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Oracle Hyperion Planning VS Vivid Reports CPM

Compare Oracle Hyperion Planning VS Vivid Reports CPM 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.

Vivid Reports CPM logo Vivid Reports CPM

Vivid Reports CPM solutions provides a sophisticated reporting framework that delivers processing speed, ease of use and security.
  • Oracle Hyperion Planning Landing page
    Landing page //
    2023-10-21
  • Vivid Reports CPM Landing page
    Landing page //
    2019-06-14

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.

Vivid Reports CPM features and specs

  • Customization
    Vivid Reports CPM offers a high level of customization, allowing users to tailor reports and dashboards to meet their specific business needs.
  • Integration
    The solution integrates well with existing ERP systems, which helps in seamless data import and export processes.
  • User-Friendly Interface
    The platform is designed to be intuitive, making it easier for non-technical users to navigate and utilize the tool effectively.
  • Real-Time Data
    Vivid Reports CPM provides real-time data updates, enabling businesses to make informed decisions quickly.
  • Comprehensive Functionality
    Offers a broad range of features such as budgeting, forecasting, and financial reporting, which can cover diverse business needs.

Possible disadvantages of Vivid Reports CPM

  • Cost
    The solution might be costly for small businesses due to its extensive feature set.
  • Complexity for Beginners
    While powerful, it might have a steep learning curve for users who are new to business performance management tools.
  • Limited Mobile Support
    The platform may not offer robust mobile support, limiting accessibility for users who prefer working on mobile devices.
  • Implementation Time
    The setup and implementation process can be time-consuming, requiring significant planning and resources, especially for larger organizations.

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

Vivid Reports CPM videos

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Category Popularity

0-100% (relative to Oracle Hyperion Planning and Vivid Reports CPM)

Oracle Hyperion Planning

Vivid Reports CPM

Data Dashboard
78 78%
Data Dashboard
22% 22
Software Development
62 62%
Software Development
38% 38
Financial Performance Management
74 74%
Financial Performance Management
26% 26
Development
100 100%
Development
0% 0

User comments

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What are some alternatives?

When comparing Oracle Hyperion Planning and Vivid Reports CPM, you can also consider the following products

Anaplan - Planning & performance management platform

OneStreamXF - OneStream XF Corporate Performance Management Platform quickly and easily aligns to your business changes by leveraging core financial consolidation, planning, data quality and financial reporting capabilities.

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

Axiom EPM - Axiom EPM is a cloud technology platform for long-range planning, budgeting, forecasting, reporting, financial consolidations, and more.

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

Tagetik - Tagetik offers a unified Corporate Performance Management software solution for budgeting, planning, consolidation, monthly close, and more.

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