Oracle Hyperion (legacy) vs. Prophix

Oracle Hyperion (legacy)

240 Reviews and Ratings

Prophix

308 Reviews and Ratings

Overview
Product	Rating	Most Used By	Product Summary	Starting Price
Oracle Hyperion (legacy)	Score7.5 out of 10	N/A	Oracle's Corporate Performance Management suite was acquired from Hyperion in 2007. Hyperion customers are encouraged to migrate to Oracle Fusion Cloud EPM.	N/A
Prophix	Score8.2 out of 10	Enterprise companies (1,001+ employees)	Prophix One, a Financial Performance Platform, is used to improve the speed and accuracy of decision-making within a harmonized user experience. To reduce complexity and uncertainty, the software offers automated insights and planning, budgeting, forecasting, reporting, and consolidation functionalities.	N/A

Pricing

Oracle Hyperion (legacy)

Prophix

No answers on this topic

No answers on this topic

Pricing Offerings
Oracle Hyperion (legacy)	Prophix
Free Trial
No	Yes
Free/Freemium Version
No	No
Premium Consulting/Integration Services
No	Yes

No setup fee

Optional

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Community Pulse
Key User Insights
	Oracle Hyperion (legacy)	Prophix
Considered Both Products	Discontinued Products No answer on this topic	Prophix Software Verified User Chose Prophix I used Hyperion Financial Management at my last company. Different situation as that was a larger global organization that had been on HFM for years. Prophix is much easier to configure and implement within a smaller organization. HFM may be the gold standard in financial … Incentivized Helpful? Verified User Chose Prophix I was not involved in the selection process, but I will say that Prophix is 100% easier to use than Hyperion and Cognos. It is very user friendly for those finance users who do not have a SQL background. Incentivized Helpful? Jason Schoming Manager, Finance - WorkPartners in Finance and Accounting at UPMC Health Plan (Hospital & Health Care, 10,001+ employees) Chose Prophix I haven't used Hyperion nearly as much as Prophix, but the main difference I noticed right away is the intuitive nature by which you build ad-hoc data view reports in Prophix. With Hyperion, there is a syntax that you need to know in order to build a data view. With Prophix, … Incentivized Helpful? Rob Strothkamp Corporate Controller in Finance and Accounting at Sunnen Products Company (Business Supplies & Equipment, 501-1000 employees) Chose Prophix ROI is much higher with Prophix as compared to Hyperion. Incentivized Helpful? Verified User Chose Prophix Hyperion is better in Excel, but Prophix is a better overall package. Incentivized Helpful? Verified User Chose Prophix Way less expensive with sufficient functionality. Prophix doesn't have all the bells and whistles but you also don't need a dedicated IT resource or developer to run Prophix. For a mid tier organization, in my opinion, Hyperion could be overpowered. Prophix can be easily … Incentivized Helpful? Verified User Chose Prophix Other parts of our company have used Hyperion. I have not used it but only seen it in action. From what I can tell, Prophix is a more user-friendly software and better for the base users who may not all be full accountants using the system along with us. Incentivized Helpful? David Whiteman, CPA Senior Manager Financial Reporting in Finance and Accounting at Snyder's-Lance, Inc. (Food Production, 5001-10,000 employees) Chose Prophix Prophix was as capable as Hyperion....just much cheaper and easier to deploy. Incentivized Helpful? Ben Wheeler Corporate Controller in Finance and Accounting at Myriad Genetics (Biotechnology, 1001-5000 employees) Chose Prophix Prior to implementing Prophix, Myriad used Hyperion for financial reporting and Excel for budgeting, forecasting and international consolidation. As our organization grew and our processes became more complicated we were interested in a single tool that could balance our … Helpful? Jeff Markwood Sr. Director, Corporate Planning & Finance in Finance and Accounting at FUJIFILM SonoSite, Inc. (Medical Devices, 501-1000 employees) Chose Prophix Several years ago our organization evaluated Hyperion and another competitor to Prophix. After several months of due diligence we came to the following conclusions. 