Oracle Hyperion vs. Workday Adaptive Planning

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Oracle Hyperion
Score 7.0 out of 10
N/A
Oracle's Corporate Performance Management suite was acquired from Hyperion in 2007. Hyperion customers are encouraged to migrate to Oracle Fusion Cloud EPM.N/A
Workday Adaptive Planning
Score 8.1 out of 10
Mid-Size Companies (51-1,000 employees)
Workday Adaptive Planning(formerly Adaptive Insights) is a financial planning and reporting tool. It includes automated budgeting and forecasting, financial reporting, and other active planning capabilities, including integrations with third-party products like Salesforce.N/A
Pricing
Oracle HyperionWorkday Adaptive Planning
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
Oracle HyperionWorkday Adaptive Planning
Free Trial
NoYes
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoYes
Entry-level Setup FeeNo setup feeOptional
Additional Details
More Pricing Information
Community Pulse
Oracle HyperionWorkday Adaptive Planning
Considered Both Products
Oracle Hyperion
Chose Oracle Hyperion
It is the leading system, with the most power and flexibility of any of these. It is also the most expensive. Berkeley needs the best possible tool for this job. Questica and Workday cannot handle the number of dimensions we use. Adaptive might be a good competitor but since I …
Workday Adaptive Planning
Chose Workday Adaptive Planning
Our corporate entity using Hyperion and Adaptive is so much easier. There are several people involved in managing Hyperion where as I am the only one managing Adaptive. The ability of an end user to build a Hyperion report impossible unless you are a superuser. However, in …
Chose Workday Adaptive Planning
I have used TM1 and Hyperion in the past and I find Adaptive to be cleaner, more flexible, quicker, and more powerful. It is extremely user friendly and intuitive which means the ramp time for a new employee to feel comfortable and competent with the tool is comparably short. …
Chose Workday Adaptive Planning
Adaptive is simpler than say Hyperion. The Discovery is not as robust as PowerBI. Reporting is fairly simple but not as robust as Crystal Report ( at least the version 8-11 versions).
Chose Workday Adaptive Planning
In our evaluation process we looked at Hyperion and Cognos TM-1. The level of customization and professional services required to implement were significantly higher with these other 2 solutions. Adaptive is much easier to learn and doesn't require long term consultant …
Chose Workday Adaptive Planning

We selected Adaptive over Hyperion because Adaptive implementation involved far less IT expertise. We also did not have any involvement with other Oracle products at the time. Adaptive appeared to be an easier platform to adopt.

