We performed a comparison between Oracle Hyperion and Workiva Wdesk 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."Scalability is one of this solution's big plus points."
"Oracle Hyperion has helped make things work faster in our company."
"The latest cloud version is more efficient for financial implementations."
"It's very easy to use and the functionality is quite complete."
"The accuracy of data gathering and consolidation is very good."
"It's basically the same as the other budgeting solutions."
"The scalability is good."
"It is easy to use. It is very intuitive. Even though there is a lot of functionality that comes out of the box, you can customize the solutions to meet your needs. You have the ability to have business rules that produce all kinds of calculations. We're international, and we do all our FX conversions through that."
"It helps you to maintain a backup of your data, including the connectivity with the tables, which provides a user-friendly way to handle and access your files."
"The collaboration within the platform is valuable."
"Workiva Wdesk has a flow diagram that is standardized, making it easy for people to file documents on ECDAs, which are in HTML format."
"Workiva Wdesk is pretty good in terms of getting the data from the system, automating the reporting schedules...It has a very good integration with ERP tools."
"The most valuable feature is its ability to easily upload and update financial results, creating a dynamic data sheet."
"It makes the compliance process more efficient and more effective."
"The interface could be better. It could be more user-friendly, it is not very intuitive."
"They could support machine learning algorithms for the product."
"I would love more comment capabilities so that you could put in little notes, cheat notes."
"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."
"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."
"The analytics could be improved."
"From a technical perspective, the technical support could be improved and the price could be reduced."
"Oracle EPM Cloud solutions have simplified the security model. Nevertheless, it would be better having a more differentiated security model."
"The speed must be improved."
"The most critical issue is the need to shift between uppercase and lowercase."
"One area where Workiva Wdesk could improve is by ensuring that its cloud-based system is fully compatible with the most current versions of PowerPoint and Excel."
"Regarding the solution, reporting has certain areas that can be considered for improvement."
"At this point, I don't see a compelling reason to invest in Workiva. It may be necessary for compliance and controlling the version of SCC, but not everyone needs its high-end capabilities."
"With this product, it's more about the integrated data model where you can have a one-to-many/many-to-one relationship between your policies and processes, risks, and controls. They need to showcase how you can put those pieces together."
Oracle Hyperion is ranked 2nd in Business Performance Management with 51 reviews while Workiva Wdesk is ranked 12th in Business Performance Management with 6 reviews. Oracle Hyperion is rated 8.0, while Workiva Wdesk is rated 7.0. 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 Workiva Wdesk writes "A user-friendly tool useful for data consolidation and automating the reporting schedules". Oracle Hyperion is most compared with Tableau, IBM Cognos, Anaplan, Oracle HFM and Oracle Planning and Budgeting Cloud, whereas Workiva Wdesk is most compared with AuditBoard, RSA Archer, OneTrust GRC, LucaNet and Oracle Enterprise Performance Management Cloud. See our Oracle Hyperion vs. Workiva Wdesk report.
See our list of best Business Performance Management vendors.
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