We performed a comparison between CCH Tagetik 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."The most valuable feature of CCH Tagetik is form creation."
"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."
"I appreciate its user-friendliness, especially for business users who may not be very tech-savvy."
"We can collect data from various sources, which is very useful for budgeting and planning."
"The latest cloud version is more efficient for financial implementations."
"The most valuable features are those associated with modules and SP, IT in this space, planning, HFM, and PME."
"Functionality-wise, it is what they say it is. It is the best in class, but it all ties back to your users. If your users are completely enamored with Excel spreadsheets, then breaking those habits is hard."
"We like the reporting and tracking of financials."
"We have found there is excellent stability with Oracle Hyperion."
"The stability is fine and quite user friendly."
"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 tool's major drawback is the ETL process, which is not up to par with other solutions."
"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."
"Oracle Hyperion generally it's quite a complex architecture that is hard to maintain."
"What I like is to have everything on one platform and not in different modules like Oracle Hyperion."
"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."
"All the planning systems out there are great. It doesn't matter which company you use. They're all great. I've seen demonstrations on a number of them, but it all boils down to the culture within the organization itself to use that functionality, understand it, and help drive it. I've had Oracle salespeople do demonstrations, and it looked really good. We get it on board, and everybody still sticks to their Excel spreadsheets because companies are a lot more complex than what you could deliver on the planning system. So, there should be more education on the capabilities, and there should be more understanding of organizations in terms of the way they access the data in order to plan."
"I have a problem with Hyperion when I need to log some changes in the budget. It's hard to know who made which changes in the budget."
"Oracle EPM Cloud solutions have simplified the security model. Nevertheless, it would be better having a more differentiated security model."
"The level of complexity of the implementation is always a challenge."
"The analytical side of the product could be better and needs to be improved."
CCH Tagetik is ranked 13th in Business Performance Management with 6 reviews while Oracle Hyperion is ranked 2nd in Business Performance Management with 51 reviews. CCH Tagetik is rated 7.6, while Oracle Hyperion is rated 8.0. The top reviewer of CCH Tagetik writes "User-friendly performance management with intuitive approach". 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". CCH Tagetik is most compared with SAP Business Planning and Consolidation, Oracle HFM, Anaplan, IBM Cognos and IBM Planning Analytics, whereas Oracle Hyperion is most compared with Tableau, IBM Cognos, Anaplan, Oracle HFM and Board. See our CCH Tagetik vs. Oracle Hyperion report.
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