Oracle EPM is the complete package
March 10, 2022

Oracle EPM is the complete package

Glenn Schwartzberg | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User

Overall Satisfaction with Oracle Hyperion (discontinued)

we are using Oracle Oracle Hyperion Enterprise Performance Management for financial Close and Planning. We have merged with 6 other companies and needed a consolidated ledger. Financial Close offers that and our planning process is made easier across the divisions with Planning
  • Consolidation of multiple GLs in the Close process
  • Budgeting in multiple ways(zero based, driver based, strategic long term planning)
  • providing detailed task lists to help new planners be successful without a lot of training
  • ability to plan in web based forms or within the same form in excel
  • users most likely can not create a system themselves, it requires knowledgeable consultants to help get the most out of the system
  • Some users get frustrated because unlike excel based planning, there is structure and controls built in.
  • Shortened the close process by days
  • allowed for budgets to be done quickly freeing up resources
  • Allowed for forecast cycles to be shortened considerably using driver based forecasts
  • Allows analysts to spend more time analyzing data instead of being data entry clerks

Do you think Oracle Hyperion delivers good value for the price?

Yes

Are you happy with Oracle Hyperion's feature set?

Yes

Did Oracle Hyperion live up to sales and marketing promises?

Yes

Did implementation of Oracle Hyperion go as expected?

Yes

Would you buy Oracle Hyperion again?

Yes

Because it is a full suite of business processes, you can do most types of planning and financial close. It has processes for Financial, cash flow, Workforce, CapEx, project and strategic planning. It does not have anything for production planning

Oracle Hyperion Feature Ratings

Long-term financial planning
10
Financial budgeting
10
Forecasting
10
Scenario modeling
10
Management reporting
10
Personalized dashboards
8
Color-coded scorecards
7
KPIs
10
Cost and profitability analysis
10
Benchmarking with external data
6
Key Performance Indicator setting
8