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8.6

SpotScore

Oracle Essbase - Financial Analysis Software

Oracle Essbase Reviews in July 2026: User Ratings, Pros & Cons

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4.3

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Oracle Essbase offers custom pricing plan

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Oracle Essbase Reviews & Ratings

4.3

Very Good

Based on 326 ratings & 226 reviews

Rating Distribution

Excellent

(121)

Very Good

(90)

Good

(12)

Poor

(3)

Terible

(0)

Spotsaas Editor’s POV

Essbase is a multidimensional database built for financial planning and forecasting. Before shortlisting, verify that your team can support the deployment process—Essbase requires infrastructure planning and ongoing administration that smaller finance teams often underestimate. Test the learning curve in your demo: the tool uses multiple scripting languages ...Read more

Oracle Essbase pros and cons

  • Rapidly aggregates data and integrates with Excel, improving reporting capabilities.

  • Calculation engine handles complex hierarchies efficiently for financial analysis.

  • Ad hoc analysis is accessible through dynamic data access and a familiar interface.

  • Integrates with other tools and scales to support growing data analysis needs.

  • Steep learning curve with multiple proprietary languages and functions to master.

  • Limited ability to customize exception handling, complicating data manipulation.

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Showing 1-10 out of 226

AI

Administrator in Oil & Energy

09/15/20

5 out of 5

Essbase helps for insights into the business

What do you like best? You can quickly slice and dice data at a high level, forcing you to focus on the big picture What do you dislike? hard to drill back into transactional details What problems are you solving with the product? What benefits have you realized? Financial planning and forecasting. We can push that down to all end users instead of having a simple excel model on one persons computer

UI

User in Computer & Network Security

07/29/20

5 out of 5

Valuable accounting/financial tool that caters and fixes all accounting issues

What do you like best? Customization is very easy and reports can be extracted in simple steps. What do you dislike? The product is overall to be worth buying. Recommendations to others considering the product: Operations in different country and consolidating the accounts is a big issue for every globally run company. With this tool consolidation process can run as per the instructions and time period fedded. What problems are you solving with the product? What benefits have ...

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AI

Administrator in Insurance

06/29/20

4 out of 5

Essbase is Easy!

What do you like best? I love how easy it is to use. The depth and flexibility is fantastic. The integration with Excel is also great and makes things easy and more integrated What do you dislike? A lot of the different languages make it hard to be profiecient in knowing all of the functions . Calc scripts, MDX and business rules are a lot to have to know and keep on top of. Recommendations to others considering the product: N/A What problems are you solving with the product? ...

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CH

crystal h

09/17/19

3.5 out of 5

used for hyperion

What do you like best? this was the required DB for hperion and it satisfied the requirements for the hyperion product we are currently using What do you dislike? I find it very difficult to navigate in essbase it is a relational database and i am not as familiar with it What problems are you solving with the product? What benefits have you realized? none

JJ

Johnnie J

09/17/19

5 out of 5

Essbase over last 10 years

What do you like best? The growth in the product over the years to address business changing needs What do you dislike? Lack of relevant Integration API's without use of report scripts or MDX Recommendations to others considering the product: Understand how the product fits into an Oracle SOA to better understand the services and API options What problems are you solving with the product? What benefits have you realized? Financial analytics and what if analysis

UI

User in Government Administration

09/17/19

3.5 out of 5

Decent

What do you like best? There is potential to report on multiple subject areas and it is intuitive. What do you dislike? It is very distinct and difficult to use when different teams have different needs. What problems are you solving with the product? What benefits have you realized? Making it more useful to everyone not just for specific team uses.

AI

Administrator in E-Learning

06/28/19

5 out of 5

Essbase load rules SQL interface

What do you like best? I heard the load rules will not have the SQL interface in the future. I think it is a progress, because all that can be accomplished in the interface can be moved upstream to the SQL staging server with "views" or other features. What do you dislike? Many of the load rule interface are redundent with our upstream processing, such as search and replace or column addition/substraction. What problems are you solving with the product? What benefits have you ...

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PS

Piyush S

06/25/19

4.5 out of 5

Robust analytic tool with lots of new features

What do you like best? We use Essbase, Planning, FDMEE and HFM in our company, and we really like the data analysis ease for reporting purposes. For planning and budgeting needs Hyperion has been our buddy for last 8 years now, and we absolutly love it. We recently got into FDMEE/ODI integration too whch really widened up the horizons for enhancements. Really like all applications UTILITIES and the ease to administer data and meradata. Setting up security is robust and very simple with ...

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UI

User in Financial Services

06/25/19

3.5 out of 5

Useful reporting analytics tool

What do you like best? ability to store represent large volumes of basic data What do you dislike? difficult to customize, handle exception situations What problems are you solving with the product? What benefits have you realized? Essbase has helped with large scale finacial reporting and analytics

MG

Matthew G

06/25/19

5 out of 5

Essbase is great

What do you like best? Rapid aggregation of data in both BSO and ASO, ease of use via smartview for self-service reporting for business users, depth & flexibility of function library for writing calculations, financial intelligence. What do you dislike? Many languages to learn to achieve proficiency: Essbase calc scripting, MaxL, MDX, DOS scripting, and for advanced users, PowerShell/Java/etc. Many administration tasks seem like they could be simplified or automated. What problems ...

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Disclaimer: This research has been collated from a variety of authoritative sources. We welcome your feedback at [email protected].