[Home](https://www.selecthub.com/) \> [EPM](https://www.selecthub.com/category/enterprise-performance-management/) \> [EPM Software](https://www.selecthub.com/c/epm-software/) \> Essbase Categories: * [EPM Software](https://www.selecthub.com/c/epm-software/) * [...](#) ## What Is Essbase? **Industry Specialties:** Serves all industries 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 | | ---------------------------------------------------------------------------------------- | -------------------------------------------------------------------------------------------------------------------------------------------------------------- | PRICE $ $ $ $ $ COMPANY SIZE S M L DEPLOYMENT PLATFORM [ Try Before You Buy. Request a Free Demo Today! Request Demo It's completely free! ](https://pmo.selecthub.com/get-product-demo/?category=EPM+Software&product%5Fname=Essbase&origin%5Furl=https%3A%2F%2Fwww.selecthub.com%2Fp%2Fepm-software%2Fessbase%2F&product%5Flogo=https%3A%2F%2Fcdn.selecthub.com%2Fproducts%2Fe924517087669cf201ea91bd737a4ff4-9080b701d39e037da6428a1e6086199f%2Fresources%2Fnormal%2Flogo.png%3F1693316997) [Contributors](#view-contributors) ![Samprit Majumdar]() Written by Samprit Majumdar Technical Content Writer [Read Bio ](https://www.selecthub.com/author/samprit/) ![Hunter Lowe]() Edited by Hunter Lowe Content Editor [Read Bio ](https://www.selecthub.com/author/hunter-lowe/) User Sentiment i ![User satisfaction level icon: great]() Based on 444 reviews: Add your rating: ![Screenshots]()![Screenshots]()![Screenshots]() Product Screenshots and Videos ## #7 Essbase is ranked #7 in the EPM Software product directory based on the latest available data collected by SelectHub. Compare the leaders with our In-Depth Report. [Get the Report Now ](https://pmo.selecthub.com/request-custom-scorecard?category%5Fslug=epm-software&product%5Fslug=essbase&page%5Ftype=product&slug=essbase&product%5Fname=Essbase&category=EPM+Software&origin%5Furl=https%3A%2F%2Fwww.selecthub.com%2Fp%2Fepm-software%2Fessbase%2F) ## Essbase Pricing Based on our most recent analysis, Essbase pricing starts at $80 (Per User, Monthly). [Get Price Quote](https://pmo.selecthub.com/get-product-pricing/?category=EPM+Software&product%5Fname=Essbase&origin%5Furl=https%3A%2F%2Fwww.selecthub.com%2Fp%2Fepm-software%2Fessbase%2F&product%5Flogo=https%3A%2F%2Fcdn.selecthub.com%2Fproducts%2Fe924517087669cf201ea91bd737a4ff4-9080b701d39e037da6428a1e6086199f%2Fresources%2Fnormal%2Flogo.png%3F1693316997&price=2) Price $ $ $ $ $ i Starting From $80 Pricing Model Per User, Monthly Free Trial No ## Training Resources Essbase is supported with the following types of training: Documentation In Person Live Online Videos Webinars ## Support The following support services are available for Essbase: Email Phone Chat FAQ Forum Help Desk Knowledge Base Tickets Training 24/7 Live Support ## Essbase Benefits and Insights Why use Essbase? ### Key differentiators & advantages of Essbase * **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. ### Industry Expertise The Arbor Software Company launched Essbase before being acquired in mergers with Hyperion first, then Oracle in 2007\. Oracle is widely regarded as a top-10 producer in the big data industry, with tens of thousands of customers globally. ## Essbase Reviews Based on our most recent analysis, Essbase reviews indicate a 'great' User Satisfaction Rating of 82% based on 444 user reviews from 2 recognized software review sites. ![User satisfaction level icon: great]() 444 reviews 82% of users would recommend this product ### Synopsis of User Ratings and Reviews Based on an aggregate of Essbase reviews taken from the sources above, the following pros & cons have been curated by a SelectHub Market Analyst. #### Pros * **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. #### Cons * **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. #### Researcher's Summary: 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. ## Key Features * **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. ## Approach to Common Challenges * **Data Silos and Inconsistency:** Essbase's centralized platform consolidates data from multiple sources, ensuring consistency and facilitating unified analysis. * **Limited Visibility and Access:** Role-based access controls and intuitive dashboards provide relevant data insights to authorized users, democratizing information access. * **Complex Calculations and Modelling:** Multi-dimensional analysis capabilities and powerful calculation engines enable intricate what-if scenarios and forecasting models. * **Slow Time to Insights:** Automated data integration, aggregation, and workflows expedite analysis processes, leading to faster decision-making. * **Inaccurate or Incomplete Data:** Data validation features verify data integrity and identify potential errors, ensuring reliable and trustworthy insights. * **Lack of Collaboration and Communication:** Shared workspaces and collaborative tools facilitate team communication and improve transparency within the organization. * **Limited Scalability and Performance:** Essbase's cloud-based architecture scales to accommodate evolving data volumes and peak workloads, ensuring consistent performance. * **Security and Compliance Concerns:** Multi-layered security protocols and compliance certifications ensure data privacy and adherence to relevant regulations. ## Cost Of Ownership Frequently asked questions regarding Essbase pricing include: * **Q: What is the cost of an Essbase license?