Oracle Hyperion and Oracle Planning and Budgeting Cloud compete in enterprise budgeting and planning software. Oracle Planning and Budgeting Cloud has the upper hand due to its cloud-based accessibility and integration with Oracle ERP products, which offers faster deployment and flexibility.
Features: Oracle Hyperion is renowned for its scalability and comprehensive functionality, making it suitable for large-scale enterprise budgeting and planning. It offers robust security features, advanced calculation capabilities, and seamless data integration. Oracle Planning and Budgeting Cloud provides flexibility and accessibility through cloud deployment. It supports user collaboration and quick forecasting with seamless integration with Oracle ERP products.
Room for Improvement: Oracle Hyperion users report challenges with technical resource demands, the complexity of reporting features, and integration processes. Data logging, disaster recovery, and user interface modernization need enhancement. Oracle Planning and Budgeting Cloud could improve its intuitive reporting, third-party integration, and multi-language support. Enhancements in visual workflow and user experience would be beneficial.
Ease of Deployment and Customer Service: Oracle Hyperion relies on on-premises deployment, which can be intricate and requires substantial IT infrastructure. Customer service experiences vary, with some difficulties reported in navigating complex support hierarchies. Oracle Planning and Budgeting Cloud facilitates easier scalability and reduced infrastructure needs through public and hybrid cloud deployment. Support experiences are mixed, with adequate problem resolution once connected to knowledgeable representatives.
Pricing and ROI: Oracle Hyperion has high upfront costs and annual licensing fees, reflecting its extensive functionality. It offers substantial ROI through efficiency gains and improved data accuracy. Oracle Planning and Budgeting Cloud, despite a high price, provides cost-saving benefits by eliminating physical infrastructure and reducing maintenance expenses. It offers significant ROI by streamlining budgeting processes and enhancing performance, especially fitting for fast, flexible, and cost-effective deployments.
I rate Oracle's technical support as very good, giving it a score of 8 to 9 out of 10.
Support is generally fast for Sev1 or Sev2 tickets but slower for lower-severity tickets.
The response time is not that good.
The support experience has been excellent.
I rate the scalability of Oracle Hyperion as an 8 out of 10 because it remains a top choice in the market.
The scalability of Oracle Planning and Budgeting Cloud is high.
With proper integration and mappings in place, we definitely get a good planning and bursting model for the whole group.
Cloud configurations have not exhibited issues like crashing or slowing down for significant data volumes.
We sometimes encounter bugs and need to connect with Oracle Support.
The system takes more time currently since we may not have professionals available to handle the issues, making it more time-consuming.
For example, a company with fifty users versus five hundred users should see better pricing.
It is user-friendly and offers several advantages in financial reporting and consolidation.
The pricing model could be more flexible as it's more expensive than its competitors.
There were significant issues that led to discontinuing use of the product.
Oracle Planning and Budgeting Cloud could improve by creating a more visual and user-friendly interface similar to the old ABC analytics.
The total processing time should be enhanced with the help of proper commands, specifically regarding the execution time of existing rules.
The pricing model is on the higher side compared to its competitors.
It enables me to input data directly based on my security and business lines, with an inbuilt calculation engine for data aggregation and reporting.
Anaplan allows for quick module changes, where adjustments in one module reflect throughout the user experience.
This issue has been resolved, and Oracle Hyperion data can now be updated, with data loads completed in 30 minutes.
The most helpful and useful features that Oracle Planning and Budgeting Cloud provides are real-time reports, narrative reports, and real-time bursting forecasting for business functions.
The tool's scalability is noteworthy, as seen through its ability to upgrade, link to other systems, and adapt to new applications over the years.
It's a really good tool for integration and creating consolidated reports.
| Product | Market Share (%) |
|---|---|
| Oracle Hyperion | 8.1% |
| Oracle Planning and Budgeting Cloud | 5.0% |
| Other | 86.9% |
| Company Size | Count |
|---|---|
| Small Business | 16 |
| Midsize Enterprise | 6 |
| Large Enterprise | 38 |
| Company Size | Count |
|---|---|
| Small Business | 4 |
| Midsize Enterprise | 6 |
| Large Enterprise | 17 |
Oracle Planning and Budgeting Cloud Service enables organizations of all sizes to drive accurate, connected plans across your business and be prepared for what's next. Navigate uncertainty with scenario modeling. Leverage built-in best practices and predictive intelligence across finance, line of business, and operations.
