Top Essbase Alternatives & Competitors For 2024

Last Updated:

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.

Essbase Software Tool
idu-Concept 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
read more...
Jedox is a solution that helps organizations optimize business processes such as budgeting and forecasting through efficient planning, analysis and reporting. Easy to set up and maintain, it has the flexibility to seamlessly integrate with other sources and be tailored to specific needs and industry requirements. Through intuitive user interfaces as well as mobile accessibility, employees of all technical skill levels can work with data on a self-service basis. It provides flexible deployment options, including SaaS, public or private cloud, on-premises and hybrid.

There are four pricing plans which fulfill the varying requirements of different organizations: Essential, Business, Professional and Performance. Suitable for companies of any size, it can help small and midsize businesses make the jump from spreadsheets to a method of more accurately and transparently planning for the future. It also assists global enterprises in centralizing and streamlining their operations for greater efficiency.
read more...
IDU Concept offers real-time company-wide financial data via the internet. It streamlines the budgeting process and simplifies mundane processes. It's also available for the cloud or on-premise deployments.

Financial budgeting, forecasting, reporting, sales planning, fixed asset management and financial management are its top features. It automates processes to reduce budget cycles from months to weeks. It also effortlessly supervises machinery and other assets.
read more...
Prophix is a cloud-based corporate performance management software that helps with budgeting, forecasting, planning and reporting. A spreadsheet-style interface organizes information and allows users to evaluate financial data. Clients can manage cash flow statements, budgeting and balance sheets. A data analytics tool can be deployed both through the cloud or on-premise.

Its modules support financial and non-financial operations, including saving data and activity-based methodologies. Automate the budget submission and review process by capturing data from the general ledger and running data analytics via the cloud.
read more...
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.
read more...
$$$$$
i
$$$$$
i
$$$$$
i
$$$$$
i
$$$$$
i
$80
$160
$50
$3,000
$20,000
Per User, Monthly
Monthly
Per User, Monthly
Monthly
Annually, Quote-Based
No
No
Small 
i
Medium 
i
Large 
i
Small 
i
Medium 
i
Large 
i
Small 
i
Medium 
i
Large 
i
Small 
i
Medium 
i
Large 
i
Small 
i
Medium 
i
Large 
i
Windows
Mac
Linux
Android
Chromebook
Windows
Mac
Linux
Android
Chromebook
Windows
Mac
Linux
Android
Chromebook
Windows
Mac
Linux
Android
Chromebook
Windows
Mac
Linux
Android
Chromebook
Cloud
On-Premise
Mobile
Cloud
On-Premise
Mobile
Cloud
On-Premise
Mobile
Cloud
On-Premise
Mobile
Cloud
On-Premise
Mobile

Product Assistance

Documentation
In Person
Live Online
Videos
Webinars
Documentation
In Person
Live Online
Videos
Webinars
Documentation
In Person
Live Online
Videos
Webinars
Documentation
In Person
Live Online
Videos
Webinars
Documentation
In Person
Live Online
Videos
Webinars
Email
Phone
Chat
FAQ
Forum
Knowledge Base
24/7 Live Support
Email
Phone
Chat
FAQ
Forum
Knowledge Base
24/7 Live Support
Email
Phone
Chat
FAQ
Forum
Knowledge Base
24/7 Live Support
Email
Phone
Chat
FAQ
Forum
Knowledge Base
24/7 Live Support
Email
Phone
Chat
FAQ
Forum
Knowledge Base
24/7 Live Support

Product Ranking

#12

among all
EPM Software

#23

among all
EPM Software

#42

among all
EPM Software

#17

among all
EPM Software

#14

among all
EPM Software

Find out who the leaders are

Analyst Rating Summary

we're gathering data
90
68
91
82
we're gathering data
81
79
100
84
we're gathering data
98
96
98
100
we're gathering data
87
73
82
55
Show More Show More
Capital Expenditure Planning
Cash Management
Financial Consolidation and Reconciliation
Integration and Extensibility
Planning, Budgeting,and Forecasting
Revenue Planning
Sales Planning
Cash Management
Workforce Planning
Profitability Modelling and Analysis
Cash Management
Reports and Dashboards
Capital Expenditure Planning
Integration and Extensibility
Profitability Modelling and Analysis
Reports and Dashboards
Cash Management
Cash Management
Project Planning
Workforce Planning
Profitability Modelling and Analysis
Reports and Dashboards

Analyst Ratings for Functional Requirements Customize This Data Customize This Data

Essbase
Jedox
idu-Concept
Prophix
Jirav
+ Add Product + Add Product
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 81 98 87 93 91 97 64 88 100 100 98 79 96 73 75 75 20 28 88 74 71 69 100 98 82 85 72 100 83 100 97 98 98 84 100 55 78 71 97 100 88 80 86 100 0 25 50 75 100
0%
100%
86%
14%
86%
14%
100%
0%
86%
14%
0%
100%
100%
0%
100%
0%
100%
0%
100%
0%
0%
100%
91%
9%
73%
27%
82%
18%
55%
45%
0%
100%
93%
7%
79%
21%
86%
14%
79%
21%
0%
100%
92%
8%
77%
23%
69%
31%
69%
31%
0%
100%
100%
0%
20%
80%
100%
0%
100%
0%
0%
100%
67%
33%
33%
67%
83%
17%
100%
0%
0%
100%
88%
12%
88%
12%
100%
0%
88%
12%
0%
100%
100%
0%
80%
20%
100%
0%
80%
20%
0%
100%
100%
0%
71%
29%
100%
0%
86%
14%
0%
100%
100%
0%
71%
29%
100%
0%
100%
0%

Analyst Ratings for Technical Requirements Customize This Data Customize This Data

0%
100%
75%
25%
38%
62%
100%
0%
63%
37%

User Sentiment Summary

Great User Sentiment 444 reviews
Great User Sentiment 226 reviews
we're gathering data
Excellent User Sentiment 160 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.

