What users are saying about
196 Ratings
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Top Rated
641 Ratings
196 Ratings
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Score 7.8 out of 100

QuickBooks Desktop Pro

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Top Rated
641 Ratings
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Score 8.4 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 Pro

QuickBooks Desktop Pro is ideal for small business owners who want the option of controlling their management costs by maintaining accounting in-house with limited staff/budget. It is easy to purchase, install and use...especially for those who are not necessarily accountants by trade. I would say that above all, its simplicity is its best asset. It can perform the majority of accounting functions quickly and easily, and it counts many users...which is always an advantage in my opinion.
As a disadvantage, I would say that it does have a limit in terms of size of organization for which it be of optimal use. Its low price would be attractive to anyone when factoring accounting software costs, but the fact is that I have seen other software suites that are much more robust, and subsequently more viable for larger enterprises with more complex accounting needs....for example, multiple users, international accounting needs, etc...
Ryan Husbands, MBA, CPA | TrustRadius Reviewer

Feature Rating Comparison

BI Standard Reporting

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

Ad-hoc Reporting

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

Report Output and Scheduling

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

Data Discovery and Visualization

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

Access Control and Security

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

Mobile Capabilities

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

Budgeting, Planning, and Forecasting

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

Consolidation and Close

Oracle Hyperion
7.8
QuickBooks Desktop Pro
Financial data consolidation
Oracle Hyperion
8.3
QuickBooks Desktop Pro
Journal entries and reports
Oracle Hyperion
7.9
QuickBooks Desktop Pro
Multi-currency management
Oracle Hyperion
8.2
QuickBooks Desktop Pro
Intercompany Eliminations
Oracle Hyperion
7.7
QuickBooks Desktop Pro
Minority Ownership
Oracle Hyperion
7.4
QuickBooks Desktop Pro
Local and consolidated reporting
Oracle Hyperion
7.8
QuickBooks Desktop Pro
Detailed Audit Trails
Oracle Hyperion
7.6
QuickBooks Desktop Pro

Financial Reporting and Compliance

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

Analytics

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

Integration

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

Payroll Management

Oracle Hyperion
QuickBooks Desktop Pro
8.5
Pay calculation
Oracle Hyperion
QuickBooks Desktop Pro
8.8
Benefit plan administration
Oracle Hyperion
QuickBooks Desktop Pro
8.0
Direct deposit files
Oracle Hyperion
QuickBooks Desktop Pro
8.8
Salary revision and increment management
Oracle Hyperion
QuickBooks Desktop Pro
8.4
Reimbursement management
Oracle Hyperion
QuickBooks Desktop Pro
8.5

Customization

Oracle Hyperion
QuickBooks Desktop Pro
7.6
API for custom integration
Oracle Hyperion
QuickBooks Desktop Pro
8.0
Plug-ins
Oracle Hyperion
QuickBooks Desktop Pro
7.3

Security

Oracle Hyperion
QuickBooks Desktop Pro
8.5
Single sign-on capability
Oracle Hyperion
QuickBooks Desktop Pro
8.8
Role-based user permissions
Oracle Hyperion
QuickBooks Desktop Pro
8.2

Reporting & Analytics

Oracle Hyperion
QuickBooks Desktop Pro
8.6
Dashboards
Oracle Hyperion
QuickBooks Desktop Pro
8.4
Standard reports
Oracle Hyperion
QuickBooks Desktop Pro
8.9
Custom reports
Oracle Hyperion
QuickBooks Desktop Pro
8.4

General Ledger and Configurable Accounting

Oracle Hyperion
QuickBooks Desktop Pro
8.0
Accounts payable
Oracle Hyperion
QuickBooks Desktop Pro
8.7
Accounts receivable
Oracle Hyperion
QuickBooks Desktop Pro
8.4
Cash management
Oracle Hyperion
QuickBooks Desktop Pro
8.2
Bank reconciliation
Oracle Hyperion
QuickBooks Desktop Pro
9.3
Expense management
Oracle Hyperion
QuickBooks Desktop Pro
8.2
Time tracking
Oracle Hyperion
QuickBooks Desktop Pro
7.4
Fixed asset management
Oracle Hyperion
QuickBooks Desktop Pro
8.1
Multi-currency support
Oracle Hyperion
QuickBooks Desktop Pro
7.3
Multi-division support
Oracle Hyperion
QuickBooks Desktop Pro
7.7
Regulations compliance
Oracle Hyperion
QuickBooks Desktop Pro
7.6
Electronic tax filing
Oracle Hyperion
QuickBooks Desktop Pro
8.7
Self-service portal
Oracle Hyperion
QuickBooks Desktop Pro
7.7
Global Financial Support
Oracle Hyperion
QuickBooks Desktop Pro
7.0
Primary and Secondary Ledgers
Oracle Hyperion
QuickBooks Desktop Pro
8.4
Intercompany Accounting
Oracle Hyperion
QuickBooks Desktop Pro
7.9
Localizations
Oracle Hyperion
QuickBooks Desktop Pro
7.8
Journals and Reconciliations
Oracle Hyperion
QuickBooks Desktop Pro
8.4
Enterprise Accounting
Oracle Hyperion
QuickBooks Desktop Pro
7.7
Configurable Accounting
Oracle Hyperion
QuickBooks Desktop Pro
7.6
Centralized Rules Framework
Oracle Hyperion
QuickBooks Desktop Pro
7.7
Standardized Processes
Oracle Hyperion
QuickBooks Desktop Pro
8.6

