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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 171-180 out of 226

DB

Doug B

06/10/18

4 out of 5

Essbase primary job since 1995

What do you like best? Essbase is fast and easy to use, as a career choice it can be highly rewarding What do you dislike? Oracle has made it less easy, less efficient, and less "special" from what it used to be. Recommendations to others considering the product: It's still great, but what made it special historically has been taken away by Oracle and replaced with something rather ordinary (relative to competitive options). What problems are you solving with the product? ...

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AI

Administrator in Insurance

06/10/18

4 out of 5

Essbase Review

What do you like best? Ability to pivot decent amounts of data in excel with Smart view, as well as run complex calculations What do you dislike? Hybrid is great, but still a gap before something finally comes out with all the benefits of both BSO and ASO, but none of the drawbacks. Smartview queries against large ASO cubes tend to run slow, reports and mdx scripts run slow as well when pulling large quantities of data Recommendations to others considering the product: Go cloud ...

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AI

Administrator in Information Technology and Services

06/10/18

3.5 out of 5

Essbase - great tool to work with

What do you like best? Its very easy to install and configure. All other issues are easy to resolve because most of the workaround and solutions are readily available. What do you dislike? Sometimes the Essbase service doesn't start up. I mean it keeps on disconnecting sometimes. Maybe there's also an easier way to backup our applications. What problems are you solving with the product? What benefits have you realized? Well it serves as a good database for Planning application

NL

Noble L

06/10/18

3.5 out of 5

Powerful data model with greater flexibility

What do you like best? Powerful data structure, yet give the flexibility What do you dislike? Can be exposed through different application with lack of governance What problems are you solving with the product? What benefits have you realized? Budgeting and planning through Hyperion Planning

AI

Administrator in Insurance

06/10/18

3 out of 5

Allows us to do what we need quicker!

What do you like best? We are able to push in changes to data quickly on an ad hoc basis while planning What do you dislike? We don't do all of our planning in it!!! What problems are you solving with the product? What benefits have you realized? Effiiency

CI

Consultant in Financial Services

06/10/18

3 out of 5

evolving

What do you like best? constantly evolving, addition of new features under new technologies. sanboxing hte update to teh java api What do you dislike? the fact that oracle has not aligned essbase across is many applications, eg planning What problems are you solving with the product? What benefits have you realized? management reporting

JD

Jessica D

06/10/18

5 out of 5

It is the best product i have ever used

What do you like best? i can get my financial data pulled into analysis easily What do you dislike? timing of the pull in smartview.. big data pulls lock up and stop all other office product usage................................................................. What problems are you solving with the product? What benefits have you realized? we have tied obiee to essbase and will have oac tied to it as well. we use it to do adhoc financial analysis and produce reusable pivots

AT

Andrew T

06/10/18

5 out of 5

Gotten much better, still ways to go

What do you like best? new Web UI, default Hybrid BSO. Ability to access logs via the Web UI. Application Workbook What do you dislike? The new architecture on the server lays files in multiple places, and is usually a pain to navigate. Liked the old on-prem setup which had everything in one root Recommendations to others considering the product: stop thinking on-prem old-school ways of things, and keep an open mind. What problems are you solving with the product? What ...

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CI

Consultant in Facilities Services

06/10/18

5 out of 5

Its's essbase, what else do you need to know?

What do you like best? Essbase gives you the ability to drill into any level of you hirearchies, from any spot, to view any level of data that you want to see What do you dislike? there are very few things i dislike about essbase, but if i had to say one, it would be the limitations around duplicate member names. What problems are you solving with the product? What benefits have you realized? all of our financial reporting problems can be solved with essbase, but that is only ...

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AI

Administrator in Entertainment

06/10/18

5 out of 5

Essbase is the best!

What do you like best? Essbase provides the easiest reporting capabilites of any tool I've used. What do you dislike? Not a thing...I hae been using Essbase for nearly 20 years and haven't found anything I don't like What problems are you solving with the product? What benefits have you realized? Easy retrieval of data.

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