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8.6

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Oracle Essbase - Financial Analysis Software

Oracle Essbase Reviews in May 2025: User Ratings, Pros & Cons

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4.3

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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)

Expert's Review

Essbase, a multidimensional database tool, has garnered positive feedback over the last 12 months for its powerful analytical engine and user-friendly interface. Users appreciate the ease of slicing and dicing data for financial planning and forecasting purposes, emphasizing its ability to provide valuable insights into business operations. The customization ...Read more

Oracle Essbase pros and cons

  • Allows for rapid aggregation of data and easy integration with Excel, enhancing reporting capabilities.

  • Provides powerful calculation engine and flexibility in managing hierarchies, ensuring efficient financial analysis.

  • Offers intuitive interface and dynamic data access, simplifying ad hoc analysis for users.

  • Scalable and easy to integrate with other tools, enhancing data analysis and reporting efficiency.

  • Steep learning curve with various languages and functions to master, posing challenges for new users.

  • Limited ability to customize and handle exception situations, impacting data manipulation and management.

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Showing 131-140 out of 226

AI

Administrator in Hospital & Health Care

06/11/18

3.5 out of 5

HFM user uses Essbase

What do you like best? I come from accounting background and HFM administration. I had to pick up Essbase administration when our expert left. Comparing the two, Essbase is much easier to build, change, even re-create is something goes wrong. We have been able to build cubes for special purposes and different hierarchies when doing it in HFM would be too difficult/time-consuming. I have also been amazed at what you can do in Smart View compared to pulling from HFM. I also love being able ...

Read more

UI

User in Biotechnology

06/11/18

3.5 out of 5

Essbase

What do you like best? Reporting capabilities. Ability to slice/dice data in anyway you want. What do you dislike? Less than ideal ability to lock/restrict users from submitting data into invalid intersections (I.e. Ad-hoc grid allows for restriction of dimensions/members) What problems are you solving with the product? What benefits have you realized? Product level profitability reporting

IC

Internal Consultant in Financial Services

06/11/18

3.5 out of 5

essbase review

What do you like best? It is powerful, providing a unique analytical capability What do you dislike? Sometimes it is a little difficult to setup. What problems are you solving with the product? What benefits have you realized? finanacial analysis

AV

Abhishek V

06/10/18

5 out of 5

12 years in Essbase

What do you like best? best OLAP product it has good analytics engine data retrieval is quick if rightly setup What do you dislike? still we need to look into cube tuning...it should have AI based on data Recommendations to others considering the product: yes What problems are you solving with the product? What benefits have you realized? Finance and Booking reporting

AI

Administrator in Insurance

06/10/18

5 out of 5

Just getting Essbase going in the cloud

What do you like best? No need to have servers in on site data center What do you dislike? Difficulty setting up VPN to secure access What problems are you solving with the product? What benefits have you realized? Financial close and forecasting

UI

User in Information Technology and Services

06/10/18

5 out of 5

Configured Properly it does vry well with organizing your data

What do you like best? I like the fact that we can pull all our data in the ESSBASE cubes for reporting, planning, Capital expenditures and workforce, integrate the data and use the information in essbase for internal and external reporting. I like the fact that we can interface data from mutipe different data sources and accomplish planning and actual report using various scenarios or versions. Absolutely love the What do you dislike? If not configured properly the refeshes and rule ...

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CI

Consultant in Information Technology and Services

06/10/18

5 out of 5

Essbase rocks

What do you like best? worlds best business logic engine. great spreadsheet interface What do you dislike? churn in interfaces. too may changes in user interfaces to accomplish the same thing. Recommendations to others considering the product: Just do it What problems are you solving with the product? What benefits have you realized? Mostly financial planning. more sophisticated logic, better data quality, shared analytics

AI

Administrator in Retail

06/10/18

5 out of 5

Major retailer benefits from Essbase analytics

What do you like best? Essbase is a great product that helped us perform complex analytics What do you dislike? Nothing, it is a great product. I would highly recommend to users looking for Analytics Recommendations to others considering the product: Great analytics product and easy to integrate with your ERP and EPM solutions What problems are you solving with the product? What benefits have you realized? Analytics and store counts for sales growth

CI

Consultant in Information Technology and Services

06/10/18

5 out of 5

Art of the possible

What do you like best? Essbase allows customers to analyze and visualize their data in a limitless manner. What do you dislike? consistency in standard dimensinality between Oracle offerings would be beneficial for companies using muliple Oracle products What problems are you solving with the product? What benefits have you realized? Planning and anlaytics, intercompany analytics, customer and product profitability

AI

Administrator in Information Technology and Services

06/10/18

5 out of 5

Change Maker

What do you like best? The ability to slice and dice data that supports various use cases. What do you dislike? I wish that Essbase and HFM were more closely integrated in terms of dimensionality. What problems are you solving with the product? What benefits have you realized? Intercompany Matching Analysis. Thanks to the speed and flexibility Essbase allows, the activity of Intercompany variance analysis is much smoother in Essbase.

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