1) The implementation and administrative costs of Hyperion were off the charts and much to excessive for an … Helpful? Verified User Chose Prophix We selected Prophix over Hyperion due to following: 1.) Price of implementation and ongoing costs - Prophix was significantly lower in initial setup and ongoing expenses 2.) Ease of use - Prophix can be maintained by the Finance Organization without significant support from IT Incentivized Helpful? Verified User Chose Prophix I didn't select Prophix for our company, but it does some things very well. It is way easier to set up and maintain than Hyperion and BPC, which require ongoing support from our IT department. Prophix only requires us to involve IT when we need to map new external data or … Incentivized Helpful? Verified User Chose Prophix The learning curve to understanding Prophix is far less severe than it has been with other softwares. It requires much less time in order to learn how to be a beginning user and then each progression to deeper levels of understanding is remarkably easy. I appreciate the … Incentivized Helpful? Verified User Chose Prophix The price was one of the biggest thing that had us looking at Prophix. Also how customized it could be with us. Prophix was willing to work with us as a partner and not just have us take their out of the box product, but actually create our own with them. Incentivized Helpful? Jeffrey DiOrio Director of Financial Planning and Analysis in Finance and Accounting at Echelon Supply and Service (Executive Office, 501-1000 employees) Chose Prophix We chose Prophix based on the desire to make a paradigm shift away from Excel and towards a more fully-featured web-based SaaS solution that would still allow for the utilization of Excel where it made sense. Prophix does this through an Excel add-on, while more comprehensive … Incentivized Helpful? Verified User Chose Prophix I have not used other programs. Incentivized Helpful? Verified User Chose Prophix Better drill across capabilities and easier to do quick adhoc reporting. Able to build complex allocation processes. Incentivized Helpful? Verified User Chose Prophix We also considered Hyperion but the cost and implementation complexities pushed us to Prophix. Incentivized Helpful? Andreas Loeffler Financial Systems Analyst at Boyd Coffee Company (Food & Beverages, 201-500 employees) Chose Prophix Compared to Host Analytics and Adaptive, Prophix provides more value for the dollar, especially when we deploy multiple models. Solution set is also comparably built out, so we are not missing any critical functionality. Self-maintenance by finance is also comparable to Host … Incentivized Helpful? William Van Hulzen Manager of Consolidations and Reporting in Finance and Accounting at Schumacher Electric Corporation (Consumer Goods, 1001-5000 employees) Chose Prophix Initial presentation was effective at showing how prophix could be used to solve our problems. It was also a cost effective solution. Prophix handles the planning and forecasting process along with the financial reporting. Most BI modules or add-ons are good at allowing … Incentivized Helpful? Rob Strothkamp Corporate Controller in Finance and Accounting at Ronnoco Holdings, Inc. (Food & Beverages, 201-500 employees) Chose Prophix Hyperion was cost prohibitive for a company our size, and was eliminated early in the process. We evaluated Budget Maestro and Adaptive Planning prior to purchasing Prophix, but decided on Prophix due to combination of lowest cost to implement/maintain, most intuitive … Incentivized Helpful? Carl Evans Senior Financial Analyst in Information Technology at Infogroup (Information Services, 1001-5000 employees) Chose Prophix Prophix modeling is more flexible and customer support is more responsive. End users are empowered with ease of functionality that is lacking in the bigger brands. Design is more attentive to user feedback. Incentivized Helpful? Dean Spencer Vice President - Information Technology in Information Technology at Crescent Communities (Real Estate, 51-200 employees) Chose Prophix We worked with a consulting firm in our selection process and based on our company size and budget Prophix was the best fit. Incentivized Helpful? Janet Thomas Controller in Finance and Accounting at Consolidated Systems, Inc. (Mining & Metals, 201-500 employees) Chose Prophix These products did not provide comparable applications and functionality for the cost. Their cost either greatly exceeded Prophix and the functionality did not justify the cost difference or the functionality did not compare. For the most expensive option, the enormous IT … Incentivized Helpful?
	Would buy again
	No answers on this topic	No answers on this topic
	Delivers good value for the price
	No answers on this topic	No answers on this topic
	Happy with the feature set
	No answers on this topic	No answers on this topic
	Lived up to sales and marketing promises
	No answers on this topic	No answers on this topic
	Implementation went as expected
No answers on this topic	No answers on this topic

