Microsoft Power BI vs Oracle HFM comparison

"We've used Microsoft BI for the general use cases around reporting and dashboarding."

"The product is intuitive and user-friendly."

"Good CS and administration."

"Most of the clients I am interacting with are looking towards Power BI because of the cost and simplicities. It provides an entire feature set and a complete solution. It has tight integration with Office 365, Dynamics 365, Microsoft Technology Stack, and datatypes like R and Python."

"Key features are its dashboard functionality and ease of integration with various data sources."

"Being able to transfer data with the Power Query feature is great for teaching with about one to two hundred rows of data. I am also able to see the relationship between multiple tables and create various sheets and dashboards."

"The visualization and reporting are the most valuable features of this solution."

"The most valuable feature of Microsoft Power BI is the user experience."

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

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

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

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

"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."

"It is a very user-friendly software."

"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."

"Microsoft has got a very large repository of all change suggestions which have been raised by the BI community. They keep on adding features that are very widely sought after by the community. We don't focus on product features. We focus on business requirements. To use the solution, we find that existing features are good enough and offer us a very effective solution."

"It is too slow. I hope in future it will be a comparable big data tool, such as, for example, Data Lake."

"It was easy to implement Microsoft Power BI into our existing infrastructure, but integrating it with Oracle Cloud was very difficult. The integration with Oracle Cloud required us to build a sophisticated database replication process because the APIs for Oracle Cloud are very restricted in terms of volume, depth, and complexity of queries. However, the part of implementing Power BI into our infrastructure was very easy. It required almost no tech input because it was all part of Office 365. To overcome the integration issues, we developed an extract and update process, although it was quite complicated and involved a lot of IP. Power BI excels in integrations and its ability to handle various data sources. It would be beneficial if it could integrate more seamlessly with cloud interfaces like Oracle Cloud, although I understand the challenges with Oracle's policies on database access. Another area for improvement would be enhancing error messaging, especially when working with Dataverse and M Code for automation."

"The Power Query feature needs to be improved to handle large amounts of data. This feature is also slow for large data transfers making it better to use some kind of script."

"The dashboard could be simplified."

"My main complaint is that the error messages need to be made more clear. Currently, they are either too generic or outright misleading, and finding the real problem is like searching for a needle in a haystack."

"From an improvement perspective, I think if the Power BI developers of that platform would really focus on being more detailed and specific on the error messages, it would help a lot of developers troubleshoot and maintain the report ECT or the dashboard ECT."

"I think that the solution is harder to use for people who are not experts in data."

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

"Oracle HFM could be improved or enhanced in handling metadata or the dimensionality."

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

"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."

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

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

"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."

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

"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."

"In general, Microsoft BI's price is lower compared to Alteryx."

"Its pricing is great."

"Price is the best feature of Power BI! You get a lot of value for the price. If you know how to use it, it's a great BI solution for your money."

"Power BI is cost-effective compared to other reporting tools."

"I have never worked on licensing, but I have heard that it is reasonable."

"I think it's a good price, from what I've heard. I know it's competitive with other Power BI tools."

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