Anaplan vs. Oracle Hyperion

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Anaplan
Score 8.6 out of 10
Enterprise companies (1,001+ employees)
Anaplan is a transformative way to see, plan, and run your business. Using its proprietary Hyperblock™ technology, Anaplan lets you contextualize real-time performance, and forecast future outcomes for faster, confident decisions. Anaplan enables connected strategy and planning across your enterprise to move your business forward. Based in San Francisco, Anaplan has over 200 partners and more than 2,000 customers worldwide.N/A
Oracle Hyperion
Score 7.0 out of 10
N/A
Oracle's Corporate Performance Management suite was acquired from Hyperion in 2007. Hyperion customers are encouraged to migrate to Oracle Fusion Cloud EPM.N/A
Pricing
AnaplanOracle Hyperion
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
AnaplanOracle Hyperion
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
YesNo
Entry-level Setup FeeOptionalNo setup fee
Additional Details
More Pricing Information
Community Pulse
AnaplanOracle Hyperion
Considered Both Products
Anaplan
Chose Anaplan
I've previously used Hyperion in the past and it's not nearly as robust or flexible as a calculation engine. Anplan allows for a lot more flexibility than previous softwares. It's a great middle ground between having a super rigid system and the ultra flexibility (but at times, …
Chose Anaplan
Anaplan is much more user-friendly to architect than Hyperion or TM1/Planning Analytics. By outsourcing cloud storage to Anaplan, much of the headache of maintaining internal servers is removed. The calculation speed and traceability of Anaplan's calculation modules are also …
Chose Anaplan
Oracle Hyperion is also very powerful but requires much more technical skillset than Anaplan. Deploying Anaplan had a lower barrier to entry and the consistent platform releases meant the product was continuously growing. Being on the cloud also meant we would get updates as …
Chose Anaplan
My first experience of an EPM system was Hyperion on-premise. I found that you needed a lot of database understanding and a coding mind. Whereas Anaplan is more logical, you can write formulas in a similar way to excel. Anaplan is also much more flexible and forgiving of any …
Chose Anaplan
Anaplan is more efficient to implement in terms of the waterfall approach of delivering the MVP in the first release and then accordingly working towards the appropriate user feedback/suggestions/enhancements in corresponding sprint planning phases. Hyperion is a pretty large …
Chose Anaplan
Anaplan is what I would consider a modeling platform. It excels at taking a forecasting or planning process and systematizing it - and allowing for whatever nuances and granularity you need to perform that modeling. It is not positioned as "data collection" platform - which …
Chose Anaplan

  • Better end user interface
Chose Anaplan
Anaplan is a way more efficient solution that SAP BW. Performance of Anaplan beats SAP definitely and people prefer to use Anaplan more than SAP. It's much easier to adopt Anaplan which is easy than SAP which needs some experience before using it efficiently. Generally Anaplan …
Chose Anaplan
Anaplan is much more customizable and better suited to End user interaction. Also, it provides far more customizable reporting capabilities within the tool. Also, Anaplan is much more suited to implementation of different use cases where Hyperion is limited to some select few …
Chose Anaplan
Anaplan is more flexible and can adapt to any business scenario.
It is very cost effective compared to other platforms in the market.
Time to implement a solution is very short depending on use case.
Chose Anaplan
Anaplan has obvious advantages over Excel and is a favorite in financial planning. Another important selection criterion was the SaaS format with quick startup and self-support/development of the system without the involvement of IT (No-Code philosophy). The minimal license …
Chose Anaplan
A successful implementation is not always related to the tool, but also related to the quality of the implementation taking into account the limitations, particularities, or the way of working of the tool and using the best-practices related to that tool.

I think Anaplan can …
Chose Anaplan
Lots more support on the community, easier to understand, loads of online training provided, more flexible, looks more modern and up to date with loads of new features being added every year
Chose Anaplan
Easier to learn with good trainings and certifications available in Anaplan Academy ,easier to upgrade with frequent releases coming up, lot of support available on community.
Chose Anaplan
Anaplan provided more flexibility with the dashboarding and user interface. We also felt that with time we could learn how to manage the application ourselves and maintain the model/changes in the future. Anaplan has many training modules to enable the business to take-over …
Chose Anaplan
Anaplan combines the best of both worlds, the flexibility, ease of use, and freedom of modeling of a spreadsheet and the control, calculation power, and reliability of the best planning, budgeting, and consolidation software vendors.
Chose Anaplan
I used other competitors, and I think, overall, Anaplan is a much better solution. It's younger and not a result of older generation solutions that have been adapted over the years and that are much more difficult to learn and customise.
Chose Anaplan
Anaplan's UX and calculation engine tend to perform better. Regarding the UX, Anaplan's is very customizable and end-user-friendly. Some of the other solutions' UX looks very dated. Regarding the calculation engine, when an input is made in Anaplan it will calculate real-time …
Chose Anaplan
Oracle Enterprise Performance Management solutions are high on coding and their response time is on a higher end. Also, they have a fixed structure, which renders them unsuitable for some of the requirements.
Chose Anaplan

