The real-time reporting capabilities are very good. The integrations in Oracle are more open than in SAP. If you have nice AI software, Oracle is more open than SAP in integrating it into its systems. The tool is more open to AI. I rate the tool an eight out of ten.
I mostly use an Oracle Hyperion Essbase product, and the latest version I worked on is 11.2.11. Oracle Hyperion has operating and capital expense module features that will be helpful in budgeting. Any organization can use the solution's planning module to plan its budget for the next six months or one year based on current data and upcoming trends. Overall, I rate the solution a five out of ten.
The platform's data integration is indeed powerful. We can collect data from various sources, which is very useful for budgeting and planning. The impact on financial processes is significant. It dramatically reduces the time required. Without such solutions, financial consolidation or closure may take around ten days. However, with Oracle Hyperion, for instance, there are real use cases where customers can close their month or quarter within a maximum of five days. One of the main challenges has been related to the requirements we receive from customers. Some of the features and functionalities they require are not available in the cloud version of Oracle Hyperion. Besides recommending the product itself, it's crucial to emphasize the importance of aligning with a reputable consulting company with experience in multiple projects. I rate the product an eight out of ten.
I would rate this solution as eight out of ten. I would recommend it to new users. I know of many companies that want to use Hyperion in their accounting departments.
We have hundreds of users of this solution in the company, and we have two environments. In terms of maintenance in our data center, we have three people in charge of the infrastructure and seven functional actors that deal with formulas or cubes. I would like to see features from Oracle Essbase 21c on Oracle Hyperion in the next release. Oracle Essbase 21c is web-based and helpful in managing all the cubes. However, my role is more admin-focused, so I can't speak about the technical maintenance on Oracle Essbase 21c. I would rate this solution an eight out of ten.
BI Analytics and Systems at a manufacturing company with 1,001-5,000 employees
Real User
2022-01-28T18:19:05Z
Jan 28, 2022
At the start, we deployed Oracle Hyperion on-premises, then we moved it to the Cloud. It's now deployed 100% on cloud. We are using its latest version. What I'd like to tell others thinking about implementing Oracle Hyperion is that it's a very sophisticated tool, if used correctly. We've gone through a few mergers and doing the mergers, e.g. people coming from other companies merging with our company, they had experience with other tools. Not every company has Oracle Hyperion, and there were people from the other companies who were skeptics in the beginning as they had never used Oracle Hyperion. When those people started using Oracle Hyperion, with the solution being something that needs a little time to get used to, e.g. you need to have a good understanding of how the hierarchy and the dimensions, etc. work, specifically for somebody who had not used it, or somebody who wasn't a power user, after the initial learning stage and after using it for a month, those people changed their minds about Oracle Hyperion. They said it was a better solution compared to what they used before the merger. I'm rating Oracle Hyperion a nine out of ten. It's not a perfect score because it's a complicated tool which requires users to have knowledge on databases. I'm giving it a high score as it is great for reporting and slicing and dicing of data where you can do a lot of calculations, allocations, and all kinds of things which you can't do in an ERP or any other tool. It would depend on how you use Oracle Hyperion. If you're not using it as much, then you won't be able to compare it with other solutions that are out in the market.
Hyperion Suite Manager at a construction company with 10,001+ employees
Real User
2022-01-27T16:28:23Z
Jan 27, 2022
I would recommend this solution to others. There are some enhancements that can be done, but it's fairly stable and it's easy to use. I rate Oracle Hyperion an eight out of ten.
FVP Business Unit Financial Officer - Commercial Banking at a financial services firm with 501-1,000 employees
Real User
2022-01-13T00:16:00Z
Jan 13, 2022
I'm just an end-user going into Hyperion. We've just upgraded to the cloud. I'm the one that's going in and importing all the data into Hyperion. I'm not sure which version of the solution we're using. There are many on the market that do the same thing. Oracle has name recognition going for it, however. Personally, I would look at another product I used to use, however, that's just my preference. Many, many years ago, in my last job, I actually had Oracle. We didn't have Hyperion though and everything was sun setting on that. It was my job to go out and go find a solution. We brought Oracle in and Hyperion was a suite of products within the Oracle umbrella. I was looking for a one-stop-shop type of product. If someone's looking for that, this might fit those needs. I'd rate the solution at a seven out of ten. We're not fully utilizing the product. That said, from what I've seen, what I use, and what I can generate from the product, it's decent.
