"You can bring in data from any source and from multiple sources, and you can consolidate that data in HFM."
"Financial consolidation and reporting tool with good built-in features such as currency exchange and elimination."
"The most valuable features are around consolidations, eliminations, conversions."
"The workforce, the cube database, is the most valuable feature where you do planning for your headcounts."
"The product has a direct plugin to Microsoft Excel."
"The most valuable feature of Oracle Planning and Budgeting Cloud is ad hoc reporting."
"Beneficial analysis and easy to do management adjustments."
"Once you do the budget in Oracle ERP, you can upload it, but it's easier to create and manage budgets in the Oracle budgeting tool itself. For example, if you have a shortfall in the budget, it's easier to manage that and the forms, too, especially if you also have Oracle Forms Management. You can get the forms from somewhere and then transform those forms into budget heads."
"We previously used Oracle EDS, and when comparing it to this solution, this solution has a much better interface. There are lots of advantages of the new solutions. Having it on the cloud, we are able to forget about keeping them updated or taking care of the database. We have minimal maintenance."
"It's a difficult process to try to edit, configure, or change the business rules that exist and work within HFM."
"The intercompany reporting function in this tool needs improvement, particularly being able to run reports in batches, rather than one at a time."
"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."
"Some of the things in this product are just too cumbersome and we don't need them and they make it harder to do certain things, or certain things have to have more specific names or descriptions."
"The FR recording studio that is used to build reports is clunky and awful to use. This could be improved a lot. The solution does have problems and limitations."
"Oracle Planning and Budgeting Cloud could improve by having better integration with some other modules that we would add to this solution."
"For HR, the workforce planning out of the box is complicated. For most users, it's not easy, and it requires a learning curve. It's not very user-friendly. It can be improved."
"Oracle Planning and Budgeting Cloud could improve. There are times when the forms are slow in saving and calculating."
Oracle HFM is ranked 8th in Business Performance Management with 3 reviews while Oracle Planning and Budgeting Cloud is ranked 5th in Business Performance Management with 7 reviews. Oracle HFM is rated 8.6, while Oracle Planning and Budgeting Cloud is rated 8.4. The top reviewer of Oracle HFM writes "Consolidation tool that allows you to do eliminations and conversions". On the other hand, the top reviewer of Oracle Planning and Budgeting Cloud writes "Intuitive design, good interface, and reliable". Oracle HFM is most compared with Anaplan, CCH Tagetik, OneStream XF, IBM Controller and IBM Cognos, whereas Oracle Planning and Budgeting Cloud is most compared with Oracle Hyperion, IBM Cognos, Adaptive Insights, Jedox and SAP Business Planning and Consolidation. See our Oracle HFM vs. Oracle Planning and Budgeting Cloud report.
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