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Oracle Hyperion pros and cons

Vendor: Oracle
3.9 out of 5
Badge Ranked 1
838 followers
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Pros & Cons summary

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Prominent pros & cons

PROS

Oracle Hyperion provides an integrated solution for Enterprise Performance Management and financial processes, ensuring seamless data consolidation, budgeting, and planning.
The platform is highly scalable, accommodating a large number of users and providing high ROI with flexible customization options.
Oracle Hyperion's valuable features include powerful data integration capabilities, enabling data collection from various sources and advanced analytical functions like aggregation.
Oracle Hyperion allows for automated budgeting and forecasting, improving efficiency compared to more traditional tools like Excel.
Oracle Hyperion is fundamentally reliable, offering excellent stability and security in managing complex financial reporting and consolidation tasks.

CONS

Oracle EPM Cloud solutions have a complex initial setup and implementation challenges.
The stability and performance of Oracle Hyperion are problematic, especially with large databases and multiple users.
The pricing model of Oracle Hyperion is inflexible and expensive compared to competitors.
Oracle technical support is inadequate, especially regarding specific technical challenges.
Integration with relational databases and third-party vendors like BigSense and SAP needs improvement.
 

Oracle Hyperion Pros review quotes

GH
Jul 29, 2022
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.
reviewer1326276 - PeerSpot reviewer
Sep 16, 2020
One can see that it's a mature product because it addresses all the requirements that you must need for financial consolidation and for budgeting and planning. It's really easy to use.
MV
Apr 30, 2024
Oracle Hyperion is an advanced analytical calculation engine that can handle aggregation.
Learn what your peers think about Oracle Hyperion. Get advice and tips from experienced pros sharing their opinions. Updated: June 2025.
860,592 professionals have used our research since 2012.
reviewer1071999 - PeerSpot reviewer
Jan 13, 2022
It's basically the same as the other budgeting solutions.
reviewer1771677 - PeerSpot reviewer
Jan 28, 2022
Stable and scalable solution with a valuable data integration feature which allows the slicing and dicing of data. It also has a workforce planning feature that allows you to bring in your HR data.
reviewer2585175 - PeerSpot reviewer
May 30, 2025
Oracle Hyperion is fundamentally a good technology and does not require significant improvements compared to other technologies because it is user-friendly and offers several advantages in financial reporting and consolidation.
reviewer1848270 - PeerSpot reviewer
Apr 27, 2022
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.
reviewer2539725 - PeerSpot reviewer
Sep 6, 2024
The tool's most valuable feature of the solution is flexibility and integration capabilities.
Jorge Flores Hernandez - PeerSpot reviewer
Jun 23, 2022
Oracle Hyperion has helped make things work faster in our company.
reviewer1784232 - PeerSpot reviewer
Feb 16, 2022
It is easy to use. It is very intuitive. Even though there is a lot of functionality that comes out of the box, you can customize the solutions to meet your needs. You have the ability to have business rules that produce all kinds of calculations. We're international, and we do all our FX conversions through that.
 

Oracle Hyperion Cons review quotes

reviewer1326276 - PeerSpot reviewer
Sep 16, 2020
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.
MV
Apr 30, 2024
The solution's reporting and dashboards need improvement.
reviewer1071999 - PeerSpot reviewer
Jan 13, 2022
I would love more comment capabilities so that you could put in little notes, cheat notes.
Learn what your peers think about Oracle Hyperion. Get advice and tips from experienced pros sharing their opinions. Updated: June 2025.
860,592 professionals have used our research since 2012.
reviewer1771677 - PeerSpot reviewer
Jan 28, 2022
The reporting feature in Oracle Hyperion isn't the best. It needs improvement.
reviewer2585175 - PeerSpot reviewer
May 30, 2025
I have not seen return on investment from using Oracle Hyperion.
reviewer1848270 - PeerSpot reviewer
Apr 27, 2022
All the planning systems out there are great. It doesn't matter which company you use. They're all great. I've seen demonstrations on a number of them, but it all boils down to the culture within the organization itself to use that functionality, understand it, and help drive it. I've had Oracle salespeople do demonstrations, and it looked really good. We get it on board, and everybody still sticks to their Excel spreadsheets because companies are a lot more complex than what you could deliver on the planning system. So, there should be more education on the capabilities, and there should be more understanding of organizations in terms of the way they access the data in order to plan.
reviewer2539725 - PeerSpot reviewer
Sep 6, 2024
Improvements are needed in the tool's performance.
Jorge Flores Hernandez - PeerSpot reviewer
Jun 23, 2022
It is challenging to do reporting on Oracle Hyperion if you're not an expert.
reviewer1784232 - PeerSpot reviewer
Feb 16, 2022
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.
DEVINDRA SINGH CHAUHAN - PeerSpot reviewer
Jun 2, 2022
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.