** A: Essbase pricing is complex and varies depending on several factors, including the number of users, chosen features, storage requirements, and deployment model (cloud vs. on-premise). For instance, a basic cloud-based license for a single user with essential features starts around $80 per month. However, a more comprehensive on-premise license for a large organization with advanced features and extensive storage can cost tens of thousands of dollars annually. * **Q: Are there any hidden fees or additional costs?** A: Yes, potential hidden fees and additional costs need to be considered when evaluating Essbase's total cost of ownership. These may include: * Implementation and training: Initial setup and user training can incur significant expenses. * Professional services: Consulting services for customization, integrations, and ongoing support can add up. * Storage and data transfer: Additional storage and data transfer costs may apply depending on usage. * Maintenance and upgrades: Annual maintenance fees and potential upgrade costs are mandatory. * **Q: How does Essbase pricing compare to other BI solutions?** A: Essbase's pricing generally falls within the mid-range of enterprise-grade BI solutions. While it may be more expensive than some open-source options, it offers advanced features and scalability often missing in budget-friendly alternatives. Compared to other premium BI solutions, Essbase's pricing can be competitive, but it's crucial to compare the specific features and functionalities offered by each solution to determine the best value for your specific needs. ## Limitations Some of the product limitations include: * Difficult to drill back to transactional details. * No easy way to integrate with third-party visualization tools. * Essbase cubes don’t perform well for very high volumes. ## Demo Resources Resources that provide Essbase demo insights include: * **Interactive Demo Environment:** Explore the product interface firsthand, test core features, and experience real-world use cases within a simulated environment. * **Guided Demo Videos:** Witness product functionalities in action through narrated video tutorials, highlighting key workflows and capabilities. * **Industry-Specific Case Studies:** Analyze how organizations in various industries utilize the product to solve specific business challenges and achieve tangible results. * **Product Documentation & Tutorials:** Access comprehensive user guides, technical manuals, and step-by-step tutorials to gain in-depth knowledge and explore advanced features. * **Live Webinars & Events:** Participate in interactive sessions hosted by product experts, ask questions in real-time, and gain valuable insights from industry professionals. ## Suite Support Access to Oracle’s support system must be purchased. Behind the paywall, users get access to extensive forums, how-to and other guides, training programs and service request availability through its dedicated support website. _mail\_outline_Email: Oracle support email addresses are hidden behind the My Oracle Support paywall. _phone_Phone: Customers in the U.S. can call 1-800-223-1711 for technical and nontechnical questions, with hours varying depending on customer location. _school_Training: The Oracle Support Knowledge Base includes tutorials and FAQ, with an extensive training program through LaunchPad Training Inc. _local\_offer_Tickets: Service requests can be submitted through Oracle’s support website. ## FAQ Frequently asked questions regarding Essbase include: * **Q: How complex is Essbase to learn and use?** A: While Essbase offers an intuitive interface for basic tasks, mastering advanced functionalities requires significant training and experience. The learning curve can be steep for users unfamiliar with multi-dimensional analysis and complex modeling concepts. * **Q: What are the most common integrations used with Essbase?** A: Popular integrations include ERP systems (e.g., SAP, Oracle), data warehouse platforms (e.g., Teradata, Snowflake), and various planning and budgeting tools. These integrations allow for seamless data flow and enhanced collaboration across business processes. * **Q: How does Essbase ensure data security and compliance?** A: Essbase offers robust security features, including user authentication, data encryption, role-based access control, and audit trails. Additionally, it adheres to industry-standard security protocols and complies with numerous data privacy regulations. * **Q: What level of customer support does Essbase offer?