Oracle HFM vs Oracle Hyperion comparison

Oracle HFM and Oracle Hyperion are both solutions in the Business Performance Management category. Oracle HFM is ranked #7 with an average rating of 8.3, while Oracle Hyperion is ranked #2 with an average rating of 7.1. Oracle HFM holds a 8.6% mindshare in BPM, compared to Oracle Hyperion’s 11.1% mindshare. Additionally, 100% of Oracle HFM users are willing to recommend the solution, compared to 86% of Oracle Hyperion users who would recommend it.

Oracle HFM

Read 15 Oracle HFM reviews

1,666 Views
1,165 Comparison Views

100% willing to recommend

Oracle Hyperion

Read 56 Oracle Hyperion reviews

2,475 Views
1,614 Comparison Views

86% willing to recommend

Oracle HFM

Oracle Hyperion

Comparison Buyer's Guide

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Executive SummaryUpdated on Dec 19, 2024

Oracle HFM and Oracle Hyperion compete in the domain of financial management and enterprise performance. Despite favorable pricing and support for Oracle HFM, Oracle Hyperion is generally preferred for its extensive feature set and perceived value.

Features: Oracle HFM provides strong consolidation and reporting capabilities, ensuring financial management accuracy and compliance, while handling multi-currency translations, complex ownership calculations, and inter-company eliminations. Oracle Hyperion offers advanced analytics and planning, enhancing forecasting and financial strategy alignment, with comprehensive integration with other Oracle solutions.

Room for Improvement: Oracle HFM could enhance its cloud deployment options, user experience, and integration with broader enterprise systems. Oracle Hyperion users indicate a need for more intuitive user interfaces, faster processing speeds during high demand periods, and simplified data migration tools.

Ease of Deployment and Customer Service: Oracle Hyperion is notable for its flexible deployment options across cloud, on-premise, and hybrid models, complemented by extensive customer service. Oracle HFM operates primarily in an on-premise model with standard support, but it lacks the deployment adaptability of Oracle Hyperion.

Pricing and ROI: Oracle HFM is appealing due to its lower initial setup costs, suitable for organizations with immediate consolidation needs. Oracle Hyperion, despite a higher upfront cost, promises greater ROI over time with its extensive features and integration capabilities that significantly enhance financial outcomes.

To learn more, read our detailed Oracle HFM vs. Oracle Hyperion Report (Updated: March 2025).

Buyer's Guide

Oracle HFM vs. Oracle Hyperion

March 2025

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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

Oracle HFM

Ranking in Business Performance Management

7th

Average Rating

8.2

Reviews Sentiment

7.0

Number of Reviews

Ranking in other categories

No ranking in other categories

Oracle Hyperion

Ranking in Business Performance Management

2nd

Average Rating

7.8

Reviews Sentiment

6.5

Number of Reviews

Ranking in other categories

No ranking in other categories

Mindshare comparison

As of April 2025, in the Business Performance Management category, the mindshare of Oracle HFM is 8.6%, down from 9.2% compared to the previous year. The mindshare of Oracle Hyperion is 11.1%, down from 13.5% compared to the previous year. It is calculated based on PeerSpot user engagement data.

Business Performance Management

Featured Reviews

AhmedHaridy

Managing Director at Emkan

Offers flexibility and ease of configuration

The initial setup of Oracle HFM is generally straightforward and not overly complex. The deployment time for Oracle HFM varies with the resources, but it usually takes around three to eight months, with an average of three to four months. The deployment process for Oracle HFM involves several key steps. It begins with the installation of Oracle software, followed by gathering requirements and relevant documents. These documents help define the report formats and service needs. Next, the team configures the system, starting with the enterprise structure, which needs to align with the ERP system. Data loading and configuration follow, with Oracle HFM typically requiring more resources compared to other systems like SuccessFactors.

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Pranit Chhajed

Consultant at Infosys

Automation of financial processes streamlines operations but pricing needs improvement

Our clients mostly use Hyperion for their financial requirements, including budgeting, forecasting, and planning The feature that allows automation of the budgeting and forecasting process is extremely valuable, especially when compared to Excel. The workflow management of planning and the…

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Quotes from Members

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

Pros

"It is a very user-friendly software."

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

"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."

"The tool is stable."

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

"The tool's most valuable feature of the solution is flexibility and integration capabilities."

"Functionality-wise, it is what they say it is. It is the best in class, but it all ties back to your users. If your users are completely enamored with Excel spreadsheets, then breaking those habits is hard."

"This solution provides a more structured methodology for doing analysis than a tool like Excel. It creates a central database that keeps all information in one place."

