We performed a comparison between Oracle Hyperion and Oracle Planning and Budgeting Cloud 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."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."
"It's a very good program and it's useful for consolidation."
"We can integrate with any system and pull data from SAP or SQL Server. We can also design our own role files to establish how we pull the file data and store it in our database."
"Oracle Hyperion is fairly user-friendly and not too complicated. The forecasting, it's really good. It's sometimes slow when there are a lot of users using it and we can have up to approximately 300 users using it. However, you can do it in Excel because there's an Excel add-in. This is a benefit because a lot of people do this way instead of having to go into the planning application itself."
"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."
"The scalability is good."
"The stability is fine and quite user friendly."
"Oracle Hyperion has helped make things work faster in our company."
"The most valuable features of Oracle Planning and Budgeting Cloud are the many capabilities it provides."
"The workforce, the cube database, is the most valuable feature where you do planning for your headcounts."
"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."
"The product has a direct plugin to Microsoft Excel."
"It gives you an end-to-end solution from integrating data from the source system to reporting. So it's a highly recommended tool."
"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."
"Beneficial analysis and easy to do management adjustments."
"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."
"They could support machine learning algorithms for the product."
"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 forecasting of values could be simplified in this solution."
"Sometimes Oracle Hyperion is slow when there are a lot of users using it. However, we can have up to approximately 300 users using it."
"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."
"This solution's stability is a little problematic."
"Configuration is a little complex, it's not very easy. The solution is integrated with Essbase and there are not many users of the Essbase database. If they can provide different modules for each subject area, like supply chain, for inventory forecasting or for order management forecasting, it would make each subject area easier to manage."
"The user interface is in need of improvement. The forms should be more user-friendly."
"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."
"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."
"The tool's interface is outdated. However, OneStream is easier to navigate."
"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."
"One potential improvement would be a more visual workflow, as the current method using a tax list is not as effective."
"The FR recording studio that is used to build reports is clunky and awful to use. This could be improved a lot. The solution does have problems and limitations."
"Oracle Planning and Budgeting Cloud could improve by having better integration with some other modules that we would add to this solution."
"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."
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Oracle Hyperion is ranked 2nd in Business Performance Management with 51 reviews while Oracle Planning and Budgeting Cloud is ranked 3rd in Business Performance Management with 17 reviews. Oracle Hyperion is rated 8.0, while Oracle Planning and Budgeting Cloud is rated 8.2. 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 Oracle Planning and Budgeting Cloud writes " Budgeting scenarios and versions helps us migrate data, visualize data, and do variant reporting". Oracle Hyperion is most compared with Tableau, IBM Cognos, Anaplan, Oracle HFM and OneStream XF, whereas Oracle Planning and Budgeting Cloud is most compared with Oracle HFM, Anaplan, IBM Planning Analytics, IBM Cognos and CCH Tagetik. See our Oracle Hyperion vs. Oracle Planning and Budgeting Cloud report.
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