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Oracle Planning and Budgeting Cloud pros and cons

Vendor: Oracle
4.2 out of 5
Badge Leader
612 followers
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Pros & Cons summary

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Prominent pros & cons

PROS

With cloud capability, there is minimal maintenance required as updates and database management are taken care of.
Direct integration with Microsoft Excel allows for beneficial analysis and easy management adjustments.
The workforce cube database is valuable for headcount planning.
Ad hoc reporting is one of the most valuable features of Oracle Planning and Budgeting Cloud.
Oracle Planning and Budgeting Cloud provides end-to-end data integration, customization, and flexibility for different business sizes and environments.

CONS

Oracle Planning and Budgeting Cloud could improve integration with other modules, requiring seamless operation without additional purchases.
Forms in Oracle Planning and Budgeting Cloud can be slow at times when saving and calculating, needing performance improvements.
Workforce planning in HR is complicated, requiring a learning curve and can be made more user-friendly.
The report-building feature is clunky and difficult to use, indicating a need for enhancement.
Issues exist with block creation in memory during calculations, affecting result accuracy.
 

Oracle Planning and Budgeting Cloud Pros review quotes

reviewer1699905 - PeerSpot reviewer
Dec 7, 2021
We previously used Oracle EDS, and when comparing it to this solution, this solution has a much better interface. There are lots of advantages of the new solutions. Having it on the cloud, we are able to forget about keeping them updated or taking care of the database. We have minimal maintenance.
reviewer1760457 - PeerSpot reviewer
Jan 13, 2022
The product has a direct plugin to Microsoft Excel.
LV
Oct 10, 2024
The customization level is excellent.
Learn what your peers think about Oracle Planning and Budgeting Cloud. Get advice and tips from experienced pros sharing their opinions. Updated: March 2025.
844,944 professionals have used our research since 2012.
LV
Nov 7, 2024
I value Oracle's flexibility and customization levels.
Prithwish Kumar Ghosh - PeerSpot reviewer
May 9, 2024
It gives you an end-to-end solution from integrating data from the source system to reporting. So it's a highly recommended tool.
AndyJorgensen - PeerSpot reviewer
Mar 20, 2024
The tool improves the organizational budgeting process in several ways. One significant aspect is the extensionable functionality it offers. To illustrate, consider a scenario where a company has factories in Mexico producing Volkswagen and Kentucky producing Ford.
Arthur Perkins - PeerSpot reviewer
Oct 30, 2024
They provide tools certified to work on-site, in the cloud, or in a hybrid scenario, and this flexibility is valuable for various business sizes.
reviewer1806768 - PeerSpot reviewer
Mar 17, 2022
The most valuable feature of Oracle Planning and Budgeting Cloud is ad hoc reporting.
DP
Mar 20, 2025
One of the most valuable features of Oracle Planning and Budgeting Cloud is the ability to have budgeting, finance, and management running in a single tool.
GK
Jan 28, 2022
The workforce, the cube database, is the most valuable feature where you do planning for your headcounts.
 

Oracle Planning and Budgeting Cloud Cons review quotes

reviewer1699905 - PeerSpot reviewer
Dec 7, 2021
Oracle Planning and Budgeting Cloud could improve by having better integration with some other modules that we would add to this solution.
reviewer1760457 - PeerSpot reviewer
Jan 13, 2022
Some of the things in this product are just too cumbersome and we don't need them and they make it harder to do certain things, or certain things have to have more specific names or descriptions.
LV
Oct 10, 2024
Oracle initially forced HFM users to migrate to FCCS, which was difficult because moving applications wasn't easy.
Learn what your peers think about Oracle Planning and Budgeting Cloud. Get advice and tips from experienced pros sharing their opinions. Updated: March 2025.
844,944 professionals have used our research since 2012.
LV
Nov 7, 2024
Oracle made a mistake by forcing HFM users to transition to FCCS before the solution was mature enough.
Prithwish Kumar Ghosh - PeerSpot reviewer
May 9, 2024
There are some issues with block creation in the memory. Sometimes, when we run a calculation and a new intersection is hit during the calculation, the memory block doesn't get created, which doesn't give the correct result.
AndyJorgensen - PeerSpot reviewer
Mar 20, 2024
The tool's interface is outdated. However, OneStream is easier to navigate.
Arthur Perkins - PeerSpot reviewer
Oct 30, 2024
OCI can predict changes in your infrastructure in advance so that customers aren't caught off guard. It would be nice if OCI could predict these changes and notify Administrators without the Administrators asking OCI to do it.
reviewer1806768 - PeerSpot reviewer
Mar 17, 2022
The FR recording studio that is used to build reports is clunky and awful to use. This could be improved a lot. The solution does have problems and limitations.
DP
Mar 20, 2025
Oracle Planning and Budgeting Cloud could improve by creating a more visual and user-friendly interface similar to the old ABC analytics.
GK
Jan 28, 2022
For HR, the workforce planning out of the box is complicated. For most users, it's not easy, and it requires a learning curve. It's not very user-friendly. It can be improved.