Oracle Hyperion Reviews

I use it for consolidation and business planning.

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. So, these are some of the features of the solution.

Evidently, we have a hypothesis. That's why we are building our own product. So, I wouldn't want to dive into the improvements needed in the solution at the moment. Since the UI is outdated, Oracle Hyperion has room for improvement in the area of its UI.

Though I have not directly used the solution much, I have worked with a lot of companies that used Hyperion. So, I've probably had about four to five years of experience with Oracle Hyperion. Also, my company is in no way linked to Oracle.

The initial setup of Oracle Hyperion is very difficult.

I wouldn't suggest others use it since it is too complex to implement.

I rate the overall solution a six out of ten.

My primary use case of this solution is as a full EPM shop, with HFM ,planning and FDMEE reports, as well as all the features available under the EPM umbrella.

There is room for improvement in the on-premises software, which doesn't have as many features as the cloud version, such as the EPBS features or the ability to edit metadata for HFM. There are also a number of bugs and issues present in the product.

This solution's stability is a little problematic - every time we go to a new version, there are bugs and issues, and we don't always get a quick solution or support from Oracle. 

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

The support could be improved as service requests can sometimes take a very long time to be dealt with - we have some SRs that are a year old with no solution. In addition, the quality of the answers from the support team is not always good - sometimes we've had scenarios where we've had to ask the same question repeatedly without getting a useful answer.

Prior to Hyperion, we used Oracle OFA. We moved over to Hyperion after OFA was decommissioned.

The complexity of the setup depends on the application being worked on - some are quite complicated, others are easier.

I would rate our ROI as three out of five.

As long as you are designing the product correctly in the current matter, it should work well. How you design the product should be the most important element of your implementation. The design of the applications is variable - some are well-designed, some are not. Overall, I would rate this solution as six out of ten.

Our primary use is for Enterprise Performance Management (in most cases), planning and budgeting, and as a reporting/allocation tool.

We provide customized solutions for finance offices in any industry.

Oracle has an integrated solution for Enterprise Performance Management (EPM) and Hyperion. It keeps the two platforms opened up to each other.

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

I have worked for more than seven years with Oracle EPM and Hyperion.

The fact that you can handle and process a lot of data in a very short time is the most valuable feature.

We showed a lot of demos of these solutions, and a lot of clients that we demonstrated to are very much impressed. It has increased our clientele, so we have a lot more of clients in my company for this application.

It's way ahead of the competition. IBM Solutions have gone down a lot in the last few years and the future is Oracle. So, for now, I don't see any features in IBM that should be improved. It's very good for now.

I don't think that this product needs any improvement for now. I am quite satisfied with the application that we have, it is working just fine. For clients who have a good understanding of the product, it is enabling them meet their deadlines. So for now, I don't think it is necessary for me to consider.

I have used this solution for five years.

Stability is good.

Nine out of 10.

Previously, we were using IBM.

The setup was very straightforward, it is easy to use.

This was the only option that was given to us.

I would always recommend this solution.

It is very versatile, it is easy to use, easy to access, and easy to set up.

I am very satisfied with and keen on this solution.

The entire ETL function is of great value and no feature on its own will function alone. So in my eyes there is not one feature that really stands out on its own.

I work in a consulting role but I believe that by implementing it a lot of organizations’ manual processes have been automated.

FDM has become redundant and is being replaced by FDMEE. FDM will not be supported in the near future anymore and no further development/improvements are done on this product.

It is a manual setup of the type of data that you want to load. To build the application you have to setup and create various locations, maps, categories, etc. You also need to define your input data structure to a certain extent. There is allot of manual work when it comes to creating an application but once the application is created there shouldn’t be any issues when it comes to loading data.

I've been using Oracle Hyperion Financial Quality Data Manager for four years.

There were no issues with the deployment.

We've experienced no issues with performance.

It's been able to scale for our needs.

99% of the time we do our own troubleshooting.

I started with this product.

The initial setup was rather complex but I knew what I needed to do to achieve the end result. There are also allot of reading material on these products if you get stuck.

We used an in-house team. My advice would be to know what you want to achieve with the tool because it is very flexible.

I would not recommend implementing FDM as it is falling away and will not be supported in the near future.

Centralization of the budgeting process. Our company was using Excel spreadsheets to capture all the managers' spreadsheets. They kept being changed by the managers and were never actually frozen in time. Very hard for top management to freeze the budgets.

Reduced budgeting process from six to eight months, to three months. Locking the budget process for the managers permitted us to control the data. No one was doubtful about which versions of the budgets they were working on.

• Flexibility
• Quick to add enhancements and adapt the tool to business requirements
• Little involvement from the IT department

Everyone was looking at the same numbers. As data was entered during the budget process from lower management, upper management had the live consolidated budgets.

The learning curve is pretty steep. For people coming from a relational or star database background, users configuring Essbase need to learn a new way of manipulating the data.

Three to five years.

Simplistic manner of availability, provided the input is source corrected.

In the most simplest way, the product allows the availability of data to be predefined as well as customized based on user inputs and requirements. While in the past, this was more complex leading to data integrity issues, it is now far more controlled in the new environment.

Improvements might relate to the integration of the visual aspect of the product. While this is more database reporting, integration with the BA module similar to PS would be very useful.

There is a scope for improvement in the governance of the product. Also, there is a growing need for the product to have a real time connectivity to other non-Oracle based ERP services to service the growing needs of the organization.

I've used it for around five years.

No issues to date.

No issues to date.

No issues to date.

It's good.

It's good.

No previous solution was used.

It was slightly complex owing to the initial requirement gathering and defining the schema for the business process.

We used a vendor team.

Hyperion tools are very useful in finance. For example, the data relationship management is good for anything that you need to store hierarchical information about, and can be used for data enhancement and modeling. It has a lot of features that assist other parts of the organization as well, but the tools evolved around financial organizations.

In finance, if you have a central repository feeding all of your downstream systems of the metadata that you use, you reduce the number of account reconciliations and report reconciliations that you have to do. It also gives you data quality.

I think that Oracle in general is moving towards cloud technology to remove some of the costs associated with, for example, the EPM suite. The EPM suite, as its capabilities increase, requires upgrading your servers and keeping up with the technology. By going to the cloud, customers are able to avoid those costs.

Once the Oracle products are installed, they're pretty stable. A lot depends on how they're set up, and a lot depends on making sure that you adhere to best practices.

All the Hyperion products that I'm involved with scale very well. They're designed to handle large businesses. People sometimes want to do strange things. They push the tools to the limit, for example. They want to do consolidation of the product level or a customer level, and then it gets a little more complicated.

Most of the problems that we find with the products that we deal with go to Oracle for service. They have a good service organization 24/7.

Our organization has staff dedicated to the infrastructure. There are a lot of intricacies to setting up the products. It's useful to get professional people involved, especially with some of the more complex stacks features that you need to make the whole suite operate. As the products have evolved, they've merged more of the technologies together, so they're more dependent on making sure that you set the right parameters.

I would rate the product a nine out of ten. For what they're designed for, the tools are very useful.