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8.6

Spot Score

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 91-100 out of 226

JF

Jayne F

06/11/18

5 out of 5

great application using for many years

What do you like best? analytics and reporting and easy understanding of metadata What do you dislike? syncing between cubes structures and security What problems are you solving with the product? What benefits have you realized? calculations, reporting, financial analytics, easy access of data through Smart View

CI

Consultant in Information Technology and Services

06/11/18

4.5 out of 5

Essbase compare to oracle database

What do you like best? it's multidimensional, chalenging compared to ebs but far more powerful. What do you dislike? Not much able to extract data easily as other database What problems are you solving with the product? What benefits have you realized? Interface with oracle databasse to perform finance report.

AI

Administrator in Hospitality

06/11/18

4.5 out of 5

powerful analytic tools

What do you like best? multi dimensional analytic tools, smart view users interface robust API, many wide ranges of application avaialable. What do you dislike? if you have a very sparse data block sparse the performance could be lacking, hybrid cube will be ideal but the technology is not matured yet What problems are you solving with the product? What benefits have you realized? Budget, Forecast, Analytic

AI

Administrator in Events Services

06/11/18

4.5 out of 5

Essbase

What do you like best? Ad Hoc Reporting Capabilities and ability to spin off multiple cubes; great for analysts and excel savvy users. What do you dislike? User learning curve due to the interface What problems are you solving with the product? What benefits have you realized? Essbase provides reporting capabilities in a dynamic way. Slicing data is easy and efficient.

AI

Administrator in Mechanical or Industrial Engineering

06/11/18

4.5 out of 5

Essbase Review

What do you like best? better performance for large cubes, large organization with complex applications. What do you dislike? aggregation time, movement of data between HFM and Essbase, it should be simple to move between EPM applicaitons What problems are you solving with the product? What benefits have you realized? we use essbase for Forecasting/budgeting

IC

Internal Consultant in Banking

06/11/18

4.5 out of 5

essbase and oac

What do you like best? essbase calculation functionality, real time results What do you dislike? the oac setup has been painful and very cryptic What problems are you solving with the product? What benefits have you realized? financial planning, GL reporting, loan analysis

CI

Consultant in Financial Services

06/11/18

4.5 out of 5

Enterprise Architect

What do you like best? The best thing I like from Essbase is the power behinde the dynamic calculations and versatility at the moment of building either top down or bottom up models What do you dislike? THe fact that there had not been hugh improvments over the years in terms of performance and overall product architecture. Specially on scalability and high availability What problems are you solving with the product? What benefits have you realized? Fianance analytics, planning ...

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AI

Administrator in Financial Services

06/11/18

4 out of 5

Software Engineer

What do you like best? Nice tree structure that easy to see. Capable of access data very fast. User friendly. What do you dislike? Extract data is very difficult when it has too many dimensions. What problems are you solving with the product? What benefits have you realized? Capable of access data very fast. High level summary data.

IC

Internal Consultant in Information Services

06/11/18

4 out of 5

Essbase Review for Coffee

What do you like best? The dynamic aggregation works quite well for our organization. Also, the ability to have more dimentinos than our planning cubes. It allows us to move data in/out very efficienctly. What do you dislike? the biggest drawback is the inability to store text and add more textual dimensions that I can do so easily with a relational db. What problems are you solving with the product? What benefits have you realized? Managing monthly and annual ...

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AI

Administrator in Hospital & Health Care

06/11/18

4 out of 5

Essbase Review

What do you like best? With Essbase, I enjoy using calculation scripts to generate calculated members within the hierarchy, as well as generating an ADI file for a reclass entry. I do enjoy the financial reporting capabilities and performance of essbase. Essbase is a useful application for calculations, reporting and data slicing. What do you dislike? Sometimes, I dislike the performance of the essbase calculations. They take quite a while. Maybe there could be optimization of the ...

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Disclaimer: This research has been collated from a variety of authoritative sources. We welcome your feedback at hello@spotsaas.com.