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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 (23rd), Reporting (20th)
Oracle Hyperion
Ranking in Business Performance Management
2nd
Average Rating
7.8
Reviews Sentiment
6.4
Number of Reviews
54
Ranking in other categories
No ranking in other categories
 

Mindshare comparison

As of January 2025, in the Business Performance Management category, the mindshare of Board is 5.9%, up from 5.7% compared to the previous year. The mindshare of Oracle Hyperion is 12.7%, down from 13.0% 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.
Mahdi Mohaddes - PeerSpot reviewer
Good tool for data visualization but interface is not very intuitive
I am the one that builds the reports. So, it's the baseline for making any predictions for budgets and something like that. We are an international organization, so it helps us to have consolidated reports and a clearer overview. It certainly supports streamlining across our global operations. The integration of Hyperion into our existing system improved operational efficiency.

Quotes from Members

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

Pros

"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."
"The drill down is good for people who have that high level view, because they can do some analysis based on it."
"The most valuable features are the reporting and the charts. The reporting functionality is handy for aggregation, when it comes to planning. That ability is fascinating and our users are very happy with it. The charts and the reporting allow our users to see all the data and to see how things are going this year or in the COVID situation. They're seeing everything. Instead of having to check data line by line, they're seeing it in a graph and they're seeing it in charts."
"The ease of being able to get the data into BOARD is what makes it nice for people with a semi-IT background."
"Where it used to take me three days at the beginning of the year to create the new financial statement, now it is a matter of minutes because all the data is in the system."
"The aesthetics of it are really nice. That is what attracted us to BOARD: the ease and functionality of it."
"It is useful for self-analysis regarding company data and helps to find areas where we can improve."
"It is easy to make quick updates. As the business changes, we can maintain the tool without programming help from IT."
"The platform is very easy to use from a user perspective, especially for nontechnical experts."
"Smart View is a really useful tool because we can have a good API with HFM."
"Oracle Hyperion is an advanced analytical calculation engine that can handle aggregation."
"This solution provides a more structured methodology for doing analysis than a tool like Excel. It creates a central database that keeps all information in one place."
"We can collect data from various sources, which is very useful for budgeting and planning."
"One can see that it's a mature product because it addresses all the requirements that you must need for financial consolidation and for budgeting and planning. It's really easy to use."
"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."
"Oracle has an integrated solution for Enterprise Performance Management (EPM) and Hyperion. It keeps the two platforms opened up to each other."
 

Cons

"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."
"We would like to see better logging in the procedural world."
"We are looking at ways to improve how we deal with security in BOARD and other similar things. ​"
"Some of our users are still using an MS Office add-in for Excel for certain calculations, and when they export from Board, some of the values, some of the totals and column names, are not coming through into Excel."
"It can have more functionality for narrative reporting. They should also improve their training courses, which are currently very lightweight. When you get into more complex things, it is quite difficult to figure out what you're supposed to do, and you have to look at a lot of videos before you actually understand, which is a bit frustrating. Their training can be more comprehensive."
"In terms of scalability, I would say that there are some limitations in the solution. It cannot handle data that is too big."
"We can't delete entities and cubes in Boards because it interrupts our whole data model."
"The product can be improved by making it possible to know where cubes are used."
"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."
"Oracle Hyperion generally it's quite a complex architecture that is hard to maintain."
"The Oracle technical support in our area is terrible."
"They could support machine learning algorithms for the product."
"Oracle EPM Cloud solutions have simplified the security model. Nevertheless, it would be better having a more differentiated security model."
"The analytical side of the product could be better and needs to be improved."
"This solution's stability is a little problematic."
"The reporting feature in Oracle Hyperion isn't the best. It needs improvement."
 

Pricing and Cost Advice

"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."
"Find a partner who will take responsibility for the implementation, and be available for support."
"The solution is quite expensive, if it is made cheaper then we can have more clients. I rate it four out of ten."
"​In terms of the pricing, it was reasonable. BOARD is not the lowest in the market, but it was reasonable for us."
"Compared with MSBA, it is quite reasonable."
"We pay for licensing yearly."
"The solution is affordable."
"The licenses cost approximately $1,000."
"Oracle Hyperion's licensing structures are quite expensive for some companies, especially medium-sized companies because of the user-based license."
"It might be considered relatively costly compared to some alternatives."
"The licensing cost for the on-premises version of the solution is too high."
"To get a full license, which gives you access to most of the different Hyperion programs, it costs $2000 to $2500 a month."
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Top Industries

By visitors reading reviews
Computer Software Company
14%
Financial Services Firm
13%
Manufacturing Company
10%
Insurance Company
7%
Manufacturing Company
12%
Computer Software Company
11%
Financial Services Firm
11%
University
6%
 

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 most important aspect for improvement is the time efficiency when handling large databases. When the database consists of several million records, the software can be slow. However, the perform...
What is your primary use case for Oracle Hyperion?
We use Oracle Hyperion for ad hoc querying and connection with multidimensional databases. It is very easy to use for combining dimensions of the database such as time, geography, and product dimen...
 

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: January 2025.
831,020 professionals have used our research since 2012.