We performed a comparison between Oracle Hyperion and Planful 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 accuracy of data gathering and consolidation is very good."
"One can see that it's a mature product because it addresses all the requirements that you must need for financial consolidation and for budgeting and planning. It's really easy to use."
"It's very easy to use and the functionality is quite complete."
"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 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."
"This product is very scalable and provides high ROI."
"It's basically the same as the other budgeting solutions."
"Oracle Hyperion is an engine allowing you to build whatever you want on it."
"It has helped us speed up the turnaround time on our consolidation. We don't have to do reporting in Excel anymore, which has cut down on the errors and the efficiency of our close time."
"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."
"They could support machine learning algorithms for the product."
"The Oracle technical support in our area is terrible."
"The interface could be better. It could be more user-friendly, it is not very intuitive."
"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."
"The analytical side of the product could be better and needs to be improved."
"The level of complexity of the implementation is always a challenge."
"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."
"The part that we liked about Excel is that it had a better interface in terms of just graphical illustration of our results. So, if we wanted to look at our financial trends and put it into some type of graphical interface for people to look at, we still have to leverage Excel for that. The dashboards aren't as usable as maybe some of the other solutions, such as Tableau or other BI tools."
Earn 20 points
Oracle Hyperion is ranked 2nd in Business Performance Management with 51 reviews while Planful is ranked 16th in Business Performance Management. Oracle Hyperion is rated 8.0, while Planful is rated 8.0. 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 Planful writes "It has helped us speed up the turnaround time on our consolidation, and we haven't had anything come up that the program has not been able to solve". Oracle Hyperion is most compared with Tableau, IBM Cognos, Anaplan, Oracle HFM and IBM Planning Analytics, whereas Planful is most compared with Anaplan, Adaptive Insights, Vena, Board and Prophix. See our Oracle Hyperion vs. Planful report.
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