Oracle HFM vs Oracle Hyperion comparison

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

"The tool is stable."

"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."

"It is a very user-friendly software."

"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."

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

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

"Oracle Hyperion is an engine allowing you to build whatever you want on it."

"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 roll-up potential of the product is very good, meaning we have detailed information and we want it to be summarized, based on geography, based on different product lines, or based on different charts of accounts in the general ledger. It rolls up the information in a very concise way. This makes it easy to understand the overall performance, for it's forecasting aspects, or quarterly reporting, year to year, or month to month reporting."

"This solution provides a more structured methodology for doing analysis than a tool like Excel. It creates a central database that keeps all information in one place."

"The stability is fine and quite user friendly."

"We can integrate with any system and pull data from SAP or SQL Server. We can also design our own role files to establish how we pull the file data and store it in our database."

"Oracle Hyperion has helped make things work faster in our company."

"Scalability isn't a problem for Hyperion."

"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."

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

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

"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."

"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."

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

"The initial setup of Oracle Hyperion is very difficult."

"The forecasting of values could be simplified in this solution."

"The reporting feature in Oracle Hyperion isn't the best. It needs improvement."

"Oracle Hyperion's scalability could be improved."

"Oracle Hyperion generally it's quite a complex architecture that is hard to maintain."

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

"We are still having some issues with the ASO Cube. It can take a long time to clear the data in the ASO Cube compared to BSO data-clearing operations. We don't have a specific calculation in the ASO, and we only have these aggregate options on the ASO side. If we need calculations, we have to calculate them in the BSO and pass the data to the ASO Cube for the reporting. That's one of the drawbacks. Oracle could also improve on the data logging side as well."

"I found the initial setup to be complex."

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

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

"Oracle Hyperion is not an inexpensive solution."

"Compared with MSBA, it is quite reasonable."

"The licenses cost approximately $1,000."

"We pay for licensing yearly."

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

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

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