Essbase vs Jirav

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Our analysts compared Essbase vs Jirav based on data from our 400+ point analysis of EPM Software, user reviews and our own crowdsourced data from our free software selection platform.

Essbase Software Tool

Product Basics

Essbase is a cloud-based enterprise performance management (EPM) solution designed for organizations of all sizes. It helps businesses automate and streamline financial consolidation, budgeting, planning, and forecasting processes. Key benefits include improved data accuracy and consistency, faster time to close, and better decision-making. Popular features include multi-dimensional analysis, workflow management, and integration with other enterprise applications. User reviews highlight its scalability, ease of use, and robust reporting capabilities. Pricing starts at a monthly subscription fee per user, with additional fees depending on features and storage requirements.

Pros
  • Scalable
  • Easy to use
  • Robust reporting
  • Fast consolidation
  • Improved data accuracy
Cons
  • Limited customization
  • Steep learning curve for advanced features
  • High cost
  • Limited integration with other applications
  • Not ideal for small businesses
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Jirav streamlines financial and analytical procedures with in-depth financial modeling. Efficient bookkeeping modules boost profitability. Construct growth predictions and gauge actuals against projections with more precision.

Centralize numerous KPIs to effectively craft budgets and predictions. It allocates plans, files and dashboards to specific editors and other users for simplified feedback. Budget, report, and dashboard and plan are top features.
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$80/User, Monthly
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Tailored to your specific needs
$20,000 Annually, Quote-Based
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Tailored to your specific needs
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Windows
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Android
Chromebook
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Mobile
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Mobile

Product Assistance

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Live Online
Videos
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Live Online
Videos
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Email
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Knowledge Base
24/7 Live Support
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24/7 Live Support

Product Insights

  • Speed-Of-Thought Processing: Through both retrospective and predictive analysis, business owners can maximize efficiency and profitability by turning data sources throughout the enterprise into usable information. It is configurable to an organization’s ongoing data needs. 
  • Scalable: Data can be partitioned, cached and processed across platforms, with integrated help from Oracle’s other processing platforms and additional optimization features. 
  • Large User Base Support: Thousands of users can access query results simultaneously without a loss in speed with its load balancing tools. These are essential for companies that are reliant on their employees being able to use and manipulate data. 
  • Easily Usable: Results can be exported to common third-party interfaces, making the data digestible to most audiences. 
  • Oracle Integration Perks: Benefit from the processing advantages of Oracle’s other products, and the company’s efforts in security, data storage, deployment and maintenance that smaller providers will have difficulty matching. 
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  • Save Time: Initiate automatic investor bundles and critical files to eliminate time using spreadsheets. 
  • Leverage Instant Access: Obtain prompt KPI and metric authorizations on comprehensive dashboards for better evaluations. 
  • Pinpoint Plan Deviations: Monitor progress against established budgets and plans to detect and resolve discrepancies as they occur. 
  • Perform What-If Models: Craft and contrast various what-if scenarios to determine ideal growth tactics and make better choices. 
  • Drill Down Into Cash Flow: Find and understand garnered profitability while predicting no-profit days and other economic benchmarks to understand gained and lost revenue. 
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  • Advanced Processing: Its extensive library of functions processes multiple data types. The High Availability Services feature allows processing to occur on several servers, lightening the workload and enabling its market-leading speeds. 
  • Conversible Data: The Outline feature helps view and alter the structures used when finding data and report as the company’s needs change. Adding/changing drivers can forecast what impacts certain decisions might have, assisting in risk management. Depending on the storage type, write-back capabilities are supported. 
  • Data Storage Options: Depending on business needs, it offers either an aggregate storage option (ASO), which allows faster data processing for large, flat dimensions, or a block storage option (BSO), which is tailored for more complex calculations on smaller data sets. 
  • Data Forecasting: View projected results, which can be used for decision making or reviewed later for efficiency and optimization management. Scenarios can be input either manually or through drivers and data. 
  • Results Delivery: Queries can be exported to several platforms, including Excel, to make data more available to less tech-savvy users. Data is presented in easy-to-understand interfaces. 
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  • Integrations: Link with systems like QuickBooks, NetSuite, Sage Intacct, Xero, Gusto, Excel and Google Sheets. 
  • Forecast
    • Centralization: Merge accounting, workforce and operational information in one financial hub to monitor progress and look ahead. 
    • Modeling: Develop simple sales forecasts or produce intricate industry-made models with tailored tables. 
    • Workforce Planning: Plot for specific new hires or roles linked to bookkeeping models. Add headcount costs, like benefits and taxes. 
  • Report and Dashboard
    • Detailed Reports: Create and exhibit interesting reports with the ideal information. 
    • User-Based Files: Tailor documents for all roles, such as employees, managers, investors and more. 
    • Collaborative Reporting: Package and allocate monthly accounting documentation to stakeholders, leaders and other vital team members. 
  • Plan
    • Custom Drivers and Formulas: Develop recipes and models to meet unique metrics. Utilize built-in drivers or make new ones. 
    • Department Budgeting: Go off of previous numbers or start brand new budgets for each budget. 
    • Expenditure Modeling: Establish capital purchase models and review associated depreciations. 
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Product Ranking

#12

among all
EPM Software

#14

among all
EPM Software

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Analyst Rating Summary

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Analyst Ratings for Functional Requirements Customize This Data Customize This Data

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Capital Expenditure Planning Cash Management Financial Consolidation And Reconciliation Planning, Budgeting,and Forecasting Platform Capabilities Profitability Modelling And Analysis Project Planning Reports And Dashboards Revenue Planning Sales Planning Workforce Planning 84 100 55 78 71 97 100 88 80 86 100 0 25 50 75 100
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User Sentiment Summary

Great User Sentiment 444 reviews
Excellent User Sentiment 12 reviews
82%
of users recommend this product

Essbase has a 'great' User Satisfaction Rating of 82% when considering 444 user reviews from 2 recognized software review sites.