Inventory Management

Oracle Hyperion
QuickBooks Desktop Pro
7.7
Inventory tracking
Oracle Hyperion
QuickBooks Desktop Pro
7.8
Automatic reordering
Oracle Hyperion
QuickBooks Desktop Pro
7.6
Location management
Oracle Hyperion
QuickBooks Desktop Pro
8.3
Manufacturing module
Oracle Hyperion
QuickBooks Desktop Pro
7.2

Order Management

Oracle Hyperion
QuickBooks Desktop Pro
8.1
Pricing
Oracle Hyperion
QuickBooks Desktop Pro
8.3
Order entry
Oracle Hyperion
QuickBooks Desktop Pro
8.1
Credit card processing
Oracle Hyperion
QuickBooks Desktop Pro
8.2
Cost of goods sold
Oracle Hyperion
QuickBooks Desktop Pro
8.7
Order Orchestration
Oracle Hyperion
QuickBooks Desktop Pro
8.0
End-to-end order visibility
Oracle Hyperion
QuickBooks Desktop Pro
8.0
Order exception Resolution
Oracle Hyperion
QuickBooks Desktop Pro
7.3

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 Pro

  • Inventory management with low stock indicators has made it easy to ensure I have the necessary parts and supplies I need for my jobs.
  • Time tracking and being able to invoice on that time makes it simple to bill clients for work I have performed. Prior to QuickBooks I had time that I wasn't getting paid for because I would forget to invoice for it.
  • The extensive number of reports available as well as customizations allows me to see how my sales are doing on a regular basis in different areas of the market.
Bill Greganti | 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 Pro

  • QuickBooks largest setback is the UI. It is a bit cumbersome and not entirely intuitive if you have never used QuickBooks before.
  • Occasionally QuickBooks has a hard time communicating with your bank, but it is usually fixed after a couple attempts.
  • QuickBooks does need to be bought each year to stay up to date.
Heath Achatz | 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 Pro

QuickBooks Desktop Pro 10.0
Based on 18 answers
Overall the features of PRO are just not enough to run a great company with good reporting and smooth accounting. If you're serious about getting your finances organized, step up to PREMIER or ACCOUNTANT. The small additional investment will be well worth while. And for truly world-class security and performance, please consider having your QuickBooks hosted on a virtual network. By doing this you will relieve yourself of the hassle, expense, and danger of making your own backups, protecting your QuickBooks files from viruses, and of course, getting hacked. A hosted platform will protect you from all of these things and make your QuickBooks files available to your team from anywhere in the world.
David Worrell | TrustRadius Reviewer

Usability

Oracle Hyperion

No score
No answers yet
No answers on this topic

QuickBooks Desktop Pro

QuickBooks Desktop Pro 8.2
Based on 10 answers
It does require some training to get used to, it's not really something you can figure out on your own. Every company is also going to have their own custom features. But, I feel really confident using it now after months of training and scenarios
Ariel Dunay | 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 Pro

QuickBooks Desktop Pro 9.6
Based on 8 answers
I haven't had any major issues or complaints. I think there is always room for improvement; the software isn't flawless, but it has been super helpful in creating manageable financials for our start-up business. When I have needed support help, which hasn't been real often, usually the problem is resolvable. I have occasionally had to pay extra fees for help, but nothing unreasonable.
Erika Neilson | TrustRadius Reviewer

In-Person Training

Oracle Hyperion

No score
No answers yet
No answers on this topic

QuickBooks Desktop Pro

QuickBooks Desktop Pro 10.0
Based on 1 answer
Best thing I ever did was to attend a two day training seminar on QuickBooks, I learned an immense amount in a short time with hands on training by experts. I strongly recommend such training for anyone using any part of the software. It will pay for itself in the first month.
Chuck Bunn | TrustRadius Reviewer

Implementation Rating

Oracle Hyperion

No score
No answers yet
No answers on this topic

QuickBooks Desktop Pro

QuickBooks Desktop Pro 9.0
Based on 6 answers
We implemented the software ourselves. The training we received on the software was done by taking a community course teaching us how to use QuickBooks. It allowed me to get started with some basics of how to use the program and have not needed much assistance since completing the course work.
Erika Neilson | 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 Pro

I would recommend QuickBooks Pro over QuickBooks Online for almost everyone. It is easy to learn the basics, the payroll is so much easier to use, the reports are better and easier to use. The advantages of QBP far outweigh those of QBO. When asked, I recommend QBP almost every time.
Meredith Turcotte | 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 Pro

  • By entering our bills as they arrive we get reminders when payment dates are coming due as well as making it easy to track where the money is going
  • Invoicing has made tracking money owed to us easy and cut down on having to call people looking for money owee to us.
  • Quickbooks built-in templates for invoicing & quotes we have been able to have a more professional look to present to customers
Heather Pellegrini | TrustRadius Reviewer

Pricing Details

Oracle Hyperion

General

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

QuickBooks Desktop Pro

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 Pro
8.7

Likelihood to Renew

Oracle Hyperion
5.0
QuickBooks Desktop Pro
10.0

Usability

Oracle Hyperion
QuickBooks Desktop Pro
8.2

Reliability and Availability

Oracle Hyperion
QuickBooks Desktop Pro
8.3

Support Rating

Oracle Hyperion
8.0
QuickBooks Desktop Pro
9.6

In-Person Training

Oracle Hyperion
QuickBooks Desktop Pro
10.0

Implementation Rating

Oracle Hyperion
QuickBooks Desktop Pro
9.0

Scalability

Oracle Hyperion
QuickBooks Desktop Pro
8.0

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