Other platforms offer some scale vs Anaplan by adding great user interfaces and many out of the box functionality (Time filtering, versions, predefined tables (modeled sheet), chart of accounts (debit, credit)). However, very structured architecture makes edge use cases harder …

Chose Anaplan
Anaplan requires less IT support and its calculation engine is far more powerful. Anaplan is also less expensive when total cost of ownership is considered. We also liked that you're able to use Anaplan for a variety of business planning functions rather than having a bespoke …
Chose Anaplan
Anaplan was selected because of it's web-based portal and the ability for our team to manage the tool with little reliance on our IT group.
Oracle Hyperion

No answer on this topic

Top Pros
Top Cons
Features
AnaplanOracle Hyperion
BI Standard Reporting
Comparison of BI Standard Reporting features of Product A and Product B
Anaplan
7.7
181 Ratings
5% below category average
Oracle Hyperion
-
Ratings
Pixel Perfect reports6.41 Ratings00 Ratings
Customizable dashboards9.1181 Ratings00 Ratings
Ad-hoc Reporting
Comparison of Ad-hoc Reporting features of Product A and Product B
Anaplan
9.1
2 Ratings
9% above category average
Oracle Hyperion
-
Ratings
Drill-down analysis9.12 Ratings00 Ratings
Formatting capabilities9.12 Ratings00 Ratings
Report sharing and collaboration9.12 Ratings00 Ratings
Report Output and Scheduling
Comparison of Report Output and Scheduling features of Product A and Product B
Anaplan
8.8
188 Ratings
7% above category average
Oracle Hyperion
-
Ratings
Publish to Web9.11 Ratings00 Ratings
Publish to PDF8.8187 Ratings00 Ratings
Report Versioning9.1162 Ratings00 Ratings
Report Delivery Scheduling8.33 Ratings00 Ratings
Data Discovery and Visualization
Comparison of Data Discovery and Visualization features of Product A and Product B
Anaplan
8.2
2 Ratings
7% above category average
Oracle Hyperion
-
Ratings
Pre-built visualization formats (heatmaps, scatter plots etc.)9.12 Ratings00 Ratings
Location Analytics / Geographic Visualization9.12 Ratings00 Ratings
Predictive Analytics6.42 Ratings00 Ratings
Access Control and Security
Comparison of Access Control and Security features of Product A and Product B
Anaplan
9.2
191 Ratings
5% above category average
Oracle Hyperion
-
Ratings
Multi-User Support (named login)9.12 Ratings00 Ratings
Role-Based Security Model9.4191 Ratings00 Ratings
Multiple Access Permission Levels (Create, Read, Delete)9.12 Ratings00 Ratings
Report-Level Access Control9.444 Ratings00 Ratings
Single Sign-On (SSO)9.12 Ratings00 Ratings
Mobile Capabilities
Comparison of Mobile Capabilities features of Product A and Product B
Anaplan
7.9
181 Ratings
1% below category average
Oracle Hyperion
-
Ratings
Responsive Design for Web Access8.6172 Ratings00 Ratings
Mobile Application8.2161 Ratings00 Ratings
Dashboard / Report / Visualization Interactivity on Mobile8.2168 Ratings00 Ratings
Budgeting, Planning, and Forecasting
Comparison of Budgeting, Planning, and Forecasting features of Product A and Product B
Anaplan
9.1
293 Ratings
9% above category average
Oracle Hyperion
10.0
22 Ratings
7% above category average
Long-term financial planning9.4267 Ratings10.017 Ratings
Financial budgeting9.6272 Ratings10.020 Ratings
Forecasting9.2281 Ratings10.021 Ratings
Scenario modeling9.1283 Ratings10.016 Ratings
Management reporting8.3282 Ratings10.021 Ratings
Consolidation and Close
Comparison of Consolidation and Close features of Product A and Product B
Anaplan
7.2
248 Ratings
12% below category average
Oracle Hyperion
-
Ratings
Financial data consolidation8.6228 Ratings00 Ratings
Journal entries and reports7.0186 Ratings00 Ratings
Multi-currency management6.211 Ratings00 Ratings
Intercompany Eliminations6.08 Ratings00 Ratings
Minority Ownership6.07 Ratings00 Ratings
Local and consolidated reporting8.5215 Ratings00 Ratings
Detailed Audit Trails8.1228 Ratings00 Ratings
Financial Reporting and Compliance
Comparison of Financial Reporting and Compliance features of Product A and Product B
Anaplan
8.6
265 Ratings
4% above category average
Oracle Hyperion
-
Ratings
Financial Statement Reporting8.7244 Ratings00 Ratings
Management Reporting8.4256 Ratings00 Ratings
Excel-based Reporting8.1235 Ratings00 Ratings
Automated board and financial reporting9.013 Ratings00 Ratings
Analytics and Reporting
Comparison of Analytics and Reporting features of Product A and Product B
Anaplan
9.0
284 Ratings
11% above category average
Oracle Hyperion
8.2
20 Ratings
0% above category average
Personalized dashboards8.6279 Ratings8.018 Ratings
Color-coded scorecards8.7263 Ratings7.115 Ratings
KPIs9.119 Ratings9.917 Ratings
Cost and profitability analysis9.2241 Ratings9.917 Ratings
Key Performance Indicator setting9.4252 Ratings8.015 Ratings