** A: The level of support depends on the chosen subscription plan. Basic plans offer access to online documentation and community forums. Premium plans include phone, email, and chat support from experienced product specialists. * **Q: How does Essbase compare to other BI solutions in terms of scalability?** A: Essbase boasts high scalability, accommodating large data volumes and complex models. Its cloud-based architecture allows it to scale seamlessly to meet the evolving needs of growing organizations. * **Q: What are the most common challenges users face when implementing Essbase?** A: Integrating disparate data sources, ensuring data integrity, and navigating the learning curve for advanced features are among the most common challenges faced during implementation. Effective planning, comprehensive training, and experienced technical support are crucial to overcoming these hurdles. ## Head-to-Head Comparison ![Essbase Software Tool]() vs * [Adaptive Planning](https://www.selecthub.com/epm-software/essbase-vs-adaptive-planning/) * [Anaplan](https://www.selecthub.com/epm-software/anaplan-vs-essbase/) * [IBM Planning Analytics](https://www.selecthub.com/epm-software/essbase-vs-ibm-planning-analytics/) * [Jedox](https://www.selecthub.com/epm-software/essbase-vs-jedox/) * [Jirav](https://www.selecthub.com/epm-software/essbase-vs-jirav/) * [OneStream](https://www.selecthub.com/epm-software/onestream-vs-essbase/) * [Oracle EPM](https://www.selecthub.com/epm-software/essbase-vs-oracle-epm/) * [Prophix](https://www.selecthub.com/epm-software/essbase-vs-prophix/) * [Quantrix](https://www.selecthub.com/epm-software/essbase-vs-quantrix/) * [SAP Profitability and Performance Management](https://www.selecthub.com/epm-software/essbase-vs-sap-papm/) * [Tagetik](https://www.selecthub.com/epm-software/essbase-vs-tagetik/) ## Similar Products Here are the most similar products to Essbase. [ Rocket CorVu ](https://www.selecthub.com/p/epm-software/rocket-corvu/) [ SAP Profitability and Performance Management ](https://www.selecthub.com/p/epm-software/sap-papm/) [ Jedox ](https://www.selecthub.com/p/epm-software/jedox/) [ Oracle EPM ](https://www.selecthub.com/p/epm-software/oracle-epm/) [ idu-Concept ](https://www.selecthub.com/p/epm-software/idu-concept/) [ Infor dEPM ](https://www.selecthub.com/p/epm-software/infor-depm/) [ StratPlan ](https://www.selecthub.com/p/epm-software/stratplan/) [ Kepion ](https://www.selecthub.com/p/epm-software/kepion/) [ IBM Planning Analytics ](https://www.selecthub.com/p/epm-software/ibm-planning-analytics/) [ Tagetik ](https://www.selecthub.com/p/epm-software/tagetik/) ## About the Contributors The following expert team members are responsible for creating, reviewing, and fact checking the accuracy of this content. [ ](https://www.selecthub.com/author/samprit/) Written by [Samprit Majumdar](https://www.selecthub.com/author/samprit/) Technical Content Writer Samprit Majumdar is a Content Writer and Market Analyst at Selecthub. He graduated in Computer Science before going on to do a Master's in Communication with a specialization in research. He is a daydreamer who likes letting words and images play around in his head. In his free time, he’s usually scouting for dog videos on the internet, playing obscure RPGs, butchering song lyrics loudly or debating passionately on politics. [See Full Bio](https://www.selecthub.com/author/samprit/) [ ](https://www.selecthub.com/author/hunter-lowe/) Edited by [Hunter Lowe](https://www.selecthub.com/author/hunter-lowe/) Content Editor Hunter Lowe is a Content Editor, Writer and Market Analyst at SelectHub. His team covers categories that range from ERP and business intelligence to transportation and supply chain management. Hunter is an avid reader and Dungeons and Dragons addict who studied English and Creative Writing through college. In his free time, you'll likely find him devising new dungeons for his players to explore, checking out the latest video games, writing his next horror story or running around with his daughter. [See Full Bio](https://www.selecthub.com/author/hunter-lowe/) Your review has been submitted and should be visible within 24 hours. Review Title Pros Cons Overall feedback Your name Your job title Industry [Choose your main industry ](javascript:void%28%29) * [Accounting / CPA](javascript:void%28%29) * [Advertising](javascript:void%28%29) * [Aerospace & Defense](javascript:void%28%29) * [Agriculture](javascript:void%28%29) * [Apparel](javascript:void%28%29) * [Architecture](javascript:void%28%29) * [Auto Dealership](javascript:void%28%29) * [Automotive](javascript:void%28%29) * [Banking & Financial Services](javascript:void%28%29) * [Banking & Mortgage](javascript:void%28%29) * [Chemicals](javascript:void%28%29) * [Construction & Engineering](javascript:void%28%29) * [Construction / Contracting](javascript:void%28%29) * [Consulting](javascript:void%28%29) * [Consumer