196 Ratings
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Score 7.8 out of 100
1 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

SAP Profitability and Performance Management

PAPM is well suited for use cases requiring complex profitability and cost modeling where large volumes of detailed data are required. It executes calculations and allocation very rapidly at whatever level of detail is required (customer, product number, etc.). PAPM is not a reporting tool. Although it has some basic reporting functionality, the results of the models executed in PAPM need to be written to a HANA database to be accessed by reporting and analytics tools such as SAC, Tableau, or Business Objects.
Robert Harper | TrustRadius Reviewer

Feature Rating Comparison

BI Standard Reporting

Oracle Hyperion
7.4
SAP Profitability and Performance Management
Pixel Perfect reports
Oracle Hyperion
7.2
SAP Profitability and Performance Management
Customizable dashboards
Oracle Hyperion
7.1
SAP Profitability and Performance Management
Report Formatting Templates
Oracle Hyperion
7.8
SAP Profitability and Performance Management

Ad-hoc Reporting

Oracle Hyperion
7.6
SAP Profitability and Performance Management
6.5
Drill-down analysis
Oracle Hyperion
8.3
SAP Profitability and Performance Management
8.0
Formatting capabilities
Oracle Hyperion
7.7
SAP Profitability and Performance Management
5.0
Integration with R or other statistical packages
Oracle Hyperion
7.3
SAP Profitability and Performance Management
Report sharing and collaboration
Oracle Hyperion
7.0
SAP Profitability and Performance Management

Report Output and Scheduling

Oracle Hyperion
6.8
SAP Profitability and Performance Management
Publish to Web
Oracle Hyperion
6.4
SAP Profitability and Performance Management
Publish to PDF
Oracle Hyperion
6.5
SAP Profitability and Performance Management
Report Versioning
Oracle Hyperion
7.1
SAP Profitability and Performance Management
Report Delivery Scheduling
Oracle Hyperion
7.4
SAP Profitability and Performance Management

Data Discovery and Visualization

Oracle Hyperion
7.1
SAP Profitability and Performance Management
6.5
Pre-built visualization formats (heatmaps, scatter plots etc.)
Oracle Hyperion
6.9
SAP Profitability and Performance Management
8.0
Location Analytics / Geographic Visualization
Oracle Hyperion
7.3
SAP Profitability and Performance Management
5.0
Predictive Analytics
Oracle Hyperion
7.2
SAP Profitability and Performance Management

Access Control and Security

Oracle Hyperion
7.3
SAP Profitability and Performance Management
9.0
Multi-User Support (named login)
Oracle Hyperion
7.3
SAP Profitability and Performance Management
9.0
Role-Based Security Model
Oracle Hyperion
6.6
SAP Profitability and Performance Management
9.0
Multiple Access Permission Levels (Create, Read, Delete)
Oracle Hyperion
7.4
SAP Profitability and Performance Management
9.0
Single Sign-On (SSO)
Oracle Hyperion
7.9
SAP Profitability and Performance Management
9.0

Mobile Capabilities

Oracle Hyperion
5.6
SAP Profitability and Performance Management
Responsive Design for Web Access
Oracle Hyperion
6.1
SAP Profitability and Performance Management
Dedicated iOS Application
Oracle Hyperion
5.0
SAP Profitability and Performance Management
Dedicated Android Application
Oracle Hyperion
5.0
SAP Profitability and Performance Management
Dashboard / Report / Visualization Interactivity on Mobile
Oracle Hyperion
6.2
SAP Profitability and Performance Management

Budgeting, Planning, and Forecasting

Oracle Hyperion
8.2
SAP Profitability and Performance Management
8.0
Long-term financial planning
Oracle Hyperion
8.4
SAP Profitability and Performance Management
8.0
Financial budgeting
Oracle Hyperion
8.5
SAP Profitability and Performance Management
8.0
Forecasting
Oracle Hyperion
8.2
SAP Profitability and Performance Management
8.0
Scenario modeling
Oracle Hyperion
7.5
SAP Profitability and Performance Management
7.0
Management reporting
Oracle Hyperion
8.5
SAP Profitability and Performance Management
9.0