Benchmarking with external data9.113 Ratings6.013 Ratings
Integration
Comparison of Integration features of Product A and Product B
Anaplan
8.8
290 Ratings
5% above category average
Oracle Hyperion
-
Ratings
Flat file integration9.4280 Ratings00 Ratings
Excel data integration8.4262 Ratings00 Ratings
Direct links to 3rd-party data sources8.6241 Ratings00 Ratings
Best Alternatives
AnaplanOracle Hyperion
Small Businesses
IBM Planning Analytics
IBM Planning Analytics
Score 8.4 out of 10
MIP Fund Accounting
MIP Fund Accounting
Score 8.7 out of 10
Medium-sized Companies
Centage
Centage
Score 9.6 out of 10
Centage
Centage
Score 9.6 out of 10
Enterprises
Oracle Fusion Cloud ERP
Oracle Fusion Cloud ERP
Score 8.2 out of 10
Oracle Fusion Cloud ERP
Oracle Fusion Cloud ERP
Score 8.2 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
AnaplanOracle Hyperion
Likelihood to Recommend
9.3
(302 ratings)
10.0
(23 ratings)
Likelihood to Renew
9.4
(25 ratings)
5.0
(1 ratings)
Usability
8.0
(16 ratings)
-
(0 ratings)
Availability
8.7
(6 ratings)
-
(0 ratings)
Performance
9.0
(6 ratings)
-
(0 ratings)
Support Rating
7.8
(18 ratings)
8.0
(1 ratings)
In-Person Training
8.4
(4 ratings)
-
(0 ratings)
Online Training
9.0
(4 ratings)
-
(0 ratings)
Implementation Rating
8.5
(21 ratings)
-
(0 ratings)
Configurability
9.0
(4 ratings)
-
(0 ratings)
Ease of integration
9.1
(2 ratings)
-
(0 ratings)
Product Scalability
9.3
(6 ratings)
-
(0 ratings)
Vendor post-sale
7.4
(3 ratings)
-
(0 ratings)
Vendor pre-sale
4.8
(3 ratings)
-
(0 ratings)
User Testimonials
AnaplanOracle Hyperion
Likelihood to Recommend
Anaplan
Anaplan revolutionizes the planning process by standardizing it, creating transparency in data, particularly in showcasing results to the management team. By replacing Excel-centric planning methods, Anaplan not only opens the door to handling larger datasets but also enables a more intricate level of data granularity at an accelerated pace. What sets it apart is its capacity to facilitate a seamless collaboration within a cross-functional model, accommodating diverse departments and business functions in a dynamic, real-time environment.
Read full review
Discontinued Products
Well suited: For use in multiple offices around the world. I was able to obtain financial reporting data from 5 foreign offices and then consolidate their data with 3 domestic USA offices to prepare a consolidated financial statement. Less Appropriate: Translating the financial value for consulting services could be a bit challenging because that required human interaction and judgement. It would have been great to be able to set up some software to be able to interpret this and let it run for all future project work revenue projection.
Read full review
Pros
Anaplan
  • Forcing structure and auditability to processes that used to exist in spreadsheets
  • Strong calculation engine that can account for many dimensions
  • Formula Syntax that is not overly complicated and can be learned by the business in order to have ownership of their models internally
Read full review
Discontinued Products
  • This product handles budgeting by Employee and/or Position very well. It is highly flexible and allows Hyperion administrators the ability to develop a planning application that fits a variety of different business needs.
  • It is great at calculating benefits using business rules to automate the population of these fringe costs in the overall budget planning process. This greatly reduces user error.
  • It allows you to seed the operating budget based on changes to key drivers, such as percentage increases, flat dollar increases and more detailed changes using business rules.
  • Allows visibility into the plans for each unit across the organization, rolled up into an overall budget for the campus.
  • It handles the creation of budgets with multiple chartfield segments or dimensions, which most other budgeting systems cannot handle well. It can aggregate these very quickly.
Read full review
Cons
Anaplan
  • The "new" UX front-end offers a lot of modern and intuitive features, but it lacks the ability to view multiple "tabs" of dashboards and reports. The "classic" dashboard had this feature but now with the UX, you need to be really smart about how to design a single page where the users won't get "lost".
  • Lacks the ability to "wrap text" (similar to excel) and auto-size grid rows
Read full review
Discontinued Products
