We performed a comparison between IBM Cognos and Oracle Planning and Budgeting Cloud based on real PeerSpot user reviews.
Find out what your peers are saying about Microsoft, Tableau, SAP and others in BI (Business Intelligence) Tools."Cognos is the best application with dashboards,batch reporting, jobs, events and ad-hoc reporting for business users."
"A drag-and-drop interface for selecting creating ad hoc reports makes this product very easy to use."
"The initial setup is very straightforward."
"The most valuable features are Report Development (Functionality) and Information Distribution (Flexibility)."
"Integration with Office can enable the 'download' mode of storytelling."
"In terms of stability, I think that Cognos is more stable than Tableau and Power Bi because of its framework manager concept that allows us to import metadata and store it in the framework manager."
"The initial setup is quite straightforward."
"The comprehensiveness or broadness of the software functions or business intelligence functions that it provides is valuable. It is also quite easy to use and user-friendly."
"Once you do the budget in Oracle ERP, you can upload it, but it's easier to create and manage budgets in the Oracle budgeting tool itself. For example, if you have a shortfall in the budget, it's easier to manage that and the forms, too, especially if you also have Oracle Forms Management. You can get the forms from somewhere and then transform those forms into budget heads."
"The most valuable feature of Oracle Planning and Budgeting Cloud is ad hoc reporting."
"The workforce, the cube database, is the most valuable feature where you do planning for your headcounts."
"The most valuable feature is the data integration in Oracle Planning and Budgeting Cloud."
"The tool improves the organizational budgeting process in several ways. One significant aspect is the extensionable functionality it offers. To illustrate, consider a scenario where a company has factories in Mexico producing Volkswagen and Kentucky producing Ford."
"We previously used Oracle EDS, and when comparing it to this solution, this solution has a much better interface. There are lots of advantages of the new solutions. Having it on the cloud, we are able to forget about keeping them updated or taking care of the database. We have minimal maintenance."
"It gives you an end-to-end solution from integrating data from the source system to reporting. So it's a highly recommended tool."
"The most valuable features of Oracle Planning and Budgeting Cloud are the many capabilities it provides."
"The high cost of a license makes it hard to scale up on a budget."
"I would like to see the introduction of mapbooks for supporting some geographical information."
"The tool needs to improve the connectivity since I see that, at times, there is a need to increase the memory in the database."
"I think the GIS pieces maybe not as good as we would like."
"I would like to see is more easy building, movement in the reports, and dashboard functionality within reporting. Overall more simple elements within reports. If the elements are simple then you don't have to render a full page, but you can move separate parts in the page."
"IBM Cognos's error messages seem to be a bit ambiguous. An error will be encountered and a message will be sent out very ambiguous and after investigating the error message it could be any number of issues. There was never a direct answer to the question or a direct answer to the error messages. Sometimes it would be a generic error message for 21 different solutions. It wasn't very specific, which required a lot of digging around and trial and error trying to fix the problem. The messaging in their error messaging is something needing improvement."
"It would be better if it is was easier to implement without extensive training for it."
"It could have more options for themes."
"For HR, the workforce planning out of the box is complicated. For most users, it's not easy, and it requires a learning curve. It's not very user-friendly. It can be improved."
"Oracle Planning and Budgeting Cloud could improve by having better integration with some other modules that we would add to this solution."
"One potential improvement would be a more visual workflow, as the current method using a tax list is not as effective."
"The tool's interface is outdated. However, OneStream is easier to navigate."
"Some of the things in this product are just too cumbersome and we don't need them and they make it harder to do certain things, or certain things have to have more specific names or descriptions."
"There is middleware that we need to purchase for our use case that should be provided in Oracle Planning and Budgeting Cloud. We should not have to purchase the additional solution and the integration should be seamless."
"There are some issues with block creation in the memory. Sometimes, when we run a calculation and a new intersection is hit during the calculation, the memory block doesn't get created, which doesn't give the correct result."
"Oracle Planning and Budgeting Cloud could improve. There are times when the forms are slow in saving and calculating."
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IBM Cognos is ranked 7th in BI (Business Intelligence) Tools with 132 reviews while Oracle Planning and Budgeting Cloud is ranked 3rd in Business Performance Management with 17 reviews. IBM Cognos is rated 8.0, while Oracle Planning and Budgeting Cloud is rated 8.2. The top reviewer of IBM Cognos writes "Improved the quality of our KPIs, while reducing calls to the IT department". On the other hand, the top reviewer of Oracle Planning and Budgeting Cloud writes " Budgeting scenarios and versions helps us migrate data, visualize data, and do variant reporting". IBM Cognos is most compared with Microsoft Power BI, Oracle OBIEE, Tableau, Oracle Hyperion and SAP BusinessObjects Business Intelligence Platform, whereas Oracle Planning and Budgeting Cloud is most compared with Oracle HFM, Anaplan, Oracle Hyperion, IBM Planning Analytics and CCH Tagetik.
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