Judging from a short webinar of Hyperion, …

Chose Workday Adaptive Planning
There's no comparison. Adaptive hits a home run in every area. The only advantage I saw with Hyperion is the starting point for personnel planning. They give you a good tool to start with, whereas you have to build from scratch with Adaptive.
Chose Workday Adaptive Planning
Adaptive blows away Hyperion from an ease of use, functionality and performance standpoint. The reason we selected Adaptive initially was the flexibility of the tool (sheets), going from manual forecasts to a web based tool and being able to build assumptions into our budget …
Chose Workday Adaptive Planning
Adaptive provided the best solution for the price given how we wanted to deploy the solution. For our size business they appear to the be best in class solution. Host Analytics appeared to provide the same functionality, but was for a more distributed budgeting and …
Chose Workday Adaptive Planning
The main thing that sets [Workday] Adaptive [Planning] apart is the fact that it is a cloud based software, user friendly, and allows you to add to or change the model relatively easily. Hyperion is a good tool also but there is more flexibility with [Workday] Adaptive …
Chose Workday Adaptive Planning
I like how easy Essbase is to pull reports - but I think that OfficeConnect fills that gap. When looking at Hyperion vs Adaptive, I think that Adaptive's input is much easier to navigate. I like Adaptive much more. Because input is so much easier, it helps me be in the system …
Chose Workday Adaptive Planning
My previous experience was with Hyperion Essbase , a number of years ago. Comparing the products at the time I used them, I would probably rate Essbase slightly higher in terms or how powerful it was. Having said that, the upfront cost was likely tenfold for Essbase. Even if …
Chose Workday Adaptive Planning
It doesn't have the same standard fulfillment modeling as the true workforce planning products, it equals the other core HCM systems and beats them on ease of use.
Chose Workday Adaptive Planning
All of the systems have their own unique strengths and weaknesses. Workday Adaptive Planning as a system is further along in overall functionality and is a more user-friendly system compared to other EPM systems on the market.
Chose Workday Adaptive Planning
Adaptive is much more flexible and powerful for our needs. It provides a wealth of reporting tools and capabilities that Cognos simply didn't or couldn't provide. The ability to have a team of one completely implement and manage the solution for a company is not unreasonable …
Chose Workday Adaptive Planning
It's very easy as an administrator to use Adaptive.
Chose Workday Adaptive Planning
We looked at essentially three different products. Essbase (Current), Adaptive Insights, and Anaplan. We knew that Essbase wasn't the right solution for our business with historical experience, it was too difficult to forecast at the detailed business unit, department, and …
Chose Workday Adaptive Planning
NetSuite and Adaptive go well together because it automatically pulls the data into Adaptive. You can then manipulate the data once it's in NetSuite. Management reports and Dashboards are automatically updated based on the new data that is pulled in. This saves alot of time …
Chose Workday Adaptive Planning
I've used Essbase and Hyperion (the non-Essbase version) previously.
I slightly preferred Essbase to Adaptive insights from an ease of use perspective- particularly the Excel interface on Essbase. However, I simply could not justify the additional expense. So I wouldn't hesitate …
Chose Workday Adaptive Planning
Adaptive has a much better interface and usability compared to all these systems. It is also less complex, easy to configure and install, and easy to teach. Adaptive is more affordable, both short and long term.
Chose Workday Adaptive Planning
Adaptive Suite is easier to use and cheaper. It all on-line and off premise so no additional capital spent. And you don't need any assistance from IT or Developers.
Chose Workday Adaptive Planning

I have used Hyperion and TM1 solutions in the past.

Hyperion was expensive and difficult to implement, requires more technical knowledge to set up the business rules for more more hands on IT support.

