Board vs Oracle HFM comparison

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Board International Logo
1,529 views|1,031 comparisons
94% willing to recommend
Oracle Logo
2,148 views|1,498 comparisons
100% willing to recommend
Comparison Buyer's Guide
Executive Summary

We performed a comparison between Board and Oracle HFM 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.
To learn more, read our detailed Board vs. Oracle HFM Report (Updated: May 2024).
772,649 professionals have used our research since 2012.
Featured Review
Quotes From Members
We asked business professionals to review the solutions they use.
Here are some excerpts of what they said:
Pros
"The ease of being able to get the data into BOARD is what makes it nice for people with a semi-IT background.""The flexibility and the user-experience are the most valuable features of the solution.""The benefits are getting the data in one spot, the ability to report dynamically, and version control.""The ability to create a data model and have it in testing within a week is fantastic.""Instead of taking two people a week each month to perform our internal KPI reporting, the same two people can have it done in a day.""Our clients have improved a lot in terms of coordination and communication. This has improved their internal performance.""The reporting part has been very valuable as the capabilities of the tool do not have to change graphs, change how grids are displayed, and can create reports on the fly.""​Our data is now more structured. Between our data warehouse and BOARD, which are both brand new, we now have a more structured data view with more accurate, timely data."

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"The tool is stable.""Stability-wise, I rate the solution a ten out of ten.""It is a very user-friendly software.""Financial consolidation and reporting tool with good built-in features such as currency exchange and elimination.""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.""The most valuable features are around consolidations, eliminations, conversions."

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Cons
"I'd like to see a more passive report user for enterprise report writers that aren't particularly technical.""We can't delete entities and cubes in Boards because it interrupts our whole data model.""The setup was a bit complex.""We would like to see better logging in the procedural world.""I would like to see a better Web client, where the controls work the same way as in the Windows client. I do think that the focus is now on the Web, so it should be improved upon.""​We are looking for ways to distinguish zeros versus nulls in BOARD.""It would be huge in the future if BOARD offered a lot more graphs and presentations, and it was a lot easier to use.""Building similar models entirely from scratch could be made quicker with transfer abilities between databases and capsules."

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"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.""Integration is an area where it lacks and can be improved.""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.""The intercompany reporting function in this tool needs improvement, particularly being able to run reports in batches, rather than one at a time.""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."

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Pricing and Cost Advice
  • "Find a partner who will take responsibility for the implementation, and be available for support."
  • "​In terms of the pricing, it was reasonable. BOARD is not the lowest in the market, but it was reasonable for us."
  • "It is not the cheapest product on earth, but you get so much. It provides good value for money."
  • "The solution is quite expensive, if it is made cheaper then we can have more clients. I rate it four out of ten."
  • More Board Pricing and Cost Advice →

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

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    Questions from the Community
    Top Answer:We've had several FP&A departments include Anaplan in their analytics discussions, and while BI information IS generated, the focus is generally on compiling input from various sources and… more »
    Top Answer:All the reports are prepared automatically.
    Top Answer:Sometimes, the data disappears from the product. We have had a few such cases. When I added my comments to the data, it disappeared. A technical specialist tried to restore it. It was not convenient… more »
    Top Answer:The most valuable feature is the flexibility and ease of configuration in terms of testing and formula creation.
    Top Answer:In terms of improvement, one challenge with Oracle HFM is the need for technical knowledge in writing SQL syntax for custom extensions. Also, the transition from on-premises to the cloud can be… more »
    Ranking
    Views
    1,529
    Comparisons
    1,031
    Reviews
    3
    Average Words per Review
    470
    Rating
    7.3
    Views
    2,148
    Comparisons
    1,498
    Reviews
    4
    Average Words per Review
    431
    Rating
    8.0
    Comparisons
    Anaplan logo
    Compared 29% of the time.
    SAP Analytics Cloud logo
    Compared 15% of the time.
    IBM Planning Analytics logo
    Compared 9% of the time.
    Oracle Hyperion logo
    Compared 9% of the time.
    Microsoft Power BI logo
    Compared 7% of the time.
    Also Known As
    HFM
    Learn More
    Overview

    BOARD International - headquartered in Switzerland - is a leading global provider of software for improving business results through better decision making. By unifying Business Intelligence and Corporate Performance Management into a single product, BOARD enables companies to achieve a shared vision of their performance across the entire organization, and thus a single version of the truth.

    BOARD provides seamless solutions for • Reporting & Analysis • Budgeting, Planning & Forecasting • Profitability Modelling & Optimization • Simulation & What-if-Analysis • Scorecarding & Strategy Management • Financial Consolidation. Based on visual modelling, BOARD has enabled global companies to deploy BI and CPM applications without a single line of code in a fraction of the time and cost associated with traditional solutions.

    Oracle Hyperion Financial Management is a financial consolidation and reporting application built with advanced Web technology. It provides financial managers the ability to rapidly consolidate and report financial results, meet global regulatory requirements, reduce the cost of compliance and deliver confidence in the numbers.
    Sample Customers
    Coca-Cola, Puma, Desigual, Ricoh, KPMG, H&M, Groupe SEB
    B&B Hotels, Goldwind, Drake & Scull
    Top Industries
    REVIEWERS
    Government20%
    Healthcare Company20%
    Hospitality Company10%
    Pharma/Biotech Company5%
    VISITORS READING REVIEWS
    Computer Software Company13%
    Financial Services Firm10%
    Manufacturing Company8%
    Wholesaler/Distributor7%
    REVIEWERS
    Construction Company22%
    Manufacturing Company22%
    Financial Services Firm11%
    Non Tech Company11%
    VISITORS READING REVIEWS
    Computer Software Company12%
    Manufacturing Company11%
    Financial Services Firm10%
    Healthcare Company5%
    Company Size
    REVIEWERS
    Small Business37%
    Midsize Enterprise40%
    Large Enterprise23%
    VISITORS READING REVIEWS
    Small Business23%
    Midsize Enterprise17%
    Large Enterprise60%
    REVIEWERS
    Small Business15%
    Midsize Enterprise15%
    Large Enterprise69%
    VISITORS READING REVIEWS
    Small Business22%
    Midsize Enterprise13%
    Large Enterprise66%
    Buyer's Guide
    Board vs. Oracle HFM
    May 2024
    Find out what your peers are saying about Board vs. Oracle HFM and other solutions. Updated: May 2024.
    772,649 professionals have used our research since 2012.

    Board is ranked 11th in Business Performance Management with 35 reviews while Oracle HFM is ranked 7th in Business Performance Management with 14 reviews. Board is rated 8.6, while Oracle HFM is rated 8.0. The top reviewer of Board writes "A stable solution with good user-experience, easy deployment but needs some improvement with engine ". On the other hand, the top reviewer of Oracle HFM writes "Offers flexibility and ease of configuration". Board is most compared with Anaplan, SAP Analytics Cloud, IBM Planning Analytics, Oracle Hyperion and Microsoft Power BI, whereas Oracle HFM is most compared with Oracle Hyperion, Oracle Planning and Budgeting Cloud, OneStream XF, CCH Tagetik and Microsoft Power BI. See our Board vs. Oracle HFM 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.