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Oracle Hyperion vs Planful comparison

 

Comparison Buyer's Guide

Executive SummaryUpdated on Dec 19, 2024

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 Hyperion
Ranking in Business Performance Management
3rd
Average Rating
7.8
Reviews Sentiment
6.4
Number of Reviews
58
Ranking in other categories
No ranking in other categories
Planful
Ranking in Business Performance Management
16th
Average Rating
8.0
Reviews Sentiment
6.9
Number of Reviews
2
Ranking in other categories
Financial Close Software (19th)
 

Mindshare comparison

As of June 2026, in the Business Performance Management category, the mindshare of Oracle Hyperion is 4.3%, down from 8.9% compared to the previous year. The mindshare of Planful is 3.3%, up from 2.3% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Business Performance Management Mindshare Distribution
ProductMindshare (%)
Oracle Hyperion4.3%
Planful3.3%
Other92.4%
Business Performance Management
 

Featured Reviews

AM
Divisional Head Operational & Reputational Risk at Allied Bank Limited
Facilitates timely decision making and enhances reporting efficiency
We are going to re-implement the Oracle Hyperion system due to changes in our chart of account process and some other factors. We were analyzing whether to move to a cloud system, EPM Cloud. We have already proceeded with our Oracle Hyperion re-implementation with the vendor, and it is in the approval process. All options have been evaluated. We have made comparisons between EPM Cloud and Oracle Hyperion. Oracle Hyperion is not too user-friendly. EPM Cloud has more support towards functional users who can generate reports according to their own needs. There are specific reasons why we have not moved to the cloud, such as our various processes including reconciliations. We do not prefer customization in Oracle Hyperion, but due to business needs, there may be a few minimal customizations made. The forms are a bit complex for functional users. To create and open forms is not simple. We need trained personnel, and training is essential to use it efficiently.
reviewer1110591 - PeerSpot reviewer
Financial Planning & Analysis - Finance Manager at a engineering company with 501-1,000 employees
It has helped us speed up the turnaround time on our consolidation, and we haven't had anything come up that the program has not been able to solve
The part that we liked about Excel is that it had a better interface in terms of just graphical illustration of our results. So, if we wanted to look at our financial trends and put it into some type of graphical interface for people to look at, we still have to leverage Excel for that. The dashboards aren't as usable as maybe some of the other solutions, such as Tableau or other BI tools. The application that we use today for our BI tools is Tableau. That's how people absorb information. We don't really use the functionality or dashboards within Planful because of the robustness of Tableau. That's our single source of data. If Planful was better or more comparable in terms of features and functionality, we could probably leverage that in Planful.

Quotes from Members

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

Pros

"The tool is very scalable and powerful. It helps us with financial reporting and performance reporting. It is a very good tool for consolidation and budgeting. We are dependent on it for reporting."
"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."
"The partitioning option between databases allows for users to enter data one time, versus copying data lots of times from one cube to another."
"We can collect data from various sources, which is very useful for budgeting and planning."
"One of the best features that we use in Oracle Hyperion is the data integration, as you can slice and dice data and innovate, which is something you can't do in other ERP systems, and this solution offers so many possibilities."
"We like the reporting and tracking of financials."
"Hyperion is helpful for all our budget processes."
"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."
"It has helped us speed up the turnaround time on our consolidation. We don't have to do reporting in Excel anymore, which has cut down on the errors and the efficiency of our close time."
"I believe the ROI is very high."
"Planful has probably cut our time in half, given that we can now leverage the cloud-based services to interact with our subs for getting their forecast inputs."
 

Cons

"Technical support from Oracle is very poor."
"There's something known as a data block that Hyperion generates for each and every transaction. Sometimes it does not generate and we need to identify those issues and fix them manually."
"The most important aspect for improvement is the time efficiency when handling large databases."
"Oracle EPM Cloud solutions have simplified the security model. Nevertheless, it would be better having a more differentiated security model."
"I think the user interface could be made a bit easier and user-friendly. The initial setup could be easier, and there could be more integration with more ERPs."
"In my opinion, the reporting features could be visually better, and prettier, than it is so far."
"I have not seen return on investment from using Oracle Hyperion."
"This solution's stability is a little problematic."
"The part that we liked about Excel is that it had a better interface in terms of just graphical illustration of our results."
"Some of the behind the scenes processing for the simulation engines has a learning curve to use in that there are certain changes that need to happen for the reporting to be "Live"."
"The part that we liked about Excel is that it had a better interface in terms of just graphical illustration of our results. So, if we wanted to look at our financial trends and put it into some type of graphical interface for people to look at, we still have to leverage Excel for that. The dashboards aren't as usable as maybe some of the other solutions, such as Tableau or other BI tools."
 

Pricing and Cost Advice

"The licensing cost for the on-premises version of the solution is too high."
"Oracle Hyperion is not an inexpensive solution."
"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."
"Compared with MSBA, it is quite reasonable."
"To get a full license, which gives you access to most of the different Hyperion programs, it costs $2000 to $2500 a month."
"The licenses cost approximately $1,000."
"It might be considered relatively costly compared to some alternatives."
"Right now, everything is on a three-year term contract, and that is our main cost."
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Top Industries

By visitors reading reviews
Financial Services Firm
14%
Manufacturing Company
10%
University
7%
Construction Company
6%
Computer Software Company
14%
Construction Company
11%
Financial Services Firm
9%
Manufacturing Company
7%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
By reviewers
Company SizeCount
Small Business16
Midsize Enterprise6
Large Enterprise38
No data available
 

Questions from the Community

What needs improvement with Oracle Hyperion?
We are going to re-implement the Oracle Hyperion system due to changes in our chart of account process and some other factors. We were analyzing whether to move to a cloud system, EPM Cloud. We hav...
What is your primary use case for Oracle Hyperion?
We are using Oracle Financials and Oracle Hyperion. Oracle Hyperion is used for budget and MIS reporting, while Financials is used for financial accounting, payables, receivables, and general ledge...
What advice do you have for others considering Oracle Hyperion?
We are using a centralized data repository with all system's data in data lakes. I am a functional user, not an IT person. We are satisfied with the progress, system, and features in Oracle Hyperio...
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Also Known As

Hyperion
Host Analytics
 

Overview

 

Sample Customers

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.
Tandem Diabetes Care, Reed Exhibitions, SkyGolf, Zep Inc., Thule, Stylesight, Schumacher Group, Parsons Electric, Nextag, Groupon
Find out what your peers are saying about Oracle Hyperion vs. Planful and other solutions. Updated: June 2026.
900,747 professionals have used our research since 2012.