We performed a comparison between Anaplan and Oracle Hyperion 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."It's simple to use with a lot of functions."
"The most valuable feature of Anaplan is machine learning. The solution is constantly evolving from feedback. Additionally, there is a wide range of training material online."
"Anaplan integrates well into my clients' core systems. The ability to aggregate the forms within the dashboarding is also useful. Only one of my clients has implemented workflow. Their usage has been very light. Dashboarding capability is probably the biggest one. My clients like having the ability to aggregate, slice and dice, and dynamically adjust things in the dashboards."
"This product has a very good modeling feature, and its graphical representation of visualizations has also been valuable."
"Anaplan's most valuable features are that it's a no-coding platform, everything can be scaled to your other functions, and it's easy to learn and use (especially because Anaplan provides excellent interactive training)."
"The best thing is that it's very intuitive and user-friendly. You don't need coding skills to manipulate the platform."
"Anaplan is a three-dimensional cloud platform that is good for analyzing data, visualization, integration, terrific for visibility."
"Anaplan provides 130 GB of cloud storage for organizations to use as part of their license."
"Oracle has an integrated solution for Enterprise Performance Management (EPM) and Hyperion. It keeps the two platforms opened up to each other."
"The accuracy of data gathering and consolidation is very good."
"It's a very good program and it's useful for consolidation."
"It's very easy to use and the functionality is quite complete."
"Smart View is a really useful tool because we can have a good API with HFM."
"This product is very scalable and provides high ROI."
"The roll-up potential of the product is very good, meaning we have detailed information and we want it to be summarized, based on geography, based on different product lines, or based on different charts of accounts in the general ledger. It rolls up the information in a very concise way. This makes it easy to understand the overall performance, for it's forecasting aspects, or quarterly reporting, year to year, or month to month reporting."
"This is a customizable product. Our implementation was designed to fit our needs."
"Anaplan could be improved with a stronger consolidation module."
"The solution can improve by providing an easier form of integration to different platforms, such as receiving data from different Salesforce. There is a process to do it through the use of some APIs but it could be made much easier. This would be a large help to us."
"The cloud engine slows down when working with a large dataset. It still lacks a powerful engine."
"The visualization tools in the product are limited in comparison to other reporting tools."
"Anaplan is a relatively expensive piece of software."
"The negative is that the higher the flexibility, the higher is the complexity. That can act against you as a negative because it does require a model builder or a coder/developer."
"Anaplan's workflow component is probably the biggest area for improvement. I'd also like to see Anaplan add an ad hoc reporting tool that allows users to query things. It's going to factor into how you design your data set and your models, but I'd like the ability to create ad hoc queries against the data that's in there."
"When there is a lot of data, it sometimes takes long to load."
"There's something known as a data block that Hyperion generates for each and every transaction. Sometimes it does not generate and we need to identify those issues and fix them manually."
"There can be an improvement in many regards with the dimensions, the metadata, the interfaces, as well as the integration."
"We are still having some issues with the ASO Cube. It can take a long time to clear the data in the ASO Cube compared to BSO data-clearing operations. We don't have a specific calculation in the ASO, and we only have these aggregate options on the ASO side. If we need calculations, we have to calculate them in the BSO and pass the data to the ASO Cube for the reporting. That's one of the drawbacks. Oracle could also improve on the data logging side as well."
"Integrating Oracle Hyperion, a multidimensional database, with relational databases poses challenges due to the differing database structures."
"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."
"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."
"The initial setup of Oracle Hyperion is very difficult."
"The solution is about to cease to exist, so it doesn't really matter if they add anything to it. It's at end-of-life."
Anaplan is ranked 1st in Business Performance Management with 24 reviews while Oracle Hyperion is ranked 2nd in Business Performance Management with 51 reviews. Anaplan is rated 8.0, while Oracle Hyperion is rated 8.0. The top reviewer of Anaplan writes "Great for large-scale modelling, easy to learn, and very stable". On the other hand, 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". Anaplan is most compared with SAP ERP, SAP S/4HANA, SAP Analytics Cloud, IBM Planning Analytics and Board, whereas Oracle Hyperion is most compared with Tableau, IBM Cognos, Oracle HFM, IBM Planning Analytics and Workiva Wdesk. See our Anaplan vs. Oracle Hyperion report.
See our list of best Business Performance Management vendors.
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