Oracle Financials Cloud

The New Standard for Finance

4,1 /5 (43 reviews) Write a Review!

Oracle Financials Cloud Overview

What is Oracle Financials Cloud?

Oracle Financials Cloud is a complete and integrated financial management solution that sets the foundation for good governance and consistent growth while helping today's fast-growing and dynamic organizations make better decisions, increase efficiency, reduce costs, and continuously innovate.

Oracle Financials Cloud Overview

Pricing

Starting from
N/A

Pricing options

Free Trial
Subscription
Value for money

Contact Oracle for pricing information.


Oracle Financials Cloud Features

Devices
Business size
S M L
Markets
United States, Canada, United Kingdom, Australia, China and 5 others, India, Japan, Germany, Brazil, Mexico
Supported Languages
Chinese (Simplified), Chinese (Traditional), Czech, Danish, Dutch and 16 others, English, Finnish, French, German, Hungarian, Italian, Japanese, Korean, Norwegian, Polish, Portuguese, Russian, Spanish, Swedish, Thai, Turkish

Media

Oracle Financials Cloud billing and invoicing
Oracle Financials Cloud contract management
Oracle Financials Cloud invoice tracking
Oracle Financials Cloud dashboard
Oracle Financials Cloud screenshot: Oracle Financials Cloud billing and invoicing Oracle Financials Cloud screenshot: Oracle Financials Cloud contract management Oracle Financials Cloud screenshot: Oracle Financials Cloud invoice tracking Oracle Financials Cloud screenshot: Oracle Financials Cloud dashboard

Oracle Financials Cloud Reviews

Oracle Financials Cloud Reviews

Overall rating
4,1
/
5
Excellent
16

Very good
16

Average
10

Poor
0

Terrible
1

Value for Money
3,8
Features
4,2
Ease of Use
3,8
Customer Support
3,9
74% recommended this app
Jeffrey a C.

Oracle Use


Piyush J.

Software Engineee

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.


Verified Reviewer

Oracle Fusion - underdeveloped, slow, awkward and undersupported


Shiva K.

The Best value for money ERP

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.


Verified Reviewer

Easily configurable Financial Management System

Useful FMS with easy access with many configurable features


Jeffrey a C.
Industry: Accounting
Company size: 10 000+ Employees

Oracle Use

Used Daily for 2+ years
Reviewed on 2019/01/24
Review Source: Capterra

Pros

Oracle is an outstanding software tool that is used by myself in the financial aspect of my employment. I used three different version of Oracle Financial starting with Oracle10.7, Orcle 11i and Oracle 12. Plus the side tool like Discover Report Writing and it Logistic tools.

Cons

The selections that my management made it what they purchased from Oracle and the Support that they provided to use the tool. I saw what could be done with Oracle by other regions with in my employer. We converted from 10.7 to 11i for one of the main reason was to track and manage our capital budget which for our region was $1.1 Billion Dollars. But after the conversion we had to start all over and start from the ground. Not Oracle fault but the consultants and management fault. We even manage that budget approval process in Excel.

Rating breakdown

Value for Money
Ease of Use
Customer Support

Likelihood to recommend: 10.0/10

Piyush J.
Industry: Computer Software
Company size: 1 001-5 000 Employees

Software Engineee

Used Daily for 2+ years
Reviewed on 2016/10/08
Review Source: Capterra

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.

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

Rating breakdown

Ease of Use
Customer Support

Likelihood to recommend: 9.0/10

Verified Reviewer
Industry: Airlines/Aviation
Company size: 10 000+ Employees

Oracle Fusion - underdeveloped, slow, awkward and undersupported

Used Daily for 1+ year
Reviewed on 2018/09/13
Review Source: GetApp

Pros

It is easy to access via the web due to the cloud based. Not having to purchase server infrastructure is an expense savings.

Cons

Oracle Fusion is frankly not a fully developed product. As a previous user of server-based Oracle ERP, the lack of operation functionality is mind-boggling. It is awkward to use. Many times you have to click multiple levels to find information that almost any other system provides on one screen. Every screen with a table will only return a few rows of the table and then makes you scroll down and the system fetches that data. Providing 10 columns of data 10 rows at a time is clunky, time consuming and unacceptable. If you investigate a record and return to previous screen you will have to do the fetching procedure all over. The seeded reports haven't covered even standard financial reporting, G/L research and inventory reporting. Writing your own reports is challenging due to a lack of documentation of how and where the system stores data. Ever since implementation, we have had to fight very hard for even simple fixes. We often met with some combination of "why would you need that", "the system will never do that" and "your request will have to wait in line and will be fixed if enough users are concerned" for a number of levels of Oracle sale, support and management. Ultimately our operations are somewhere between 25% and 50% slower than our previous old outdated MS Dynamics system.

Rating breakdown

Value for Money
Ease of Use
Customer Support

Likelihood to recommend: 0.0/10

Shiva K.
Industry: Government Administration
Company size: 1 001-5 000 Employees

The Best value for money ERP

Used Daily for 2+ years
Reviewed on 2016/09/30
Review Source: Capterra

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.

Pros

Streamlines the processes

Cons

Customer service can be improved.

