What users are saying about
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Top Rated
194 Ratings

BlackLine

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Top Rated
194 Ratings
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Score 8.9 out of 100
220 Ratings
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Score 7.2 out of 100

Likelihood to Recommend

BlackLine

BlackLine works very well for general ledger accounting teams to stay organized and meet all deadlines. Everyone's individual responsibilities are clearly defined by using this tool, and everyone is able to be held accountable for their work. It has been instrumental in process flow efficiency for our multi-national team working in different time zones. BlackLine is a tool that keeps everyone on the same page!
Anonymous | TrustRadius Reviewer

Oracle Hyperion

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.
Anonymous | TrustRadius Reviewer

Feature Rating Comparison

BI Standard Reporting

BlackLine
Oracle Hyperion
7.1
Pixel Perfect reports
BlackLine
Oracle Hyperion
7.0
Customizable dashboards
BlackLine
Oracle Hyperion
6.6
Report Formatting Templates
BlackLine
Oracle Hyperion
7.7

Ad-hoc Reporting

BlackLine
Oracle Hyperion
7.3
Drill-down analysis
BlackLine
Oracle Hyperion
8.3
Formatting capabilities
BlackLine
Oracle Hyperion
7.5
Integration with R or other statistical packages
BlackLine
Oracle Hyperion
7.1
Report sharing and collaboration
BlackLine
Oracle Hyperion
6.4

Report Output and Scheduling

BlackLine
Oracle Hyperion
6.4
Publish to Web
BlackLine
Oracle Hyperion
5.6
Publish to PDF
BlackLine
Oracle Hyperion
5.7
Report Versioning
BlackLine
Oracle Hyperion
7.0
Report Delivery Scheduling
BlackLine
Oracle Hyperion
7.2

Data Discovery and Visualization

BlackLine
Oracle Hyperion
7.1
Pre-built visualization formats (heatmaps, scatter plots etc.)
BlackLine
Oracle Hyperion
6.9
Location Analytics / Geographic Visualization
BlackLine
Oracle Hyperion
7.2
Predictive Analytics
BlackLine
Oracle Hyperion
7.1

Access Control and Security

BlackLine
Oracle Hyperion
7.5
Multi-User Support (named login)
BlackLine
Oracle Hyperion
7.4
Role-Based Security Model
BlackLine
Oracle Hyperion
6.5
Multiple Access Permission Levels (Create, Read, Delete)
BlackLine
Oracle Hyperion
7.7
Single Sign-On (SSO)
BlackLine
Oracle Hyperion
8.6

Mobile Capabilities

BlackLine
Oracle Hyperion
5.4
Responsive Design for Web Access
BlackLine
Oracle Hyperion
5.4
Dedicated iOS Application
BlackLine
Oracle Hyperion
5.0
Dedicated Android Application
BlackLine
Oracle Hyperion
5.0
Dashboard / Report / Visualization Interactivity on Mobile
BlackLine
Oracle Hyperion
6.4

Budgeting, Planning, and Forecasting

BlackLine
Oracle Hyperion
9.4
Long-term financial planning
BlackLine
Oracle Hyperion
9.8
Financial budgeting
BlackLine
Oracle Hyperion
9.7
Forecasting
BlackLine
Oracle Hyperion
9.7
Scenario modeling
BlackLine
Oracle Hyperion
8.8
Management reporting
BlackLine
Oracle Hyperion
8.9

Consolidation and Close

BlackLine
Oracle Hyperion
9.8
Financial data consolidation
BlackLine
Oracle Hyperion
9.8
Journal entries and reports
BlackLine
Oracle Hyperion
9.8
Multi-currency management
BlackLine
Oracle Hyperion
9.9
Intercompany Eliminations
BlackLine
Oracle Hyperion
9.7
Minority Ownership
BlackLine
Oracle Hyperion
9.8
Local and consolidated reporting
BlackLine
Oracle Hyperion
9.7
Detailed Audit Trails
BlackLine
Oracle Hyperion
9.8

Financial Reporting and Compliance

BlackLine
Oracle Hyperion
9.4
Financial Statement Reporting
BlackLine
Oracle Hyperion
9.7
Management Reporting
BlackLine
Oracle Hyperion
9.8
Excel-based Reporting
BlackLine
Oracle Hyperion
9.9
Automated board and financial reporting
BlackLine
Oracle Hyperion
8.8
XBRL support for regulatory filing
BlackLine
Oracle Hyperion
9.0

Analytics

BlackLine
Oracle Hyperion
8.3
Personalized dashboards
BlackLine
Oracle Hyperion
8.9
Color-coded scorecards
BlackLine
Oracle Hyperion
8.8
KPIs
BlackLine
Oracle Hyperion
8.0
Cost and profitability analysis
BlackLine
Oracle Hyperion
8.0
Key Performance Indicator setting
BlackLine
Oracle Hyperion
8.9
Benchmarking with external data
BlackLine
Oracle Hyperion
7.1

