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8.6

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Oracle Essbase - Financial Analysis Software

Oracle Essbase Reviews in April 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 generated by AI

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 51-60 out of 226

AI

Administrator in Insurance

06/24/19

4 out of 5

essbase user

What do you like best? Allows for a multidimensional view of the Finance data. Easily partitionable. The data is easily obtainable through SmartView What do you dislike? The wait time for the business when building out the cube. Studio was a bit unforgiving when a mistake was made. What problems are you solving with the product? What benefits have you realized? Business uses the tool to pivot on the large set of data and determine insights. They would love to be able to push ...

Read more

IA

Industry Analyst / Tech Writer in Education Management

06/24/19

2.5 out of 5

Not on ESSBASE

What do you like best? Oracle is Scalable and easy to intergrated with other tool such as SSO. What do you dislike? No Json support on the database. No Boolean on the datatype. What problems are you solving with the product? What benefits have you realized? Not on ESSBASE

AI

Administrator in Consumer Goods

06/24/19

5 out of 5

Essbase Review

What do you like best? In my opinion, the real power of Essbase is the Ad-hoc capabilities in Excel. What do you dislike? There is a learning curve that can be difficult for some user, particularly those who have used Excel in one way for most of their career. What problems are you solving with the product? What benefits have you realized? I primarily use Essbase for a Management dashboard and for Planning. Also creating numerous ad-hoc reports.

AI

Administrator in Hospitality

06/24/19

5 out of 5

My Essbase Review

What do you like best? Users are very happy wtih the ease of analysis in Essbase via Smart View. The ability to slice and dice quicky is very powerful for users. What do you dislike? The downside of on-premise Essbase is that it hasn't seen much feature improvements in a very long time :( What problems are you solving with the product? What benefits have you realized? Annual Budgeting and Monthly Forecasting is being performed in our Essbase envrionment.

AI

Administrator in Insurance

06/24/19

5 out of 5

Get rid of connected spreadsheets

What do you like best? Verstality of the product, ease of use and deployment What do you dislike? On-prem complexities and IT reliance. Hardware requirements What problems are you solving with the product? What benefits have you realized? Used across different divisions and groups to solve simple excel problems to complex allocations

AI

Administrator in Hospitality

06/24/19

5 out of 5

A must for Financial Planning

What do you like best? Easy to drill down, sum up, calculate. You can build the budget and forecast models with Excel as the interface. What do you dislike? There is nothing I really dislike about the product. What problems are you solving with the product? What benefits have you realized? Budgeting and Forecasting

AI

Administrator in Automotive

06/24/19

4.5 out of 5

No issues with on prem

What do you like best? No major issues with on prem, however I am technical enough to handle any issues such as services and upgrades/patches to end user connections and training so this could be why I don't mind on pre vs cloud What do you dislike? There is nothing that I dislike about this product. I have worked with it for years and love it!! What problems are you solving with the product? What benefits have you realized? we are looking to move to the cloud

IC

Internal Consultant in Insurance

06/24/19

4.5 out of 5

It works perfect for analysis

What do you like best? Connectivity with excel using smartview. In process to move to cloud. What do you dislike? Admin and Server controls , I dislike server controls around essbase. Not access data saved on server. What problems are you solving with the product? What benefits have you realized? Forecasting and Planning , analysis is easier

AI

Administrator in Restaurants

06/24/19

4.5 out of 5

We've had a great experience with Essbase and Planning at Starbucks

What do you like best? The ability to provide users with the tools to complete various aspects of their jobs. Forecast, planning, workforce planning, and others. What do you dislike? Self-inflicted wounds of design during implementation. Our cube builds aren't optimized according to some consultants who have come in. What problems are you solving with the product? What benefits have you realized? Quck reporting and analytics for accounting and finance employees. Increased speed ...

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HG

hitesh g

06/24/19

4.5 out of 5

Best Analytics tool

What do you like best? Flexablity to dice and slice data. Reporting for month end and SEC reporting What do you dislike? I've not found anything that i dislike about this tool. What problems are you solving with the product? What benefits have you realized? Help my business make informed decisions