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Board vs Oracle Hyperion 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:
 

Categories and Ranking

Board
Ranking in Business Performance Management
10th
Average Rating
8.4
Reviews Sentiment
7.1
Number of Reviews
36
Ranking in other categories
BI (Business Intelligence) Tools (24th), Reporting (20th)
Oracle Hyperion
Ranking in Business Performance Management
2nd
Average Rating
7.8
Reviews Sentiment
6.4
Number of Reviews
55
Ranking in other categories
No ranking in other categories
 

Mindshare comparison

As of March 2025, in the Business Performance Management category, the mindshare of Board is 6.4%, up from 5.4% compared to the previous year. The mindshare of Oracle Hyperion is 11.8%, down from 13.5% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Business Performance Management
 

Featured Reviews

Wiboon Thabsuwan - PeerSpot reviewer
Easy to use and requires less time to learn or understand its features
I think the product is good in terms of ease of use. The interface looks really nice and very easy to use. Every command appears in the icon. It looks like you don't have to understand everything about the command. You do not necessarily have to know more, or I would say that there is less time for our study about the products. Functionality-wise, it is quite easy to use and requires less time to understand or learn about the product. I am a software vendor, so I do not use the tool myself. I use it for my clients. My clients mostly use it for budgeting and timing purposes. I would say that's really less maintenance at all because they can do everything by themselves. It is good in terms of ease of use.
Pranit Chhajed - PeerSpot reviewer
Automation of financial processes streamlines operations but pricing needs improvement
Our clients mostly use Hyperion for their financial requirements, including budgeting, forecasting, and planning The feature that allows automation of the budgeting and forecasting process is extremely valuable, especially when compared to Excel. The workflow management of planning and the…

Quotes from Members

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

Pros

"It is easy to make quick updates. As the business changes, we can maintain the tool without programming help from IT."
"​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."
"The flexibility and the user-experience are the most valuable features of the solution."
"I think it's flexible. I chose this solution because, even though it wasn't out-of-the-box, you can customize it, and the long-term growth potential of the software is where I see the value."
"The aesthetics of it are really nice. That is what attracted us to BOARD: the ease and functionality of it."
"It is very easy to use. It has got what they call a toolkit, which is a no-code development environment. You can develop a whole solution with it because it is a complete platform. There is a lot of online material that can be used as a reference. You can help yourself while developing a solution. There are some prebuilt applications in the platform environment. You can very easily customize and integrate these applications. It also has flexible scaling of machine resources, which is really great."
"It is useful for self-analysis regarding company data and helps to find areas where we can improve."
"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."
"We can collect data from various sources, which is very useful for budgeting and planning."
"The accuracy of data gathering and consolidation is very good."
"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."
"The tool is very scalable and powerful. It helps us with financial reporting and performance reporting. It is a very good tool for consolidation and budgeting. We are dependent on it for reporting."
"The latest cloud version is more efficient for financial implementations."
"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 an engine allowing you to build whatever you want on it."
"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."
 

Cons

"What could be better is the manual... nowadays, most people use a web client, but on the Board manual website, a lot of the information is only about the Windows client. If they could update that, it would be helpful."
"Building similar models entirely from scratch could be made quicker with transfer abilities between databases and capsules."
"It's very powerful, but there is also a big learning curve. ​It should be a little more intuitive."
"The product can be improved by making it possible to know where cubes are used."
"The one thing that I think we would like to see in terms of improvement of the application is the ability to print. It's fantastic to have all of these graphic visualization of data, but we're not able to very easily just print... From my perspective, if you can have a little "print" button and then you just click it and it would produce what's on the screen, that would be very helpful."
"The engine of the Board should be made powerful like the engine of IBM planning which is more powerful in terms of performance. The consolidated finance area also needs improvement."
"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."
"The setup was a bit complex."
"Integrating Oracle Hyperion, a multidimensional database, with relational databases poses challenges due to the differing database structures."
"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."
"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."
"The reporting feature in Oracle Hyperion isn't the best. It needs improvement."
"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."
"It is challenging to do reporting on Oracle Hyperion if you're not an expert."
"The interface could be better. It could be more user-friendly, it is not very intuitive."
"The analytics could be improved."
 

Pricing and Cost Advice

"​In terms of the pricing, it was reasonable. BOARD is not the lowest in the market, but it was reasonable for us."
"The tool's price is a bit high compared to other solutions."
"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."
"Find a partner who will take responsibility for the implementation, and be available for support."
"We pay for licensing yearly."
"Compared with MSBA, it is quite reasonable."
"Oracle Hyperion is not an inexpensive solution."
"The licensing cost for the on-premises version of the solution is too high."
"It might be considered relatively costly compared to some alternatives."
"The solution is affordable."
"The licenses cost approximately $1,000."
"As Oracle's pricing is on the higher end, most businesses prefer to have their own private cloud."
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Top Industries

By visitors reading reviews
Computer Software Company
14%
Financial Services Firm
13%
Manufacturing Company
10%
Insurance Company
6%
Computer Software Company
12%
Financial Services Firm
12%
Manufacturing Company
11%
University
5%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
 

Questions from the Community

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...
What do you like most about Board?
All the reports are prepared automatically.
What needs improvement with Board?
Some of my company's customers are interested to see the predictive analytics part of the tool. Some customers would like to leverage or prioritize predictive analytics as the main feature, but som...
What do you like most about Oracle Hyperion?
We can collect data from various sources, which is very useful for budgeting and planning.
What needs improvement with Oracle Hyperion?
The pricing model could be more flexible as it's more expensive than its competitors. The technical support response time could improve as they often ask for the same logs repeatedly.
What is your primary use case for Oracle Hyperion?
Our clients mostly use Hyperion for their financial requirements, including budgeting, forecasting, and planning.
 

Comparisons

 

Also Known As

No data available
Hyperion
 

Overview

 

Sample Customers

Coca-Cola, Puma, Desigual, Ricoh, KPMG, H&M, Groupe SEB
ITNL, Aditya Birla Nuvo Ltd., Zaklady Farmaceutyczne Polpharma S.A., Daelim Industrial Co. Ltd., Barco N.V., SITA, McGregor Fashion Group B.V., PCCW Ltd.
Find out what your peers are saying about Board vs. Oracle Hyperion and other solutions. Updated: March 2025.
841,004 professionals have used our research since 2012.