We performed a comparison between Oracle Planning and Budgeting Cloud and Workiva Wdesk 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."Beneficial analysis and easy to do management adjustments."
"The most valuable feature of Oracle Planning and Budgeting Cloud is ad hoc reporting."
"The product has a direct plugin to Microsoft Excel."
"The most valuable features of Oracle Planning and Budgeting Cloud are the many capabilities it provides."
"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 workforce, the cube database, is the most valuable feature where you do planning for your headcounts."
"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."
"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."
"Workiva Wdesk is pretty good in terms of getting the data from the system, automating the reporting schedules...It has a very good integration with ERP tools."
"The collaboration within the platform is valuable."
"It makes the compliance process more efficient and more effective."
"It helps you to maintain a backup of your data, including the connectivity with the tables, which provides a user-friendly way to handle and access your files."
"Workiva Wdesk has a flow diagram that is standardized, making it easy for people to file documents on ECDAs, which are in HTML format."
"The most valuable feature is its ability to easily upload and update financial results, creating a dynamic data sheet."
"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 by having better integration with some other modules that we would add to this solution."
"One potential improvement would be a more visual workflow, as the current method using a tax list is not as effective."
"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."
"The tool's interface is outdated. However, OneStream is easier to navigate."
"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."
"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."
"At this point, I don't see a compelling reason to invest in Workiva. It may be necessary for compliance and controlling the version of SCC, but not everyone needs its high-end capabilities."
"The speed must be improved."
"Regarding the solution, reporting has certain areas that can be considered for improvement."
"With this product, it's more about the integrated data model where you can have a one-to-many/many-to-one relationship between your policies and processes, risks, and controls. They need to showcase how you can put those pieces together."
"The most critical issue is the need to shift between uppercase and lowercase."
"One area where Workiva Wdesk could improve is by ensuring that its cloud-based system is fully compatible with the most current versions of PowerPoint and Excel."
More Oracle Planning and Budgeting Cloud Pricing and Cost Advice →
Oracle Planning and Budgeting Cloud is ranked 3rd in Business Performance Management with 16 reviews while Workiva Wdesk is ranked 12th in Business Performance Management with 6 reviews. Oracle Planning and Budgeting Cloud is rated 8.2, while Workiva Wdesk is rated 7.0. The top reviewer of Oracle Planning and Budgeting Cloud writes "Eliminates the need for users to sift through irrelevant options". On the other hand, the top reviewer of Workiva Wdesk writes "A user-friendly tool useful for data consolidation and automating the reporting schedules". Oracle Planning and Budgeting Cloud is most compared with Oracle HFM, Anaplan, Oracle Hyperion, IBM Planning Analytics and IBM Cognos, whereas Workiva Wdesk is most compared with AuditBoard, Oracle Hyperion, OneTrust GRC, RSA Archer and LucaNet. See our Oracle Planning and Budgeting Cloud vs. Workiva Wdesk 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.