OneStream XF vs Oracle Hyperion comparison

OneStream and Oracle are both solutions in the Business Performance Management category. OneStream is ranked #9 with an average rating of 10.0, while Oracle is ranked #2 with an average rating of 7.2. OneStream holds a 4.5% mindshare in BPM, compared to Oracle’s 12.5% mindshare. Additionally, 100% of OneStream users are willing to recommend the solution, compared to 85% of Oracle users who would recommend it.

OneStream XF

Read 3 OneStream XF reviews

1,191 Views
765 Comparison Views

100% willing to recommend

Oracle Hyperion

Read 54 Oracle Hyperion reviews

2,784 Views
1,833 Comparison Views

85% willing to recommend

OneStream XF

Oracle Hyperion

Comparison Buyer's Guide

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Executive SummaryUpdated on Dec 19, 2024

Oracle Hyperion and OneStream XF are enterprise performance management products providing financial planning, budgeting, and forecasting solutions. OneStream XF appears to have an edge in flexibility and integration, making it suitable for modern business needs.

Features: Oracle Hyperion offers robust financial management features with comprehensive budgeting, forecasting, and support for complex financial processes. It has extensive legacy integrations, catering well to businesses needing stability. OneStream XF provides a unified platform designed for modern finance, integrating planning, reporting, and analysis. It streamlines processes, adapts to change efficiently, and enhances overall flexibility.

Ease of Deployment and Customer Service: Oracle Hyperion's deployment can be complex due to its traditional architecture, often requiring considerable IT involvement. Its established service network is helpful in resolving issues. OneStream XF offers a straightforward, cloud-based deployment with efficient configuration and scaling options. Its customer service is recognized for responsiveness and effectiveness, supporting a seamless implementation experience.

Pricing and ROI: Oracle Hyperion typically has lower initial setup costs, providing predictable expense structures. However, its traditional model might lead to higher long-term maintenance expenses, affecting ROI. OneStream XF, despite higher upfront costs, delivers significant ROI through agility and efficiency, catering to evolving business environments and offering long-term cost benefits.

To learn more, read our detailed OneStream XF vs. Oracle Hyperion Report (Updated: December 2024).

Buyer's Guide

OneStream XF vs. Oracle Hyperion

December 2024

Download the complete report

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Categories and Ranking

OneStream XF

Ranking in Business Performance Management

9th

Average Rating

10.0

Reviews Sentiment

6.8

Number of Reviews

Ranking in other categories

Financial Close Software (6th)

Oracle Hyperion

Ranking in Business Performance Management

2nd

Average Rating

7.8

Reviews Sentiment

6.4

Number of Reviews

Ranking in other categories

No ranking in other categories

Mindshare comparison

As of December 2024, in the Business Performance Management category, the mindshare of OneStream XF is 4.5%, down from 5.8% compared to the previous year. The mindshare of Oracle Hyperion is 12.5%, down from 12.7% compared to the previous year. It is calculated based on PeerSpot user engagement data.

Business Performance Management

Featured Reviews

AndyJorgensen

Chief Revenue Officer at a computer software company with 51-200 employees

Combines consolidations, planning, and forecasting into a single platform, eliminating the need for multiple products and streamlining data management

There's always stuff on the drawing board, and there's an arms race going on in the AI space. It's too soon to pick a winner between OneStream and Oracle. OneStream's smaller, so maybe they're more nimble, but Oracle has more resources. AI is where I see the most innovation and progress, but it's not fully developed yet. The other thing is that there are probably little things in the UI and overall processes that could be made easier to use. But there's nothing so consequential that it ruins your experience. It's more about tweaking and streamlining certain processes within the system.

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Mahdi Mohaddes

Junior Financial Analyst at Coveris Inc.

Good tool for data visualization but interface is not very intuitive

I am the one that builds the reports. So, it's the baseline for making any predictions for budgets and something like that. We are an international organization, so it helps us to have consolidated reports and a clearer overview. It certainly supports streamlining across our global operations. The integration of Hyperion into our existing system improved operational efficiency.

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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

"The product's most valuable feature is extensibility."

"We were with Oracle previously. With Oracle, you have to buy a different piece of software for every business process. If you want to do budgeting, that's a product. If you want to do consolidation, that's a product. If you want to do BI type of work, that's yet another product. So, you end up buying a lot of software from Oracle. With OneStream, it is a little different. It is a platform where you can do all those things, and you can do them with just one software purchase and then you just pay for users on it."

"It offers great ease of use. This impacts not only the end-user experience but also the administrator's, which affects the total cost of ownership."

"Scalability is one of this solution's big plus points."

"This is a customizable product. Our implementation was designed to fit our needs."

"The stability is fine and quite user friendly."

"We like the reporting and tracking of financials."

"Since it is an enterprise-capable solution, people are not worried about security, giving data, the ability to manage complex consolidation, and its ability to modify reporting."

"The accuracy of data gathering and consolidation is very good."

"The implementation has been simplified now that it's deployed in the cloud. Also, Hyperion is tightly integrated with Oracle products because Oracle owns it now."

