Microsoft Power BI vs Oracle HFM comparison

"Data integration is very useful in Power BI. It lets me collect data from many sources. For example, I can get data from Oracle databases and SQL Server databases at the same time."

"There is also a chart store where we can download charts, which is extremely useful."

"Microsoft B's beneficial features are that it is a Microsoft product and it is well known by the staff here in the company. It suited the available skills."

"The initial setup is straightforward."

"You can learn a lot of things quickly using resources like ChatGPT or Microsoft's own solutions, which are very helpful within the Microsoft ecosystem."

"MS SQL & SQL Server Analysis Services."

"The scalability overall has been quite good."

"Ease of development and maintenance."

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

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

"The tool is stable."

"It is a very user-friendly software."

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

"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."

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

"I would like to see more AI capabilities in future releases. There's a strong interest in AI, including technologies like GPT, which facilitate real-time interactions."

"It should have more report outputs. They should expand the report outputs. Its documentation should also be better."

"Sluggish performance when handling large amounts of data."

"Defining a relationship was very confusing. There were circular directions for which I had to do a lot of adjustments in the data. They can do something to make it easier."

"You do need to do some hard coding for certain things in Microsoft BI."

"I would like Microsoft to include some inbuilt machine learning so that it becomes point-and-click, rather than us developing models out of API and BI connecting to that and getting the results. That process gets in the way of continuity."

"It needs a wizard that covers all its options."

"A few features available in Tableau are not available in Power BI. For example. Tableau has the ability to make up the physical layer and all other stuff at runtime. In Power BI, we have to develop a proper physical layer to connect it. The limitation that we normally face is related to the direct query mode. When it comes to the direct query mode, most of the functionality is not working, which is an issue for us. We have to use the direct query mode frequently because the client needs real-time data. They should work on this limitation. There are a lot of other technical things that need to be improved. I am also following the Power BI platform and Microsoft Support Center platform on the web where users have put their requirements. Microsoft is also working on improving this solution. In every update, they add new features to this solution."

"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."

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

"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."

"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."

"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."

"While Power BI is generally a paid product, particularly for enterprise features and scalability, you can start with the free version and still achieve significant functionality."

"Their price is good."

"The solution is priced well for what they offer. However, the premium version is very expensive."

"The premium licensing is approximately $5,000 per month which is pretty expensive."

"The costs are small and the benefits are high."

"The licensing can be complicated."

"I am satisfied with its price. Its price is very less as compared to Tableau and QlikView."

"Power BI comes with enterprise Microsoft licensing. So for the user, you don't have to pay, but you do have to pay a one-time cost."

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