BlackLine vs. Oracle Hyperion Enterprise Performance Management

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
BlackLine
Score 8.9 out of 10
N/A
BlackLine automates the the processes required to finalize periodic closing of the books. Beyond close/reconciliation management the product includes capabilities to enhance the management and control of financial processes throughout the accounting cycle. In October 2020, BlackLine acquired Rimilia, an AR automation solution. Rimilia's capabilities are now part of the BlackLine platform.N/A
Oracle Hyperion
Score 7.2 out of 10
N/A
Oracle's Corporate Performance Management suite was acquired from Hyperion in 2007. The product is offers a broad suite of capabilities and many customers use only a subset of the platform capabilities.. Oracle has integrated Oracle BI tools to extend the platform further.N/A
Pricing
BlackLineOracle Hyperion Enterprise Performance Management
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
BlackLineOracle Hyperion
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
BlackLineOracle Hyperion Enterprise Performance Management
Considered Both Products
BlackLine
Chose BlackLine
We are currently using AuditBoard over BlackLine Compliance. It is mainly due to Compliance was introduced to us after AuditBoard was already been implimented and used.
Chose BlackLine
Our initial implementation of a solution in this space was with Trintech. It is also a very useful toolkit and automated our reconciliation and task management. There was also initially a substantial financial benefit to beginning with them. As we grew into the solution and …
Chose BlackLine
I don't know what other companies were evaluated if any. There was high support of BlackLine from multiple individuals, so we went with it.
Oracle Hyperion

