What users are saying about
196 Ratings
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Score 7.8 out of 100
276 Ratings
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Score 8 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

QuickBooks Desktop Premier

QuickBooks Premier is not well suited to manufacturing industries, as it cannot handle the complicated inventory requirements of raw materials, work in process, and finished goods. Retailers and Wholesalers can use QuickBooks Premier as long as they have an add-on inventory tracking program or Point of Sale system that integrates with QuickBooks. Likewise, restaurants would need specialized restaurant software that integrates with QuickBooks Premier. Non-profits can use QuickBooks Premier non-profit edition, but if they use fund accounting, it will require some complicated work-arounds. QuickBooks Premier is well-suited to most construction trades, personal and professional services providers, small retailers, and rental property owners.
Anonymous | TrustRadius Reviewer

Feature Rating Comparison

BI Standard Reporting

Oracle Hyperion
7.4
QuickBooks Desktop Premier
Pixel Perfect reports
Oracle Hyperion
7.2
QuickBooks Desktop Premier
Customizable dashboards
Oracle Hyperion
7.1
QuickBooks Desktop Premier
Report Formatting Templates
Oracle Hyperion
7.8
QuickBooks Desktop Premier

Ad-hoc Reporting

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

Report Output and Scheduling

Oracle Hyperion
6.8
QuickBooks Desktop Premier
Publish to Web
Oracle Hyperion
6.4
QuickBooks Desktop Premier
Publish to PDF
Oracle Hyperion
6.5
QuickBooks Desktop Premier
Report Versioning
Oracle Hyperion
7.1
QuickBooks Desktop Premier
Report Delivery Scheduling
Oracle Hyperion
7.4
QuickBooks Desktop Premier

Data Discovery and Visualization

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

Access Control and Security

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

Mobile Capabilities

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

Budgeting, Planning, and Forecasting

Oracle Hyperion
8.2
QuickBooks Desktop Premier
Long-term financial planning
Oracle Hyperion
8.4
QuickBooks Desktop Premier
Financial budgeting
Oracle Hyperion
8.5
QuickBooks Desktop Premier
Forecasting
Oracle Hyperion
8.2
QuickBooks Desktop Premier
Scenario modeling
Oracle Hyperion
7.5
QuickBooks Desktop Premier
Management reporting
Oracle Hyperion
8.5
QuickBooks Desktop Premier

Consolidation and Close

Oracle Hyperion
7.8
QuickBooks Desktop Premier
Financial data consolidation
Oracle Hyperion
8.3
QuickBooks Desktop Premier
Journal entries and reports
Oracle Hyperion
7.9
QuickBooks Desktop Premier
Multi-currency management
Oracle Hyperion
8.2
QuickBooks Desktop Premier
Intercompany Eliminations
Oracle Hyperion
7.6
QuickBooks Desktop Premier
Minority Ownership
Oracle Hyperion
7.4
QuickBooks Desktop Premier
Local and consolidated reporting
Oracle Hyperion
7.8
QuickBooks Desktop Premier
Detailed Audit Trails
Oracle Hyperion
7.6
QuickBooks Desktop Premier

Financial Reporting and Compliance

Oracle Hyperion
8.2
QuickBooks Desktop Premier
Financial Statement Reporting
Oracle Hyperion
8.5
QuickBooks Desktop Premier
Management Reporting
Oracle Hyperion
8.4
QuickBooks Desktop Premier
Excel-based Reporting
Oracle Hyperion
8.9
QuickBooks Desktop Premier
Automated board and financial reporting
Oracle Hyperion
7.7
QuickBooks Desktop Premier
XBRL support for regulatory filing
Oracle Hyperion
7.5
QuickBooks Desktop Premier

Analytics

Oracle Hyperion
7.5
QuickBooks Desktop Premier
Personalized dashboards
Oracle Hyperion
8.0
QuickBooks Desktop Premier
Color-coded scorecards
Oracle Hyperion
7.3
QuickBooks Desktop Premier
KPIs
Oracle Hyperion
7.4
QuickBooks Desktop Premier
Cost and profitability analysis
Oracle Hyperion
7.8
QuickBooks Desktop Premier
Key Performance Indicator setting
Oracle Hyperion
7.2
QuickBooks Desktop Premier
Benchmarking with external data
Oracle Hyperion
7.4
QuickBooks Desktop Premier

Integration

Oracle Hyperion
8.0
QuickBooks Desktop Premier
Flat file integration
Oracle Hyperion
8.2
QuickBooks Desktop Premier
Excel data integration
Oracle Hyperion
8.5
QuickBooks Desktop Premier
Direct links to 3rd-party data sources
Oracle Hyperion
7.3
QuickBooks Desktop Premier

