CCH Tagetik vs Oracle HFM comparison

"I appreciate its user-friendliness, especially for business users who may not be very tech-savvy."

"Has an APM, which deals with the details of data and has calculation functions included."

"I've primarily worked with CCH Tagetik as a consultant, handling implementations and not providing day-to-day user support. I initially appreciated the unified platform, the Ownership Structure Register, which benefits certain entities. The workflow feature is great, but it can become overly detailed and lacks clear guidance on design. The solution is good in terms of storage."

"The most valuable feature of CCH Tagetik is form creation."

"The tool is stable."

"The most valuable features are around consolidations, eliminations, conversions."

"You can bring in data from any source and from multiple sources, and you can consolidate that data in HFM."

"The most valuable feature is the flexibility and ease of configuration in terms of testing and formula creation."

"It is a very user-friendly software."

"Stability-wise, I rate the solution a ten out of ten."

"Financial consolidation and reporting tool with good built-in features such as currency exchange and elimination."

"We faced difficulties while uploading data."

"There is room for improvement, especially on the settings side of the solution."

"Analytics function is weak. Other products have sum(irate) function and forecasting help function, but Tagetik does not have this clarity."

"The tool's major drawback is the ETL process, which is not up to par with other solutions."

"The intercompany reporting function in this tool needs improvement, particularly being able to run reports in batches, rather than one at a time."

"In terms of improvement, one challenge with Oracle HFM is the need for technical knowledge in writing SQL syntax for custom extensions."

"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."

"If there could be data integration between HFM and the accounting software that would be ideal."

"It's a difficult process to try to edit, configure, or change the business rules that exist and work within HFM."

"Integration is an area where it lacks and can be improved."

"The solution has integration challenges. We need a simple tool that is fool-proof for the data that is submitted not only for consolidation purposes but also for performance management and reporting purposes."

"The solution is quite expensive."

"The solution's pricing is affordable."

"Oracle Hyperion Financial Management (HFM) uses the named user licensing model. There's different pricing depending on HFM and Essbase planning."