Oracle's Corporate Performance Management suite was acquired from Hyperion in 2007. Hyperion customers are encouraged to migrate to Oracle Fusion Cloud EPM.
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SAP Cloud ERP
Score 8.6 out of 10
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SAP Cloud ERP (SAP S/4HANA Cloud) is a modular ERP that enables users to run mission-critical operations in real time from anywhere, introduce new business models in any industry, and expand globally. SAP Cloud ERP is a SaaS product and can also be deployed in a hybrid landscape for quicker time to value. SAP Cloud ERP is a foundational component of the
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 …
Compared with some of the other products that had been used, Oracle Hyperion had solved the major impediment of integrating multiple ERP systems (both SAP and non-SAP) with relative ease while providing the business the leverage to analyze, comprehend, and rectify the data.
Hyperion makes it easier to create reports based on the data available on Hyperion. However is Phocas is better for drilling down information and it is also much more mobile.
None of the other products used or evaluated are available for me to select. I have used EPMware with is a competing software to DRM. I find the ROI on this tool greater then DRM. It is about a quarter of the cost and directly interfaces with multiple Hyperion applications. CXO …
Hyperion is easy to implement and maintain, low cost of ownership is also a great reason to select this product. Oracle's investment to keep the product innovations and improvements over the years is well appreciated by the users. The ease of managing integration with different …
Interim Director of Business Intelligence and Finance Systems
Chose Oracle Hyperion (legacy)
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 …
We utilize Tableau as well for reporting, but the good thing about OracleHyperion Enterprise Performance Management is it is in sync with our ledger as we utilize Oracle Ledger from our side. Tableau has a better user interface but the EPM's understanding of the data makes it …
When we were trying to decide between Oracle Hyperion and SAP BPC, the cost and functionality were pretty much the same between both products, but we decided for the Oracle solution as it was better positioned in the Gartner Magic Quadrant for consolidation softwares, and some …
Oracle has led the charge on the development of true EPM reporting. The development of rudimentary KPIs to much more complex models all can be housed and managed by Hyperion. Integrates with Office through Smartview, which provides flexibility in creating Word documents, board …
In our review, Oracle Hyperion Enterprise Performance Management stacks up pretty well against SAP Business Warehouse. The most glaring area was cost. For a product capable of the same level of reporting day in and day out, Hyperion offered the best bang for the buck. This …
Toyota has a global presence and deals with different countries and different currencies. To manage finance, this tool is the most reliable tool I found if the company has a global presence. If you deal with any tool to manage Financial matters, performance and reliability is …
We have evaluated other options in the past, and we are currently re-evaluating some of the SaaS providers due to the increased strength of those products over the last few years. However, our biggest need continues to be a very capable consolidation tool as we are …
SAP Cloud ERP
Verified User
Anonymous
Chose SAP Cloud ERP
The decision is made by the supervisor. However, we can live with that because the impact on the business is manageable. It’s not a bad idea to be prepared now, because the cloud is the future.
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.
SAP Cloud ERP is best suited for medium- to large-sized organizations seeking scalability, real-time insights, and standardized processes. It will help them streamline financial operations & core HR functions, optimize inventory management & procurement process. Its intelligent automation will help them automate repetitive, routine tasks and use machine learning for predictive analysis.
HFM is very powerful for financial consolidations .
Hyperion Planning is used to project accurate planning and thus provide the benefit to organization to do allocations and driver based planning so that it can justify the numbers based on headcount, number of stops & Revenue and thus provide valuable projections and thus help reduce the expenses.
Essbase is powerful engine helps provide analytical adhoc reporting for financial users . Performance of reporting and ease of use helps excellent customers experience when doing adhoc analysis.
Example: SAP S/4HANA Cloud helps in streamlining and automating various business processes, reducing manual efforts and errors. For instance, it can automate procurement processes, from purchase requisitions to supplier invoice processing, improving efficiency and reducing the risk of human error.
Enhanced User Experience and Interface:
Example: The system offers a user-friendly interface and enhanced user experience. It simplifies complex processes, making it easier for employees to navigate and use the system effectively. For example, the system might offer intuitive dashboards for sales teams to easily track customer orders and preferences.
Oracle Hyperion requires a lot of knowledge and expertise to be successful.
The underlying infrastructure of Oracle Hyperion is complex and can be difficult to implement.
Some of the Oracle Hyperion application servers only run on Windows. Windows can sometimes be unstable.
Oracle Hyperion application server processes are dependent on each other and need to be started in a specific order. Therefore, if certain services die on one server, it could require all services/processes in the entire Hyperion landscape to be restarted in the correct order.
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.
SAP S/4HANA Cloud provides strong reliability, compliance, and integration for finance, procurement, and project management, which are core to business operations. Its integration with analytics and AI platforms adds strategic value, making it difficult to replace. However, there may be some challenges around licensing cost, customization flexibility, and dependency on specialized skill sets
SAP Cloud ERP is a useful solution for automating and streamlining business processes. It offers modern technologies such as built-in AI, machine learning, and real-time data analytics. It offers multi-currency, multi-language support to manage international operations smoothly. It comes with a modern, role-based user interface that enhances your user experience and lets you perform tasks smoothly.
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.
The support system I find great as whenever I run into problems they rectify them quickly as possible they never reacted late the support is just up to the mark for me. They provide many solutions to the problems I faced the [technical] team support is always amazing they [listen] to mean work accordingly.
SAP requires a lot of internal and external resources to complete its successful implementation. The cloud version requires a deeper understanding of the different capabilities of the local systems (hardware) and the connection towards your local IT team. We found several problems on our systems that we couldn't foresee before the implementation and roll out.
Hyperion is easy to implement and maintain, low cost of ownership is also a great reason to select this product. Oracle's investment to keep the product innovations and improvements over the years is well appreciated by the users. The ease of managing integration with different business systems is also considered while selecting this product.
The platform utilizes advanced predictive analytics to anticipate operational bottlenecks and put them out of commission before the problems become larger. We can proactively develop effective strategies that help keep service quality in the face of unexpected changes in the market, or external disruptions, by continuously analyzing historical performance data as well as elements of the current market
We had to get the planning application designed correctly before we got a good ROI, but once we did it became well liked and highly utilized.
It has had a very positive overall impact on increasing finance literacy across campus, allowing units a better insight into their revenues and expenses and the overall planning process.
It has been an essential tool during a time where the campus needed to reduce it's budget by over 100 million dollars annually. Without this product, we would not have a way to identify, track and report on our progress reducing the budget.