Oracle Hyperion vs Workiva Wdesk comparison

Oracle and Workiva are both solutions in the Business Performance Management category. Oracle is ranked #2 with an average rating of 7.6, while Workiva is ranked #11 with an average rating of 7.0. Oracle holds a 4.9% mindshare in BPM, compared to Workiva’s 3.4% mindshare. Additionally, 86% of Oracle users are willing to recommend the solution, compared to 71% of Workiva users who would recommend it.

Oracle Hyperion

Read 58 Oracle Hyperion reviews

3,124 Views
2,093 Comparison Views

86% willing to recommend

Workiva Wdesk

Read 7 Workiva Wdesk reviews

2,546 Views
764 Comparison Views

71% willing to recommend

Oracle Hyperion

Workiva Wdesk

Comparison Buyer's Guide

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Executive SummaryUpdated on Dec 19, 2024

Oracle Hyperion and Workiva Wdesk are competing enterprise performance management and financial reporting products. Hyperion seems to have the upper hand in data management and complex financial analytics, while Workiva Wdesk excels in user-friendliness and collaboration.

Features: Oracle Hyperion provides advanced analytics, data integration, and scalable architecture suitable for large enterprises with complex requirements. Its valuable features include comprehensive data management tools, intricate financial analytics, and robust calculation power. Workiva Wdesk emphasizes collaborative document control, cloud-based reporting, and compliance management. Key features include automated reporting schedules, dynamic data updates, and seamless ERP integration.

Room for Improvement: Oracle Hyperion could enhance user-friendliness, simplify deployment, and improve its user interface for easier accessibility. Workiva Wdesk may benefit from further integration capabilities, expanded analytical features, and enhanced data security measures.

Ease of Deployment and Customer Service: Oracle Hyperion generally requires a detailed setup and significant IT support, offering substantial capabilities post-deployment. Workiva Wdesk supports quicker deployment and updates due to its cloud-based model and is noted for providing responsive customer support and guidance.

Pricing and ROI: Oracle Hyperion involves higher initial setup costs and a longer ROI period, fitting for large organizations needing detailed financial solutions. Workiva Wdesk offers a more favorable pricing structure for mid-sized organizations, enabling faster ROI with lower deployment costs and efficient reporting.

To learn more, read our detailed Oracle Hyperion vs. Workiva Wdesk Report (Updated: February 2026).

Buyer's Guide

Oracle Hyperion vs. Workiva Wdesk

February 2026

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Review summaries and opinions

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

Categories and Ranking

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

Workiva Wdesk

Ranking in Business Performance Management

11th

Average Rating

7.0

Reviews Sentiment

7.0

Number of Reviews

Ranking in other categories

GRC (8th), Financial Close Software (6th)

Mindshare comparison

As of February 2026, in the Business Performance Management category, the mindshare of Oracle Hyperion is 4.9%, down from 11.9% compared to the previous year. The mindshare of Workiva Wdesk is 3.4%, up from 2.9% compared to the previous year. It is calculated based on PeerSpot user engagement data.

Business Performance Management Market Share Distribution
Product	Market Share (%)
Oracle Hyperion	4.9%
Workiva Wdesk	3.4%
Other	91.7%

Business Performance Management

Featured Reviews

Srinivas Chappidi

Product Support Engineer at JSW

Empower financial planning with user-friendly and robust features

The best features of Oracle Hyperion revolve around their cloud-based technology, which is gradually moving to cloud solutions such as EPMCSG, while Anaplan uses two engines for calculations, the classic engine and the Essbase engine. Anaplan allows for quick module changes, where adjustments in one module reflect throughout the user experience. In contrast, Oracle Hyperion relies on Essbase as a database with calculation scripts and business rules, and it incorporates Smart View technology for Excel connections, providing a familiar interface for users. Oracle Hyperion is fundamentally a good technology and does not require significant improvements compared to other technologies because it is user-friendly and offers several advantages in financial reporting and consolidation. However, I have observed that Anaplan has built-in UX pages for report preparation, unlike Oracle Hyperion, which often relies on third-party tools such as Hyperion Financial Reporting and Power BI for reporting.

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reviewer2510292

Corporate ESG Analyst at a university with 1,001-5,000 employees

Has cross-functional connectivity but improvement is needed in script encoding

The tool's deployment is quick. Once the program is set up, you're ready to collect data and connect it to your report. The deployment team's size depends on the size of the company and how many different data providers you're utilizing. Some companies have one person doing everything, while others have a huge team. We're on the latter end of it, with many people involved. One great thing about the platform is that everything is consolidated in one place, providing a single resource for everyone. This is a benefit. The maintenance of the solution depends on the experience of the person managing the company's program. The company might have a contractor handling the back end and software management if they're low-level and only analyzing the data. However, if you have someone experienced with software and script encoding, that person might be the analyst and managing the program. Generally, most people are just analysts and not managing the software. There's an opportunity for improvement in user management of their software, and I hope they address this gap before the year ends.

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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

"Its major impact is that it reduced manual work since using Oracle Hyperion, and Oracle Hyperion data can now be updated, with data loads completed in 30 minutes."

"Oracle Hyperion is fairly user-friendly and not too complicated. The forecasting, it's really good. It's sometimes slow when there are a lot of users using it and we can have up to approximately 300 users using it. However, you can do it in Excel because there's an Excel add-in. This is a benefit because a lot of people do this way instead of having to go into the planning application itself."