88%
of users recommend this product

Jedox has a 'great' User Satisfaction Rating of 88% when considering 226 user reviews from 2 recognized software review sites.

we're gathering data
91%
of users recommend this product

Prophix has a 'excellent' User Satisfaction Rating of 91% when considering 160 user reviews from 3 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.

n/a
n/a
n/a
4.5 (14)
n/a
4.3 (232)
n/a
n/a
n/a
n/a
n/a
4.41 (113)
n/a
4.56 (73)
4.83 (12)
n/a
4.4 (113)
n/a
4.6 (73)
n/a
3.9 (212)
n/a
n/a
n/a
n/a

Awards

we're gathering data
Sales Planning Award
we're gathering data
User Favorite Award
Capital Expenditure Planning Award
Integration and Extensibility Award
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.
Show more
Excel Integration: Jedox seamlessly integrates with Excel, allowing users to leverage their existing spreadsheet skills and formulas while benefiting from enhanced data analysis and reporting capabilities. This familiarity reduces the learning curve and empowers users to quickly adapt to the platform.
OLAP Server: The integrated OLAP server enables efficient data analysis across multiple dimensions, empowering users to slice and dice information, drill down into details, and gain deeper insights from their data. This capability is particularly valuable for complex financial modeling and reporting tasks.
Web-Based Interface: Jedox offers a user-friendly web-based interface that allows access to reports and dashboards from anywhere with an internet connection. This accessibility promotes collaboration and facilitates data-driven decision-making across teams and departments.
Show more
Intuitive Interface: Users praise the platform for its user-friendly design, enabling them to easily navigate through projects, tasks, and resources.
Centralized Platform: Teams appreciate having all project-related information, from documents to communication, consolidated in one location, streamlining collaboration and reducing confusion.
Real-Time Collaboration: The platform facilitates real-time collaboration on tasks and documents, allowing team members to work together seamlessly regardless of location.
Show more
Streamlined Budgeting and Forecasting: Prophix empowers finance teams to ditch cumbersome spreadsheets and automate budgeting and forecasting processes. Users appreciate the ability to create driver-based models, perform what-if analyses, and generate forecasts quickly and accurately.
Enhanced Financial Reporting: The software's reporting capabilities are a major draw for users. Prophix simplifies the creation of visually appealing and informative financial reports, complete with dashboards and drill-down functionality. This allows stakeholders to easily access and analyze key financial data.
Show more
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.
Show more
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.
Show more
Steep Learning Curve: Many users find Jedox to be quite complex, especially those transitioning from simpler spreadsheet applications. The interface, while feature-rich, can feel overwhelming to new users due to the multitude of options and functionalities.
Performance Issues: Some users report experiencing slow performance, particularly when working with large datasets or complex models. This can hinder productivity and lead to frustration, especially for time-sensitive tasks.
Limited Mobile Functionality: The mobile app for Jedox has received criticism for its limited functionality compared to the desktop version. This can be a drawback for users who require on-the-go access to their data and models.
Cost: Jedox's pricing structure can be a barrier for smaller businesses or those with limited budgets. The cost of licenses and implementation services can add up quickly, making it a significant investment.
Show more
Difficult to Use: Some users find it challenging to navigate and use idu-Concept, particularly when it comes to finding specific information or completing tasks. They describe the interface as clunky and not intuitive.
Limited Reporting Capabilities: Users express frustration with the reporting functionality, citing limitations in customization and the types of reports available. They desire more flexibility to tailor reports to their specific needs.
Performance Issues: Slow loading times and system lag are common complaints, especially when dealing with large datasets or complex calculations. This impacts productivity and efficiency for users.
Show more
Steep Learning Curve: Prophix can be challenging for new users due to its complex interface and functionalities. The abundance of features, while beneficial for experienced users, can overwhelm beginners, leading to frustration and a longer onboarding process.
Customization Challenges: While Prophix offers customization options, they often require advanced technical knowledge or the assistance of Prophix consultants, which can be costly and time-consuming for businesses with specific needs.
Reporting Limitations: Some users find Prophix's reporting capabilities to be somewhat rigid, making it difficult to create ad-hoc reports or perform complex data analysis without extensive workarounds.
Mobile App Functionality: The mobile app's functionality is limited compared to the desktop version, restricting users' ability to perform certain tasks on the go, which can be inconvenient for remote or traveling employees.
Show more
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.
Show more

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.

Show more

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.

Show more

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.

Show more

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.

Show more

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.

Show more

Related Categories

Top Alternatives in EPM Software


Adaptive Planning

Anaplan

Board

idu-Concept

Jedox

Jirav

Kepion

OneStream

Oracle EPM

Planful

Planning Maestro

Prophix

SAP Analytics Cloud

Tagetik

Unit4 ERP

WE DISTILL IT INTO REAL REQUIREMENTS, COMPARISON REPORTS, PRICE GUIDES and more...

Compare products
Comparison Report
Just drag this link to the bookmark bar.
?
Table settings