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Oracle Hyperion Planning description
Oracle Hyperion Planning is a cloud-based planning and budgeting software designed for medium to large businesses. It helps you create budgets, develop financial forecasts, and improve decision-making through scenario modeling and analysis. As part of the larger Oracle Fusion Cloud EPM suite, it can connect with other financial systems, giving you a unified view of your company's performance. While robust, it is generally favored by larger enterprises due to its complexity.
Who is Oracle Hyperion Planning best for
Oracle Hyperion Planning is a robust cloud-based planning and budgeting solution for medium to large businesses. Users praise its Excel integration and calculation engine but note its complexity and cost. It's best for finance, IT, and marketing teams needing advanced forecasting and reporting capabilities.
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Ideal for medium to large businesses (101+ employees), especially in finance, IT, and marketing.
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Best fit for Finance, Banking & Insurance; Software, IT & Telecommunications; and Marketing & Advertising.
Oracle Hyperion Planning features
| Supported Oracle Hyperion Planning supports currency conversion for multinational financial reporting. |
| Supported Hyperion Planning offers tools for budgeting, forecasting, and financial planning, including what-if analysis. |
| Supported Hyperion Planning supports basic what-if modeling, while Cloud EPM offers more advanced scenario planning. |
Oracle Hyperion Planning reviews
We've summarised 60 Oracle Hyperion Planning reviews (Oracle Hyperion Planning Capterra reviews and Oracle Hyperion Planning G2 reviews) and summarised the main points below.
- Excellent Excel integration with Smart View.
- Robust calculation engine powered by Essbase.
- Facilitates collaboration on budgeting and forecasting.
- Automates reporting processes.
- Provides a single source of truth for financial data.
- Slow performance, especially with complex calculations or large datasets.
- Complex setup and administration, requiring specialized expertise.
- Outdated user interface, particularly the web version.
- Limited customization options, especially for reporting.
- High cost and complex licensing structure.
Oracle Hyperion Planning pricing
The commentary is based on 4 reviews from Oracle Hyperion Planning Capterra reviews and Oracle Hyperion Planning G2 reviews.
No pricing information available. It appears that pricing is handled through custom quotes, likely due to the on-premise nature of the product.
Users sentiment
Oracle Hyperion Planning alternatives
Oracle Cloud Enterprise Performance Management (EPM)Better fit for a wider range of industries including e-commerce, retail, consumer goods, manufacturing, education, real estate & construction, and energy & utilities. Offers more comprehensive features, including reporting and analytics, database integration, and compliance reporting.Read more
AnaplanBetter suited for faster-growing companies. A good Oracle Hyperion Planning competitor for organizations seeking more flexible and scalable planning solutions, especially for complex scenarios. However, it may present a steeper learning curve and potentially higher implementation costs.Read more
XeroBetter for small to medium businesses needing accounting software. Easier to use with a more user-friendly interface. Offers strong bank reconciliation and reporting features. Integrates with many business apps.Read more
PandoBetter for shipping management, particularly for manufacturing and consumer goods companies. Focuses on transportation management, rate negotiation, and cost tracking. Offers AI-driven automation and insights, unlike Hyperion's focus on financial planning. Gartner and WEF recognize Pando as a logistics leader.Read more
Oracle Project Financial Management CloudBetter for project-driven businesses needing financial management features.Read more
Oracle Hyperion Planning FAQ
What is Oracle Hyperion Planning and what does Oracle Hyperion Planning do?
Oracle Hyperion Planning is a cloud-based planning and budgeting software for medium to large businesses. It helps create budgets, forecasts, and improve decision-making with scenario modeling and analysis. Part of the Oracle Fusion Cloud EPM suite, it connects with other financial systems for a unified performance view.
How does Oracle Hyperion Planning integrate with other tools?
Oracle Hyperion Planning integrates with other Oracle applications, especially within the Oracle Fusion Cloud EPM suite. This allows for a unified view of financial data and streamlines reporting processes. It also offers excellent Excel integration through Smart View.
What the main competitors of Oracle Hyperion Planning?
Top alternatives to Oracle Hyperion Planning include IBM Planning Analytics, Oracle Cloud EPM, and Anaplan. These competitors offer similar planning, budgeting, and forecasting capabilities, often with more modern interfaces and flexible deployment options. Xero is a simpler alternative suitable for smaller businesses focused on core accounting features.
Is Oracle Hyperion Planning legit?
Yes, Oracle Hyperion Planning is a legitimate, robust cloud-based planning and budgeting software. It's a safe and popular choice particularly for larger enterprises in finance, IT, and marketing, offering excellent Excel integration and a robust calculation engine. However, be aware of potential slow performance and complex setup.
How much does Oracle Hyperion Planning cost?
I cannot find pricing details for Oracle Hyperion Planning. Contact Oracle sales for a customized quote based on your business needs and determine if the product is worth it for you.
Is Oracle Hyperion Planning customer service good?
Customer reviews indicate that Oracle Hyperion Planning's customer support is generally positive, with users highlighting excellent support from their organization's internal teams managing the tool. However, the software's complexity necessitates dedicated resources for implementation and maintenance.
Reviewed by
Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.
Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.