Rating breakdown

Value for Money
Ease of Use
Customer Support

Likelihood to recommend: 9.0/10

Verified Reviewer
Industry: Financial Services
Company size: 501-1 000 Employees

Easily configurable Financial Management System

Used Daily for 1+ year
Reviewed on 2018/05/10
Review Source: Capterra

Useful FMS with easy access with many configurable features

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

Rating breakdown

Value for Money
Ease of Use
Customer Support

Likelihood to recommend: 9.0/10

User recommendation
7,8/10
Based on 43 user ratings
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Oracle Financials Cloud Pricing

Oracle Financials Cloud Pricing

Starting from
N/A
Free Trial
Subscription
Value for money

Contact Oracle for pricing information.

Contact Oracle for pricing information.

Value for Money
3,8/5
Based on 43 user ratings
Compare value for money rating with alternatives
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Oracle Financials Cloud Features

Oracle Financials Cloud Features

API
Accounting Integration
Accounting Management
Activity Dashboard
Audit Trail
Automatic Notifications
Billing & Invoicing
Compliance Management
Customizable Reporting
Data Import/Export
Electronic Payments
Expense Tracking
Financial Analysis
Invoice Management
Invoice Processing
Multi-Currency
Real Time Data
Reporting & Statistics
Third Party Integration
Workflow Management
Features
4,2/5
Based on 43 user ratings
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Categories

Additional information for Oracle Financials Cloud

Additional information for Oracle Financials Cloud

Key features of Oracle Financials Cloud

  • Accounting
  • Analysis of expense trends
  • Automated audits
  • Automated workflows and approvals
  • Automatic notification of approved or rejected requests
  • Automatically push work and transactions
  • Capture photos of receipts / receipt tracking
  • Communication tools
  • Data storage
  • Detailed transaction histories
  • Email integration
  • Embedded collaboration
  • Embedded transactional intelligence
  • End-to-end processes
  • Enterprise risk and compliance management
  • Expense receipts and expense policy violations
  • Export results from any transactional table or report
  • Extensive spreadsheet integration
  • Instant messaging
  • Integration with corporate card transactions
  • Invoicing
  • Live financial data
  • Mobile device entry and approval
  • Multiple data entry methods
  • Native, real-time intelligence
  • Planning and forecasting
  • Prioritized work lists
  • Proactive metrics
  • Real-time data
  • Regulatory compliance and corporate policies
  • Reporting platform
  • Role-based dashboards
  • Send dunning notices automatically to multiple contacts
  • Shared services
  • Simultaneous accounting of multiple reporting
  • Single data source
  • Spreadsheet templates
  • Task management
  • Voice capture
  • Work areas

Benefits

Oracle Financials Cloud revolutionizes productivity and information access with native, real-time intelligence.

Oracle Financials Cloud FAQs

Oracle Financials Cloud FAQs

Below are some frequently asked questions for Oracle Financials Cloud.

Q. What type of pricing plans does Oracle Financials Cloud offer?

Oracle Financials Cloud offers the following pricing plans:

Pricing model: Subscription

Free Trial: Not Available

Contact Oracle for pricing information.

Q. What are the main features of Oracle Financials Cloud?

Oracle Financials Cloud offers the following features:

  • Accounting
  • Analysis of expense trends
  • Automated audits
  • Automated workflows and approvals
  • Automatic notification of approved or rejected requests
  • Automatically push work and transactions
  • Capture photos of receipts / receipt tracking
  • Communication tools
  • Data storage
  • Detailed transaction histories
  • Email integration
  • Embedded collaboration
  • Embedded transactional intelligence
  • End-to-end processes
  • Enterprise risk and compliance management
  • Expense receipts and expense policy violations
  • Export results from any transactional table or report
  • Extensive spreadsheet integration
  • Instant messaging
  • Integration with corporate card transactions
  • Invoicing
  • Live financial data
  • Mobile device entry and approval
  • Multiple data entry methods
  • Native, real-time intelligence
  • Planning and forecasting
  • Prioritized work lists
  • Proactive metrics
  • Real-time data
  • Regulatory compliance and corporate policies
  • Reporting platform
  • Role-based dashboards
  • Send dunning notices automatically to multiple contacts
  • Shared services
  • Simultaneous accounting of multiple reporting
  • Single data source
  • Spreadsheet templates
  • Task management
  • Voice capture
  • Work areas

Q. Who are the typical users of Oracle Financials Cloud?

Oracle Financials Cloud has the following typical customers:

Large Enterprises, Mid Size Business

Q. What languages does Oracle Financials Cloud support?

Oracle Financials Cloud supports the following languages:

Chinese (Simplified), Chinese (Traditional), Czech, Danish, Dutch, English, Finnish, French, German, Hungarian, Italian, Japanese, Korean, Norwegian, Polish, Portuguese, Russian, Spanish, Swedish, Thai, Turkish

Q. What type of pricing plans does Oracle Financials Cloud offer?

Oracle Financials Cloud has the following pricing plans:

Subscription

Q. Does Oracle Financials Cloud support mobile devices?

Oracle Financials Cloud supports the following devices:

Android, iPhone

Q. What other apps does Oracle Financials Cloud integrate with?

Oracle Financials Cloud integrates with the following applications:

ClicData, Coupa, DATABASICS Time & Expense, ExecuReports, Expensify, NetSuite OneWorld, NextProcess, QCommission, Tipalti AP Automation, Visual Lease

Q. What level of support does Oracle Financials Cloud offer?

Oracle Financials Cloud offers the following support options:

Online Support, Phone Support, Video Tutorials, Forum, Knowledge Base