"The implementation has been simplified now that it's deployed in the cloud. Also, Hyperion is tightly integrated with Oracle products because Oracle owns it now."

"Smart View is a really useful tool because we can have a good API with HFM."

"We like the reporting and tracking of financials."

"We can integrate with any system and pull data from SAP or SQL Server. We can also design our own role files to establish how we pull the file data and store it in our database."

"The roll-up potential of the product is very good, meaning we have detailed information and we want it to be summarized, based on geography, based on different product lines, or based on different charts of accounts in the general ledger. It rolls up the information in a very concise way. This makes it easy to understand the overall performance, for it's forecasting aspects, or quarterly reporting, year to year, or month to month reporting."

More Oracle Hyperion pros

Cons

"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."

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

"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."

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

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

"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."

"It is challenging to do reporting on Oracle Hyperion if you're not an expert."

"I would like to see more integrations with third-party vendors such as BigSense and SAP. I'm looking forward to seeing more interface-related content."

"Their documentation could be a little bit more descriptive at places. They don't really do a lot of How-Tos because that gets pushed through to the consulting groups. There have been some books. There is a real good one out there about how to look smarter than you are with Hyperion Planning that some people at a company called ArganoInterRel wrote. Those things do exist, but that's not in their documentation. It's basically like they'll say, "This is the field. This is what it's used for," but they don't tell you how to particularly use it in your case environment."

"The user interface is in need of improvement. The forms should be more user-friendly."

"Pricing is a significant concern. After moving to PBCS and EPBCS, the per-user license fees can be reduced, particularly for bulk users."

"The pricing model could be more flexible as it's more expensive than its competitors."

"The solution is about to cease to exist, so it doesn't really matter if they add anything to it. It's at end-of-life."

"Configuration is a little complex, it's not very easy. The solution is integrated with Essbase and there are not many users of the Essbase database. If they can provide different modules for each subject area, like supply chain, for inventory forecasting or for order management forecasting, it would make each subject area easier to manage."

More Oracle Hyperion cons

Pricing and Cost Advice

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

"The licensing cost for the on-premises version of the solution is too high."

"It might be considered relatively costly compared to some alternatives."

"To get a full license, which gives you access to most of the different Hyperion programs, it costs $2000 to $2500 a month."

"Oracle Hyperion's licensing structures are quite expensive for some companies, especially medium-sized companies because of the user-based license."

"The solution is affordable."

"The licenses cost approximately $1,000."

"As Oracle's pricing is on the higher end, most businesses prefer to have their own private cloud."

"Compared with MSBA, it is quite reasonable."

More Oracle Hyperion pricing and cost advice

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Top Industries

By visitors reading reviews

Financial Services Firm

11%

Computer Software Company

11%

Manufacturing Company

11%

Retailer

Financial Services Firm

12%

Computer Software Company

12%

Manufacturing Company

10%

University

Company Size

By reviewers

Large Enterprise

Midsize Enterprise

Small Business

Questions from the Community

What do you like most about Oracle HFM?

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

See all answers

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 ...

See all answers

What needs improvement with Oracle 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.

See all answers

What do you like most about Oracle Hyperion?

We can collect data from various sources, which is very useful for budgeting and planning.

See all answers

What needs improvement with Oracle Hyperion?

The pricing model could be more flexible as it's more expensive than its competitors. The technical support response time could improve as they often ask for the same logs repeatedly.

See all answers

What is your primary use case for Oracle Hyperion?

Our clients mostly use Hyperion for their financial requirements, including budgeting, forecasting, and planning.

See all answers

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Compared 10% of the time

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Compared 8% of the time

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Compared 5% of the time

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Product Reports

Buyer's Guide

Oracle HFM

March 2025

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Buyer's Guide

Oracle Hyperion

March 2025

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Also Known As

HFM

Hyperion

Overview

Oracle Hyperion Financial Management is a financial consolidation and reporting application built with advanced Web technology. It provides financial managers the ability to rapidly consolidate and report financial results, meet global regulatory requirements, reduce the cost of compliance and deliver confidence in the numbers.

Oracle

Oracle Business Analytics Suite.

Oracle

Sample Customers

B&B Hotels, Goldwind, Drake & Scull

ITNL, Aditya Birla Nuvo Ltd., Zaklady Farmaceutyczne Polpharma S.A., Daelim Industrial Co. Ltd., Barco N.V., SITA, McGregor Fashion Group B.V., PCCW Ltd.

Buyer's Guide

Oracle HFM vs. Oracle Hyperion

March 2025

Free Report: Oracle HFM vs. Oracle Hyperion

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