Products](javascript:void%28%29) * [Distribution](javascript:void%28%29) * [E-commerce](javascript:void%28%29) * [Education](javascript:void%28%29) * [Electronics](javascript:void%28%29) * [Energy & Utilities](javascript:void%28%29) * [Federal Government](javascript:void%28%29) * [Field Maintenance](javascript:void%28%29) * [Food & Beverage](javascript:void%28%29) * [Healthcare / Social Services](javascript:void%28%29) * [Hospitality / Gaming / Travel](javascript:void%28%29) * [Human Resources](javascript:void%28%29) * [Industrial Machinery](javascript:void%28%29) * [Information Technology & High Tech](javascript:void%28%29) * [Insurance](javascript:void%28%29) * [Legal](javascript:void%28%29) * [Maintenance / Field Service](javascript:void%28%29) * [Manufacturing](javascript:void%28%29) * [Marketing Services](javascript:void%28%29) * [Media & Communications / Entertainment](javascript:void%28%29) * [Mill Products](javascript:void%28%29) * [Mining / Metals](javascript:void%28%29) * [Mortgage](javascript:void%28%29) * [Non-Profit](javascript:void%28%29) * [Not Available](javascript:void%28%29) * [Oil & Gas](javascript:void%28%29) * [Other](javascript:void%28%29) * [Other Services](javascript:void%28%29) * [Payroll Provider](javascript:void%28%29) * [Pharmaceuticals](javascript:void%28%29) * [Professional Employer Organization](javascript:void%28%29) * [Professional Services](javascript:void%28%29) * [Property Management](javascript:void%28%29) * [Public Sector](javascript:void%28%29) * [Real Estate](javascript:void%28%29) * [Recruiting Agency](javascript:void%28%29) * [Religious Institutions](javascript:void%28%29) * [Retail](javascript:void%28%29) * [Sales & Marketing](javascript:void%28%29) * [Semiconductors](javascript:void%28%29) * [Software / IT](javascript:void%28%29) * [Sports and Recreation](javascript:void%28%29) * [Staffing Agency](javascript:void%28%29) * [State & Local Government](javascript:void%28%29) * [Telecommunications](javascript:void%28%29) * [Third-Party Administrator](javascript:void%28%29) * [Transportation & Logistics](javascript:void%28%29) * [Wholesale Distribution](javascript:void%28%29) Company Size [Choose your company size ](javascript:void%28%29) * [1 employee](javascript:void%28%29) * [2 to 9 employees](javascript:void%28%29) * [10 - 19 employees](javascript:void%28%29) * [20 - 49 employees](javascript:void%28%29) * [50 - 99 employees](javascript:void%28%29) * [100 - 499 employee](javascript:void%28%29) * [500 - 999 employees](javascript:void%28%29) * [1,000 - 2,499 employees](javascript:void%28%29) * [2,500 - 4,999 employees](javascript:void%28%29) * [5,000 - 9,999 employees](javascript:void%28%29) * [10,000 - 24,999 employees](javascript:void%28%29) * [25,000 - 49,999 employees](javascript:void%28%29) * [50,000 + employees](javascript:void%28%29) ```json { "@context": "https://schema.org", "@type": "BreadcrumbList", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://www.selecthub.com/" }, { "@type": "ListItem", "position": 2, "name": "EPM", "item": "https://www.selecthub.com/category/enterprise-performance-management/" }, { "@type": "ListItem", "position": 3, "name": "EPM Software", "item": "https://www.selecthub.com/c/epm-software/" }, { "@type": "ListItem", "position": 4, "name": "Essbase" } ] } { "@context": "http://schema.org", "@type": "SoftwareApplication", "name": "Essbase", "description": "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 ", "review": { "@type": "Review", "author": { "@type": "Person", "name": "Samprit Majumdar", "reviewBody": "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." } }, "image": "https://cdn.selecthub.com/products/e924517087669cf201ea91bd737a4ff4-9080b701d39e037da6428a1e6086199f/resources/normal/logo.png?1693316997", "aggregateRating": { "@type": "AggregateRating", "ratingValue": "82", "bestRating": "100", "worstRating": "1", "ratingCount": "444" }, "offers": { "@type": "Offer", "priceSpecification": { "@type": "priceSpecification", "price": "80", "priceCurrency": "USD" } }, "positiveNotes": { "@type": "ItemList", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Scalability: Handles large data volumes and complex models efficiently." }, { "@type": "ListItem", "position": 2, "name": "Robust Security: Ensures data privacy and compliance with industry standards." }, { "@type": "ListItem", "position": 3, "name": "Intuitive Interface: Easy to use for basic tasks, with advanced features for experienced users." } ] }, "negativeNotes": { "@type": "ItemList", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Steep Learning Curve: Mastering advanced features requires significant training and experience." }, { "@type": "ListItem", "position": 2, "name": "Limited Customization: Out-of-the-box functionality may not meet specific needs without customization." }, { "@type": "ListItem", "position": 3, "name": "High Cost: Licensing and implementation costs can be significant, especially for large organizations." } ] }, "applicationCategory": "EPM Software" } ```