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Oracle Hyperion Planning VS Useful Formulas

Compare Oracle Hyperion Planning VS Useful Formulas and see what are their differences

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Oracle Hyperion Planning logo Oracle Hyperion Planning

Oracle Hyperion Planning is an Excel and web-based planning and management solution that integrates planning, forecasting and budgeting into one unified solution.

Useful Formulas logo Useful Formulas

Spreadsheet formulas to get your job done
  • Oracle Hyperion Planning Landing page
    Landing page //
    2023-10-21
  • Useful Formulas Landing page
    Landing page //
    2022-10-26

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Oracle Hyperion Planning features and specs

  • Comprehensive Planning
    Oracle Hyperion Planning offers a wide range of functionalities for detailed financial planning and budgeting, which can accommodate complex organizational needs.
  • Scalability
    The system is designed to grow with your organization, offering scalable performance that can handle increasing amounts of data and users.
  • Integration
    Seamlessly integrates with other Oracle products and a variety of third-party applications, making it easier to consolidate data and maintain consistency.
  • Advanced Analytical Capabilities
    Provides robust analytics and forecasting features, including what-if analysis, which can help organizations make more informed financial decisions.
  • User-Friendly Interface
    While complex, the platform offers a user-friendly web-based interface that allows for role-based access and easier navigation for end-users.
  • Security
    Offers strong security features, including role-based access control and data encryption, ensuring data integrity and compliance with regulatory requirements.

Possible disadvantages of Oracle Hyperion Planning

  • Cost
    The software and associated implementation costs can be very high, making it less accessible for smaller organizations.
  • Complexity
    The platform can be complex to configure and use, often requiring specialized training or support from experienced consultants.
  • Implementation Time
    Due to its complexity and the need for customization, the implementation process can be time-consuming and resource-intensive.
  • Ongoing Maintenance
    Requires continuous maintenance and updates, which can add to the overall cost and require dedicated IT resources.
  • Steep Learning Curve
    End users may face a steep learning curve due to the extensive features and functionalities, which can impact initial productivity.
  • Performance Issues
    Some users report performance issues, particularly when handling very large datasets or complex calculation processes.

Useful Formulas features and specs

  • Compatible
    Works with both Microsoft Excel and Google Sheets. You can easily switch between versions whenever you need
  • Multilangual
    Detects your spreadsheet language preferences and pastes the formula in the language you use. No need to translate anything.
  • Dynamic
    Knows where you paste it and automatically sets cell references, so you don't have to change them manually.
  • Universal
    Detects what separator you use in formulas (comma or semicolon), so you don't have to worry about it.

Analysis of Oracle Hyperion Planning

Overall verdict

  • Oracle Hyperion Planning is a strong choice for organizations seeking a comprehensive and integrated solution for financial planning and analysis. However, the implementation and maintenance may require significant investments and expertise, making it more suitable for larger enterprises with the necessary resources.

Why this product is good

  • Oracle Hyperion Planning is considered a robust enterprise performance management (EPM) solution due to its comprehensive suite of features that support financial planning, budgeting, and forecasting. It integrates well with other Oracle applications and provides powerful reporting and analytics capabilities. The solution is also scalable, supporting the needs of large enterprises, and offers flexibility with both cloud and on-premises deployment options. Additionally, its integration with Oracle Cloud Infrastructure enhances its performance and reliability.

Recommended for

  • Large enterprises looking for an integrated EPM solution
  • Organizations already invested in Oracle's suite of applications
  • Companies requiring detailed and comprehensive financial planning and analysis tools
  • Businesses that need flexible deployment options, including cloud and on-premises

Oracle Hyperion Planning videos

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Automating the Forecast with Oracle Hyperion Planning

Useful Formulas videos

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Category Popularity

0-100% (relative to Oracle Hyperion Planning and Useful Formulas)

Oracle Hyperion Planning

Useful Formulas

Data Dashboard
100 100%
Data Dashboard
0% 0
Spreadsheets
0 0%
Spreadsheets
100% 100
Financial Performance Management
100 100%
Financial Performance Management
0% 0
Office & Productivity
0 0%
Office & Productivity
100% 100

User comments

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What are some alternatives?

When comparing Oracle Hyperion Planning and Useful Formulas, you can also consider the following products

Anaplan - Planning & performance management platform

Microsoft Office Excel - Microsoft Office Excel is a commercial spreadsheet application.

Prophix Software - Prophix develops Corporate Performance Management (CPM) software that automates important financial and operational processes.

Google Sheets - Synchronizing, online-based word processor, part of Google Drive.

Adaptive Insights - Cloud-based corporate budgeting, forecasting, and reporting

LibreOffice - Calc - LibreOffice Calc is the spreadsheet program you've always needed. A fork of OpenOffice.

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