  • One pain point for us is the consolidation and translation process. Needing to translate the data over and over again is frustrating and there is no visibility into how many users are running a translation. If multiple users attempt to translate the same data set, say goodbye to your performance but you have no way of knowing! (Unless you want to pull up a task audit which is not a very realistic expectation). It has the been the quickest way for us to bring the system to it's knees. The consolidation process performs in direct correlation to the complexity of the calculation/consolidation rules. So, while the product is extremely flexible, you still have to be careful how you design your rules and calculations to make sure that you do it on the smallest subset of data as possible to avoid large processing times. This makes sense, but requires some significant expertise that most organizations do not have in-house.
  • The Hyperion Financial Reporting product is ridiculously outdated and clunky to use. The interface for designing reports is not intuitive, and not easy to modify once a report is built. I think there must be a strategic decision to move away from it and go to something more like Oracle BI because I just can't understand why in the world they don't update the reporting product. It also requires a significant level of expertise to be able to use. Not a great solution at all if you want multiple end-users to create reports in something other than Excel. Nobody except the HFM admin (which I used to be) in our company even touches this module.
  • Another pain point is the amount of IT support that is required to run this thing, and again, specialized knowledge of Hyperion products and how they work is required for IT to adequately support it. This goes for application servers and the Oracle database that the applications are running on.
Read full review
Likelihood to Renew
Anaplan
In any line of work, a tool that is flexible and would allow different departments of your company to easily interact and exchange valuable insights, is highly anticipated and needed. For me, what Anaplan provides to a business, be it a smaller one or an enterprise customer, is an easily scaling, agile planning and modeling platform that can meet almost any need and give a high-end solution to the problems any company faces on a daily basis.
Read full review
Discontinued Products
We're in the middle of the road because we are not sure that other products on the market fit the bill for what we need yet. Hyperion is expensive and burdensome from an administrator and maintenance standpoint, but it still seems to be the best solution for what we need. Show us an equally capable SaaS consolidation product and we'll talk again.
Read full review
Usability
Anaplan
There is a dependency in this rating - in that I find Anaplan extremely easy to use, but I've spent the necessary time developing a strong understanding of the platform. Once you understand how to use it, the platform is flexible, easy to use, and fun to use.
Read full review
Discontinued Products
No answers on this topic
Reliability and Availability
Anaplan
There are very few outages. Maintenance is scheduled on two or three Saturdays per month, so as not to affect businesses. When there is an outage, users are kept informed of progress to restore the platform and typically this takes no more than an hour. Anaplan customer support is very responsive if we ever have questions about platform issues
Read full review
Discontinued Products
No answers on this topic
Performance
Anaplan
Everything is calculated in memory in the cloud. It's nearly instantaneous updates when you make changes. The only time things get a little slow is when you have a massive model with very intricate calculations...but "slow" for Anaplan is not what I would call "slow" for something like Hyperion. We used to have Hyperion calcs that ran for 60 mins before you could use data. The equivalent would be 60 seconds in Anaplan.
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Discontinued Products
No answers on this topic
Support Rating
Anaplan
1. Anaplan has separate 24/7 customer support channel to help with queries, 2. Customer Partner from Anaplan to support vendor with their queries like license purchase, use case implementation support, customer advocacy 3. Anaplan Learning Platform to help learning new product features free of cost and Yearly Anaplan connect across globe to share success stories of various companies.
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Discontinued Products
The premium support team provides much needed dedicated customer service which we are after for what we have paid for this service. We are satisfied with the service and support and do not have any instance where there was an issue that requires escalation to get the right support team. Though the incidence of major issues that requires the premium support are less, we prefer to keep this as a safety net.
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In-Person Training
Anaplan
