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Anaplan vs Oracle HFM comparison

 

Comparison Buyer's Guide

Executive SummaryUpdated on Dec 19, 2024

Review summaries and opinions

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:
 

Customer Service

Sentiment score
7.7
Anaplan offers highly regarded, responsive customer service and support, efficiently resolving complex issues with skilled professionals and comprehensive documentation.
Sentiment score
6.5
Oracle HFM support is knowledgeable but sometimes slow; users rely on partner networks and external resources for help.
 

Scalability Issues

No sentiment score available
Sentiment score
8.2
Oracle HFM supports large organizations effectively, offering scalability and stability, though some prefer SuccessFactors for better scalability options.
 

Stability Issues

No sentiment score available
Sentiment score
8.1
Oracle HFM is stable, reliable, user-friendly, but occasionally performance issues arise despite consistent high stability ratings.
 

Room For Improvement

Oracle HFM needs modern updates in usability, integration, and functionality, including improved reporting, automation, and a unified system.
 

Setup Cost

Anaplan's enterprise pricing starts at $30,000 annually, varying by user, storage, and licensing, with potential additional costs.
Oracle HFM's user-based licensing is costly but ensures compliance, reduces risks, and offers a good return on investment.
 

Valuable Features

Oracle HFM excels in data consolidation, multi-currency handling, and financial reporting, offering flexibility and user-friendly access.
 

Categories and Ranking

Anaplan
Ranking in Business Performance Management
1st
Average Rating
8.0
Reviews Sentiment
7.1
Number of Reviews
27
Ranking in other categories
Production Planning (5th), Predictive Analytics (4th)
Oracle HFM
Ranking in Business Performance Management
6th
Average Rating
8.2
Reviews Sentiment
7.0
Number of Reviews
15
Ranking in other categories
No ranking in other categories
 

Mindshare comparison

As of December 2024, in the Business Performance Management category, the mindshare of Anaplan is 13.7%, down from 16.1% compared to the previous year. The mindshare of Oracle HFM is 9.8%, up from 8.9% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Business Performance Management
 

Featured Reviews

Antonio Flor - PeerSpot reviewer
Real-time data integration enhances operational efficiency and flexibility
As a client developer and solutions architect, I use Anaplan for building modules and deploying logic end-to-end. I work closely with the business in an agile manner to ensure the model aligns with business needs Anaplan offers flexibility in building different options within the platform. The…
AhmedHaridy - PeerSpot reviewer
Offers flexibility and ease of configuration
The initial setup of Oracle HFM is generally straightforward and not overly complex. The deployment time for Oracle HFM varies with the resources, but it usually takes around three to eight months, with an average of three to four months. The deployment process for Oracle HFM involves several key steps. It begins with the installation of Oracle software, followed by gathering requirements and relevant documents. These documents help define the report formats and service needs. Next, the team configures the system, starting with the enterprise structure, which needs to align with the ERP system. Data loading and configuration follow, with Oracle HFM typically requiring more resources compared to other systems like SuccessFactors.
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Top Industries

By visitors reading reviews
Educational Organization
30%
Computer Software Company
10%
Manufacturing Company
8%
Financial Services Firm
7%
Manufacturing Company
12%
Financial Services Firm
12%
Computer Software Company
11%
Healthcare Company
5%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
 

Questions from the Community

What are your main use cases for Anaplan?
Anaplan is an industry-leading cloud-based corporate performance management (CPM) platform that combines business planning and analytics in a single solution. It is designed to assist organizations...
Is Board better than Anaplan as a Business Intelligence (BI) solution?
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 simu...
Is Anaplan better than SAP ERP?
There are different aspects of both Anaplan and SAP ERP that I like and dislike. Anaplan improves forecast accuracy and drives up the quality of analytics. Rather than spending all of their time co...
What do you like most about Oracle HFM?
The most valuable feature is the flexibility and ease of configuration in terms of testing and formula creation.
What is your experience regarding pricing and costs for Oracle HFM?
It depends on the discount offered by Oracle. It is an expensive product but delivers what it promises, ensuring regulatory compliance, reducing risks associated with spreadsheets, and providing a ...
What needs improvement with Oracle HFM?
Improvements can be made by possibly different interfaces to modernize it, more automation in scripting, and better integration with third-party solutions and reporting capabilities.
 

Comparisons

 

Also Known As

No data available
HFM
 

Learn More

 

Overview

 

Sample Customers

HP, ForeScout, DocuSign, EAT, Pandora, Aviva, Intel Security, Zalora
B&B Hotels, Goldwind, Drake & Scull
Find out what your peers are saying about Anaplan vs. Oracle HFM and other solutions. Updated: December 2024.
824,053 professionals have used our research since 2012.