We performed a comparison between Oracle Hyperion and Oracle Planning and Budgeting Cloud 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."Stable and scalable solution with a valuable data integration feature which allows the slicing and dicing of data. It also has a workforce planning feature that allows you to bring in your HR data."
"The implementation has been simplified now that it's deployed in the cloud. Also, Hyperion is tightly integrated with Oracle products because Oracle owns it now."
"It is easy to use. It is very intuitive. Even though there is a lot of functionality that comes out of the box, you can customize the solutions to meet your needs. You have the ability to have business rules that produce all kinds of calculations. We're international, and we do all our FX conversions through that."
"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."
"We have found there is excellent stability with Oracle Hyperion."
"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."
"The stability is fine and quite user friendly."
"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."
"The most valuable feature is the data integration in Oracle Planning and Budgeting Cloud."
"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."
"The most valuable feature of Oracle Planning and Budgeting Cloud is ad hoc reporting."
"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."
"Beneficial analysis and easy to do management adjustments."
"The product has a direct plugin to Microsoft Excel."
"The tool improves the organizational budgeting process in several ways. One significant aspect is the extensionable functionality it offers. To illustrate, consider a scenario where a company has factories in Mexico producing Volkswagen and Kentucky producing Ford."
"The most valuable features of Oracle Planning and Budgeting Cloud are the many capabilities it provides."
"I would love more comment capabilities so that you could put in little notes, cheat notes."
"The initial setup of Oracle Hyperion is very difficult."
"Their documentation could be a little bit more descriptive at places. They don't really do a lot of How-Tos because that gets pushed through to the consulting groups. There have been some books. There is a real good one out there about how to look smarter than you are with Hyperion Planning that some people at a company called ArganoInterRel wrote. Those things do exist, but that's not in their documentation. It's basically like they'll say, "This is the field. This is what it's used for," but they don't tell you how to particularly use it in your case environment."
"Oracle Hyperion's scalability could be improved."
"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."
"The level of complexity of the implementation is always a challenge."
"I would like to see more integrations with third-party vendors such as BigSense and SAP. I'm looking forward to seeing more interface-related content."
"The analytics could be improved."
"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."
"One potential improvement would be a more visual workflow, as the current method using a tax list is not as effective."
"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."
"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."
"The tool's interface is outdated. However, OneStream is easier to navigate."
"There is middleware that we need to purchase for our use case that should be provided in Oracle Planning and Budgeting Cloud. We should not have to purchase the additional solution and the integration should be seamless."
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Oracle Hyperion is ranked 2nd in Business Performance Management with 49 reviews while Oracle Planning and Budgeting Cloud is ranked 4th in Business Performance Management with 16 reviews. Oracle Hyperion is rated 8.0, while Oracle Planning and Budgeting Cloud is rated 8.2. 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". On the other hand, the top reviewer of Oracle Planning and Budgeting Cloud writes "Eliminates the need for users to sift through irrelevant options". Oracle Hyperion is most compared with Tableau, Anaplan, IBM Cognos, Oracle HFM and OneStream XF, whereas Oracle Planning and Budgeting Cloud is most compared with Oracle HFM, Anaplan, IBM Planning Analytics, IBM Cognos and CCH Tagetik. See our Oracle Hyperion vs. Oracle Planning and Budgeting Cloud report.
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