Oracle

Oracle Financials Cloud

4 / 5 22 reviews


Average Ratings

22 Reviews
  • 4 / 5
    Overall
  • 3.5 / 5
    Ease of Use
  • 4 / 5
    Customer Service

Product Details

  • Starting Price
    Not provided by vendor
  • Deployment
    Cloud, SaaS, Web
    Installed - Windows
  • Training
    Documentation
    Webinars
  • Support
    Online
    Business Hours

Vendor Details

  • Oracle
  • www.oracle.com
  • Founded 1977
  • United States

About Oracle Financials Cloud

Complete financial management solution that includes general ledger, accounts payable, accounts receivable, fixed assets, and cash management.


Oracle Financials Cloud Features

  • Accounts Payable
  • Accounts Receivable
  • Bank Reconciliation
  • Billing & Invoicing
  • CPA Firms
  • Expense Tracking
  • Fixed Asset Management
  • For Government
  • For Nonprofits
  • Fund Accounting
  • Payroll Management
  • Project Accounting
  • Purchase Orders
  • Tax Management
  • Budgeting & Forecasting
  • Cash Management
  • Consolidation / Roll-Up
  • Currency Management
  • Financial Reporting
  • Investment Management
  • Project Management
  • Revenue Recognition
  • Risk Management
  • Tax Management

Oracle Financials Cloud Reviews Recently Reviewed!


A complex software that is glitchy and needs improvement

May 10, 2018
3/5
Overall
2 / 5
Ease of Use
3 / 5
Features & Functionality
Likelihood to Recommend: 4.0/10 Not
Likely
Extremely
Likely

Pros: To be honest, there is not much that I like about this. If you have no choice but to use it, it does have the features needed for contract management and such. However, I can think of an alternative software for every feature that oracle has that would be a better option.

Cons: It is difficult to train for, the number of clicks it takes to do a single task is horrendous, the software is glitchy and one simple error becomes something not so simple after all.

Easily configurable Financial Management System

May 10, 2018
4/5
Overall
4 / 5
Ease of Use
5 / 5
Features & Functionality
4 / 5
Customer Support
4 / 5
Value for Money
Likelihood to Recommend: 9.0/10 Not
Likely
Extremely
Likely

Pros: Oracle Financials Clouds supports business process automation and is easily configurable to meet business workflow processes. It is also available across various devices and had good data visualization through its user interface

Cons: Can be difficult to work with in remote areas because of the inability to connect to the Oracle Cloud. The price per user is also high

Overall: Useful FMS with easy access with many configurable features

Capterra-loader

A solid choice

May 07, 2018
4/5
Overall
2 / 5
Ease of Use
5 / 5
Features & Functionality
4 / 5
Customer Support
3 / 5
Value for Money
Likelihood to Recommend: 7.0/10 Not
Likely
Extremely
Likely

Pros: The product is trying to evolve, going to the cloud, and allows it to be adapted to any need of the company.

Cons: it carries a boulder consisting of the architectural complexity of the versions that have followed year after year

Overall: the certainty of the result

Capterra-loader

Hard to believe this is a modern day tool

Nov 27, 2017
3/5
Overall
2 / 5
Ease of Use
4 / 5
Features & Functionality
3 / 5
Customer Support
2 / 5
Value for Money

Pros: I like the reporting our team has been able to build. If I am doing in depth digging on our financials it is a pretty powerful machine.

Cons: The interface is a challenge. It feels like something developed 20 years ago. It is slow and difficult to find what you are looking for. Often large queries take down the system for the entire institution.

Overall: We use this software to manage all of the finances for the university. It has allowed for deep reporting but it is a struggle at the micro level just to tell what you have bought.

Cumbersome

Jun 12, 2017
3/5
Overall
1 / 5
Ease of Use
3 / 5
Features & Functionality
2 / 5
Customer Support
2 / 5
Value for Money
Likelihood to Recommend: 3.0/10 Not
Likely
Extremely
Likely

Pros: System of record; maintains and help manage financial records; It maintains records and the workflow is some what intuitive; everyone at the company knows about the system, despite its user unfriendeliness.

Cons: Two many click through; too many level of windows.options; I wished it is easier to gather the data once they are included in the system; too many versions (web and client versions); doesn't work well with other web applications

Overall: It's system of record, no choice.

Oracle is an enterprise solution software which can be mapped to any business process.

Jun 08, 2017
5/5
Overall
4 / 5
Ease of Use
5 / 5
Features & Functionality
5 / 5
Customer Support
5 / 5
Value for Money

Pros: Its flexibility to customize as per business needs.
Standard out of the box covers a lot of business processes
SLA and EB Tax are the highlight modules.

Cons: High Maintenance and license cost
frequent version upgrades
Unlimited customizations which sometimes can be a pain

Ok if needed

Apr 05, 2017
4/5
Overall
1 / 5
Ease of Use
1 / 5
Features & Functionality
3 / 5
Customer Support

Comments: Ok software if needed. Difficult to manuver and change. Too many menus to navigate to. Needs more clarity.

recommended

Feb 02, 2017
3/5
Overall
4 / 5
Ease of Use
4 / 5
Features & Functionality
4 / 5
Customer Support
3 / 5
Value for Money
Likelihood to Recommend: 9.0/10 Not
Likely
Extremely
Likely

Comments: this app is also very useful, I recommend this one to everybody. I am a consultant in business and accounting area. i have used this one in past and it is very useful

Finances Are AWESOME!

