11 Ratings
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Score 7.4 out of 100
226 Ratings
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Score 7.3 out of 100

Feature Set Ratings

  • Oracle Hyperion Enterprise Performance Management ranks higher in 5 feature sets: Budgeting, Planning, and Forecasting, Consolidation and Close, Financial Reporting and Compliance, Analytics and Reporting, Integration

Budgeting, Planning, and Forecasting

6.7

Axiom Software by Syntellis Performance Solutions

67%
9.8

Oracle Hyperion

98%
Oracle Hyperion Enterprise Performance Management ranks higher in 5/5 features

Long-term financial planning

6.6
66%
4 Ratings
10.0
100%
19 Ratings

Financial budgeting

8.6
86%
6 Ratings
10.0
100%
22 Ratings

Forecasting

6.0
60%
5 Ratings
10.0
100%
23 Ratings

Scenario modeling

4.7
47%
5 Ratings
9.6
96%
18 Ratings

Management reporting

7.7
77%
5 Ratings
9.6
96%
23 Ratings

Consolidation and Close

5.8

Axiom Software by Syntellis Performance Solutions

58%
9.8

Oracle Hyperion

98%
Oracle Hyperion Enterprise Performance Management ranks higher in 7/7 features

Financial data consolidation

4.4
44%
3 Ratings
10.0
100%
20 Ratings

Local and consolidated reporting

6.7
67%
5 Ratings
9.3
93%
19 Ratings

Detailed Audit Trails

6.2
62%
5 Ratings
9.3
93%
19 Ratings

Journal entries and reports

N/A
0 Ratings
10.0
100%
19 Ratings

Multi-currency management

N/A
0 Ratings
10.0
100%
13 Ratings

Intercompany Eliminations

N/A
0 Ratings
10.0
100%
18 Ratings

Minority Ownership

N/A
0 Ratings
10.0
100%
13 Ratings

Financial Reporting and Compliance

6.5

Axiom Software by Syntellis Performance Solutions

65%
8.8

Oracle Hyperion

88%
Oracle Hyperion Enterprise Performance Management ranks higher in 5/5 features

Financial Statement Reporting

8.2
82%
5 Ratings
10.0
100%
21 Ratings

Management Reporting

6.9
69%
5 Ratings
10.0
100%
20 Ratings

Excel-based Reporting

6.0
60%
5 Ratings
10.0
100%
20 Ratings

Automated board and financial reporting

5.3
53%
4 Ratings
7.7
77%
16 Ratings

XBRL support for regulatory filing

5.9
59%
2 Ratings
6.4
64%
11 Ratings

Analytics and Reporting

4.6

Axiom Software by Syntellis Performance Solutions

46%
8.2

Oracle Hyperion

82%
Oracle Hyperion Enterprise Performance Management ranks higher in 6/6 features

Personalized dashboards

4.7
47%
5 Ratings
8.3
83%
19 Ratings

Color-coded scorecards

6.2
62%
4 Ratings
7.7
77%
16 Ratings

KPIs

6.2
62%
4 Ratings
9.3
93%
17 Ratings

Cost and profitability analysis

1.0
10%
3 Ratings
9.3
93%
17 Ratings

Key Performance Indicator setting

5.3
53%
3 Ratings
8.3
83%
15 Ratings

Benchmarking with external data

4.0
40%
3 Ratings
6.4
64%
14 Ratings

Integration

7.1

Axiom Software by Syntellis Performance Solutions

71%
10.0

Oracle Hyperion

100%
Oracle Hyperion Enterprise Performance Management ranks higher in 3/3 features

Flat file integration

6.4
64%
5 Ratings
10.0
100%
20 Ratings

Excel data integration

8.7
87%
4 Ratings
10.0
100%
22 Ratings

Direct links to 3rd-party data sources

6.2
62%
4 Ratings
10.0
100%
14 Ratings

BI Standard Reporting

Axiom Software by Syntellis Performance Solutions

Feature Set Not Supported
N/A
8.7

Oracle Hyperion

87%
Oracle Hyperion Enterprise Performance Management ranks higher in 3/3 features

Pixel Perfect reports

N/A
0 Ratings
10.0
100%
5 Ratings

Customizable dashboards

N/A
0 Ratings
8.0
80%
6 Ratings

Report Formatting Templates

N/A
0 Ratings
8.0
80%
6 Ratings

Ad-hoc Reporting

Axiom Software by Syntellis Performance Solutions

Feature Set Not Supported
N/A
8.5

Oracle Hyperion

85%
Oracle Hyperion Enterprise Performance Management ranks higher in 4/4 features

Drill-down analysis

N/A
0 Ratings
8.0
80%
10 Ratings

Formatting capabilities

N/A
0 Ratings
10.0
100%
9 Ratings

Integration with R or other statistical packages

N/A
0 Ratings
7.1
71%
3 Ratings

Report sharing and collaboration

N/A
0 Ratings
9.0
90%
6 Ratings

Report Output and Scheduling

Axiom Software by Syntellis Performance Solutions

Feature Set Not Supported
N/A
7.5

Oracle Hyperion

75%
Oracle Hyperion Enterprise Performance Management ranks higher in 4/4 features

Publish to Web

N/A
0 Ratings
10.0
100%
6 Ratings

Publish to PDF

N/A
0 Ratings
10.0
100%
6 Ratings

Report Versioning

N/A
0 Ratings
2.0
20%
6 Ratings

Report Delivery Scheduling

N/A
0 Ratings
8.0
80%
5 Ratings

Data Discovery and Visualization

Axiom Software by Syntellis Performance Solutions

Feature Set Not Supported
N/A
7.7

Oracle Hyperion

77%
Oracle Hyperion Enterprise Performance Management ranks higher in 3/3 features

Pre-built visualization formats (heatmaps, scatter plots etc.)