Hyperion - Financial System Analyst at a venture capital & private equity firm with 10,001+ employees
Real User
2021-12-30T09:05:00Z
Dec 30, 2021
If the group is large enough, then I would recommend going ahead with this solution. It's a very good tool for reporting and consolidation. I would rate Oracle Hyperion an eight out of ten.
Assistant Production Manager at a manufacturing company with 10,001+ employees
Real User
2021-12-30T09:05:00Z
Dec 30, 2021
I recommend that you pursue cloud initiatives. EPCS and PBCS are now migrating to the cloud. I work for an Oracle company, and I have the highest rating for this Oracle Hyperion EPM. I would rate Oracle Hyperion a ten out of ten.
Oracle Specialist at a government with 5,001-10,000 employees
Real User
2021-12-28T19:49:00Z
Dec 28, 2021
As of now, the Oracle Hyperion product is out of support, so I would not recommend it to anyone. Anybody that has it will not be supported by Oracle. For anybody who is still planning to implement this product, my advice is to consider their needs during the initial implementation phase. The one that we were using was designed to fit our needs and anybody who plans to use this product should identify what forms and screens they will need. That is configurable at the beginning. I would rate this solution a seven out of ten.
senior system integrator at a retailer with 10,001+ employees
Real User
2021-12-27T19:13:00Z
Dec 27, 2021
I rate Oracle Hyperion five out of 10. The process of fixing bugs is very slow, and there's no transparency. When I tell Oracle about a bug, they acknowledge the request, but customers have no way of knowing about the progress they're making. Customers should get an update about this.
Senior Hyperion Consultant at a computer software company with 1,001-5,000 employees
Real User
2021-11-04T15:43:00Z
Nov 4, 2021
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.
Do not underestimate the importance of testing in your project plan. The rule of time is to use the same amount of testing time that you would use on development. That is not always possible in the project plan because customers will come with a timeline and you have to squeeze where you can, and most of the time you actually sacrifice testing. So try and fight for more testing time, even if it extends the timeline. It is probably one of the top CPM products out there at the moment. I believe OneStream is making some headway. I think Oracle Hyperion has a challenge from OneStream at the moment, but Oracle Hyperion's still one of the top products out there. I would rate OracleHyperion a nine out of ten.
Data Engineering Manager (Big Data & Analytics) at NCR Corporation
Real User
2022-06-02T07:59:00Z
Jun 2, 2022
We will continue using the solution for now but we will definitely implement a different solution in the future. I rate this solution a seven out of ten. I'm the subject matter expert of the finance team, so in finance, we have a vice president who is actually head of the finance dataset. He reports directly to the CEO and is a big fan of Hyperion. He uses it for planning and forecasting each month, with a team of 14 or 15 core members, all of whom use Hyperion. We also have a sales team and they use the Hyperion datasets for product discounting, based on the previous months track record of customers, they give discounts to the customers.
Director, Financial Systems at a retailer with 10,001+ employees
Real User
2022-04-27T08:20:00Z
Apr 27, 2022
If you read their game plan, they're pushing everybody to the cloud. We're not on the cloud application yet. We're on an older version that's being retired. I would rate it a nine out of ten.
Manager, Hyperion Applications at a manufacturing company with 5,001-10,000 employees
Real User
2022-02-16T14:51:13Z
Feb 16, 2022
For working with the mapping, the scripting, and the integration tool, it's good to have a consulting group that has done this before to work with you. The other side of it is that it is multidimensional. So, if your organization has never had this kind of environment or doesn't think along a multidimensional paradigm, then you should have a consulting group help you lay out what you're going to use the dimensions and the application for. Some are fixed. You have the months, the time periods, the years, and the currency, but there are also custom dimensions that you can use for various things. That affects how your data is produced and how you do your reporting. I'd rate it a 10 out of 10. It is world-class software.
Manager Business System at a non-tech company with 1,001-5,000 employees
Real User
2022-01-05T07:32:45Z
Jan 5, 2022
We are customers and end-users. I'm not sure which version of the solution we're using. It's the latest version. About six months back, they upgraded to the latest version. If any company would like to implement this product they should first have the internal resources with the skill sets ready to be developed for this product. Overall, I would rate the solution at an eight out of ten. It does have some small flaws here and there.