Jan 29, 2017
5/5
Overall
5 / 5
Ease of Use
5 / 5
Features & Functionality
5 / 5
Customer Support
5 / 5
Value for Money

Comments: This software has also helped our firm. We have used multiple finance software in the past and this is by far the best one. I would recommend it to anyone.

The software was user friendly

Jan 05, 2017
3/5
Overall
3 / 5
Ease of Use
4 / 5
Features & Functionality
3 / 5
Customer Support
4 / 5
Value for Money
Likelihood to Recommend: 7.0/10 Not
Likely
Extremely
Likely

Comments: The help guide I used was very helpful. If I needed any direction or how to input. I enjoyed being able to save certain layouts.

Oracle Financials review

Jan 05, 2017
4/5
Overall
3 / 5
Ease of Use
4 / 5
Features & Functionality
4 / 5
Customer Support
3 / 5
Value for Money

Comments: The tool is easy to understand and navigate. When you make a mistake and receive an error message it is in RED and very clear instructions are included for remedying the issue.

oracle financials review

Dec 11, 2016
5/5
Overall
5 / 5
Ease of Use
5 / 5
Features & Functionality
5 / 5
Customer Support
4 / 5
Value for Money

Comments: I like the way it organizes things so clearly and efficiently; it makes expense reporting much easier! I also like that you are able to see ongoing status updates in regards to whether your expense report has been approved by your supervisor or not-- that is very helpful when attempting to follow up on a report.

Very Good

Oct 09, 2016
5/5
Overall
5 / 5
Ease of Use
5 / 5
Features & Functionality
5 / 5
Customer Support
5 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
Likely
Extremely
Likely

Pros: Revenue & Collection

Cons: Nonthing

Overall: I used when I was working as Financial Analyst, I feel that it's really perfect software to be used as Financial decision making.

Recommendations to other buyers: Off course to so many friends

Software Engineee

Oct 07, 2016
5/5
Overall
4 / 5
Ease of Use
5 / 5
Features & Functionality
5 / 5
Customer Support
Likelihood to Recommend: 9.0/10 Not
Likely
Extremely
Likely

Pros: I have very keen interest in this Software which could deal with Programming . I am quick learner , I have tried to do something productive throughout my career till date.

Cons: It should not be dependent on schema which makes it high dependency

Overall: In Oracle Financial Software Services , I worked with a CITI Project CLUE which was Risk Management Tool used for CITI Clients for determining risk factor and other transactional activities. I was responsible for the Automation , Manual testing and Functional requirement gatherings.

Recommendations to other buyers: No

Its a monster out there

Oct 06, 2016
4/5
Overall
4 / 5
Ease of Use
5 / 5
Features & Functionality
4 / 5
Customer Support
4 / 5
Value for Money
Likelihood to Recommend: 9.0/10 Not
Likely
Extremely
Likely

Pros: Configurability and good out of the box functionalty

Cons: expensive consultants and random bugs , customer support not satisfactory

Overall: I have used it for 14 years now. It works great , but needs huge amount of time and effort to configure it correctly to suit the business

Amaz' on Application

Oct 05, 2016
4/5
Overall
5 / 5
Ease of Use
4 / 5
Features & Functionality
5 / 5
Customer Support
4 / 5
Value for Money

Comments: Oracle Applications is user friendly and simple. It is very flexible for commercial enterprise companies

Application Deveoper

Oct 05, 2016
4/5
Overall
4 / 5
Ease of Use
4 / 5
Features & Functionality
4 / 5
Customer Support
3 / 5
Value for Money

Comments: We have been using for last 9 yrs atleast. We are expecting lof feature in P2P/OTC track.
Overall - it is good - will be great if we can have flexibility in OAF pages. Thanks

Best in class financials product

Oct 02, 2016
4/5
Overall
5 / 5
Ease of Use
4 / 5
Features & Functionality
5 / 5
Customer Support
5 / 5
Value for Money

Comments: Great finance domain features, ease of configurations, user friendly, easy integrations to 3rd party systems, decent reconciliations, seamless integrations to OM, SCM, Billing, Projects and other business functions. Need to add some GAAP and IFRS features in future for revenue recognitions.

The Best value for money ERP

Sep 30, 2016
5/5
Overall
5 / 5
Ease of Use
5 / 5
Features & Functionality
4 / 5
Customer Support
5 / 5
Value for Money
Likelihood to Recommend: 9.0/10 Not
Likely
Extremely
Likely

Pros: Streamlines the processes

Cons: Customer service can be improved.

Overall: Been using it since 2004. Continuously evolving product. Lots of new features available in R12.
License can be bought by module. The main modules in Oracle financials are Fixed Assets, General Ledger, Accounts Payables, Accounts Receivables etc.
Oracle is also offering cloud ERP now. Cloud ERP may reduce the total cost of ownership.
To implement Oracle ERP, many skilled people are available when compared to other products.
Oracle ERP comes with Oracle database. The performance will be great.

Recommendations to other buyers: Continuously evolving

Great Financials Software

Sep 30, 2016
5/5
Overall
4 / 5
Ease of Use
4 / 5
Features & Functionality
4 / 5
Customer Support
3 / 5
Value for Money
Likelihood to Recommend: 8.0/10 Not
Likely
Extremely
Likely

Comments: Oracle e-Business suite Financials is an easy to use, robust software.It has more features and excellent reporting capabilities. Robust in SOX compliance

May 02, 2018
4/5
Overall

Jan 29, 2018
3/5
Overall
3 / 5
Ease of Use
3 / 5
Features & Functionality
3 / 5
Customer Support
3 / 5
Value for Money
Likelihood to Recommend: 5.0/10 Not
Likely
Extremely
Likely