Looking for alternatives to Essbase? Many users crave user-friendly and feature-rich solutions for tasks like Cash Management, Reports and Dashboards, and Profitability Modelling and Analysis. Leveraging crowdsourced data from over 1,000 real EPM Software selection projects based on 400+ capabilities, we present a comparison of Essbase to leading industry alternatives like Jedox, idu-Concept, Prophix, and Jirav.
Analyst Rating
User Sentiment
among all EPM Software
Essbase has a 'great' User Satisfaction Rating of 82% when considering 444 user reviews from 2 recognized software review sites.
Jedox has a 'great' User Satisfaction Rating of 88% when considering 226 user reviews from 2 recognized software review sites.
Prophix has a 'excellent' User Satisfaction Rating of 91% when considering 160 user reviews from 3 recognized software review sites.
Jirav has a 'excellent' User Satisfaction Rating of 97% when considering 12 user reviews from 1 recognized software review sites.
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.
Jedox has garnered a reputation for its robust data modeling capabilities and Excel integration, making it a popular choice for organizations with existing Excel-based processes. Users appreciate the familiar interface and the ability to leverage their existing Excel skills, reducing the learning curve and facilitating user adoption. The platform's strength lies in its ability to handle complex calculations and data manipulations, making it suitable for financial planning, budgeting, and forecasting tasks. However, some users find the interface outdated and less intuitive compared to modern cloud-based solutions. Additionally, while Jedox offers cloud deployment options, its on-premise roots can lead to challenges with scalability and accessibility for remote teams. When compared to competitors like Anaplan and Adaptive Insights, Jedox stands out with its powerful OLAP engine and Excel integration. This makes it a preferred choice for organizations that prioritize data analysis and manipulation capabilities. However, Jedox may fall short in terms of user-friendliness and collaboration features, where cloud-native platforms often excel. The platform's pricing structure, which can be complex and involve multiple components, is another factor that potential users should carefully consider. Ultimately, Jedox is best suited for organizations with strong Excel expertise and a need for advanced data modeling and analytical capabilities, particularly in finance and controlling departments.
User reviews from the past year suggest that idu-Concept is a powerful tool for managing EPM tasks, but it may not be the best fit for every business. Users praise idu-Concept for its ease of use and robust reporting capabilities. For example, one user noted that they were able to quickly generate reports that provided valuable insights into their company's financial performance. However, some users have reported that the software can be expensive and that the customer support is not always responsive. Compared to similar products like Anaplan, Jedox, and Planful, idu-Concept differentiates itself with its focus on providing a user-friendly experience for non-financial managers. This is important because it allows businesses to get more people involved in the budgeting and forecasting process. However, this focus on user-friendliness may come at the expense of some advanced features that are available in other products. Overall, idu-Concept is best suited for mid-sized businesses that are looking for a user-friendly EPM solution with strong reporting capabilities. Smaller businesses may find the software to be too expensive, while larger businesses may need a more feature-rich solution.
Prophix has received generally positive feedback from users over the past year, with many praising its ease of use and intuitive interface. Users with limited technical expertise found the software easy to navigate and perform tasks, such as budgeting, forecasting, and reporting. The drag-and-drop functionality and pre-built templates were particularly helpful for streamlining workflows and reducing manual data entry. Reviewers frequently compared Prophix to other EPM software options like Oracle Hyperion and SAP BPC, noting that Prophix offered a more user-friendly experience at a more affordable price point. While Prophix's user-friendliness is a significant advantage, some users noted limitations in its advanced functionality compared to more comprehensive EPM solutions. For example, complex financial modeling and scenario analysis may require additional customization or integrations with other tools. Additionally, some users expressed a desire for more robust data visualization and reporting capabilities. Despite these limitations, Prophix's core strengths lie in its ability to simplify and automate essential EPM tasks for mid-sized businesses. Its affordability and ease of use make it an attractive option for organizations seeking to improve their financial planning and analysis processes without the complexity and cost associated with enterprise-level EPM solutions. Overall, Prophix appears to be well-suited for mid-sized businesses and departments within larger organizations that require a user-friendly and affordable EPM solution. Its intuitive interface, pre-built templates, and core functionalities cater to the needs of users with varying levels of technical expertise. While it may not offer the same level of advanced functionality as some of its competitors, its ease of use and affordability make it a valuable tool for organizations looking to streamline their financial planning and analysis processes.
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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