· Create decision-oriented plans: Make better decisions by creating goal-oriented, driver-based plans. Get immediate insight to your performance with interactive dashboards and reports and leverage predictive planning to recommend the best path forward.
· Connect your business: Connect every part of your business with a plan that is fully integrated across finance, operations, and lines of business. With connected planning, you can immediately analyze the impact of changes across your business.
· Do freeform modeling at scale: With Oracle Cloud EPM Freeform, model multiple complex financial and operational what-if scenarios with large-scale, freeform ad-hoc modeling. Use predictive planning features to validate assumptions and reduce the risk in your decisions.
· Apply sophisticated financial intelligence: Leverage financial intelligence and other powerful, built-in features to rapidly model multiple scenarios to quickly deal with change.
· Support your decisions with Monte Carlo simulations: Use Monte Carlo simulations to determine the likelihood of various scenarios, giving you confidence in your decisions.
· Align strategy with plans: Understand the impact of strategic decisions across your bottom line, balance sheet, cash flow, and shareholder value before pushing to your operational plan.
· Optimize capital structure: Model different funding options and understand the impact your strategies will have on your credit rating and capital structure.
· Plan for compensation expenses: Plan compensation-related expenses by employee, job code, or at a level of detail that makes sense for your business using out-of-the-box, driver-based planning.
· Align finance and HR: Build the workforce you need to execute on your strategic goals. Collaborate more with HR with prebuilt integration to Oracle Cloud Human Capital Management (HCM) and integration with other third-party cloud HCM solutions.
· Leverage wizard-based planning for ease of use: Maintain complex employee expense calculations, such as benefits, tax expense, and others with easy-to-use planning wizards.
· Track the full lifecycle of capital investment: Create cashflow and funding plans for investments and leased assets. Also plan for new capital assets and take advantage of out-of-the-box calculations for depreciation and amortization during the lifespan of the asset.
· Plan asset-related expenses: Easily model asset-related expenses such as repairs and insurance. Automate processes such as retirements, transfers, and improvements.
· Plan for intangible assets: Plan for new and existing intangible assets, including amortization and cash flow planning and impairments.
· Review your capital expenses: Get an overall capital expense spending analysis, including asset summary reports, and actual versus plan variances. See the impact on cash flow, balance sheet, and income statement by asset class and business unit.
· Model all project types: Use out-of-the-box drivers to plan costs related to both short- and long-term projects. These include internal projects, such as IT, R&D, marketing campaigns, and contract-based projects or projects across more complex project-oriented industries, such as construction, engineering, and professional services.
· Plan detailed project costs and revenues: Understand the financial impact of your projects. Use drivers that help you plan for individual employee and asset-related costs, as well as expected revenues.
· Track project performance: Use prebuilt metrics to track project revenue, expenses, and cash flow. Leverage performance indicators such as net present value, payback, and return on investment.
· Optimize your revenue plan: Accurately plan revenue, sales, and gross margin by adding dimensions for specific drivers related to your business.
· Plan for all expenses: Plan for all of your expenses with prebuilt best-practice expense drivers. Include expenses from workforce and capital planning with prebuilt integration.
· Analyze the balance sheet: See the full picture by integrating balance sheets fully with income statements and cash flow. Configure for industry-specific requirements.
· Model your cash flow: Model cash from operations with fully integrated cash flow planning for short, medium, and long-term time horizons.
· Connect you planning, execution, finance and operations: Transform plans into execution and monitor activity to detect unexpected events using IoT, AI and prescriptive analytics. Simulate and evaluate alternative response to maintain or improve business targets.
· Reduce decision latency: Leverage real-time planning and execution details to act on negative trends faster and more effectively.
· Consolidated view across the entire process: Improve your short and long range strategic planning by seamlessly integrating planning and execution in to a single data model.
IPM applies data science and machine learning to enable finance professionals to be more data driven, impacting key areas of the business, and take advantage of potential missed opportunities.
· Improve decisions with predictive planning: Identify and leverage patterns in your financial and operational data to improve accuracy. Run predictions on the latest actuals and factor those into your plans for more timely, objective decisions.
· Speed up data analysis to take faster action with Insights: Use embedded AI and machine learning (ML) to continually monitor your plans, forecasts, and variances, so you’ll be alerted about any anomalies, biases—as well as hidden correlations. Relevant insights now come straight to you, empowering you to take the right action in time.
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.
