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Oracle HFM vs Oracle Planning and Budgeting Cloud comparison

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Buyer's Guide
Oracle HFM vs. Oracle Planning and Budgeting Cloud
May 2022
Find out what your peers are saying about Oracle HFM vs. Oracle Planning and Budgeting Cloud and other solutions. Updated: May 2022.
608,010 professionals have used our research since 2012.
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.""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."

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"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."

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Cons
"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."

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"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."

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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."
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  • "The price of Oracle Planning and Budgeting Cloud is expensive. However, it solves a lot of issues at the company. Having a better price could make us think about using more cloud products for Oracle and increase usage."
  • "The solution is free."
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    Questions from the Community
    Top Answer:The most valuable features are around consolidations, eliminations, conversions.
    Top Answer:Oracle HFM uses the named user licensing model. There's different pricing depending on HFM and Essbase planning.
    Top Answer: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. I think that's one problem with the version we're using. The… more »
    Top Answer: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.
    Top Answer:I'm managing the PBCS instance of our Oracle Planning and Budgeting Cloud.
    Ranking
    Views
    1,597
    Comparisons
    1,173
    Reviews
    3
    Average Words per Review
    412
    Rating
    8.7
    Views
    1,873
    Comparisons
    1,399
    Reviews
    7
    Average Words per Review
    485
    Rating
    8.4
    Comparisons
    Also Known As
    HFM
    Oracle PBCS, Oracle Enterprise Business Planning
    Learn More
    Overview
    Oracle Hyperion Financial Management is a financial consolidation and reporting application built with advanced Web technology. It provides financial managers the ability to rapidly consolidate and report financial results, meet global regulatory requirements, reduce the cost of compliance and deliver confidence in the numbers.
    Oracle Planning and Budgeting Cloud Service enables organizations of all sizes to quickly adopt world-class planning and budgeting applications with no CAPEX infrastructure investments, driving world-class functionality beyond finance across the enterprise, with flexible deployment options and virtually no learning curve.
    Offer
    Learn more about Oracle HFM
    Learn more about Oracle Planning and Budgeting Cloud
    Sample Customers
    B&B Hotels, Goldwind, Drake & Scull
    Australian Finance Group Ltd., Daelim Industrial Co. Ltd., TBS Group, Delaware Life Insurance, Shelf Drilling Ltd., Abu Dhabi Department of Finance, Fugro Norway AS, Drake & Scull International PJSC (DSI), Racepoint Global, Edgewater Technology Inc., King Abdulaziz City for Science and Technology, Communications Test Design Inc.
    Top Industries
    VISITORS READING REVIEWS
    Computer Software Company26%
    Comms Service Provider13%
    Financial Services Firm11%
    Manufacturing Company6%
    REVIEWERS
    Energy/Utilities Company20%
    Manufacturing Company20%
    Insurance Company10%
    Pharma/Biotech Company10%
    VISITORS READING REVIEWS
    Computer Software Company35%
    Comms Service Provider11%
    Financial Services Firm5%
    Government5%
    Company Size
    REVIEWERS
    Small Business11%
    Midsize Enterprise11%
    Large Enterprise78%
    VISITORS READING REVIEWS
    Small Business15%
    Midsize Enterprise14%
    Large Enterprise71%
    REVIEWERS
    Midsize Enterprise27%
    Large Enterprise73%
    VISITORS READING REVIEWS
    Small Business14%
    Midsize Enterprise14%
    Large Enterprise72%
    Buyer's Guide
    Oracle HFM vs. Oracle Planning and Budgeting Cloud
    May 2022
    Find out what your peers are saying about Oracle HFM vs. Oracle Planning and Budgeting Cloud and other solutions. Updated: May 2022.
    608,010 professionals have used our research since 2012.

    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.

    See our list of best Business Performance Management vendors.

    We monitor all Business Performance Management reviews to prevent fraudulent reviews and keep review quality high. We do not post reviews by company employees or direct competitors. We validate each review for authenticity via cross-reference with LinkedIn, and personal follow-up with the reviewer when necessary.