The trade-off between centralized apps like OneStream and the customizable flexibility of Oracle is important. Oracle should be the choice if ease of maintenance and widespread knowledgeability are priorities. I'd rate the solution nine out of ten.
Easily adapted models are beneficial, particularly if workforce resources are widespread. For OneStream, extensive customization can sometimes lead to performance issues if not implemented properly. Oracle’s model flexibility is a major advantage. I'd rate the solution nine out of ten.
If someone wants to use it for the first time, they need to know the basics of Essbase. Planning has a UI that interacts with Essbase in the backend. The UI is easy; there are videos available over the internet that will help anyone learn Planning easily, but the main concept lies in the Essbase part. As a developer, knowing Essbase is important. Understanding the business processes, how the company works, is important. This will help the user set up or help the customer with their solution easily. I would definitely recommend using this tool. Any big-sized company whose finance department requires an analytical engine like this. It gives you an end-to-end solution from integrating data from the source system to reporting. So it's a highly recommended tool. Overall, I would rate it a nine out of ten.
Every company is unique, with different growth strategies and trajectories. Some companies focus on acquisitions to grow rapidly, while others prefer organic growth, expanding into new markets gradually. It depends on the company's specific growth goals and how they plan to achieve them. For example, a company aiming to grow from $100 million to $1 billion in revenue in two years will require different strategies than one aiming to increase from $100 million to $200 million in the next year. I rate the product a nine out of ten.
Learn what your peers think about Oracle Planning and Budgeting Cloud. Get advice and tips from experienced pros sharing their opinions. Updated: December 2024.
Functional Hyperion Administrator at a non-profit with 10,001+ employees
Real User
2022-03-17T18:23:24Z
Mar 17, 2022
My advice to others would be for them to hire consultants, but for day-to-day operations, such as use and maintenance, anyone can be trained on it. Don't assume you need to buy the skillset, I came in knowing nothing about the solution and now I know everything about it. I haven't had any formal administrator training. I rate Oracle Planning and Budgeting Cloud an eight out of ten.
Regional Systems Manager (CIO) at a retailer with 5,001-10,000 employees
Real User
2021-12-07T17:30:20Z
Dec 7, 2021
We're were amazed at the ease Oracle Planning and Budgeting Cloud was to implement and how good the design was. The integration with other Oracle products is very good. We highly recommend using this solution as a cloud product. I rate Oracle Planning and Budgeting Cloud an eight out of ten. There is always a chance to improve a product.
EPM/BI certified Consultant, Oracle ACE and TeraCorp Consulting CEO at TeraCorp Consulting
Consultant
Top 20
2017-03-01T10:41:00Z
Mar 1, 2017
Because Oracle products are development frameworks, your final results are as good as the people who implemented them. Make sure that your implementation team is the best it could be, at least for the first implementation. If something is implemented incorrectly at the start, it'll cost you a lot more to fix than to build a new system from scratch. Sometimes it can be so badly designed that it is impossible to fix. I've been working on implementation for 20 years and I have seen bad implementations everywhere. In fact, I have seen the same tools implemented in the same team by two different people, with one being a success and the other a failure. In the same company, one department says that the tool does not work for them and another says that the tool is the best. The only difference was the implementer. Make sure you get a good team to implement it. The tool has its flaws but most of time (99%), it is the implementer's fault that you have a bad or slow model.
Oracle Planning and Budgeting Cloud Service enables organizations of all sizes to drive accurate, connected plans across your business and be prepared for what's next. Navigate uncertainty with scenario modeling. Leverage built-in best practices and predictive intelligence across finance, line of business, and operations.Planning, Budgeting, and Forecasting
· Create decision-oriented plans: Make better decisions by creating goal-oriented, driver-based plans. Get immediate...
The trade-off between centralized apps like OneStream and the customizable flexibility of Oracle is important. Oracle should be the choice if ease of maintenance and widespread knowledgeability are priorities. I'd rate the solution nine out of ten.
Easily adapted models are beneficial, particularly if workforce resources are widespread. For OneStream, extensive customization can sometimes lead to performance issues if not implemented properly. Oracle’s model flexibility is a major advantage. I'd rate the solution nine out of ten.
If someone wants to use it for the first time, they need to know the basics of Essbase. Planning has a UI that interacts with Essbase in the backend. The UI is easy; there are videos available over the internet that will help anyone learn Planning easily, but the main concept lies in the Essbase part. As a developer, knowing Essbase is important. Understanding the business processes, how the company works, is important. This will help the user set up or help the customer with their solution easily. I would definitely recommend using this tool. Any big-sized company whose finance department requires an analytical engine like this. It gives you an end-to-end solution from integrating data from the source system to reporting. So it's a highly recommended tool. Overall, I would rate it a nine out of ten.
Every company is unique, with different growth strategies and trajectories. Some companies focus on acquisitions to grow rapidly, while others prefer organic growth, expanding into new markets gradually. It depends on the company's specific growth goals and how they plan to achieve them. For example, a company aiming to grow from $100 million to $1 billion in revenue in two years will require different strategies than one aiming to increase from $100 million to $200 million in the next year. I rate the product a nine out of ten.
Overall, I would rate Oracle Planning and Budgeting Cloud as an eight out of ten. I would definitely recommend it to others.
I would recommend this solution to others. I rate Oracle Planning and Budgeting Cloud ten out of ten.
My advice to others would be for them to hire consultants, but for day-to-day operations, such as use and maintenance, anyone can be trained on it. Don't assume you need to buy the skillset, I came in knowing nothing about the solution and now I know everything about it. I haven't had any formal administrator training. I rate Oracle Planning and Budgeting Cloud an eight out of ten.
I would rate this solution 8 out of 10.
I rate Oracle Planning and Budgeting Cloud an eight out of ten.
I rate Oracle Budgeting and Planning Cloud 11 out of 10. I recommend it. It's a nice and robust tool.
We're were amazed at the ease Oracle Planning and Budgeting Cloud was to implement and how good the design was. The integration with other Oracle products is very good. We highly recommend using this solution as a cloud product. I rate Oracle Planning and Budgeting Cloud an eight out of ten. There is always a chance to improve a product.
Because Oracle products are development frameworks, your final results are as good as the people who implemented them. Make sure that your implementation team is the best it could be, at least for the first implementation. If something is implemented incorrectly at the start, it'll cost you a lot more to fix than to build a new system from scratch. Sometimes it can be so badly designed that it is impossible to fix. I've been working on implementation for 20 years and I have seen bad implementations everywhere. In fact, I have seen the same tools implemented in the same team by two different people, with one being a success and the other a failure. In the same company, one department says that the tool does not work for them and another says that the tool is the best. The only difference was the implementer. Make sure you get a good team to implement it. The tool has its flaws but most of time (99%), it is the implementer's fault that you have a bad or slow model.