Jedox vs Oracle HFM comparison

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

"The ETL itself was pretty useful and it's integrated in the tenant itself. So the Olap service technology was impressive to me. In order to extract that and load it in the tube in the same tenant or the same tool that was something magnificent because I actually missed this in SEB. SEB requires another tool, and you have to integrate all the tools together. But for Jedox, it was in the one tool."

"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 solution is very versatile."

"The ETL function simplifies many tasks."

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

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

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

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

"The tool is stable."

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

"It is a very user-friendly software."

"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."

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

"More emphasis is needed on the availability of the learning aspect of the solution. Because unless you take up their course that enables you to be an expert in creating the report, you must seek help."

"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."

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

"There is not much training for Jedox."

"The solution should enable a modern look and feel in the front end."

"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."

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

"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."

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

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

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

"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."

"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."

"Jedox was a bit cheaper compared to Calumo."

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

"Excellent value for money."

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

"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."