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Oracle Planning and Budgeting Cloud pros and cons

Vendor: Oracle
4.2 out of 5
Badge Leader

Pros & Cons summary

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Prominent pros & cons

PROS

Oracle Planning and Budgeting Cloud provides extensive data integration capabilities.
It offers end-to-end solutions from data integration to reporting, making it highly recommended.
Oracle Planning and Budgeting Cloud automates planning processes in real-time.
The tool saves significant time in creating reports for stakeholders and shareholders.
It offers excellent customization and flexibility, suitable for various business sizes.

CONS

Oracle Planning and Budgeting Cloud could improve integration with additional modules and eliminate cumbersome features that complicate operations.
Forms in Oracle Planning and Budgeting Cloud are sometimes slow to save and calculate, impacting efficiency.
Workforce planning for HR is complicated and has a steep learning curve, requiring improvements for better user-friendliness.
Middleware should be included to ensure seamless integration, avoiding extra purchases for users.
Business rules and processing times within forms need optimization to enhance execution speed and effectiveness.
 

Oracle Planning and Budgeting Cloud Pros review quotes

reviewer1699905 - PeerSpot reviewer
Regional Systems Manager (CIO) at a retailer with 5,001-10,000 employees
Dec 7, 2021
We previously used Oracle EDS, and when comparing it to this solution, this solution has a much better interface. There are lots of advantages of the new solutions. Having it on the cloud, we are able to forget about keeping them updated or taking care of the database. We have minimal maintenance.
reviewer1760457 - PeerSpot reviewer
Hyperion Lead and Reporting Manager at a energy/utilities company with 201-500 employees
Jan 13, 2022
The product has a direct plugin to Microsoft Excel.
MG
Hyperion Suite Manager at a construction company with 10,001+ employees
Jan 27, 2022
Beneficial analysis and easy to do management adjustments.
Learn what your peers think about Oracle Planning and Budgeting Cloud. Get advice and tips from experienced pros sharing their opinions. Updated: January 2026.
881,082 professionals have used our research since 2012.
GK
BI Analytics and Systems at a manufacturing company with 1,001-5,000 employees
Jan 28, 2022
The workforce, the cube database, is the most valuable feature where you do planning for your headcounts.
reviewer1806768 - PeerSpot reviewer
Functional Hyperion Administrator at a non-profit with 10,001+ employees
Mar 17, 2022
The most valuable feature of Oracle Planning and Budgeting Cloud is ad hoc reporting.
SH
General Manager IT at Chase Up
Feb 20, 2023
The most valuable features of Oracle Planning and Budgeting Cloud are the many capabilities it provides.
Julia Lupidii - PeerSpot reviewer
Senior EPM Consultant at Solution BI France
Sep 28, 2023
The most valuable feature is the data integration in Oracle Planning and Budgeting Cloud.
AndyJorgensen - PeerSpot reviewer
Chief Revenue Officer at a computer software company with 51-200 employees
Mar 20, 2024
The tool improves the organizational budgeting process in several ways. One significant aspect is the extensionable functionality it offers. To illustrate, consider a scenario where a company has factories in Mexico producing Volkswagen and Kentucky producing Ford.
Prithwish Kumar Ghosh - PeerSpot reviewer
Manager at Capgemini
May 9, 2024
It gives you an end-to-end solution from integrating data from the source system to reporting. So it's a highly recommended tool.
LV
Consultant at a healthcare company with 201-500 employees
Oct 10, 2024
The customization level is excellent.
 

Oracle Planning and Budgeting Cloud Cons review quotes

reviewer1699905 - PeerSpot reviewer
Regional Systems Manager (CIO) at a retailer with 5,001-10,000 employees
Dec 7, 2021
Oracle Planning and Budgeting Cloud could improve by having better integration with some other modules that we would add to this solution.
reviewer1760457 - PeerSpot reviewer
Hyperion Lead and Reporting Manager at a energy/utilities company with 201-500 employees
Jan 13, 2022
Some of the things in this product are just too cumbersome and we don't need them and they make it harder to do certain things, or certain things have to have more specific names or descriptions.
MG
Hyperion Suite Manager at a construction company with 10,001+ employees
Jan 27, 2022
Oracle Planning and Budgeting Cloud could improve. There are times when the forms are slow in saving and calculating.
Learn what your peers think about Oracle Planning and Budgeting Cloud. Get advice and tips from experienced pros sharing their opinions. Updated: January 2026.
881,082 professionals have used our research since 2012.
GK
BI Analytics and Systems at a manufacturing company with 1,001-5,000 employees
Jan 28, 2022
For HR, the workforce planning out of the box is complicated. For most users, it's not easy, and it requires a learning curve. It's not very user-friendly. It can be improved.
reviewer1806768 - PeerSpot reviewer
Functional Hyperion Administrator at a non-profit with 10,001+ employees
Mar 17, 2022
The FR recording studio that is used to build reports is clunky and awful to use. This could be improved a lot. The solution does have problems and limitations.
SH
General Manager IT at Chase Up
Feb 20, 2023
There is middleware that we need to purchase for our use case that should be provided in Oracle Planning and Budgeting Cloud. We should not have to purchase the additional solution and the integration should be seamless.
Julia Lupidii - PeerSpot reviewer
Senior EPM Consultant at Solution BI France
Sep 28, 2023
One potential improvement would be a more visual workflow, as the current method using a tax list is not as effective.
AndyJorgensen - PeerSpot reviewer
Chief Revenue Officer at a computer software company with 51-200 employees
Mar 20, 2024
The tool's interface is outdated. However, OneStream is easier to navigate.
Prithwish Kumar Ghosh - PeerSpot reviewer
Manager at Capgemini
May 9, 2024
There are some issues with block creation in the memory. Sometimes, when we run a calculation and a new intersection is hit during the calculation, the memory block doesn't get created, which doesn't give the correct result.
LV
Consultant at a healthcare company with 201-500 employees
Oct 10, 2024
Oracle initially forced HFM users to migrate to FCCS, which was difficult because moving applications wasn't easy.