Features

Oracle Hyperion (legacy)

Prophix

Comparison of Budgeting, Planning, and Forecasting features of Oracle Hyperion (legacy) and Prophix
Feature	Oracle Hyperion (legacy) 10.0 22 Ratings	Prophix 8.5 202 Ratings
Long-term financial planning	10.017 Ratings	8.9167 Ratings
Financial budgeting	10.020 Ratings	9.1197 Ratings
Forecasting	10.021 Ratings	8.1189 Ratings
Scenario modeling	10.016 Ratings	7.8153 Ratings
Management reporting	10.021 Ratings	8.8192 Ratings

Comparison of Analytics and Reporting features of Oracle Hyperion (legacy) and Prophix
Feature	Oracle Hyperion (legacy) 8.2 20 Ratings	Prophix 6.0 169 Ratings
Personalized dashboards	8.018 Ratings	7.5156 Ratings
Color-coded scorecards	7.115 Ratings	5.2114 Ratings
KPIs	9.917 Ratings	5.9124 Ratings
Cost and profitability analysis	9.917 Ratings	5.8124 Ratings
Key Performance Indicator setting	8.015 Ratings	6.099 Ratings
Benchmarking with external data	6.013 Ratings	5.967 Ratings

Comparison of BI Standard Reporting features of Oracle Hyperion (legacy) and Prophix
Feature	Oracle Hyperion (legacy) - Ratings	Prophix 5.7 16 Ratings
Pixel Perfect reports	00 Ratings	5.03 Ratings
Customizable dashboards	00 Ratings	5.415 Ratings
Report Formatting Templates	00 Ratings	6.615 Ratings

Comparison of Ad-hoc Reporting features of Oracle Hyperion (legacy) and Prophix
Feature	Oracle Hyperion (legacy) - Ratings	Prophix 8.5 104 Ratings
Drill-down analysis	00 Ratings	9.0103 Ratings
Formatting capabilities	00 Ratings	7.5101 Ratings
Report sharing and collaboration	00 Ratings	8.998 Ratings

Comparison of Report Output and Scheduling features of Oracle Hyperion (legacy) and Prophix
Feature	Oracle Hyperion (legacy) - Ratings	Prophix 8.3 96 Ratings
Publish to PDF	00 Ratings	8.691 Ratings
Report Versioning	00 Ratings	7.571 Ratings
Report Delivery Scheduling	00 Ratings	8.883 Ratings

Comparison of Data Discovery and Visualization features of Oracle Hyperion (legacy) and Prophix
Feature	Oracle Hyperion (legacy) - Ratings	Prophix 4.1 39 Ratings
Predictive Analytics	00 Ratings	4.139 Ratings

Comparison of Access Control and Security features of Oracle Hyperion (legacy) and Prophix
Feature	Oracle Hyperion (legacy) - Ratings	Prophix 8.9 99 Ratings
Multi-User Support (named login)	00 Ratings	9.096 Ratings
Role-Based Security Model	00 Ratings	9.096 Ratings
Multiple Access Permission Levels (Create, Read, Delete)	00 Ratings	9.099 Ratings
Report-Level Access Control	00 Ratings	8.440 Ratings

Comparison of Mobile Capabilities features of Oracle Hyperion (legacy) and Prophix
Feature	Oracle Hyperion (legacy) - Ratings	Prophix 7.5 52 Ratings
Responsive Design for Web Access	00 Ratings	7.552 Ratings

Comparison of Consolidation and Close features of Oracle Hyperion (legacy) and Prophix
Feature	Oracle Hyperion (legacy) - Ratings	Prophix 7.7 163 Ratings
Financial data consolidation	00 Ratings	8.8133 Ratings
Journal entries and reports	00 Ratings	9.081 Ratings
Multi-currency management	00 Ratings	6.866 Ratings
Intercompany Eliminations	00 Ratings	6.678 Ratings
Minority Ownership	00 Ratings	6.732 Ratings
Local and consolidated reporting	00 Ratings	8.7116 Ratings
Detailed Audit Trails	00 Ratings	7.596 Ratings

Comparison of Financial Reporting and Compliance features of Oracle Hyperion (legacy) and Prophix
Feature	Oracle Hyperion (legacy) - Ratings	Prophix 7.9 193 Ratings
Financial Statement Reporting	00 Ratings	9.1175 Ratings
Management Reporting	00 Ratings	8.7187 Ratings
Excel-based Reporting	00 Ratings	7.9171 Ratings
Automated board and financial reporting	00 Ratings	8.4149 Ratings
XBRL support for regulatory filing	00 Ratings	5.28 Ratings

Comparison of Integration features of Oracle Hyperion (legacy) and Prophix
Feature	Oracle Hyperion (legacy) - Ratings	Prophix 8.4 189 Ratings
Flat file integration	00 Ratings	8.9152 Ratings
Excel data integration	00 Ratings	8.6166 Ratings
Direct links to 3rd-party data sources	00 Ratings	7.7144 Ratings

User Ratings
	Oracle Hyperion (legacy)	Prophix
Likelihood to Recommend	10.0 (23 ratings)	7.9 (220 ratings)
Likelihood to Renew	5.0 (1 ratings)	10.0 (16 ratings)
Usability	- (0 ratings)	8.1 (44 ratings)
Availability	- (0 ratings)	10.0 (29 ratings)
Performance	- (0 ratings)	9.9 (28 ratings)
Support Rating	8.0 (1 ratings)	8.2 (121 ratings)
In-Person Training	- (0 ratings)	10.0 (11 ratings)
Online Training	- (0 ratings)	10.0 (13 ratings)
Implementation Rating	- (0 ratings)	9.0 (19 ratings)
Configurability	- (0 ratings)	9.0 (11 ratings)
Ease of integration	- (0 ratings)	8.6 (29 ratings)
Product Scalability	- (0 ratings)	10.0 (26 ratings)
Vendor post-sale	- (0 ratings)	8.5 (23 ratings)
Vendor pre-sale	- (0 ratings)	7.5 (21 ratings)