N/A
0 Ratings
6.9
69%
3 Ratings

Location Analytics / Geographic Visualization

N/A
0 Ratings
7.2
72%
3 Ratings

Predictive Analytics

N/A
0 Ratings
9.0
90%
4 Ratings

Access Control and Security

Axiom Software by Syntellis Performance Solutions

Feature Set Not Supported
N/A
10.0

Oracle Hyperion

100%
Oracle Hyperion Enterprise Performance Management ranks higher in 4/4 features

Multi-User Support (named login)

N/A
0 Ratings
10.0
100%
9 Ratings

Role-Based Security Model

N/A
0 Ratings
10.0
100%
7 Ratings

Multiple Access Permission Levels (Create, Read, Delete)

N/A
0 Ratings
10.0
100%
8 Ratings

Single Sign-On (SSO)

N/A
0 Ratings
10.0
100%
7 Ratings

Mobile Capabilities

Axiom Software by Syntellis Performance Solutions

Feature Set Not Supported
N/A
6.0

Oracle Hyperion

60%
Oracle Hyperion Enterprise Performance Management ranks higher in 3/3 features

Responsive Design for Web Access

N/A
0 Ratings
8.0
80%
5 Ratings

Mobile Application

N/A
0 Ratings
5.0
50%
3 Ratings

Dashboard / Report / Visualization Interactivity on Mobile

N/A
0 Ratings
6.0
60%
3 Ratings

Attribute Ratings

  • Oracle Hyperion Enterprise Performance Management is rated higher in 2 areas: Likelihood to Recommend, Support Rating

Likelihood to Recommend

6.9

Axiom Software by Syntellis Performance Solutions

69%
6 Ratings
9.6

Oracle Hyperion

96%
25 Ratings

Likelihood to Renew

Axiom Software by Syntellis Performance Solutions

N/A
0 Ratings
5.0

Oracle Hyperion

50%
1 Rating

Support Rating

7.0

Axiom Software by Syntellis Performance Solutions

70%
2 Ratings
8.0

Oracle Hyperion

80%
2 Ratings

Likelihood to Recommend

Syntellis Performance Solutions (formerly Kaufman Hall Software)

Axiom is extremely well suited to optimize the Budget process. Using Axiom, we have cut our overall budget cycle time in half and have a much higher level of accuracy in all facets of the Budget including Fee Income, Expense, and Margin. Axiom is also well suited for advanced data users as you have the ability to create your own custom database tables which allows you to join to the existing Axiom tables and has allowed us to create custom reporting that we could not even think about on our previous system. The other big benefit of Axiom is that it sits on top of Microsoft Excel and inherits all of its functionality, which most people have experience with.
Read full review

Oracle

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

Syntellis Performance Solutions (formerly Kaufman Hall Software)

  • Compared to a previous EPM we used, Axiom's template load and saving performance has been much better even for large plan files.
  • Axiom consultants can create completely customized reports for any of the collected data. Super users within your organization can then fairly easily modify their work to create additional reports without Axiom's help (and invoices)
  • Setting up user security is a fairly easy one-time task and very easy to maintain when people change departments, leave the organization, etc. I would recommend you use role-based security settings.
  • Compared to our previous EPM, Axiom allows more customization and possibilities for templates. There's very few "the product can't do that" statements.
Read full review

Oracle

  • 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

Syntellis Performance Solutions (formerly Kaufman Hall Software)

  • Implementation is quite Complex and requires both IT and Financial buy-in
  • Reporting solution has some learning curve for end users
  • Calculation methods within reporting can be opaque and hard to trace
Read full review

Oracle

  • 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

Pricing Details

Axiom Software by Syntellis Performance Solutions

Starting Price

Editions & Modules

Axiom Software by Syntellis Performance Solutions editions and modules pricing
EditionModules

Footnotes

    Offerings

    Free Trial
    Free/Freemium Version
    Premium Consulting/Integration Services

    Entry-level set up fee?

    No setup fee

    Additional Details

    Oracle Hyperion

    Starting Price

    Editions & Modules

    Oracle Hyperion editions and modules pricing
    EditionModules

    Footnotes

      Offerings

      Free Trial
      Free/Freemium Version
      Premium Consulting/Integration Services

      Entry-level set up fee?

      No setup fee

      Additional Details

      Likelihood to Renew

      Syntellis Performance Solutions (formerly Kaufman Hall Software)

      No answers on this topic

      Oracle

      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

      Support Rating

      Syntellis Performance Solutions (formerly Kaufman Hall Software)

      For the scale of our implementation, Axiom only assigned two consultants who were both completely new to the company. It felt like we were all learning about the product together, when you would expect them to already be experts at their own product. The team also made a good bit of mistakes throughout production and go-live, which then caused more work internally for us. The team lead for our project also just left the company, so we'll see how next year's planning goes
      Read full review

      Oracle

      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.
      Read full review

      Alternatives Considered

      Syntellis Performance Solutions (formerly Kaufman Hall Software)

      Axiom was selected based on the impression of ease of use and integration. It is capable of holding all of our entities data while giving us an easier more accessible way to deliver monthly Financials and reports to managers. Then in costing we signed up because the impression of budgeting.
      Read full review

      Oracle

      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

      Return on Investment

      Syntellis Performance Solutions (formerly Kaufman Hall Software)

      • Forecasting has improved
      • Complexity of analysis has improved as well
      • Our main data has been confused as we started using Axiom
      Read full review

      Oracle

      • 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

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