Payroll Management

Oracle Hyperion
QuickBooks Desktop Premier
9.0
Pay calculation
Oracle Hyperion
QuickBooks Desktop Premier
8.6
Benefit plan administration
Oracle Hyperion
QuickBooks Desktop Premier
9.9
Direct deposit files
Oracle Hyperion
QuickBooks Desktop Premier
8.0
Salary revision and increment management
Oracle Hyperion
QuickBooks Desktop Premier
9.7
Reimbursement management
Oracle Hyperion
QuickBooks Desktop Premier
8.6

Customization

Oracle Hyperion
QuickBooks Desktop Premier
3.0
API for custom integration
Oracle Hyperion
QuickBooks Desktop Premier
3.0
Plug-ins
Oracle Hyperion
QuickBooks Desktop Premier
3.0

Security

Oracle Hyperion
QuickBooks Desktop Premier
6.9
Single sign-on capability
Oracle Hyperion
QuickBooks Desktop Premier
5.8
Role-based user permissions
Oracle Hyperion
QuickBooks Desktop Premier
8.0

Reporting & Analytics

Oracle Hyperion
QuickBooks Desktop Premier
8.1
Dashboards
Oracle Hyperion
QuickBooks Desktop Premier
8.2
Standard reports
Oracle Hyperion
QuickBooks Desktop Premier
8.3
Custom reports
Oracle Hyperion
QuickBooks Desktop Premier
7.8

General Ledger and Configurable Accounting

Oracle Hyperion
QuickBooks Desktop Premier
7.9
Accounts payable
Oracle Hyperion
QuickBooks Desktop Premier
8.7
Accounts receivable
Oracle Hyperion
QuickBooks Desktop Premier
8.9
Cash management
Oracle Hyperion
QuickBooks Desktop Premier
8.0
Bank reconciliation
Oracle Hyperion
QuickBooks Desktop Premier
8.5
Expense management
Oracle Hyperion
QuickBooks Desktop Premier
8.7
Time tracking
Oracle Hyperion
QuickBooks Desktop Premier
6.7
Fixed asset management
Oracle Hyperion
QuickBooks Desktop Premier
8.2
Multi-currency support
Oracle Hyperion
QuickBooks Desktop Premier
9.0
Multi-division support
Oracle Hyperion
QuickBooks Desktop Premier
7.8
Regulations compliance
Oracle Hyperion
QuickBooks Desktop Premier
7.4
Electronic tax filing
Oracle Hyperion
QuickBooks Desktop Premier
7.8
Self-service portal
Oracle Hyperion
QuickBooks Desktop Premier
8.6
Global Financial Support
Oracle Hyperion
QuickBooks Desktop Premier
8.9
Primary and Secondary Ledgers
Oracle Hyperion
QuickBooks Desktop Premier
1.7
Intercompany Accounting
Oracle Hyperion
QuickBooks Desktop Premier
9.0
Localizations
Oracle Hyperion
QuickBooks Desktop Premier
5.0
Journals and Reconciliations
Oracle Hyperion
QuickBooks Desktop Premier
8.3
Enterprise Accounting
Oracle Hyperion
QuickBooks Desktop Premier
9.9
Configurable Accounting
Oracle Hyperion
QuickBooks Desktop Premier
6.8
Centralized Rules Framework
Oracle Hyperion
QuickBooks Desktop Premier
9.9
Standardized Processes
Oracle Hyperion
QuickBooks Desktop Premier
8.6

Inventory Management

Oracle Hyperion
QuickBooks Desktop Premier
7.2
Inventory tracking
Oracle Hyperion
QuickBooks Desktop Premier
5.6
Automatic reordering
Oracle Hyperion
QuickBooks Desktop Premier
8.0
Location management
Oracle Hyperion
QuickBooks Desktop Premier
8.1
Manufacturing module
Oracle Hyperion
QuickBooks Desktop Premier
7.0

Order Management

Oracle Hyperion
QuickBooks Desktop Premier
7.3
Pricing
Oracle Hyperion
QuickBooks Desktop Premier
6.8
Order entry
Oracle Hyperion
QuickBooks Desktop Premier
8.5
Credit card processing
Oracle Hyperion
QuickBooks Desktop Premier
9.2
Cost of goods sold
Oracle Hyperion
QuickBooks Desktop Premier
8.5
Order Orchestration
Oracle Hyperion
QuickBooks Desktop Premier
7.0
End-to-end order visibility
Oracle Hyperion
QuickBooks Desktop Premier
6.1
Order exception Resolution
Oracle Hyperion
QuickBooks Desktop Premier
5.0

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

QuickBooks Desktop Premier

  • The program is easy to learn and use. We can train our clients' personnel how to use the program with out difficulty.
  • It is easy for clients to generate bills and manage accounts receivable.
  • It is easy to manage accounts payable and allows clients to pay their bills electronically.
  • Transactions can be imported electronically for credit card and banking transactions.
  • It is easy to reconcile bank and credit card accounts.
  • We can import data generated by QuickBooks into our tax and accounting software.
Anonymous | 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

