What users are saying about
196 Ratings
14 Ratings
196 Ratings
<a href='https://www.trustradius.com/static/about-trustradius-scoring' target='_blank' rel='nofollow noopener noreferrer'>trScore algorithm: Learn more.</a>
Score 7.8 out of 100
14 Ratings
<a href='https://www.trustradius.com/static/about-trustradius-scoring' target='_blank' rel='nofollow noopener noreferrer'>trScore algorithm: Learn more.</a>
Score 8.2 out of 100

Likelihood to Recommend

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

Quantrix

If you find yourself in the ocean of traditional spreadsheets, overwhelmed by broken links, errors, model audit problems, hardwiring, etc. here is a lifebuoy for you. If you want to have full flexibility in your budgeting and forecasting in contrast to ERPs with rigid structures and one-size-fits-all concept. If you are small or medium size company and do not want to invest in costly enterprise solutions. If you need a fast implementation https://youtu.be/5W_q5Xhw5fg
Tahir Tahirov, PMP | TrustRadius Reviewer

Feature Rating Comparison

BI Standard Reporting

Oracle Hyperion
7.4
Quantrix
Pixel Perfect reports
Oracle Hyperion
7.2
Quantrix
Customizable dashboards
Oracle Hyperion
7.1
Quantrix
Report Formatting Templates
Oracle Hyperion
7.8
Quantrix

Ad-hoc Reporting

Oracle Hyperion
7.6
Quantrix
Drill-down analysis
Oracle Hyperion
8.3
Quantrix
Formatting capabilities
Oracle Hyperion
7.7
Quantrix
Integration with R or other statistical packages
Oracle Hyperion
7.3
Quantrix
Report sharing and collaboration
Oracle Hyperion
7.0
Quantrix

Report Output and Scheduling

Oracle Hyperion
6.8
Quantrix
Publish to Web
Oracle Hyperion
6.4
Quantrix
Publish to PDF
Oracle Hyperion
6.5
Quantrix
Report Versioning
Oracle Hyperion
7.1
Quantrix
Report Delivery Scheduling
Oracle Hyperion
7.4
Quantrix

Data Discovery and Visualization

Oracle Hyperion
7.1
Quantrix
Pre-built visualization formats (heatmaps, scatter plots etc.)
Oracle Hyperion
6.9
Quantrix
Location Analytics / Geographic Visualization
Oracle Hyperion
7.3
Quantrix
Predictive Analytics
Oracle Hyperion
7.2
Quantrix

Access Control and Security

Oracle Hyperion
7.3
Quantrix
Multi-User Support (named login)
Oracle Hyperion
7.3
Quantrix
Role-Based Security Model
Oracle Hyperion
6.6
Quantrix
Multiple Access Permission Levels (Create, Read, Delete)
Oracle Hyperion
7.4
Quantrix
Single Sign-On (SSO)
Oracle Hyperion
7.9
Quantrix

Mobile Capabilities

Oracle Hyperion
5.6
Quantrix
Responsive Design for Web Access
Oracle Hyperion
6.1
Quantrix
Dedicated iOS Application
Oracle Hyperion
5.0
Quantrix
Dedicated Android Application
Oracle Hyperion
5.0
Quantrix
Dashboard / Report / Visualization Interactivity on Mobile
Oracle Hyperion
6.2
Quantrix

Budgeting, Planning, and Forecasting

Oracle Hyperion
8.2
Quantrix
9.5
Long-term financial planning
Oracle Hyperion
8.4
Quantrix
9.7
Financial budgeting
Oracle Hyperion
8.5
Quantrix
9.7
Forecasting
Oracle Hyperion
8.2
Quantrix
9.4
Scenario modeling
Oracle Hyperion
7.5
Quantrix
9.4
Management reporting
Oracle Hyperion
8.5
Quantrix
9.1

Consolidation and Close

Oracle Hyperion
7.8
Quantrix
8.0
Financial data consolidation
Oracle Hyperion
8.3
Quantrix
8.3
Journal entries and reports
Oracle Hyperion
7.9
Quantrix
Multi-currency management
Oracle Hyperion
8.2
Quantrix
8.4
Intercompany Eliminations
Oracle Hyperion
7.7
Quantrix
Minority Ownership
Oracle Hyperion
7.4
Quantrix
8.0
Local and consolidated reporting
Oracle Hyperion
7.8
Quantrix
8.7
Detailed Audit Trails
Oracle Hyperion
7.6
Quantrix
6.7