Chose Workday Adaptive Planning
Adaptive's cloud-based solution suited our business model better. Its simplicity of use and ease of implementation whilst providing a robust platform made it the best choice.
Chose Workday Adaptive Planning
Adaptive Suite gave us what we needed and fit our use case perfectly. We did short list Host Analytics and they were neck and neck with Adaptive and it was a win/win for us and we would have been successful with either tool. My familiarity with Adaptive, the simplicity of …
Chose Workday Adaptive Planning
Adaptive is flexible and super fast compared to these widely used tools. Also, much easier to maintain singular vision for the team with a single source.
Top Pros
Top Cons
Features
Oracle HyperionWorkday Adaptive Planning
Budgeting, Planning, and Forecasting
Comparison of Budgeting, Planning, and Forecasting features of Product A and Product B
Oracle Hyperion
10.0
22 Ratings
7% above category average
Workday Adaptive Planning
8.7
174 Ratings
5% above category average
Long-term financial planning10.017 Ratings8.5160 Ratings
Financial budgeting10.020 Ratings9.0171 Ratings
Forecasting10.021 Ratings8.7166 Ratings
Scenario modeling10.016 Ratings8.9157 Ratings
Management reporting10.021 Ratings8.4171 Ratings
Analytics and Reporting
Comparison of Analytics and Reporting features of Product A and Product B
Oracle Hyperion
8.2
20 Ratings
0% above category average
Workday Adaptive Planning
7.7
132 Ratings
4% below category average
Personalized dashboards8.018 Ratings7.1114 Ratings
Color-coded scorecards7.115 Ratings7.394 Ratings
KPIs9.917 Ratings8.1107 Ratings
Cost and profitability analysis9.917 Ratings7.6111 Ratings
Key Performance Indicator setting8.015 Ratings7.995 Ratings
Benchmarking with external data6.013 Ratings8.366 Ratings
BI Standard Reporting
Comparison of BI Standard Reporting features of Product A and Product B
Oracle Hyperion
-
Ratings
Workday Adaptive Planning
9.3
1 Ratings
14% above category average
Pixel Perfect reports00 Ratings9.01 Ratings
Customizable dashboards00 Ratings10.01 Ratings
Report Formatting Templates00 Ratings9.01 Ratings
Ad-hoc Reporting
Comparison of Ad-hoc Reporting features of Product A and Product B
Oracle Hyperion
-
Ratings
Workday Adaptive Planning
8.0
1 Ratings
3% below category average
Drill-down analysis00 Ratings9.01 Ratings
Formatting capabilities00 Ratings7.01 Ratings
Integration with R or other statistical packages00 Ratings8.01 Ratings
Report sharing and collaboration00 Ratings8.01 Ratings
Report Output and Scheduling
Comparison of Report Output and Scheduling features of Product A and Product B
Oracle Hyperion
-
Ratings
Workday Adaptive Planning
8.0
1 Ratings
2% below category average
Publish to PDF00 Ratings8.01 Ratings
Report Versioning00 Ratings8.01 Ratings
Report Delivery Scheduling00 Ratings8.01 Ratings
Data Discovery and Visualization
Comparison of Data Discovery and Visualization features of Product A and Product B
Oracle Hyperion
-
Ratings
Workday Adaptive Planning
7.7
1 Ratings
1% above category average
Pre-built visualization formats (heatmaps, scatter plots etc.)00 Ratings7.01 Ratings
Location Analytics / Geographic Visualization00 Ratings8.01 Ratings
Predictive Analytics00 Ratings8.01 Ratings
Access Control and Security
Comparison of Access Control and Security features of Product A and Product B
Oracle Hyperion
-
Ratings
Workday Adaptive Planning
9.0
1 Ratings
3% above category average
Multi-User Support (named login)00 Ratings9.01 Ratings
Role-Based Security Model00 Ratings9.01 Ratings
Multiple Access Permission Levels (Create, Read, Delete)00 Ratings9.01 Ratings
Mobile Capabilities
Comparison of Mobile Capabilities features of Product A and Product B
Oracle Hyperion
-
Ratings
Workday Adaptive Planning
8.5
1 Ratings
6% above category average
Responsive Design for Web Access00 Ratings8.01 Ratings
Mobile Application00 Ratings8.01 Ratings
Dashboard / Report / Visualization Interactivity on Mobile00 Ratings10.01 Ratings
Consolidation and Close
Comparison of Consolidation and Close features of Product A and Product B
Oracle Hyperion
-
Ratings
Workday Adaptive Planning
7.6
140 Ratings
6% below category average
Financial data consolidation00 Ratings7.8105 Ratings
Journal entries and reports00 Ratings7.967 Ratings
Multi-currency management00 Ratings6.880 Ratings
Intercompany Eliminations00 Ratings7.659 Ratings
Minority Ownership00 Ratings7.935 Ratings
Local and consolidated reporting00 Ratings8.593 Ratings
Detailed Audit Trails00 Ratings6.9116 Ratings
Financial Reporting and Compliance
Comparison of Financial Reporting and Compliance features of Product A and Product B
Oracle Hyperion
-
Ratings
Workday Adaptive Planning
8.5
162 Ratings
3% above category average
Financial Statement Reporting00 Ratings8.7143 Ratings
Management Reporting00 Ratings8.5157 Ratings
Excel-based Reporting00 Ratings8.1156 Ratings
Automated board and financial reporting00 Ratings8.6135 Ratings
XBRL support for regulatory filing00 Ratings8.625 Ratings
Integration
Comparison of Integration features of Product A and Product B
Oracle Hyperion
-
Ratings
Workday Adaptive Planning
8.3
152 Ratings
0% below category average
Flat file integration00 Ratings8.8118 Ratings
Excel data integration00 Ratings8.1146 Ratings
Direct links to 3rd-party data sources00 Ratings8.1112 Ratings
Best Alternatives
Oracle HyperionWorkday Adaptive Planning
Small Businesses
MIP Fund Accounting
MIP Fund Accounting