The in-person training is simply not worth the cost. After a few weeks of playing in Anaplan, I went to the basic training and knew more than the person teaching it. a year down the road, I was the first person to complete the advance training, and again could have been teaching the class better than the person running the session. Spend some time on your own trying out different things and you will get all the understanding you need to be successful.
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Discontinued Products
No answers on this topic
Online Training
Anaplan
Anaplan training materials are clear, simple, easy to understand and to follow. Visuals are excellent. The vendor is good at updating training materials in a timely manner and encouraging users and administrators to keep coming back to Academy site for refresher courses or new feature courses. I really like their interactive diagrams
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Discontinued Products
No answers on this topic
Implementation Rating
Anaplan
Agile methodology and breaking the work down into sprints was very helpful. Implementation required a deeper dive into our data than expected for the consultants to be able to construct the data model. But once it was in place, the focus on knowledge transfer enabled us to be able to use the product effectively after the team rolled off.
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Discontinued Products
No answers on this topic
Alternatives Considered
Anaplan
Anaplan is what I would consider a modeling platform. It excels at taking a forecasting or planning process and systematizing it - and allowing for whatever nuances and granularity you need to perform that modeling. It is not positioned as "data collection" platform - which are typically designed to take data uploads from Excel to calculate basic opex and revenue models. It's much more customizable and flexible.
Read full review
Discontinued Products
I use Oracle Hyperion Enterprise Performance Mangement because the company I work at requires me to use it in the Financial Planning sector as most of their data is stored in it. I am open minded and ready to use other performance management tools created by Oracle if my work permits.
Read full review
Scalability
Anaplan
We have managed to leverage Anaplan for financial planning and forecasting across the business. It is now used by almost every department, with more than 50 users (but I know of companies that have hundreds of users) and still the platform is quick and reliable. It is easy to make changes to divisions and departments or add users and apply different user settings - the core part of the model is not affected and end users can continue their work without any disruption
Read full review
Discontinued Products
No answers on this topic
Return on Investment
Anaplan
  • Speeding up the process of closing and updating the current month forecast
  • Reduced work on the preparation of reports and presentations. We used different Anaplan approaches with varying success, but the overall result was there.
  • It's hard to gauge, but the overall increase in process and algorithm transparency, along with data protection, has given an excellent platform for scaling up the company's processes.
Read full review
Discontinued Products
  • Oracle Hyperion allows us to automate and consolidate financial data that used to be performed manually in spreadsheets. From that perspective the ROI is huge.
  • Oracle Hyperion functionality is extensive and allows us to perform most functions for planning, consolidating and reporting on our financial data.
  • One negative with Oracle Hyperion is that it is complicated to implement and maintain. It takes expertise at all levels (infrastructure and management) to realize the benefits from it.
Read full review
ScreenShots

Anaplan Screenshots

Screenshot of Platform: The Anaplan platform is a unified cloud-based solution that connects people, data and plans to enable complex scenario modeling and drive growthScreenshot of OpEx Planning: Review revenue-target-setting goals by brand, season, and capacity all on one, unified, highly-visual dashboardScreenshot of Supply Planning: Break down costs across assembly production to project profitability and align your supply chain to market opportunitiesScreenshot of Territory and Quota Planning: Keep track of sales goals and quotas across territories and industries to optimize sales performanceScreenshot of Headcount Planning: Easily align workforce plans with your strategic plans and quickly see where the best qualified talent resides to fit your organization’s staffing needsScreenshot of Marketing: Eliminate spreadsheets to drive efficiency across planning and manage budget against planned activity