Microsoft Power BI vs Oracle HFM comparison

"It is low-cost and easy to deploy. It is fully-featured."

"It's quite flexible, and it's easy to create reports using this system. It is very graphic and very user friendly."

"The use of graphics to show and view the data indicators is the most valuable feature. It is also very stable."

"We like the drag and drop interactability visualization. We really like that. It's user-friendly."

"The data manipulation and data cleaning tasks are handled in the backend by Power Query in Microsoft Power BI."

"It offers a lot of information and is very flexible and interactive."

"It is in the cloud, which makes it easy for mobile access of reports and data."

"We find the solution offers good stability."

"Stability-wise, I rate the solution a ten out of ten."

"It is a very user-friendly software."

"You can bring in data from any source and from multiple sources, and you can consolidate that data in HFM."

"It is an expensive product but delivers what it promises, ensuring regulatory compliance, reducing risks associated with spreadsheets, and providing a better return on investment based on usage."

"The most valuable features are around consolidations, eliminations, conversions."

"Financial consolidation and reporting tool with good built-in features such as currency exchange and elimination."

"The tool is stable."

"The most valuable feature is the flexibility and ease of configuration in terms of testing and formula creation."

"The Microsoft BI interface should be simpler and more user-friendly. I find it very difficult to move between their data sources and their analytics section."

"There is room for improvement in terms of customization and configuration options, particularly for more advanced users."

"Adding paginated reports to this tool could be of great help for users who want to move away from SSRS."

"Its desktop tool is a little bit memory CPU intensive, and it can be improved, but the machines nowadays come with a lot of memory. For the desktop users who are using it on the desktop, we recommend that they do an upgrade. It is a minor issue. We can fix it on the desktop."

"An area for improvement is data refresh functionality"

"The solution struggles with large amounts of data."

"There is no specific area that I have a problem with. It's just that, with whatever feature you come across, every visual has its own formatting and behavior. What you get in one visual for a feature, you don't seem to get in another."

"I would like them to provide a license that just allows us to see dashboards. What I don't like about this solution is that in order to just watch a dashboard, you need a license. Currently, you need to purchase a full license of Power BI Pro just to see something, which is not attractive. If you have a license, you can see a shared dashboard, but you can also build a dashboard or you can collaborate with other people. However, if you only want to see a dashboard, there is no license for that. I only want to see the dashboard, and I don't want to do anything more than watching the information on the dashboard. There is no license that allows you to see a shared dashboard. This is one of the areas of opportunity because I would like a lot of people to be able to see a shared dashboard, not to interact with it or to collaborate online with it. I would like to see more compatibility with non-Microsoft data sources. Given the fact that everything is related to Microsoft Azure and all services available on Microsoft Azure, I see that they're building more connections to Microsoft Azure services instead of other non-Microsoft services. I understand the strategy, but it would be good to have more compatibility with non-Microsoft data sources."

"It's a difficult process to try to edit, configure, or change the business rules that exist and work within HFM."

"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."

"In terms of improvement, one challenge with Oracle HFM is the need for technical knowledge in writing SQL syntax for custom extensions."

"If there could be data integration between HFM and the accounting software that would be ideal."

"Integration is an area where it lacks and can be improved."

"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 solution has integration challenges. We need a simple tool that is fool-proof for the data that is submitted not only for consolidation purposes but also for performance management and reporting purposes."

"The intercompany reporting function in this tool needs improvement, particularly being able to run reports in batches, rather than one at a time."

"Its price is very low. It is like $10 per user, per month. The clients pay for their own licenses. It is not on us. There are no costs in addition to the standard licensing fees. That's the beauty. With other systems, you need to spend a couple of thousand dollars just to get started, and then you need to spend $500 per year for the license, which becomes much more costly. You have a system here where for $120 to $140 a year, you can start with two people and start developing and deploying. You can see why the cost difference is huge, especially when you are on a low scale, like us, and you're not building something very huge."

"The solution’s pricing is reasonable."

"All in all, for the price, this is an excellent tool for helping your organization turn mounds of data into useful insights."

"I used the tool's free version."

"The pricing for the solution is relatively higher compared to other alternatives."

"The solution is priced well for what they offer. However, the premium version is very expensive."

"The solution's costs are quite reasonable given the range of features provided."

"The current licensing model that Microsoft BI has is expensive. My customers have told me the cost is approximately $20 per user and this can get expensive fast. There should be a one-time purchase option if the customer has a lot of users."

"Oracle Hyperion Financial Management (HFM) uses the named user licensing model. There's different pricing depending on HFM and Essbase planning."