Score 8.7 out of 10
IBM Planning Analytics
IBM Planning Analytics
Score 8.4 out of 10
Medium-sized Companies
Centage
Centage
Score 9.6 out of 10
Centage
Centage
Score 9.6 out of 10
Enterprises
Oracle Fusion Cloud ERP
Oracle Fusion Cloud ERP
Score 8.2 out of 10
Oracle Fusion Cloud ERP
Oracle Fusion Cloud ERP
Score 8.2 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
Oracle HyperionWorkday Adaptive Planning
Likelihood to Recommend
10.0
(23 ratings)
8.9
(203 ratings)
Likelihood to Renew
5.0
(1 ratings)
7.7
(43 ratings)
Usability
-
(0 ratings)
9.0
(109 ratings)
Availability
-
(0 ratings)
7.3
(11 ratings)
Performance
-
(0 ratings)
9.1
(5 ratings)
Support Rating
8.0
(1 ratings)
8.1
(33 ratings)
In-Person Training
-
(0 ratings)
8.2
(2 ratings)
Online Training
-
(0 ratings)
7.3
(9 ratings)
Implementation Rating
-
(0 ratings)
9.4
(27 ratings)
Configurability
-
(0 ratings)
8.2
(5 ratings)
Contract Terms and Pricing Model
-
(0 ratings)
7.3
(1 ratings)
Ease of integration
-
(0 ratings)
8.2
(8 ratings)
Product Scalability
-
(0 ratings)
8.6
(12 ratings)
Professional Services
-
(0 ratings)
8.2
(1 ratings)
Vendor post-sale
-
(0 ratings)
8.2
(4 ratings)
Vendor pre-sale
-
(0 ratings)
6.4
(4 ratings)
User Testimonials
Oracle HyperionWorkday Adaptive Planning
Likelihood to Recommend
Discontinued Products
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
Workday
Adaptive is much more versatile than most planning software, and in most ways better than Excel for planning and analytics. It is great and bringing together data from multiple sources, especially if on the Workday platform, and really allows your team to collaborate in real time without any issues unlike trying to work in Excel workbooks at the same time or needing an adminstrator to enter data for you. Power users can even update models and reports themselves and share with others. The flexibility of designing your own models is also great in allowing you to plan however granular you need and have different methods of planning for different business units but bring it all together consolidated.The reporting is the least useful feature. Yes, OfficeConnect gives you all the power of Excel and PowerPoint and is great if you can utilize it, but for now it only works on Windows when many businesses have shifted to Apple or Google platforms. Also, OfficeConnect is not fast or easy to use, like the web reports and web dashboards, which are great for quick ad-hoc reports but not great for presentation-level reports. This creates a huge disconnect in the quickness of analytics, if you want to run and show in depth analytics you'll need OfficeConnect due to the limited functionality and limited formula capabilites of Adaptive web reports which requires someone to build and maintain and refresh the OfficeConnect reports which is slow and not easily shared with other users.Also the planning functionality of the 3 sheet types have not been updated in years. Some new features or sheet types would be greatly appreciated.
Read full review
Pros
Discontinued Products
  • 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
Workday
  • It helps create dynamic plans for finances, operations and various functional units in an organization all under one platform
  • It helps in scenario modeling to help analyze various business events and report by any number of business dimensions including channel, customer or product
  • It can be integrated with any system including ERP, BI or CRM
Read full review
Cons
Discontinued Products
  • 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
Workday
  • Variable Time Roll-ups. Different entities within our company look at "years" differently, but we're only able to specify one global time roll-up for aggregating data quickly, which can lead to some confusion.
  • Administrative UI. Management of Access Rules and ordering sheets from an administrative point of view can be a bit tedious and have received less attention than other features recently.
  • List Sheet Reporting. Any sheet that is a variable list of things (like People, Capital Projects, Marketing Programs) is somewhat constrained in how it can be reported on. Adaptive provides two kinds of reports but both leave something to be desired when reporting on this kind of data.
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Likelihood to Renew
Discontinued Products
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
Workday
For one we're in way too deep to not move forward with Adaptive. We're integrated with Workday, we do a ton of reporting with Adaptive, and it's working very well for planning and forecasting. No reason to look back or change course.
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Usability
Discontinued Products
No answers on this topic
Workday
Workday Adaptive Planning has detailed online help with both articles and videos that are comprehensive. It has a lot of similarities to Excel, which most finance people are already familiar with, plus the user interface is intuitive and easy to pick up. The online support team is quick to respond and very knowledgeable.
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Reliability and Availability
Discontinued Products
No answers on this topic
Workday
There haven't been any lately. The only one issue I can think of is when there was an update in Adaptive that altered our reports. Before I realized there was an issue, Adaptive reached out to let me know, so that it could be fixed.
