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Hubble vs Oracle HFM comparison

 

Comparison Buyer's Guide

Executive SummaryUpdated on Dec 19, 2024

Review summaries and opinions

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:
 

Categories and Ranking

Hubble
Ranking in Business Performance Management
23rd
Average Rating
8.4
Reviews Sentiment
6.7
Number of Reviews
5
Ranking in other categories
Financial Performance and Strategy Management (7th), Data Visualization (29th), Financial Close Software (20th)
Oracle HFM
Ranking in Business Performance Management
7th
Average Rating
8.0
Reviews Sentiment
6.3
Number of Reviews
17
Ranking in other categories
No ranking in other categories
 

Mindshare comparison

As of March 2026, in the Business Performance Management category, the mindshare of Hubble is 2.2%, up from 0.3% compared to the previous year. The mindshare of Oracle HFM is 4.0%, down from 8.8% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Business Performance Management Mindshare Distribution
ProductMindshare (%)
Oracle HFM4.0%
Hubble2.2%
Other93.8%
Business Performance Management
 

Featured Reviews

PG
Financial / IT Director at a manufacturing company with 501-1,000 employees
Excellent for budgeting and forecasting, but long-term it will no longer be developed or supported
The fact that in a few years' time it is no longer going to be supported is a big concern. Therefore, I would advise against Hubble. Additionally, I think we underestimated the time for deployment, we thought it would be a few months and it took much longer than expected because the consultants didn't understand our process in detail before committing to the process. On a scale of one to ten, I would give Hubble a seven.
Segun Oladele - PeerSpot reviewer
Associate Manager, Accounting at BIC
Has supported financial consolidation through accurate reporting and global currency conversion
Oracle HFM is excellent for consolidation and reconciliation. It helps me see the general overview of the business across several locations. The drill-through reporting enhances accuracy in financial analysis. Oracle HFM has a schedule that requires reporting, especially one that ties back to my general ledger. I have to report each line item that comprises that number. It helps me fact-check reported numbers with a schedule. For example, with payables, Oracle HFM allows me to have a list of numbers reported per supplier. This provides comfort that the numbers are not fictitious. Additionally, it has a feature that performs fact-checking from P&L to balance sheet. For instance, if depreciation is reported, it must align with what is in the profit or loss account. These features ensure integrity in the reported numbers and allow for quick error detection while serving as a reconciliation tool. The currency conversion feature provides a global view from entity currency to local currency perspective, enabling value checks in different currencies for the company as a whole. In Nigeria, I report in Naira, and I don't need to report in my parent currency. The entity can report in their currency into Oracle HFM, and the parent company converts to their currency. By inputting budget rates, I can convert to any reporting currency, particularly the parent company currency. This feature saves time, increases speed, and allows the parent company to value its subsidiaries quickly. Regarding data integration capabilities for ensuring data consistency and accuracy, it deserves a high rating. For example, with inventory, if there is an impairment, the reported amount in P&L should match the balance sheet's inventory impairment. This level of checking provides confidence in the accuracy of reported figures.

Quotes from Members

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:
 

Pros

"Hubble will truly blow you away once you get to know the product and the people behind it."
"Reporting was dramatically improved."
"We have saved hours of Excel work producing the same results, which Hubble gives in minutes."
"Being able to create calculations, hierarchies, aging buckets, etc. has reduced the Excel reports we used to have."
"The most valuable features are both its budgeting and forecasting."
"The most valuable feature is the flexibility and ease of configuration in terms of testing and formula creation."
"It has really increased efficiency."
"Time saving during accounting closing periods."
"The tool is stable."
"Oracle HFM's drill-through reporting has enhanced my customers' financial analysis significantly, allowing users to drill down to the base level in each of the dimensions and even further using Smart View for very granular level of general ledger cost centers, making the whole process more effective for their targets and deadlines."
"HFM is a very successful consolidation tool in the market since it provides an excellent and easy to use interface and the technology behind is very powerful which helps the business to perform the consolidation activities end to end."
"Oracle HFM is excellent for consolidation and reconciliation; it helps me see the general overview of the business across several locations."
"The versatile data is probably the most valuable feature, since you can access it through the web interface or through Microsoft Office based solutions like Excel, Excel Smart View, PowerPoint and Word."
 

Cons

"We have been advised by the owners that the budgeting tool is no longer going to be supported with future development, so my recommendation would be for them to continue to invest in development. Otherwise, at some point we will have to migrate to another technology."
"The only thing I may add is that it can get a little pricey when you add annual maintenance."
"Exporting to Excel takes a lot of time when broken into sheets/files."
"When exporting to Excel, it is values only."
"The module is not very appealing to technical users (not a lot of code, simple screen, etc.) but the process is a huge lifesaver for the accountants in the organization."
"In my first experience with Oracle HFM, navigating to input numbers was cumbersome."
"Format of tables Links between pages could be more efficient"
"There have been some stable cases, but not all of them are."
"It's a difficult process to try to edit, configure, or change the business rules that exist and work within HFM."
"Improvements can be made by possibly different interfaces to modernize it, more automation in scripting, and better integration with third-party solutions and reporting capabilities."
"The financial reporting tool hasn’t improved much since it was first implemented, and we are struggling with it."
"The complexity is okay. I don't see it as super complex. The solution could have more functionality to make it a little bit more flexible."
 

Pricing and Cost Advice

Information not available
"Oracle Hyperion Financial Management (HFM) uses the named user licensing model. There's different pricing depending on HFM and Essbase planning."
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Top Industries

By visitors reading reviews
Media Company
13%
Financial Services Firm
10%
Manufacturing Company
10%
Construction Company
6%
Manufacturing Company
13%
Financial Services Firm
11%
University
6%
Computer Software Company
6%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
No data available
By reviewers
Company SizeCount
Small Business3
Midsize Enterprise2
Large Enterprise11
 

Questions from the Community

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What is your experience regarding pricing and costs for Oracle HFM?
It depends on the discount offered by Oracle. It is an expensive product but delivers what it promises, ensuring regulatory compliance, reducing risks associated with spreadsheets, and providing a ...
What needs improvement with Oracle HFM?
Oracle HFM could be improved or enhanced in handling metadata or the dimensionality. I currently handle updates in the dimension hierarchies and properties manually. There is a way for it to be cen...
What is your primary use case for Oracle HFM?
The usual use cases for Oracle HFM that I support are for financial institutions, crewing for ships, and an Australian airlines company. They use the application mainly for management reporting pur...
 

Comparisons

 

Also Known As

No data available
HFM
 

Overview

 

Sample Customers

Dole, Ghiradelli, Ninetendo, Avon, Hallmark, Treasury Wine Estates, Kitchener-Wilmot Hydro, City of Prince George, Weingarten Realty Investors, Coloplast A/S, Western Forest Products Inc, The Deltic Group Ltd, Financial Times, Johnson & Johnson, Mitsubishi, National Geographic Maps
B&B Hotels, Goldwind, Drake & Scull
Find out what your peers are saying about Hubble vs. Oracle HFM and other solutions. Updated: March 2026.
884,873 professionals have used our research since 2012.