Microsoft Power BI vs Oracle HFM comparison

"I like that I can use Power BI to upload data. That is very important for me. The visualization is also convenient and easy to use."

"Initial setup was very straightforward. Users can get up and running reporting on databases within minutes."

"The most valuable features of Microsoft BI are its intuitiveness and ease to use."

"This is a self-service BI tool, so it doesn't require a huge amount of technical training, knowledge, or a background in BI in order to induct new people into it."

"I like all the tools in Microsoft BI because they all have different purposes. There are a lot of people using Microsoft BI, and everybody is using it. The users have adapted well to the technology."

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

"The solution is stable."

"The most valuable feature is definitely the visual aspect and the DAX capabilities to virtually do anything."

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

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

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

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

"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."

"It is a very user-friendly software."

"The tool is stable."

"Drill-down in dashboards needs to improved. The capability only works in Power BI Desktop today. We need to have an alternative approach today."

"Right now, their premium pricing is keeping us out of the premium market. The premium price per user just doesn't make sense for us, but we haven't reached the limit of 500 users to justify the premium."

"One of the more difficult things to do is to export some of the data from Power BI to Excel."

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

"The accounting data needs improvement."

"The solution could benefit by allowing deeper data analytics."

"The significant drawback I notice is that Microsoft's size makes it hard to get specific change requests addressed unless they involve a bug."

"I would suggest improvements in visualization standards, particularly in customization and appearance."

"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."

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

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

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

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

"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 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."

"The pricing for the solution is relatively higher compared to other alternatives."

"It is free."

"The price of Microsoft BI is expensive. We found the price of Tableau to be less expensive."

"The license is on a yearly basis."

"All of the licenses are on an annual basis, but Microsoft will amortize it to an extent. If it's five years, they'll include the possible interest they might have the following year. Ideally, their licensing scheme is an annual license, but they make it easier for some of our clients to take a five-year license but package everything inside for them to buy the license for five years."

"It's straightforward licensing."

"Pricing is a big advantage that Power BI has over Tableau. Power BI is three or four times cheaper than Tableau. For my personal use, I will definitely prefer a $20 monthly fee of Power BI rather than a $70 monthly fee of Tableau. If you pay altogether for Power BI, they give you a discount, whereas, with Tableau, there is no discount. There are three versions of Power BI: Free, Pro, and Premium. The Premium version comes with a lot of things. There is no extra or hidden fee. You pay every month, and the software is with you. If you upgrade, there will be some extra charges."

"The price of the solution can be expensive if you want to synchronize your data more."

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