No answer on this topic

Top Pros
Top Cons
Features
BlackLineOracle Hyperion Enterprise Performance Management
Consolidation and Close
Comparison of Consolidation and Close features of Product A and Product B
BlackLine
9.0
2 Ratings
5% above category average
Oracle Hyperion Enterprise Performance Management
9.8
21 Ratings
17% above category average
Journal entries and reports9.01 Ratings10.019 Ratings
Detailed Audit Trails9.01 Ratings9.219 Ratings
Financial data consolidation00 Ratings10.020 Ratings
Multi-currency management00 Ratings10.013 Ratings
Intercompany Eliminations00 Ratings10.018 Ratings
Minority Ownership00 Ratings10.013 Ratings
Local and consolidated reporting00 Ratings9.219 Ratings
BI Standard Reporting
Comparison of BI Standard Reporting features of Product A and Product B
BlackLine
-
Ratings
Oracle Hyperion Enterprise Performance Management
8.7
7 Ratings
7% above category average
Pixel Perfect reports00 Ratings10.05 Ratings
Customizable dashboards00 Ratings8.06 Ratings
Report Formatting Templates00 Ratings8.06 Ratings
Ad-hoc Reporting
Comparison of Ad-hoc Reporting features of Product A and Product B
BlackLine
-
Ratings
Oracle Hyperion Enterprise Performance Management
8.5
10 Ratings
1% above category average
Drill-down analysis00 Ratings8.010 Ratings
Formatting capabilities00 Ratings10.09 Ratings
Integration with R or other statistical packages00 Ratings7.13 Ratings
Report sharing and collaboration00 Ratings9.06 Ratings
Report Output and Scheduling
Comparison of Report Output and Scheduling features of Product A and Product B
BlackLine
-
Ratings
Oracle Hyperion Enterprise Performance Management
7.5
7 Ratings
9% below category average
Publish to Web00 Ratings10.06 Ratings
Publish to PDF00 Ratings10.06 Ratings
Report Versioning00 Ratings2.06 Ratings
Report Delivery Scheduling00 Ratings8.05 Ratings
Data Discovery and Visualization
Comparison of Data Discovery and Visualization features of Product A and Product B
BlackLine
-
Ratings
Oracle Hyperion Enterprise Performance Management
7.7
5 Ratings
1% above category average
Pre-built visualization formats (heatmaps, scatter plots etc.)00 Ratings6.93 Ratings
Location Analytics / Geographic Visualization00 Ratings7.23 Ratings
Predictive Analytics00 Ratings9.04 Ratings
Access Control and Security
Comparison of Access Control and Security features of Product A and Product B
BlackLine
-
Ratings
Oracle Hyperion Enterprise Performance Management
10.0
9 Ratings
13% above category average
Multi-User Support (named login)00 Ratings10.09 Ratings
Role-Based Security Model00 Ratings10.07 Ratings
Multiple Access Permission Levels (Create, Read, Delete)00 Ratings10.08 Ratings
Single Sign-On (SSO)00 Ratings10.07 Ratings
Mobile Capabilities
Comparison of Mobile Capabilities features of Product A and Product B
BlackLine
-
Ratings
Oracle Hyperion Enterprise Performance Management
6.0
5 Ratings
26% below category average
Responsive Design for Web Access00 Ratings8.05 Ratings
Mobile Application00 Ratings5.03 Ratings
Dashboard / Report / Visualization Interactivity on Mobile00 Ratings6.03 Ratings
Budgeting, Planning, and Forecasting
Comparison of Budgeting, Planning, and Forecasting features of Product A and Product B
BlackLine
-
Ratings
Oracle Hyperion Enterprise Performance Management
9.9
24 Ratings
15% above category average
Long-term financial planning00 Ratings10.019 Ratings
Financial budgeting00 Ratings10.022 Ratings
Forecasting00 Ratings10.023 Ratings
Scenario modeling00 Ratings9.818 Ratings
Management reporting00 Ratings9.823 Ratings
Financial Reporting and Compliance
Comparison of Financial Reporting and Compliance features of Product A and Product B
BlackLine
-
Ratings
Oracle Hyperion Enterprise Performance Management
8.6
22 Ratings
1% above category average
Financial Statement Reporting00 Ratings10.021 Ratings
Management Reporting00 Ratings10.020 Ratings
Excel-based Reporting00 Ratings10.020 Ratings
Automated board and financial reporting00 Ratings7.416 Ratings
XBRL support for regulatory filing00 Ratings5.811 Ratings
Analytics and Reporting
Comparison of Analytics and Reporting features of Product A and Product B
BlackLine
-
Ratings
Oracle Hyperion Enterprise Performance Management
8.2
21 Ratings
2% above category average
Personalized dashboards00 Ratings8.219 Ratings
Color-coded scorecards00 Ratings7.416 Ratings
KPIs00 Ratings9.617 Ratings
Cost and profitability analysis00 Ratings9.617 Ratings
Key Performance Indicator setting00 Ratings8.215 Ratings
Benchmarking with external data00 Ratings6.214 Ratings
Integration
Comparison of Integration features of Product A and Product B
BlackLine
-
Ratings
Oracle Hyperion Enterprise Performance Management
10.0
22 Ratings
16% above category average
Flat file integration00 Ratings10.020 Ratings
Excel data integration00 Ratings10.022 Ratings
Direct links to 3rd-party data sources00 Ratings10.014 Ratings
Best Alternatives
BlackLineOracle Hyperion Enterprise Performance Management
Small Businesses
Tipalti
Tipalti
Score 8.5 out of 10
IBM Planning Analytics with Watson
IBM Planning Analytics with Watson
Score 8.8 out of 10
Medium-sized Companies
OneStream
OneStream
Score 9.5 out of 10
OneStream
OneStream
Score 9.5 out of 10
Enterprises
OneStream
OneStream
Score 9.5 out of 10
OneStream
OneStream
Score 9.5 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
BlackLineOracle Hyperion Enterprise Performance Management
Likelihood to Recommend
9.2
(188 ratings)
9.8
(25 ratings)
Likelihood to Renew
9.1
(17 ratings)
5.0
(1 ratings)
Usability
8.6
(50 ratings)
-
(0 ratings)
Availability
9.1
(1 ratings)
-
(0 ratings)
Performance
9.1
(1 ratings)
-
(0 ratings)
Support Rating
7.2
(173 ratings)
8.0
(2 ratings)
Online Training
8.4
(2 ratings)
-
(0 ratings)
Implementation Rating
9.1
(10 ratings)
-
(0 ratings)
Product Scalability
9.1
(1 ratings)
-
(0 ratings)
User Testimonials
BlackLineOracle Hyperion Enterprise Performance Management
Likelihood to Recommend
BlackLine
BlackLine is a very robust system and is capable of improving processes. However, it does take time and resource investments. If companies do not have the time and resources and are not willing to invest time and resources, this product will not solve their issues. This is an investment and can be an incredibly powerful tool; however, it won't do the work without guidance. The level of engagement and size of project may evolve over time, however, companies need to understand that it is not an overnight success, but the success that can be achieved in the long run is worth it. I also recommend working with a seasoned implementation partner on a new project. As a company develops the skills to lead the transformation, a partner may not be needed as much, but it is definitely recommended to start.
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
BlackLine
  • Saving time! Our manual process became automated the minute we "turned on" Blackline!
  • Focus! By saving time using Blackline, our employees are able to focus on other job responsibilities and profit-generation
  • Support! Blackline's support throughout our implementation and post-implementation has been exceptional. We always receive timely responses and get answers fast, when needed
  • User Friendly! Their system is very easy to navigate. Even individuals in our organization that don't like or embrace change said the transition to Blackline was smooth and painless
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
BlackLine
  • In the master journal entries, it would be nice if you could insert a line without having to rekey the entire entry over again.
  • Before I would have said the "to-do list" needed improvements, but now it is so easy to tell what I need to look at instead of searching each section for items.
  • It would be great if the "certify - next" worked on all reviews
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
Likelihood to Renew
BlackLine
BlackLine is invaluable to our close process. The time saved from moving paper and auto-certifying can be used for better review of the data. It allowed our CFO and Board of Directors to have confidence that our close process was timely and accurate.
Read full review
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
Usability
BlackLine
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.
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Oracle
No answers on this topic
Reliability and Availability
BlackLine
We never experienced an outage with BlackLine. The only time the system was unavailable was during planned outages for updates and upgrades usually Friday evening after 6pm pst until Saturday morning at 6am pst.
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Oracle
No answers on this topic
Performance
BlackLine
BlackLine performs rather quickly considering the amount of data we were pushing in and out of it.
Read full review
Oracle
No answers on this topic
Support Rating
BlackLine
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.
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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.
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Online Training
BlackLine
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.
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Oracle
No answers on this topic
Implementation Rating
BlackLine
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
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Oracle
No answers on this topic
Alternatives Considered
BlackLine
I have not used any products similar to Blackline. However, Excel does offer many similar functionalities to Blackline in terms of reconciling accounts. Blackline offers many benefits over simply using Excel. The reconciliations are organized and easy to find, and they roll over each month on their own. They include the ability to auto-certify if they meet the criteria that your team selects. They also include an audit trail of documentation and approval for each step.
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.
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Scalability
BlackLine
After implementing BlackLine our company acquired another large company with multiple operations. We were able to use the COVID shutdown to bring them on board with BlackLine with little effort in the setup and training of the users.
Read full review
Oracle
No answers on this topic
Return on Investment
BlackLine
  • More insight into balance sheet account balances. Our team is more timely with getting errors fixed and monitoring important accounts.
  • The task management tool helps us ensure that we are completing all accruals and reviews each month. This has led to fewer errors and missing accruals.
  • Our use of BlackLine has greatly increased our efficiency by reducing manual work.
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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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