Financial Reporting and Compliance

Oracle Hyperion
8.2
Quantrix
8.9
Financial Statement Reporting
Oracle Hyperion
8.5
Quantrix
9.4
Management Reporting
Oracle Hyperion
8.4
Quantrix
9.1
Excel-based Reporting
Oracle Hyperion
8.9
Quantrix
Automated board and financial reporting
Oracle Hyperion
7.7
Quantrix
8.3
XBRL support for regulatory filing
Oracle Hyperion
7.5
Quantrix

Analytics

Oracle Hyperion
7.5
Quantrix
8.1
Personalized dashboards
Oracle Hyperion
8.0
Quantrix
8.6
Color-coded scorecards
Oracle Hyperion
7.3
Quantrix
6.4
KPIs
Oracle Hyperion
7.4
Quantrix
8.4
Cost and profitability analysis
Oracle Hyperion
7.8
Quantrix
8.5
Key Performance Indicator setting
Oracle Hyperion
7.2
Quantrix
8.4
Benchmarking with external data
Oracle Hyperion
7.4
Quantrix
8.1

Integration

Oracle Hyperion
8.0
Quantrix
8.5
Flat file integration
Oracle Hyperion
8.2
Quantrix
8.4
Excel data integration
Oracle Hyperion
8.5
Quantrix
8.4
Direct links to 3rd-party data sources
Oracle Hyperion
7.3
Quantrix
8.8

Pros

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

Quantrix

  • Building complex financial planning model availing of a multidimensional data structure coupled with a powerful formula language, with the immediacy and intuitiveness typical of spreadsheets
  • Implement quickly model modifications (new products, new scenarios, new time periods) simply adding new "items" to "categories" (corresponding to dimensions in a multidimensional data model)
  • Scale up models to very large datasets with very fast computation times
  • Easily import data from text files, other Quantrix models and external databases via DataLink and DataNAV
  • Save snapshots of tables computed in Quantrix to external databases via DataPush
Luca Erzegovesi | TrustRadius Reviewer

Cons

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

Quantrix

  • Hard to be critical of the Quantrix team as I know they strive to produce the best product possible. I suppose the next thing on my wish list would be the application of the new Solver functionality to be available in the Qloud.
  • A big help for new users would be a good book on transitioning from Excel or other environment into Quantrix. I know first hand it can be difficult to transition when having to learn the program through a help guide, forums and tech support. I had a lot of trial and error in my journey to producing the desired models. On one hand it was a valuable method as it taught me a lot of what not to do, but I will admit it was not the most efficient way to do things.
  • Would also love to see local user groups being formed at some point in the future. Quantrix puts on a fantastic conference once a year in beautiful Maine, but it is a big journey for someone in Southern California (and limited to one or two days a year). I would like to see some local chapters formed in different areas of the country so local Quantrix users can get together more often and collaborate (maybe a quarterly or semi-annual meetup?). Our Quantrix community is still relatively small and may be a difficult task for some areas, but is also the very reason why this would be great idea.
Jason Klinghoffer, CFA | TrustRadius Reviewer

Likelihood to Renew

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

Quantrix

No score
No answers yet
No answers on this topic

Usability

Oracle Hyperion

No score
No answers yet
No answers on this topic

Quantrix

Quantrix 8.2
Based on 1 answer
For a newbie it can be difficult until you get the hang of the system. Quantrix is a very logical system, once you understand its underlying ideas.
Franz Schumacher | TrustRadius Reviewer

Support Rating

Oracle Hyperion

Oracle Hyperion 8.0
Based on 1 answer
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

Quantrix

No score
No answers yet
No answers on this topic

Alternatives Considered

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

Quantrix

These are traditional spreadsheet-based software packages. Any trouble you have with Excel you have with these, but that is eliminated with Quantrix. Quantrix is an Excel/Access like application, but so much better because of the things I've previously described in this review.
Rich Lopez | TrustRadius Reviewer

Return on Investment

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

Quantrix

  • Capacity forecasting used to take hours to calculate with a ton of manual modifications. Quantrix has automated that so a model can be updated at any time with a click of a button
  • The accuracy of the models is incredible. It took some tweaking to add in data scubbers, but now it runs almost flawlessly
  • The confidence the management teams have in the output of the model is amazing. Before, people would question the output, have you rebuild it, and then compare. Now the report comes out and the output has high confidence.
Don Reese | TrustRadius Reviewer

Screenshots

Oracle Hyperion

Pricing Details

Oracle Hyperion

General

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

Quantrix

General

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

Rating Summary

Likelihood to Recommend

Oracle Hyperion
7.8
Quantrix
9.6

Likelihood to Renew

Oracle Hyperion
5.0
Quantrix

Usability

Oracle Hyperion
Quantrix
8.2

Support Rating

Oracle Hyperion
8.0
Quantrix

Add comparison