"It's a very good program and it's useful for consolidation."

More Oracle Hyperion pros

Cons

"AI is where I see the most innovation and progress, but it's not fully developed yet."

"We should be able to download the data in the same format we upload it."

"Currently, they only support one browser, and it would be good if you could use it on Chrome, Firefox, etc. It is a little frustrating that you can only use a certain Microsoft browser. They're pretty tightly aligned with Microsoft. So, I can see the reasons for it."

"There can be an improvement in many regards with the dimensions, the metadata, the interfaces, as well as the integration."

"Improvements are needed in the tool's performance."

"The analytics could be improved."

"The solution's reporting and dashboards need improvement."

"Sometimes Oracle Hyperion is slow when there are a lot of users using it. However, we can have up to approximately 300 users using it."

"The solution is about to cease to exist, so it doesn't really matter if they add anything to it. It's at end-of-life."

"Oracle EPM Cloud solutions have simplified the security model. Nevertheless, it would be better having a more differentiated security model."

"I have a problem with Hyperion when I need to log some changes in the budget. It's hard to know who made which changes in the budget."

More Oracle Hyperion cons

Pricing and Cost Advice

"They price it by the user. Before discounting, it is 2,500 or something like that."

"The licensing is expensive."

"The product has a license by the user. They're on par with other competitors."

"It might be considered relatively costly compared to some alternatives."

"Compared with MSBA, it is quite reasonable."

"To get a full license, which gives you access to most of the different Hyperion programs, it costs $2000 to $2500 a month."

"We pay for licensing yearly."

"As Oracle's pricing is on the higher end, most businesses prefer to have their own private cloud."

"Oracle Hyperion's licensing structures are quite expensive for some companies, especially medium-sized companies because of the user-based license."

"The solution is affordable."

"The licensing cost for the on-premises version of the solution is too high."

More Oracle Hyperion pricing and cost advice

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Top Industries

By visitors reading reviews

Educational Organization

19%

Manufacturing Company

10%

Computer Software Company

10%

Financial Services Firm

Manufacturing Company

12%

Computer Software Company

11%

Financial Services Firm

10%

University

Company Size

By reviewers

Large Enterprise

Midsize Enterprise

Small Business

No data available

Questions from the Community

Seeking lightweight open source BI software

I advise you to try OneStream. This is a very good platform focused on reporting, consolidation and budgeting & forecasting.

See all answers

What do you like most about OneStream XF?

It offers great ease of use. This impacts not only the end-user experience but also the administrator's, which affects the total cost of ownership.

See all answers

What is your experience regarding pricing and costs for OneStream XF?

The product has a license by the user. They're on par with other competitors. One thing to consider is their relationship with Microsoft. They often push customers towards Azure, and Azure can get ...

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What do you like most about Oracle Hyperion?

We can collect data from various sources, which is very useful for budgeting and planning.

See all answers

What needs improvement with Oracle Hyperion?

The most important aspect for improvement is the time efficiency when handling large databases. When the database consists of several million records, the software can be slow. However, the perform...

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What is your primary use case for Oracle Hyperion?

We use Oracle Hyperion for ad hoc querying and connection with multidimensional databases. It is very easy to use for combining dimensions of the database such as time, geography, and product dimen...

See all answers

Comparisons

Anaplan vs OneStream XF

Compared 22% of the time

Oracle HFM vs OneStream XF

Compared 21% of the time

IBM Planning Analytics vs OneStream XF

Compared 12% of the time

BlackLine vs OneStream XF

Compared 10% of the time

IBM Cognos Controller vs OneStream XF

Compared 7% of the time

More OneStream XF Competitors

IBM Cognos vs Oracle Hyperion

Compared 20% of the time

Tableau vs Oracle Hyperion

Compared 19% of the time

Oracle HFM vs Oracle Hyperion

Compared 14% of the time

Anaplan vs Oracle Hyperion

Compared 11% of the time

Oracle Planning and Budgeting Cloud vs Oracle Hyperion

Compared 3% of the time

More Oracle Hyperion Competitors

Product Reports

Buyer's Guide

Business Performance Management

November 2024

Download OneStream XF product report

Buyer's Guide

Oracle Hyperion

December 2024

Download Oracle Hyperion product report

Also Known As

No data available

Hyperion

Learn More

OneStream

Oracle

Overview

Financial Close, Consolidation and Reporting
Automate the financial close; reduce time waiting for data loads and refreshing of reports throughout the month. Access accurate and secure financial and operational information from any data source.

Oracle Business Analytics Suite.

Sample Customers

Fruit of the loom, Melrose, AAA, Valeo Foods

ITNL, Aditya Birla Nuvo Ltd., Zaklady Farmaceutyczne Polpharma S.A., Daelim Industrial Co. Ltd., Barco N.V., SITA, McGregor Fashion Group B.V., PCCW Ltd.

Buyer's Guide

OneStream XF vs. Oracle Hyperion

December 2024

Free Report: OneStream XF vs. Oracle Hyperion

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