Microsoft Power BI vs Oracle HFM comparison

"Its connectivity with other Office applications, mostly with Excel, and the ability to deploy it very easily are the most valuable features. It comes sort of bundled with the cloud, so you don't need to set up a server and a standalone infrastructure. So, getting into the system or building something that you can deploy is very easy and very cheap. With other systems, you need to have a server, and you need to have a license for the server. The initial setup is very costly."

"Many of my customers already use Microsoft products like Office 365, so I often propose Microsoft Power BI because it integrates well with all the standard Microsoft business tools. And it's the quickest tool to implement and start using daily."

"Microsoft BI allows us to connect to any database or any dataset."

"What's most valuable in this tool is that it gives its users detailed error messages. It's a very stable data analytics tool, and it offers good scalability."

"Constant collaboration is the most valuable. I can build a dashboard, and several co-workers can access this dashboard. We can share information that is important for decision-making. It is a very easy-to-deploy solution. It is compatible with a lot of data sources. It is also very stable and scalable. There is also a very good forum and a lot of help and online training."

"Its connection to every database: Whatever and wherever it is."

"Real-time refresh is quite interesting and user-friendly, provided you have access to a gateway. It works well."

"Power BI pricing is generally considered more affordable than Tableau."

"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."

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

"The tool is stable."

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

"It is a very user-friendly software."

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

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

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

"These licenses are in US dollars. With a long-term license, the client is unaffected when the exchange rate goes up. However, if the exchange rate goes down, you don't get refunded from the excess money you've paid. I guess that is a risk you take in business."

"I believe Power BI could improve by making data tables and databases easier to handle, especially for non-programmers who may not be familiar with languages like Python. Simplifying these aspects would enhance the usability and accessibility of Power BI for a broader range of users."

"I would like to see the product offer more graphics to impact different audiences."

"The significant drawback I notice is that Microsoft's size makes it hard to get specific change requests addressed unless they involve a bug."

"Integration with products that are not Microsoft could be more improved."

"Not having to login again after a mobile app upgrade. A simple login on mobile would be great."

"I am taking a course to be able to use the solution better. Some aspects of the solution are not straightforward."

"The maps in Power BI could be improved. You deal with many maps over the years, like maps of America and Saudi Arabia. The maps aren't detailed enough, and there aren't enough visualization tools. Whenever I want to use a map, I struggle with choosing the right visualization."

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

"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."

"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 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."

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

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

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

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

"The cost of licensing depends on the number of people that are going to be using the reports, and we are satisfied with it at $10 per user."

"Globally, we evaluated a number of products, including Salesforce's product, Microsoft won on the ground of simple functionally and cost."

"Pricing is a big advantage that Power BI has over Tableau. Power BI is three or four times cheaper than Tableau. For my personal use, I will definitely prefer a $20 monthly fee of Power BI rather than a $70 monthly fee of Tableau. If you pay altogether for Power BI, they give you a discount, whereas, with Tableau, there is no discount. There are three versions of Power BI: Free, Pro, and Premium. The Premium version comes with a lot of things. There is no extra or hidden fee. You pay every month, and the software is with you. If you upgrade, there will be some extra charges."

"The solution’s pricing is reasonable."

"Microsoft BI is not expensive. Compared to the price of other BI products, the price is very fair."

"I believe that the price is reasonable, at least for an enterprise solution."

"I would advise that Microsoft BI products are rightly priced and the licensing is easy to follow and to fulfill."

"It is free."

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