We have labor queues and workforce planning as well as our complete budget and focus for different business areas in the company. It is adding so much value.
Senior Essbase/Planning Developer at a tech services company with 10,001+ employees
We enjoy the stability. If the data is there, users are able to find it.
What is most valuable?
What needs improvement?
It could be more friendly with Excel. We have big forms with a few thousand rows and columns, which can sometimes cause performance issues. Users sometimes complain when they find that it can take up to a minute to open a big file. That’s the only issue.
For how long have I used the solution?
We have been using SPS and Planning for ten years.
What do I think about the stability of the solution?
It is really stable. We have a really big environment with a lot of people working on infrastructure and development, and in the last three years, we haven’t had any time when the system was completely down and a user was not able to access an application. We really enjoy the stability of the system. If the data is there, users are able to find it.
Buyer's Guide
Oracle Planning and Budgeting Cloud
November 2024
Learn what your peers think about Oracle Planning and Budgeting Cloud. Get advice and tips from experienced pros sharing their opinions. Updated: November 2024.
816,406 professionals have used our research since 2012.
What do I think about the scalability of the solution?
It is very scalable.
How are customer service and support?
They are really good. Oracle is really aggressive in solving issues.
How was the initial setup?
We have a government plan, so we don’t completely blindly upgrade the system. We need infrastructure for patching and we have to wait to get approval from the client. If we have issues we talk to tech support.
Which other solutions did I evaluate?
I have used ASP as well, and Hyperion is much more stable. It also has better features, especially for budget forecast. I think it's a great product.
What other advice do I have?
This is the best product I have ever used in my life and I would rate it a ten out of ten.
Disclosure: I am a real user, and this review is based on my own experience and opinions.
Oracle Techno Sales consultant at a tech services company with 201-500 employees
It's easy to create, manage, and export your work
Pros and Cons
- "Once you do the budget in Oracle ERP, you can upload it, but it's easier to create and manage budgets in the Oracle budgeting tool itself. For example, if you have a shortfall in the budget, it's easier to manage that and the forms, too, especially if you also have Oracle Forms Management. You can get the forms from somewhere and then transform those forms into budget heads."
What is our primary use case?
I've used Oracle Panning and Budgeting on-prem and in the cloud. The parliament has actually considered this for budgeting. I suggested they use Oracle Budgeting Cloud. It's a very unique solution.
How has it helped my organization?
Once you do the budget in Oracle ERP, you can upload it, but it's easier to create and manage budgets in the Oracle budgeting tool itself. For example, if you have a shortfall in the budget, it's easier to manage that and the forms, too, especially if you also have Oracle Forms Management. You can get the forms from somewhere and then transform those forms into budget heads.
One mistake in the budget, then you are done for, especially if you're doing project management and you don't do the proper budgeting. If your project manager does not forecast the budget correctly for the coming year, it will be a disaster.
What other advice do I have?
I rate Oracle Budgeting and Planning Cloud 11 out of 10. I recommend it. It's a nice and robust tool.
Which deployment model are you using for this solution?
Hybrid Cloud
Disclosure: My company has a business relationship with this vendor other than being a customer: Integrator
Buyer's Guide
Oracle Planning and Budgeting Cloud
November 2024
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816,406 professionals have used our research since 2012.
CEO at PROMATIS Group
We've moved from a centralized to a decentralized planning approach, with the possibility of putting planning responsibility on middle management.
What is most valuable?
We find it valuable that all the features are combined into one system.
How has it helped my organization?
We've been able to move from a centralized planning approach to a decentralized planning approach, with the possibility of putting planning responsibility on the shoulders of the middle management.
What needs improvement?
It would be nice to have better performance. However there are substantial improvements during the past months.
For how long have I used the solution?
We've used it for half a year.
What was my experience with deployment of the solution?
No issues encountered.
What do I think about the stability of the solution?
There are rarely problems.
What do I think about the scalability of the solution?
No issues encountered.
How are customer service and technical support?
It's OK.
Which solution did I use previously and why did I switch?
We switched from Excel to enable a collaborative planning approach.
How was the initial setup?
It is easy to use.
What about the implementation team?
We did it in-house.
What was our ROI?
We expect it to take two and a half years.
What's my experience with pricing, setup cost, and licensing?
No other options were evaluated.
What other advice do I have?
Think thoroughly the future planning process before implementing the product.
Disclosure: My company has a business relationship with this vendor other than being a customer: Oracle Platinum Partner
Techincal Data Architect at a insurance company with 1,001-5,000 employees
We're happy with it from a standardized input perspective. We're not happy with how you get information out of the system.
Valuable Features
From a standardized input perspective, we’re very happy with it.
Room for Improvement
We are not that happy with how you get information out of the system. I wish we could delete years out of the Planning cube so that we didn't have to keep growing. Also, we would like to see the ability to build dimensions more dynamically.
Use of Solution
It's been operational for 6 years.
Stability Issues
Planning takes some hand holding since processes have not been automated. Updating dimensions is more manual, so if we could automate that, it would be great.
Scalability Issues
Since we can’t delete years out of the Planning cube, the growth is eventually going to create a performance issue.
Customer Service and Technical Support
Support from Oracle depends on who you get on the phone. There is one person that I work with on a regular basis, and she does a wonderful job. If we need an update, she will go ask the development what's going on. If they're not moving, she gives them a push. Typically when we talk to people overseas, though, they just let the issue sit. In my opinion, we should bring support back to the states.
Initial Setup
Upgrades and patching are a pain in the butt. There are just too many pieces that have to be implemented in the right sequence.
Other Advice
I would give Planning a seven out of ten. We have used other Planning applications, and this one is the best. However, it’s not quite the level I need.
Disclosure: I am a real user, and this review is based on my own experience and opinions.
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Updated: November 2024
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