QuickBooks Desktop Premier

  • I would like to be able to choose how i want to view accounts receivable aging. I would like some flexibility to sort and choose how to present the data.
  • For a seasoned accountant, I would like to see some of the restrictive controls that are in place for novices to be able to be relaxed so that I can easily make some entries and adjust some balances that ordinarily a regular user would not be able to do.
  • I would like to see an easy way to clear old outstanding checks that need to be reversed without affecting prior balances/history.
Anonymous | 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

QuickBooks Desktop Premier

QuickBooks Desktop Premier 1.4
Based on 12 answers
Because we have been extremely happy with the product and our organization tends to be creatures of habit. We rarely leave a product that works this well for the latest and greatest. Typically we follow the "if it's not broken, don't fix it rule". While QB does make changes we typically just roll with it. If we do find something we don't like we work through it until we fully understand its functionality.
Tracie Jones | TrustRadius Reviewer

Usability

Oracle Hyperion

No score
No answers yet
No answers on this topic

QuickBooks Desktop Premier

QuickBooks Desktop Premier 7.9
Based on 9 answers
Quickbooks is really easy to understand. You don't have to undergo a comprehensive training to be able to navigate through the accounting system modules.
Cristine Delos Santos | TrustRadius Reviewer

Reliability and Availability

Oracle Hyperion

No score
No answers yet
No answers on this topic

QuickBooks Desktop Premier

QuickBooks Desktop Premier 8.9
Based on 5 answers
This is very reliable software, the desktop version is fast. If there is a problem, it is most likely on your own hardware!
Silvia Evans | TrustRadius Reviewer

Performance

Oracle Hyperion

No score
No answers yet
No answers on this topic

QuickBooks Desktop Premier

QuickBooks Desktop Premier 5.7
Based on 4 answers
It takes forever to load.
Anonymous | 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

QuickBooks Desktop Premier

QuickBooks Desktop Premier 7.4
Based on 7 answers
This is an awesome product and the support team is very knowledgeable. The product is mature, so there are not a lot of bugs and the support team really solves problems quickly. Usually it is a user error issue, but the support desk helps me out. I love the fact that it is US based support.
Silvia Evans | TrustRadius Reviewer

Implementation Rating

Oracle Hyperion

No score
No answers yet
No answers on this topic

QuickBooks Desktop Premier

QuickBooks Desktop Premier 7.2
Based on 7 answers
It is important to do your research. There are tutorial videos online that could help new user of this accounting system. These tutorials are straightforward and easily understandable.
Cristine Delos Santos | TrustRadius Reviewer

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

QuickBooks Desktop Premier

QuickBooks Premier handles most of my business functions efficiently in one package. It is not my "everything." I use Replicon for time rather than QuickBooks. I don't want my WIP data interfering with my accounting. I use PaySimple for it's web interface and back office processing. I don't have security issues since I don't have any credit card data in my possession. With today's identity theft environment, I have to protect myself as much as I can. Not having credit card data in my accounting software lets me sleep much better at night. Quicken will do basic accounting but does not have all the double entry accounting systems contained in QuickBooks. QuickBooks Online does much of the basic business functions but I don't like the pricing structure. As a professional accountant, that is very important to me. Bill.com provided a good service but the ability of QuickBooks to add bills and receipts to transactions makes it redundant.
Andrea Campbell, CPA,CITP | TrustRadius Reviewer

Scalability

Oracle Hyperion

No score
No answers yet
No answers on this topic

QuickBooks Desktop Premier

QuickBooks Desktop Premier 6.2
Based on 4 answers
They're getting better. Still room for improvement.
Anonymous | 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

QuickBooks Desktop Premier

  • Since our financials are kept very up to date, it helps us compare our financial results to prior years and it is used for our internal goal setting.
  • Due to the accountant copy function, we are able to provide better service since our clients are not waiting on us to fix historical data. They can continue their operations uninterrupted.
  • The import feature certainly speeds up the process of accounting for our payroll. As previously mentioned, it takes about a minute to do our entries for payroll and check them.
John Coleman | TrustRadius Reviewer

Pricing Details

Oracle Hyperion

General

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

QuickBooks Desktop Premier

General

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

Rating Summary

Likelihood to Recommend

Oracle Hyperion
7.8
QuickBooks Desktop Premier
8.3

Likelihood to Renew

Oracle Hyperion
5.0
QuickBooks Desktop Premier
1.4

Usability

Oracle Hyperion
QuickBooks Desktop Premier
7.9

Reliability and Availability

Oracle Hyperion
QuickBooks Desktop Premier
8.9

Performance

Oracle Hyperion
QuickBooks Desktop Premier
5.7

Support Rating

Oracle Hyperion
8.0
QuickBooks Desktop Premier
7.4

Online Training

Oracle Hyperion
QuickBooks Desktop Premier
1.0

Implementation Rating

Oracle Hyperion
QuickBooks Desktop Premier
7.2

Scalability

Oracle Hyperion
QuickBooks Desktop Premier
6.2

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