Top 8 Business Performance Management Tools
AnaplanDomoOracle HyperionBoardIBM Planning AnalyticsOracle Planning and Budgeting CloudJedoxKiSSFLOW
Technical support has been good.
The solution works very well for budgeting.
One feature which I have found to be very interesting is the Beast manager, where you can create calculated fields. They are shared in one common repository so someone else can use the same calculated fields; they don't have to rewrite or reinvent the APIs.
This solution provides a more structured methodology for doing analysis than a tool like Excel. It creates a central database that keeps all information in one place.
It is very easy to use. It has got what they call a toolkit, which is a no-code development environment. You can develop a whole solution with it because it is a complete platform. There is a lot of online material that can be used as a reference. You can help yourself while developing a solution. There are some prebuilt applications in the platform environment. You can very easily customize and integrate these applications. It also has flexible scaling of machine resources, which is really great.
A lot of the platform is in-memory, so Planning Analytics can run calculations quite fast. It also offers several user interfaces. And in the newest version of Planning Analytics, there is a new one called the Planning Analytics Workspace. Maybe it could be useful for the business side.
The product has a direct plugin to Microsoft Excel.
Once you do the budget in Oracle ERP, you can upload it, but it's easier to create and manage budgets in the Oracle budgeting tool itself. For example, if you have a shortfall in the budget, it's easier to manage that and the forms, too, especially if you also have Oracle Forms Management. You can get the forms from somewhere and then transform those forms into budget heads.
The system is quite flexible. Based on our requirements, we create different cubes that can help us to do complete planning.
The most valuable feature is the performance.