Principal EPM Consultant at a consultancy with 11-50 employees
Consultant
2022-01-05T07:28:34Z
Jan 5, 2022
My advice for anybody who is implementing this product is to first clarify what it is that they want to do. What they gain from the product as an EPM differs from vendor to vendor. Each of them has pros and cons. Before deciding on any product, one needs to decide what they value and what they are expecting. I would rate this solution an eight out of ten.
I rate Oracle Hyperion eight out of 10. My advice to prospective Hyperion users is to focus on your business requirements. You need to consider what your business is looking for and how you will perform the planning and budgeting process. You also need to think about your data, including what level of data you're storing, the size, the frequency, and the architecture. We still need to learn many things about the cloud part. Every APM is moving into the cloud now. There are other aspects, like integration services, ODA, etc. We are facing many challenges in development and support. We are all still learning the Oracle products, and they're coming out with new features annually.
I would rate Oracle Hyperion a 9 out of 10. It's not perfect, but it's good. It's probably the best on the market. My number-one advice is that you probably shouldn't do the on-premise. Go to where the future is—which is the cloud—unless there are very specific reasons because all the development and all the new features are coming out on the cloud first.
I would rate the Hyperion Business Intelligence platform eight out of 10. However, I would not recommend this product to a new user. When we started with the Brio platform, which has passed several stages of ownership, this product was a highly rated product. That's why Oracle acquired it. The global user base was huge and we were doing business with this product. But after Oracle bought this product and it was abandoned, in a manner of speaking. They do not support it. They do not update the product. Although my opinion as a long-time user is generally positive, I would not recommend this product to a new user. Nowadays, there are other products that are better supported and updated by companies that have either bought them or developed them.
Manager at a tech services company with 501-1,000 employees
Real User
2020-09-16T08:18:28Z
Sep 16, 2020
We don't have a business relationship with Oracle. I'm not actually an end-user, however, I have been involved in providing the software and installing it and implementation projects and so on. I've got customers that are using these products and I've been involved with various aspects of these products. The Oracle Hyperion products also differ slightly. The cloud products differ from on-premise products. While our on-premise version is 11, we're also using the latest cloud. I'm not sure of that version as it's constantly getting updated. The solution is at end-of-life and Oracle may only maintain the product until 2030 before moving everyone onto a new solution on the cloud. It's my understanding the new solution will be called Oracle Financial Consolidation and Close. As the solution is to be discontinued, we'd most likely recommend another Oracle product. We'd likely recommend Oracle FCCS. Overall, I'd rate the solution eight out of ten.
The real-time reporting capabilities are very good. The integrations in Oracle are more open than in SAP. If you have nice AI software, Oracle is more open than SAP in integrating it into its systems. The tool is more open to AI. I rate the tool an eight out of ten.
I mostly use an Oracle Hyperion Essbase product, and the latest version I worked on is 11.2.11. Oracle Hyperion has operating and capital expense module features that will be helpful in budgeting. Any organization can use the solution's planning module to plan its budget for the next six months or one year based on current data and upcoming trends. Overall, I rate the solution a five out of ten.
The platform's data integration is indeed powerful. We can collect data from various sources, which is very useful for budgeting and planning. The impact on financial processes is significant. It dramatically reduces the time required. Without such solutions, financial consolidation or closure may take around ten days. However, with Oracle Hyperion, for instance, there are real use cases where customers can close their month or quarter within a maximum of five days. One of the main challenges has been related to the requirements we receive from customers. Some of the features and functionalities they require are not available in the cloud version of Oracle Hyperion. Besides recommending the product itself, it's crucial to emphasize the importance of aligning with a reputable consulting company with experience in multiple projects. I rate the product an eight out of ten.
I rate the product an eight out of ten. Based on my experience and market surveys, it is the best choice.
I wouldn't suggest others use it since it is too complex to implement. I rate the overall solution a six out of ten.
I would rate this solution as eight out of ten. I would recommend it to new users. I know of many companies that want to use Hyperion in their accounting departments.