"The tool is very scalable and powerful. It helps us with financial reporting and performance reporting. It is a very good tool for consolidation and budgeting. We are dependent on it for reporting."

"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."

"The tool's most valuable feature of the solution is flexibility and integration capabilities."

"It is easy to use. It is very intuitive. Even though there is a lot of functionality that comes out of the box, you can customize the solutions to meet your needs. You have the ability to have business rules that produce all kinds of calculations. We're international, and we do all our FX conversions through that."

"Smart View is a really useful tool because we can have a good API with HFM."

"Oracle Hyperion is an advanced analytical calculation engine that can handle aggregation."

More Oracle Hyperion pros

"The collaboration within the platform is valuable."

"It helps you to maintain a backup of your data, including the connectivity with the tables, which provides a user-friendly way to handle and access your files."

"Workiva Wdesk is pretty good in terms of getting the data from the system, automating the reporting schedules...It has a very good integration with ERP tools."

"The cross-functionality between connectivity, whether through API connections between different software platforms or the connection of data collection to the actual written ESG report, is highly valuable. The connectivity of all these aspects significantly aids in data assurance, which I consider a bonus."

"The most valuable feature is its ability to easily upload and update financial results, creating a dynamic data sheet."

"Workiva Wdesk has a flow diagram that is standardized, making it easy for people to file documents on ECDAs, which are in HTML format."

"It makes the compliance process more efficient and more effective."

Cons

"It is challenging to do reporting on Oracle Hyperion if you're not an expert."

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

"I would love more comment capabilities so that you could put in little notes, cheat notes."

"The analytical side of the product could be better and needs to be improved."

"This solution's stability is a little problematic."

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

"The pricing model could be more flexible as it's more expensive than its competitors."

"Oracle Hyperion's scalability could be improved."

More Oracle Hyperion cons

"Regarding the solution, reporting has certain areas that can be considered for improvement."

"With this product, it's more about the integrated data model where you can have a one-to-many/many-to-one relationship between your policies and processes, risks, and controls. They need to showcase how you can put those pieces together."

"The tool's script encoding needs to be updated to make it more user-friendly and less of a manual process when changes are made to a company's program. Those changes happen frequently due to mandatory or voluntary reporting requirements, leading to lost linkage connections that must be manually reset each time a change is made. This aspect is not functional now, and I see it as an opportunity for improvement."

"The speed must be improved."

"The most critical issue is the need to shift between uppercase and lowercase."

"One area where Workiva Wdesk could improve is by ensuring that its cloud-based system is fully compatible with the most current versions of PowerPoint and Excel."

"At this point, I don't see a compelling reason to invest in Workiva. It may be necessary for compliance and controlling the version of SCC, but not everyone needs its high-end capabilities."

Pricing and Cost Advice

"The licenses cost approximately $1,000."

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

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

"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."

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

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

"Compared with MSBA, it is quite reasonable."

More Oracle Hyperion pricing and cost advice

"Our clients in Asia think that the solution is too expensive."

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Top Industries

By visitors reading reviews

Manufacturing Company

12%

Financial Services Firm

11%

University

Computer Software Company

Financial Services Firm

15%

Manufacturing Company

Computer Software Company

Insurance Company

Company Size

By reviewers

Large Enterprise

Midsize Enterprise

Small Business

By reviewers
Company Size	Count
Small Business	16
Midsize Enterprise	6
Large Enterprise	38

By reviewers
Company Size	Count
Small Business	1
Midsize Enterprise	1
Large Enterprise	5

Questions from the Community

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?

We are going to re-implement the Oracle Hyperion system due to changes in our chart of account process and some other factors. We were analyzing whether to move to a cloud system, EPM Cloud. We hav...

See all answers

What is your primary use case for Oracle Hyperion?

We are using Oracle Financials and Oracle Hyperion. Oracle Hyperion is used for budget and MIS reporting, while Financials is used for financial accounting, payables, receivables, and general ledge...

See all answers

What needs improvement with Workiva Wdesk?

The tool's script encoding needs to be updated to make it more user-friendly and less of a manual process when changes are made to a company's program. Those changes happen frequently due to mandat...

See all answers

What advice do you have for others considering Workiva Wdesk?

I've been working with the tool's script encoding departments and top management to address gaps in their script encoding. They are working towards closing these gaps to ensure we can continue usin...

See all answers

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Product Reports

Buyer's Guide

Oracle Hyperion

January 2026

Download Oracle Hyperion product report

Buyer's Guide

Workiva Wdesk

January 2026

Download Workiva Wdesk product report

Also Known As

Hyperion

Wdesk

Overview

Oracle Business Analytics Suite.

Oracle

Wdesk is used across the enterprise to support hundreds of data collaboration, reporting, and compliance processes. Use Wdesk to:

Optimize your structured and composite reports
Improve trust in your data, reports, and presentations
Transform processes to enable insight

Workiva

Sample Customers

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.

Noodles Company, eBay, Winnebago, American Assets Trust, AmericanEnterprise, Calpian, Capstone Infrastructure, Cascades, Circor International, Coeur Mining, Davey, Dr Pepper Snapple

Buyer's Guide

Oracle Hyperion vs. Workiva Wdesk

February 2026

Free Report: Oracle Hyperion vs. Workiva Wdesk

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