Jedox vs Oracle HFM comparison

"The solution is quick with analysis and calculation. The tool offers high digitalization which helps us to run the controlling department with less number of people. If the software wasn't there, I would need two to three people extra to run the department."

"The main strength of Jedox lies in mastering the navigation, especially the Excel add-in."

"The EPM is the most valuable feature."

"The system is quite flexible. Based on our requirements, we create different cubes that can help us to do complete planning."

"The ease of reporting is one of Jedox's most valuable features."

"The customer porting is the most valuable feature."

"The Excel interface is designed to retrieve data from the database and send it back, which is a significant advantage."

"The data entry point is most valuable. The way we can customize our report or do data entry is very good."

"It is a very user-friendly software."

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

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

"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."

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

"The tool is stable."

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

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

"I think it's the design of the report because the design and the UI for the report is standard and lame. When you see a Jedox report, it doesn't seem like it's from today, because the technology is something from the last decade. The scalability needs improvement."

"Being an analytical solution, it should have more visualization options like graphs. When we are putting it, it should have more options. The UI can be made more modernized based on today's market. Sometimes, when we are doing heavy reports or dashboarding, there is a bit of a performance issue because it is pulling up a huge amount of data. That can be improvised by buffer memory and getting some buffer memory feature into it. It is a bit complex because it is a CPM solution. It helps you to get the information based on the different tools that we are using, which is a bit of a complex thing. It is not as easy as Microsoft Power BI. It is also not that easy as an implementation piece. It takes time to convert the business requirement into the proper solutions in the tool, which is time-consuming. It took about eight months to do the complete implementation. We got some training from the partner and the Jedox team, which helped us later on in pulling things forward, but too much learning is required, and too many possibilities are there."

"The tool has changed its pricing and it's now too expensive for small and medium organizations. I miss the open-source version which was free and we could do a lot of things with it."

"There is room for improvement in the scalability. It is a very massive tool. It's not easy to just build everything yourself."

"Online pixel-perfect reporting is an aspect that has room for improvement."

"I don't find it particularly user-friendly."

"From a development perspective, there's room for improvement in the area called the designer, where you actually build your reports to make it easier to manage the process."

"The solution needs to improve its support. The visualization in Microsoft BI is more modern and comfortable than Jedox's. I would expect something similar with the solution."

"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."

"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."

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

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

"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."

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

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

"The solution's pricing is specific to your requirements."

"Excellent value for money."

"We paid a one-time fee, which included product purchase, licensing, and first-time implementation. We are paying for the maintenance regularly."

"Jedox was a bit cheaper compared to Calumo."

"The product’s pricing will not be suitable for setting up a small solution."

"If you are using SAP, then you will have to take an SAP Connector license. The license across the tool is paying for the people who are using it as an admin or as a normal user. They can work out those costs in a manner that can help. This can also be a point of improvement where they can work out the costing, and the developers have a specific licensing cost. The normal users, who are going to do probably data entry or just going to view the dashboard, can have a separate license cost."

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