IBM Controller vs Oracle HFM comparison

IBM and Oracle are both solutions in the Business Performance Management category. IBM is ranked #17 with an average rating of 8.0, while Oracle is ranked #7 with an average rating of 8.3. IBM holds a 0.3% mindshare in BPM, compared to Oracle’s 8.8% mindshare. Additionally, 100% of IBM users are willing to recommend the solution, compared to 100% of Oracle users who would recommend it.

IBM Controller

Read 1 IBM Controller review

52 Views
45 Comparison Views

100% willing to recommend

Oracle HFM

Read 15 Oracle HFM reviews

1,711 Views
1,196 Comparison Views

100% willing to recommend

IBM Controller

Oracle HFM

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Executive Summary

We performed a comparison between IBM Controller and Oracle HFM based on real PeerSpot user reviews.

Find out what your peers are saying about Anaplan, Oracle, IBM and others in Business Performance Management.

To learn more, read our detailed Business Performance Management Report (Updated: February 2025).

Buyer's Guide

Business Performance Management

February 2025

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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

IBM Controller

Ranking in Business Performance Management

17th

Average Rating

8.0

Reviews Sentiment

7.2

Number of Reviews

Ranking in other categories

No ranking in other categories

Oracle HFM

Ranking in Business Performance Management

7th

Average Rating

8.2

Reviews Sentiment

7.0

Number of Reviews

Ranking in other categories

No ranking in other categories

Mindshare comparison

As of March 2025, in the Business Performance Management category, the mindshare of IBM Controller is 0.3%, down from 0.4% compared to the previous year. The mindshare of Oracle HFM is 8.8%, down from 9.2% compared to the previous year. It is calculated based on PeerSpot user engagement data.

Business Performance Management

Featured Reviews

Tom Runar Lauritzen

Enterprise Architect at Veidekke

User support and consolidation capabilities have strengthened financial reporting

We primarily use IBM Controller for the consolidation of all our company results and yearly reporting IBM Controller appeals significantly to our user group led by the Chief Financial Officer and the team under them. The strong user support and capability in consolidation are standout features.…

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AhmedHaridy

Managing Director at Emkan

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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Quotes from Members

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

Pros

"IBM Controller appeals significantly to our user group led by the Chief Financial Officer and the team under them."

"The strong user support and capability in consolidation are standout features."

"You can bring in data from any source and from multiple sources, and you can consolidate that data in HFM."

"The tool is stable."

"The most valuable features are around consolidations, eliminations, conversions."

"Financial consolidation and reporting tool with good built-in features such as currency exchange and elimination."

"The most valuable feature is the flexibility and ease of configuration in terms of testing and formula creation."

"It is a very user-friendly software."

"It is an expensive product but delivers what it promises, ensuring regulatory compliance, reducing risks associated with spreadsheets, and providing a better return on investment based on usage."

"Stability-wise, I rate the solution a ten out of ten."

Cons

"I am uncertain about the delivery model of IBM Controller and the direction it is headed."

"The complexity is okay. I don't see it as super complex. The solution could have more functionality to make it a little bit more flexible."

"In terms of improvement, one challenge with Oracle HFM is the need for technical knowledge in writing SQL syntax for custom extensions."

"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."

"Integration is an area where it lacks and can be improved."

"The intercompany reporting function in this tool needs improvement, particularly being able to run reports in batches, rather than one at a time."

"The solution has integration challenges. We need a simple tool that is fool-proof for the data that is submitted not only for consolidation purposes but also for performance management and reporting purposes."

"If there could be data integration between HFM and the accounting software that would be ideal."

"It's a difficult process to try to edit, configure, or change the business rules that exist and work within HFM."

Pricing and Cost Advice

Information not available

"Oracle Hyperion Financial Management (HFM) uses the named user licensing model. There's different pricing depending on HFM and Essbase planning."

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Top Industries

By visitors reading reviews

No data available

Financial Services Firm

12%

Manufacturing Company

11%

Computer Software Company

11%

Healthcare Company

Company Size

By reviewers

Large Enterprise

Midsize Enterprise

Small Business

No data available

Questions from the Community

What is your experience regarding pricing and costs for IBM Controller?

I haven't provided a definitive opinion on pricing. However, knowing our CFO's cost-conscious nature, the pricing is likely very competitive and has never been an issue.

See all answers

What needs improvement with IBM Controller?

I am uncertain about the delivery model of IBM Controller and the direction it is headed. While the delivery model includes both cloud and on-premises options, it causes confusion. A more straightf...

See all answers

What is your primary use case for IBM Controller?

We primarily use IBM Controller for the consolidation of all our company results and yearly reporting.

See all answers

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.

See all answers

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 ...

See all answers

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.

See all answers

Comparisons

IBM Cognos vs IBM Controller

Compared 100% of the time

More IBM Controller Competitors

Oracle Hyperion vs Oracle HFM

Compared 31% of the time

CCH Tagetik vs Oracle HFM

Compared 24% of the time

Microsoft Power BI vs Oracle HFM

Compared 13% of the time

OneStream XF vs Oracle HFM

Compared 10% of the time

Oracle Planning and Budgeting Cloud vs Oracle HFM

Compared 9% of the time

More Oracle HFM Competitors

Product Reports

Buyer's Guide

Business Performance Management

February 2025

Download IBM Controller product report

Buyer's Guide

Oracle HFM

February 2025

Download Oracle HFM product report

Also Known As

No data available

HFM

Overview

IBM Cognos Controller supports the close, consolidation and reporting process with the agility and affordability of a cloud-based solution. It enables finance teams to automate and accelerate the financial close with minimal IT support. It also helps finance teams deliver financial results, create informative financial and management reports and provide the chief financial officer (CFO) with an enterprise view of key financial ratios and metrics.

IBM

Oracle Hyperion Financial Management is a financial consolidation and reporting application built with advanced Web technology. It provides financial managers the ability to rapidly consolidate and report financial results, meet global regulatory requirements, reduce the cost of compliance and deliver confidence in the numbers.

Oracle

Sample Customers

California Franchise Tax Board, Royal Caribbean Cruises Ltd., Kelsey-Seybold Clinic, Mirle Automation Corp., Radware

B&B Hotels, Goldwind, Drake & Scull

Buyer's Guide

Business Performance Management

February 2025

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Find out what your peers are saying about Anaplan, Oracle, IBM and others in Business Performance Management. Updated: February 2025.

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We monitor all Business Performance Management reviews to prevent fraudulent reviews and keep review quality high. We do not post reviews by company employees or direct competitors. We validate each review for authenticity via cross-reference with LinkedIn, and personal follow-up with the reviewer when necessary.