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Performance
Discontinued Products
No answers on this topic
Workday
All aspects of Adaptive Insights perform well. One area that I wish was quicker was integration. When importing data from Intacct our accounting ERP platform, it can sometimes take 4 hours for the import to process. The earlier imports are done, the quicker they complete. My estimate for a quick upload is about two hours.
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Support Rating
Discontinued Products
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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Workday
Whenever we have had any questions, issues, or concerns, the support has been quick and thorough. [This] allow[s] us to be able to fully resolve any issues, or be connected with the right group quickly to attain the result we were after; be it from simple formatting to adding new detailed reporting.
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In-Person Training
Discontinued Products
No answers on this topic
Workday
This was extremely helpful so that they could walk you through the model and teach you more about the complexity of various areas. It is most helpful when it is specific to your organization's model. The larger in-person trainings were helpful but they tended to be more generic and entry level. The trainings that are more tailored to your specific needs are the most helpful.
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Online Training
Discontinued Products
No answers on this topic
Workday
They often times tended to be way too generic or entry level. They would also become sales pitches to upgrade or get new Adaptive Planning products. The questions in the training would be very niche and specific to other organizations. They were rarely helpful to the group at large.
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Implementation Rating
Discontinued Products
No answers on this topic
Workday
Trust the expertise of very strong 3rd party implementers. Having deployed Adaptive at a separate company before, I thought I knew it all (hubris, I know). Fortunately, I began to (very quickly) trust the judgment of our Carlson implementation team, and they provided invaluable insights and best-in-class processes that have benefitted me and my team greatly.
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Alternatives Considered
Discontinued Products
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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Workday
Workday became our choice because it is fully web-based and easily integrates with other systems. The learning curve for Workday was shorter than that of Dynamics. The reporting tools in Workday are more user-friendly than that of Dynamics. However Workday did not have Check Printing tools which are available in Dynamics. The organization started a project to digitize all financial transactions so it was not a priority feature. When it comes to scaling up the functionalities of Workday it was much easier than Dynamics.
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Contract Terms and Pricing Model
Discontinued Products
No answers on this topic
Workday
Good read only seat access
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Scalability
Discontinued Products
No answers on this topic
Workday
We went from 2 users to 70+ users over a 2 year period of time. The application scaled wonderfully. 65 of those users were non-finance users so they were able to quickly learn the software and prepare budgets quickly and efficiently. That is the power of Adaptive and its ability to scale
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Professional Services
Discontinued Products
No answers on this topic
Workday
This is now available in house at Workday which is convenient.
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Return on Investment
Discontinued Products
  • 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.
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Workday
  • Adaptive Insights has had a positive impact on organizational expansion. With our break-even analysis we have created, what would once take place in a notebook or Excel, we have created templates and can run a conservative estimate on revenue and costs quite quickly. We have cut back on research and time on expansion by months this way, to mere hours.
  • One negative impact is the costs with implementing connections between our other ERP systems with Adaptive Insights. Currently, we would like to have near real-time data, but cannot due to the costs. Currently, I am tasked with uploading from multiple systems and this can be time consuming, especially during a close.
  • Overall, positively we have had an excellent experience. The ease of the functionality and the easy learning curve have enabled everyone on my team to have an enjoyable experience.
Read full review
ScreenShots

Workday Adaptive Planning Screenshots

Screenshot of Adaptive Planning balance sheets.Screenshot of Adaptive Discovery visuals.Screenshot of Adaptive Planning expense variance analysis report.Screenshot of Adaptive Discovery visuals with drill-down capabilities.Screenshot of Adaptive Planning in-sheet visualizations (waterfall chart)Screenshot of Sparklines are used to visualize trends and make adjustments visually