Consolidation and Close

Oracle Hyperion
7.8
SAP Profitability and Performance Management
7.7
Financial data consolidation
Oracle Hyperion
8.3
SAP Profitability and Performance Management
Journal entries and reports
Oracle Hyperion
7.9
SAP Profitability and Performance Management
7.0
Multi-currency management
Oracle Hyperion
8.2
SAP Profitability and Performance Management
7.0
Intercompany Eliminations
Oracle Hyperion
7.7
SAP Profitability and Performance Management
Minority Ownership
Oracle Hyperion
7.4
SAP Profitability and Performance Management
Local and consolidated reporting
Oracle Hyperion
7.8
SAP Profitability and Performance Management
Detailed Audit Trails
Oracle Hyperion
7.6
SAP Profitability and Performance Management
9.0

Financial Reporting and Compliance

Oracle Hyperion
8.2
SAP Profitability and Performance Management
8.0
Financial Statement Reporting
Oracle Hyperion
8.5
SAP Profitability and Performance Management
Management Reporting
Oracle Hyperion
8.4
SAP Profitability and Performance Management
8.0
Excel-based Reporting
Oracle Hyperion
8.9
SAP Profitability and Performance Management
8.0
Automated board and financial reporting
Oracle Hyperion
7.7
SAP Profitability and Performance Management
XBRL support for regulatory filing
Oracle Hyperion
7.5
SAP Profitability and Performance Management

Analytics

Oracle Hyperion
7.5
SAP Profitability and Performance Management
8.3
Personalized dashboards
Oracle Hyperion
8.0
SAP Profitability and Performance Management
Color-coded scorecards
Oracle Hyperion
7.3
SAP Profitability and Performance Management
KPIs
Oracle Hyperion
7.4
SAP Profitability and Performance Management
8.0
Cost and profitability analysis
Oracle Hyperion
7.8
SAP Profitability and Performance Management
9.0
Key Performance Indicator setting
Oracle Hyperion
7.2
SAP Profitability and Performance Management
Benchmarking with external data
Oracle Hyperion
7.4
SAP Profitability and Performance Management
8.0

Integration

Oracle Hyperion
8.0
SAP Profitability and Performance Management
8.0
Flat file integration
Oracle Hyperion
8.2
SAP Profitability and Performance Management
8.0
Excel data integration
Oracle Hyperion
8.5
SAP Profitability and Performance Management
8.0
Direct links to 3rd-party data sources
Oracle Hyperion
7.3
SAP Profitability and Performance Management
8.0

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

SAP Profitability and Performance Management

  • Data enrichment (complex joins, lookups, and derivations).
  • Complex allocations and calculations.
  • Operates at a very high speed without disrupting the host HANA environment.
  • Connectivity to BW HANA and BPC.
Robert Harper | 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

SAP Profitability and Performance Management

  • Connectivity to SAP Analytics Cloud (this is supposedly on SAP's roadmaps to deliver in 2020).
  • The new tool has some bugs and quirks that need to be worked out. SAP is delivering enhancements on a regular basis.
  • Reports and queries.
  • Model Flow diagramming could work better and be visible for download or printing for training and MOC purposes.
  • Documentation is weak, both in system help screens and user manuals need to be more detailed.
Robert Harper | 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

SAP Profitability and Performance Management

No score
No answers yet
No answers on this topic

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

SAP Profitability and Performance Management

SAP Profitability and Performance Management 7.0
Based on 1 answer
We did get excellent support from SAP during our implementation project. We will see about the SAP support over the long term.
Robert Harper | 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

SAP Profitability and Performance Management

No answers on this topic

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

SAP Profitability and Performance Management

  • Will lower IT costs by enabling business analysts to create and execute complex profitability and cost models.
  • Will improve the velocity of period close and reporting cycles by executing complex allocations and calculations much more quickly than tools such as CO or COPA.
  • Lowers cost by reducing requirements for ETL development and data replication.
Robert Harper | TrustRadius Reviewer

Screenshots

Pricing Details

Oracle Hyperion

General

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

SAP Profitability and Performance Management

General

Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
Yes
Entry-level set up fee?
Required

Rating Summary

Likelihood to Recommend

Oracle Hyperion
7.8
SAP Profitability and Performance Management
8.0

Likelihood to Renew

Oracle Hyperion
5.0
SAP Profitability and Performance Management

Support Rating

Oracle Hyperion
8.0
SAP Profitability and Performance Management
7.0

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