Microsoft Power BI vs Oracle HFM comparison

"Easy to use. End-users can make changes to the graphics."

"In contrast to what we were using before I think that Power BI has given us more extensive results."

"It allows individuals to do the analysis themselves​."

"Premium features that used to cost $5,000 per company per month recently became a lot more accessible. Microsoft recently implemented a per user feature in Power BI Premium; it's $20 per month."

"There is a feature in Microsoft BI that allows JSON data to SQL on the dashboards effectively and quickly."

"Ease of development and maintenance."

"It works well with SSAS, which we use to generate all different kinds of trending and analytics reports. Sometimes we use Power Query and DAX to build some aggregations on the Power BI side as well."

"The product is stable."

"It is a very user-friendly software."

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

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

"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."

"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."

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

"Oracle HFM is excellent for consolidation and reconciliation; it helps me see the general overview of the business across several locations."

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

"It has limited performance capabilities in terms of connecting to large transactional databases, but it is fine for simple and quick queries from Excel spreadsheets or one table. The premium level is going to be more applicable for the higher transaction-level databases."

"I believe the price should be degressive, and we should have a lower, or better unit price if we have more users."

"It has come a long way in terms of how it was working two years ago, but there are some things that you still can't do with it. For example, permission management and user access management are still a bit limited. It is basically based on the idea that everybody from the organization can see everything or limit the type of data they can see. If I want you to see only one report and the other guy to see another report, I can't do it. There should be a better way to manage permissions and users. It should also support external users much better."

"Its price could be better. Its licensing cost is very high."

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

"When I create measures, sometimes the error messages aren't clear. It makes me spend more time searching for solutions. I need the error messages to be more specific. So, I would like clearer error messages when creating measures."

"The initial setup is a little bit technical."

"Automation could be improved and performance enhanced."

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

"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 my first experience with Oracle HFM, navigating to input numbers was cumbersome."

"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."

"In my first experience with Oracle HFM, navigating to input numbers was cumbersome."

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

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

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

"Both cost-wise and implementation-wise, this product is a good choice."

"All of the licenses are on an annual basis, but Microsoft will amortize it to an extent. If it's five years, they'll include the possible interest they might have the following year. Ideally, their licensing scheme is an annual license, but they make it easier for some of our clients to take a five-year license but package everything inside for them to buy the license for five years."

"The solution is less expensive than other PowerBI tools, which is why most people go with it, although it does cost more than MSBI tools."

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

"I am satisfied with its price. Its price is very less as compared to Tableau and QlikView."

"Power BI is subscription-based, and you have three options. The Pro edition, which is the standard one, is about $9 per user. The Premium edition, which provides AI and cloud capabilities but at a limited size, is for small to medium enterprises. It is about $20 per user. For large enterprises, such as manufacturing facilities, there is an option for the capacity. The capacity subscription is about $4,000 per capacity level. They also have an option for the on-premises version, but it is not common to see someone going for the on-premises version. The on-premises version requires a specific license that is attached to SQL Server. I believe it is about $17,000, but I'm not sure about it."

"I'm not very familiar with the licensing aspect, as it operates in the cloud as a SaaS (Software as a Service) model. Essentially, you pay based on cloud cost models, which might include hourly rates or similar billing structures introduced by Microsoft. Many organizations utilize it and pay for its services, somewhat like Office 365. It's a cloud-based platform that provides the necessary services, including support, for development, and you pay accordingly for the usage."

"The price of the solution can be expensive if you want to synchronize your data more."

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