97%
of users recommend this product

Jirav has a 'excellent' User Satisfaction Rating of 97% when considering 12 user reviews from 1 recognized software review sites.

4.3 (232)
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4.83 (12)
3.9 (212)
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Awards

we're gathering data

SelectHub research analysts have evaluated Jirav and concluded it earns best-in-class honors for Cash Management, Project Planning and Workforce Planning. Jirav stands above the rest by achieving an ‘Excellent’ rating as a User Favorite.

User Favorite Award
Cash Management Award
Project Planning Award
Workforce Planning Award

Synopsis of User Ratings and Reviews

Scalability: Handles large data volumes and complex models efficiently.
Robust Security: Ensures data privacy and compliance with industry standards.
Intuitive Interface: Easy to use for basic tasks, with advanced features for experienced users.
Fast Consolidation: Streamlines financial processes and reduces closing time.
Improved Data Accuracy: Provides reliable insights for informed decision-making.
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Flexible Reporting and Dashboards: Users praise Jirav for its customizable dashboards and reports, which allow them to visualize financial and operational data in ways that suit their specific needs. This flexibility makes it easier to track key performance indicators (KPIs) and gain insights into business performance.
Intuitive User Interface: Many users find Jirav's interface easy to navigate and use, even for those without extensive finance or technical backgrounds. The platform's intuitive design simplifies tasks like creating budgets, generating reports, and collaborating with team members.
Strong Integration Capabilities: Jirav integrates seamlessly with various other business applications, such as QuickBooks, Xero, and NetSuite. This connectivity streamlines data flow and reduces manual data entry, saving time and improving accuracy.
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Steep Learning Curve: Mastering advanced features requires significant training and experience.
Limited Customization: Out-of-the-box functionality may not meet specific needs without customization.
High Cost: Licensing and implementation costs can be significant, especially for large organizations.
Limited Integration with Other Applications: May require additional development effort to integrate with other business tools.
Not Ideal for Small Businesses: Feature complexity and cost may outweigh the benefits for smaller organizations.
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Reporting Limitations: Some users have expressed frustration with limitations in Jirav's reporting capabilities, particularly when it comes to complex or highly customized reports.
Learning Curve: A few users have mentioned that Jirav can have a steep learning curve, especially for those who are new to FP&A software or those accustomed to more traditional spreadsheet-based methods.
Limited Integrations: While Jirav integrates with popular accounting software, some users have pointed out that it lacks integrations with certain other business tools they use.
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Essbase is a multidimensional database with a fast querying engine and an intuitive interface. Available both in the cloud or on-premises, it enables users to build and manage analytic applications, which can be migrated to the cloud. It features a robust set of tools to perform planning, forecasting and analytics. Users can slice and dice intersections easily to find specific data. It can be integrated with Excel, enabling users to build budget and forecasting models, with ad hoc reporting capabilities. Users liked the flexibility offered when designing reports, or changing hierarchies. With access to all optimization and tuning options, users are given control of hardware utilizations and other settings. However, users complained that they needed to learn multiple languages, such as Calc scripts, MDX, business rules and Groovy, to leverage the platform’s capabilities. They also found it difficult to export data or integrate it with a data warehouse. Some users reported performance and stability issues, with rare instances of crashes and connection loss. Reviewers also complained about the low level of support provided when critical tickets are submitted, some of which are closed without providing any solution. Overall, it’s a flexible solution with a powerful calculation engine to drive business insights.

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Is Jirav a jarring experience or a smooth ride for businesses seeking EPM solutions? User reviews from the past year suggest that Jirav is a user-friendly platform that excels in financial forecasting and reporting. Many users praise its intuitive interface, making it easy to navigate and find the features they need. They also highlight its robust reporting capabilities, allowing them to generate insightful financial reports with ease. For example, users have found Jirav particularly helpful in creating detailed cash flow forecasts and budget versus actual reports, providing valuable insights into their financial performance. However, some users have pointed out limitations in Jirav's workforce planning capabilities. While it offers basic features for managing employee data, it lacks the depth and sophistication found in dedicated HR management systems. For instance, Jirav may not be suitable for organizations with complex workforce planning needs, such as those requiring detailed skills tracking or succession planning. Overall, Jirav appears to be a strong contender in the EPM market, particularly for businesses that prioritize financial planning and reporting. Its user-friendly design and robust reporting features make it a valuable tool for finance teams. However, organizations with complex workforce planning requirements may need to consider alternative solutions.

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