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Oracle HFM vs Oracle Hyperion comparison

 

Comparison Buyer's Guide

Executive SummaryUpdated on Dec 19, 2024

Review summaries and opinions

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:
 

ROI

No sentiment score available
Sentiment score
6.3
Opinions on Oracle Hyperion's ROI are mixed, with varying experiences in task efficiency, data accuracy, and financial benefits.
 

Customer Service

Sentiment score
6.5
Oracle HFM support is knowledgeable but sometimes slow; users rely on partner networks and external resources for help.
No sentiment score available
 

Scalability Issues

Sentiment score
8.2
Oracle HFM supports large organizations effectively, offering scalability and stability, though some prefer SuccessFactors for better scalability options.
Sentiment score
7.1
Oracle Hyperion is scalable for large enterprises but may face challenges with user expansion and complexity without cloud integration.
 

Stability Issues

Sentiment score
8.1
Oracle HFM is stable, reliable, user-friendly, but occasionally performance issues arise despite consistent high stability ratings.
No sentiment score available
 

Room For Improvement

Oracle HFM needs modern updates in usability, integration, and functionality, including improved reporting, automation, and a unified system.
 

Setup Cost

Oracle HFM's user-based licensing is costly but ensures compliance, reduces risks, and offers a good return on investment.
Oracle Hyperion is seen as costly, with significant initial and ongoing expenses, though some find it competitively priced.
 

Valuable Features

Oracle HFM excels in data consolidation, multi-currency handling, and financial reporting, offering flexibility and user-friendly access.
 

Categories and Ranking

Oracle HFM
Ranking in Business Performance Management
6th
Average Rating
8.2
Reviews Sentiment
7.0
Number of Reviews
15
Ranking in other categories
No ranking in other categories
Oracle Hyperion
Ranking in Business Performance Management
2nd
Average Rating
7.8
Reviews Sentiment
6.4
Number of Reviews
54
Ranking in other categories
No ranking in other categories
 

Mindshare comparison

As of December 2024, in the Business Performance Management category, the mindshare of Oracle HFM is 9.8%, up from 8.9% 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

AhmedHaridy - PeerSpot reviewer
Offers flexibility and ease of configuration
The initial setup of Oracle HFM is generally straightforward and not overly complex. The deployment time for Oracle HFM varies with the resources, but it usually takes around three to eight months, with an average of three to four months. The deployment process for Oracle HFM involves several key steps. It begins with the installation of Oracle software, followed by gathering requirements and relevant documents. These documents help define the report formats and service needs. Next, the team configures the system, starting with the enterprise structure, which needs to align with the ERP system. Data loading and configuration follow, with Oracle HFM typically requiring more resources compared to other systems like SuccessFactors.
Mahdi Mohaddes - PeerSpot reviewer
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.
report
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824,067 professionals have used our research since 2012.
 

Top Industries

By visitors reading reviews
Manufacturing Company
12%
Financial Services Firm
12%
Computer Software Company
11%
Healthcare Company
5%
Manufacturing Company
12%
Computer Software Company
11%
Financial Services Firm
10%
University
5%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
 

Questions from the Community

What do you like most about Oracle HFM?
The most valuable feature is the flexibility and ease of configuration in terms of testing and formula creation.
What is your experience regarding pricing and costs for Oracle HFM?
It depends on the discount offered by Oracle. It is an expensive product but delivers what it promises, ensuring regulatory compliance, reducing risks associated with spreadsheets, and providing a ...
What needs improvement with Oracle 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.
What do you like most about Oracle Hyperion?
We can collect data from various sources, which is very useful for budgeting and planning.
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...
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...
 

Comparisons

 

Also Known As

HFM
Hyperion
 

Learn More

 

Overview

 

Sample Customers

B&B Hotels, Goldwind, Drake & Scull
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.
Find out what your peers are saying about Oracle HFM vs. Oracle Hyperion and other solutions. Updated: December 2024.
824,067 professionals have used our research since 2012.