We have hundreds of users of this solution in the company, and we have two environments. In terms of maintenance in our data center, we have three people in charge of the infrastructure and seven functional actors that deal with formulas or cubes. I would like to see features from Oracle Essbase 21c on Oracle Hyperion in the next release. Oracle Essbase 21c is web-based and helpful in managing all the cubes. However, my role is more admin-focused, so I can't speak about the technical maintenance on Oracle Essbase 21c. I would rate this solution an eight out of ten.
At the start, we deployed Oracle Hyperion on-premises, then we moved it to the Cloud. It's now deployed 100% on cloud. We are using its latest version. What I'd like to tell others thinking about implementing Oracle Hyperion is that it's a very sophisticated tool, if used correctly. We've gone through a few mergers and doing the mergers, e.g. people coming from other companies merging with our company, they had experience with other tools. Not every company has Oracle Hyperion, and there were people from the other companies who were skeptics in the beginning as they had never used Oracle Hyperion. When those people started using Oracle Hyperion, with the solution being something that needs a little time to get used to, e.g. you need to have a good understanding of how the hierarchy and the dimensions, etc. work, specifically for somebody who had not used it, or somebody who wasn't a power user, after the initial learning stage and after using it for a month, those people changed their minds about Oracle Hyperion. They said it was a better solution compared to what they used before the merger. I'm rating Oracle Hyperion a nine out of ten. It's not a perfect score because it's a complicated tool which requires users to have knowledge on databases. I'm giving it a high score as it is great for reporting and slicing and dicing of data where you can do a lot of calculations, allocations, and all kinds of things which you can't do in an ERP or any other tool. It would depend on how you use Oracle Hyperion. If you're not using it as much, then you won't be able to compare it with other solutions that are out in the market.
I would recommend this solution to others. There are some enhancements that can be done, but it's fairly stable and it's easy to use. I rate Oracle Hyperion an eight out of ten.
I would advise others to use a cloud solution if there is one available. I rate Oracle Hyperion a seven out of ten,
I'm just an end-user going into Hyperion. We've just upgraded to the cloud. I'm the one that's going in and importing all the data into Hyperion. I'm not sure which version of the solution we're using. There are many on the market that do the same thing. Oracle has name recognition going for it, however. Personally, I would look at another product I used to use, however, that's just my preference. Many, many years ago, in my last job, I actually had Oracle. We didn't have Hyperion though and everything was sun setting on that. It was my job to go out and go find a solution. We brought Oracle in and Hyperion was a suite of products within the Oracle umbrella. I was looking for a one-stop-shop type of product. If someone's looking for that, this might fit those needs. I'd rate the solution at a seven out of ten. We're not fully utilizing the product. That said, from what I've seen, what I use, and what I can generate from the product, it's decent.
I would rate this solution an eight out of ten.
If the group is large enough, then I would recommend going ahead with this solution. It's a very good tool for reporting and consolidation. I would rate Oracle Hyperion an eight out of ten.
I recommend that you pursue cloud initiatives. EPCS and PBCS are now migrating to the cloud. I work for an Oracle company, and I have the highest rating for this Oracle Hyperion EPM. I would rate Oracle Hyperion a ten out of ten.
As of now, the Oracle Hyperion product is out of support, so I would not recommend it to anyone. Anybody that has it will not be supported by Oracle. For anybody who is still planning to implement this product, my advice is to consider their needs during the initial implementation phase. The one that we were using was designed to fit our needs and anybody who plans to use this product should identify what forms and screens they will need. That is configurable at the beginning. I would rate this solution a seven out of ten.
I rate Oracle Hyperion five out of 10. The process of fixing bugs is very slow, and there's no transparency. When I tell Oracle about a bug, they acknowledge the request, but customers have no way of knowing about the progress they're making. Customers should get an update about this.
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.
Do not underestimate the importance of testing in your project plan. The rule of time is to use the same amount of testing time that you would use on development. That is not always possible in the project plan because customers will come with a timeline and you have to squeeze where you can, and most of the time you actually sacrifice testing. So try and fight for more testing time, even if it extends the timeline. It is probably one of the top CPM products out there at the moment. I believe OneStream is making some headway. I think Oracle Hyperion has a challenge from OneStream at the moment, but Oracle Hyperion's still one of the top products out there. I would rate OracleHyperion a nine out of ten.
