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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 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 221-226 out of 226

CI

Consultant in Financial Services

07/15/16

4.5 out of 5

Hyperion Essbase for Financial Analysis

What do you like best? Once you are comfortable using Hyperion Essbase, it is an extremely simple and useful tool to use to obtain needed data. I like that you are able to suppress items such as missing rows or rows with no data present. You can tailor a spreadsheet to easily see only the data you need. What do you dislike? Depending on the size of the data set, Essbase often takes a considerable amount of time to run. Recommendations to others considering the product: It is a ...

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UI

User in Information Technology and Services

06/16/16

4 out of 5

Hyperion Essbase review

What do you like best? Essbase has a very fast query response time for very large datasets. Used the tool for our month-end financial reporting. What do you dislike? Oracle support could be better. Learning curve is steep. Recommendations to others considering the product: Develop a very good implementation plan and prepare to define month-end financial reporting goals in advance What problems are you solving with the product? What benefits have you realized? Month-end ...

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ES

Executive Sponsor in Real Estate

02/08/16

3.5 out of 5

Very Powerfull Ad Hoc analysis

What do you like best? The ability to drill into and slice data in a variety of ways through familiar tools (Excel) makes the tool easy to adopt and delivers value from day one. What do you dislike? Some of the due diligence needed to identify the facts and dimensions of your data up front are very time consuming and require the input of wide swaths of the organization to get right. Recommendations to others considering the product: The right integrator is crucial to a ...

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PR

Patrick R

11/05/15

5 out of 5

Power User of Essbase Excel Add-In Tool

What do you like best? Essbase is a very useful tool in financial reporting. I use it every period to create 4 different company-wide reporting decks on channel, customer and product performance. Essbase is a multi-dimensional database, while not as easy to use as a relational database it is very simple to pull many granular intersections of data. What do you dislike? The time required to update the database at the end of every period is longer than I would like. I know there are ...

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U

User

08/18/14

3 out of 5

Essbase Review

What do you like best? Essbase allows users to easily query a selected dataset from a very large database. The entire interface is built as an add-on to Excel, which requires very little learning curve for someone that doesn’t know any SQL. Essbase also provides users a list of helpful shortcuts that speed up the data retrieval process. What do you dislike? The Essbase Excel add-on is optimized for Office 2003, which is over 10 years old. When my company upgraded its Office Suites ...

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HW

Harry W

06/26/14

1.5 out of 5

Useful for what it does but buggy and small in scale

What do you like best? The Essbase database is very powerful and you can easily retrieve the data on an Excel interface. What do you dislike? The interface is prone to bugs and you can easily corrupt your spreadsheets when you try to retrieve a large amount of data. Also the required maintenance level is high and you often experience outages. Moreover, for data loads, you don't see your loaded data right away, but instead you have to wait overnight before you can see your loaded data. ...

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