Integration

BlackLine
Oracle Hyperion
9.8
Flat file integration
BlackLine
Oracle Hyperion
9.8
Excel data integration
BlackLine
Oracle Hyperion
9.8
Direct links to 3rd-party data sources
BlackLine
Oracle Hyperion
9.8

Pros

BlackLine

  • Improves performance on month-end related reconciliations.
  • A unified platform that is optimized across the Finance org providing visibility and provides a paperless and improved reconciliation process.
  • Great for transparency and visibility across the team
  • User-friendly interface that is easy to utilize
Desislava Abrasheva | TrustRadius Reviewer

Oracle Hyperion

  • 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.
Teal Sexton | TrustRadius Reviewer

Cons

BlackLine

  • Improve the customization of auto-certification timing.
  • It would be great to have a screen where a preparer and approver can see their workload without having to switch between roles.
  • Cases should be accessible to more users automatically, not just system admins.
Anonymous | TrustRadius Reviewer

Oracle Hyperion

  • 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.
Matt Downing | TrustRadius Reviewer

Likelihood to Renew

BlackLine

BlackLine 9.4
Based on 9 answers
  • To continue to enjoy and leverage on the automation functionalities BlackLine offers for this process.
  • Make more gains on running this process efficiently and keep our Finance Teams on high-end value addition projects
  • With a foreseeable increase in transaction volumes when activities pick up, we need a tool we can really on to handle the volume
Anonymous | TrustRadius Reviewer

Oracle Hyperion

Oracle Hyperion 5.0
Based on 1 answer
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.
Matt Downing | TrustRadius Reviewer

Usability

BlackLine

BlackLine 8.8
Based on 47 answers
There are some processes that we currently use that cannot be done in BlackLine. Our users don't want to change their processes or learn new processes even though it would make their jobs easier. We have very few users who have adopted BlackLine fully, and management has not made it a requirement to use the application.
Jennifer Nicholoff | TrustRadius Reviewer

Oracle Hyperion

No score
No answers yet
No answers on this topic

Support Rating

BlackLine

BlackLine 8.8
Based on 174 answers
My conversations with vendor representatives and our account managers have all been very positive. They provide solution suggestions that are tailored to our organization and requirements. Questions are answered quickly. The company seems genuinely interested in seeing our organization succeed, not only in the implementation and use of their product but also financially.
David Tilton | TrustRadius Reviewer

Oracle Hyperion

Oracle Hyperion 8.0
Based on 2 answers
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.
Anonymous | TrustRadius Reviewer

Online Training

BlackLine

BlackLine 9.0
Based on 1 answer
Trainings are available for all topics on the BlackLine U portal. These were incredibly helpful when first starting with BlackLine to get the hang of it. Trainings are useful for any module. I have personally used this to teach myself how to use the tasks and variance modules, which are now fully utilized by my organization. The support team is also very helpful in training our team on anything additional we have needed.
Matt Gustus, CPA | TrustRadius Reviewer

Oracle Hyperion

No score
No answers yet
No answers on this topic

Implementation Rating

BlackLine

BlackLine 9.9
Based on 7 answers
You will have to meet up with your final users, approver, internal auditor and accounting policy holder. Everyone has to agree. When you have a well written process, workflow, policy, approval requirement, and control, your implementation process will be much easier
S.Michelle Chan | TrustRadius Reviewer

Oracle Hyperion

No score
No answers yet
No answers on this topic

Alternatives Considered

BlackLine

Excel is an extension of Accountants....we are comfortable with Excel and can adapt it for many activities such as balance sheet reconciliations and month-end close lists. For 20 years of my career, that's what the organizations I worked for used. So, when we were looking for a solution, we wanted something that was based in Excel. After we participated in a Blackline demonstration, we realized to be effective the platform didn't have to be Excel-based. We were confident all of Blackline's features (data importing, recon templates, matching, system certifications, etc.) could be more efficient, accurate, complete, and controllable than Excel or a solution where Excel is the tool's platform.
Kelly Singletary, CPA | TrustRadius Reviewer

Oracle Hyperion

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.
Ricky Bhatia | TrustRadius Reviewer

Return on Investment

BlackLine

  • We were short-staffed by 3 full-time accounting positions compared to normal staffing levels. Due to the efficiencies from using Blackline we've been operating with 2 fewer senior accounting positions, which is saving us roughly $100k-$120k. We're not sure that we need to fill them now. I think that's a pretty good ROI.
Anitra Myrick | TrustRadius Reviewer

Oracle Hyperion

  • 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.
Anonymous | TrustRadius Reviewer

Pricing Details

BlackLine

General

Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
Entry-level set up fee?
No

Starting Price

Oracle Hyperion

General

Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
Entry-level set up fee?
No

Starting Price

Rating Summary

Likelihood to Recommend

BlackLine
9.1
Oracle Hyperion
8.8

Likelihood to Renew

BlackLine
9.4
Oracle Hyperion
5.0

Usability

BlackLine
8.8
Oracle Hyperion

Support Rating

BlackLine
8.8
Oracle Hyperion
8.0

Online Training

BlackLine
9.0
Oracle Hyperion

Implementation Rating

BlackLine
9.9
Oracle Hyperion

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