I rate Oracle Hyperion nine out of 10.
We will continue using the solution for now but we will definitely implement a different solution in the future. I rate this solution a seven out of ten. I'm the subject matter expert of the finance team, so in finance, we have a vice president who is actually head of the finance dataset. He reports directly to the CEO and is a big fan of Hyperion. He uses it for planning and forecasting each month, with a team of 14 or 15 core members, all of whom use Hyperion. We also have a sales team and they use the Hyperion datasets for product discounting, based on the previous months track record of customers, they give discounts to the customers.
If you read their game plan, they're pushing everybody to the cloud. We're not on the cloud application yet. We're on an older version that's being retired. I would rate it a nine out of ten.
For working with the mapping, the scripting, and the integration tool, it's good to have a consulting group that has done this before to work with you. The other side of it is that it is multidimensional. So, if your organization has never had this kind of environment or doesn't think along a multidimensional paradigm, then you should have a consulting group help you lay out what you're going to use the dimensions and the application for. Some are fixed. You have the months, the time periods, the years, and the currency, but there are also custom dimensions that you can use for various things. That affects how your data is produced and how you do your reporting. I'd rate it a 10 out of 10. It is world-class software.
I rate Oracle Hyperion nine out of 10 because I very much like it.
I rate Oracle Hyperion an eight out of ten. We are satisfied with this solution and I would recommend Oracle to others.
We are customers and end-users. I'm not sure which version of the solution we're using. It's the latest version. About six months back, they upgraded to the latest version. If any company would like to implement this product they should first have the internal resources with the skill sets ready to be developed for this product. Overall, I would rate the solution at an eight out of ten. It does have some small flaws here and there.
My advice for anybody who is implementing this product is to first clarify what it is that they want to do. What they gain from the product as an EPM differs from vendor to vendor. Each of them has pros and cons. Before deciding on any product, one needs to decide what they value and what they are expecting. I would rate this solution an eight out of ten.
I rate Oracle Hyperion eight out of 10. My advice to prospective Hyperion users is to focus on your business requirements. You need to consider what your business is looking for and how you will perform the planning and budgeting process. You also need to think about your data, including what level of data you're storing, the size, the frequency, and the architecture. We still need to learn many things about the cloud part. Every APM is moving into the cloud now. There are other aspects, like integration services, ODA, etc. We are facing many challenges in development and support. We are all still learning the Oracle products, and they're coming out with new features annually.
I would recommend this solution to others who are considering it. I would rate Oracle Hyperion a six out of ten.
I do not have any specific advice for others who are considering implementing this tool. I rate Oracle Hyperion as a nine out of ten.
I would rate Oracle Hyperion a 9 out of 10. It's not perfect, but it's good. It's probably the best on the market. My number-one advice is that you probably shouldn't do the on-premise. Go to where the future is—which is the cloud—unless there are very specific reasons because all the development and all the new features are coming out on the cloud first.
I would rate the Hyperion Business Intelligence platform eight out of 10. However, I would not recommend this product to a new user. When we started with the Brio platform, which has passed several stages of ownership, this product was a highly rated product. That's why Oracle acquired it. The global user base was huge and we were doing business with this product. But after Oracle bought this product and it was abandoned, in a manner of speaking. They do not support it. They do not update the product. Although my opinion as a long-time user is generally positive, I would not recommend this product to a new user. Nowadays, there are other products that are better supported and updated by companies that have either bought them or developed them.
We don't have a business relationship with Oracle. I'm not actually an end-user, however, I have been involved in providing the software and installing it and implementation projects and so on. I've got customers that are using these products and I've been involved with various aspects of these products. The Oracle Hyperion products also differ slightly. The cloud products differ from on-premise products. While our on-premise version is 11, we're also using the latest cloud. I'm not sure of that version as it's constantly getting updated. The solution is at end-of-life and Oracle may only maintain the product until 2030 before moving everyone onto a new solution on the cloud. It's my understanding the new solution will be called Oracle Financial Consolidation and Close. As the solution is to be discontinued, we'd most likely recommend another Oracle product. We'd likely recommend Oracle FCCS. Overall, I'd rate the solution eight out of ten.
I have worked for more than seven years with Oracle EPM and Hyperion.