved."
"In terms of improvement, one challenge with Oracle HFM is the need for technical knowledge in writing SQL syntax for custom extensions."
"The intercompany reporting function in this tool needs improvement, particularly being able to run reports in batches, rather than one at a time."
"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."
"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."
"The initial setup of Oracle Hyperion is very difficult."
"The interface could be better. It could be more user-friendly, it is not very intuitive."
"Oracle Hyperion generally it's quite a complex architecture that is hard to maintain."
"From a technical perspective, the technical support could be improved and the price could be reduced."
"Sometimes Oracle Hyperion is slow when there are a lot of users using it. However, we can have up to approximately 300 users using it."
"Improvements are needed in the tool's performance."
"The pricing model could be more flexible as it's more expensive than its competitors."
"We are still having some issues with the ASO Cube. It can take a long time to clear the data in the ASO Cube compared to BSO data-clearing operations. We don't have a specific calculation in the ASO, and we only have these aggregate options on the ASO side. If we need calculations, we have to calculate them in the BSO and pass the data to the ASO Cube for the reporting. That's one of the drawbacks. Oracle could also improve on the data logging side as well."
 

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."
"Oracle Hyperion is not an inexpensive solution."
"As Oracle's pricing is on the higher end, most businesses prefer to have their own private cloud."
"We pay for licensing yearly."
"To get a full license, which gives you access to most of the different Hyperion programs, it costs $2000 to $2500 a month."
"The licensing cost for the on-premises version of the solution is too high."
"The solution is affordable."
"It might be considered relatively costly compared to some alternatives."
"The licenses cost approximately $1,000."
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Top Industries

By visitors reading reviews
Manufacturing Company
13%
Financial Services Firm
11%
Computer Software Company
8%
Healthcare Company
5%
Manufacturing Company
11%
Financial Services Firm
11%
Computer Software 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...
 

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: July 2025.
863,901 professionals have used our research since 2012.