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FreeAgent vs. Oracle Fusion Cloud Enterprise Performance Management

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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    FreeAgent

    Score5.5 out of 10
    N/AFreeAgent is an cloud-based accounting system designed for small businesses and freelancers. FreeAgent supports many core accounting features and bank reconciliation, payroll, tax management, project level accounting, and multiple currency support. It is mobile-accessible, and integrates with many apps.

    $13.50

    per month

    Oracle Fusion Cloud Enterprise Performance Management

    Score7.1 out of 10
    N/AOracle Fusion Cloud Enterprise Performance Management (EPM) is a solution that helps users model and plan across finance, HR, supply chain, and sales, streamline the financial close process.

    $250

    per user/per month

    Pricing
    FreeAgentOracle Fusion Cloud Enterprise Performance Management
    Editions & Modules
    FreeAgent
    $13.50
    per month
    FreeAgent
    $135
    per year
    EPM Standard
    $250
    per user/per month
    EPM Enterprise
    $500
    per user/per month
    Offerings
    Pricing Offerings
    FreeAgentOracle Fusion Cloud Enterprise Performance Management
    Free Trial
    YesNo
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    NoYes
    Entry-level Setup FeeNo setup feeNo setup fee
    Additional Details—Pricing per user varies by component within the Oracle EPM Cloud solution. Please see pricing information for the EPM Cloud components on cloud.oracle.com or contact Oracle Sales at +1.800.633.0738.
    More Pricing Information
    Features
    FreeAgentOracle Fusion Cloud Enterprise Performance Management
    Payroll Management
    Comparison of Payroll Management features of FreeAgent and Oracle Fusion Cloud Enterprise Performance Management
    Feature
    FreeAgent
    8.6
    13 Ratings
    13% above category average
    Oracle Fusion Cloud Enterprise Performance Management
    -
    Ratings
    Pay calculation8.012 Ratings00 Ratings
    Benefit plan administration8.56 Ratings00 Ratings
    Direct deposit files8.92 Ratings00 Ratings
    Salary revision and increment management8.86 Ratings00 Ratings
    Reimbursement management8.78 Ratings00 Ratings
    Customization
    Comparison of Customization features of FreeAgent and Oracle Fusion Cloud Enterprise Performance Management
    Feature
    FreeAgent
    6.7
    13 Ratings
    12% below category average
    Oracle Fusion Cloud Enterprise Performance Management
    -
    Ratings
    API for custom integration4.59 Ratings00 Ratings
    Plug-ins8.912 Ratings00 Ratings
    Security
    Comparison of Security features of FreeAgent and Oracle Fusion Cloud Enterprise Performance Management
    Feature
    FreeAgent
    8.5
    14 Ratings
    4% above category average
    Oracle Fusion Cloud Enterprise Performance Management
    -
    Ratings
    Single sign-on capability9.013 Ratings00 Ratings
    Role-based user permissions8.013 Ratings00 Ratings
    Reporting & Analytics
    Comparison of Reporting & Analytics features of FreeAgent and Oracle Fusion Cloud Enterprise Performance Management
    Feature
    FreeAgent
    6.4
    23 Ratings
    20% below category average
    Oracle Fusion Cloud Enterprise Performance Management
    -
    Ratings
    Dashboards7.121 Ratings00 Ratings
    Standard reports7.621 Ratings00 Ratings
    Custom reports4.410 Ratings00 Ratings
    General Ledger and Configurable Accounting
    Comparison of General Ledger and Configurable Accounting features of FreeAgent and Oracle Fusion Cloud Enterprise Performance Management
    Feature
    FreeAgent
    8.7
    25 Ratings
    13% above category average
    Oracle Fusion Cloud Enterprise Performance Management
    -
    Ratings
    Accounts payable8.020 Ratings00 Ratings
    Accounts receivable8.522 Ratings00 Ratings
    Cash management8.520 Ratings00 Ratings
    Bank reconciliation9.020 Ratings00 Ratings
    Expense management8.924 Ratings00 Ratings
    Time tracking9.018 Ratings00 Ratings
    Fixed asset management8.611 Ratings00 Ratings
    Multi-currency support8.110 Ratings00 Ratings
    Multi-division support9.05 Ratings00 Ratings
    Regulations compliance8.78 Ratings00 Ratings
    Electronic tax filing9.120 Ratings00 Ratings
    Self-service portal9.011 Ratings00 Ratings
    Journals and Reconciliations8.01 Ratings00 Ratings
    Inventory Management
    Comparison of Inventory Management features of FreeAgent and Oracle Fusion Cloud Enterprise Performance Management
    Feature
    FreeAgent
    7.4
    4 Ratings
    2% above category average
    Oracle Fusion Cloud Enterprise Performance Management
    -
    Ratings
    Inventory tracking7.72 Ratings00 Ratings
    Automatic reordering8.21 Ratings00 Ratings
    Location management4.51 Ratings00 Ratings
    Manufacturing module9.11 Ratings00 Ratings
    Order Management
    Comparison of Order Management features of FreeAgent and Oracle Fusion Cloud Enterprise Performance Management
    Feature
    FreeAgent
    8.1
    13 Ratings
    9% above category average
    Oracle Fusion Cloud Enterprise Performance Management
    -
    Ratings
    Pricing8.19 Ratings00 Ratings
    Order entry6.82 Ratings00 Ratings
    Credit card processing8.25 Ratings00 Ratings
    Cost of goods sold9.13 Ratings00 Ratings
    BI Standard Reporting
    Comparison of BI Standard Reporting features of FreeAgent and Oracle Fusion Cloud Enterprise Performance Management
    Feature
    FreeAgent
    -
    Ratings
    Oracle Fusion Cloud Enterprise Performance Management
    5.6
    3 Ratings
    29% below category average
    Pixel Perfect reports00 Ratings8.12 Ratings
    Customizable dashboards00 Ratings4.43 Ratings
    Report Formatting Templates00 Ratings4.43 Ratings
    Ad-hoc Reporting
    Comparison of Ad-hoc Reporting features of FreeAgent and Oracle Fusion Cloud Enterprise Performance Management
    Feature
    FreeAgent
    -
    Ratings
    Oracle Fusion Cloud Enterprise Performance Management
    6.7
    23 Ratings
    14% below category average
    Drill-down analysis00 Ratings6.022 Ratings
    Formatting capabilities00 Ratings7.021 Ratings
    Report sharing and collaboration00 Ratings7.019 Ratings
    Report Output and Scheduling
    Comparison of Report Output and Scheduling features of FreeAgent and Oracle Fusion Cloud Enterprise Performance Management
    Feature
    FreeAgent
    -
    Ratings
    Oracle Fusion Cloud Enterprise Performance Management
    7.5
    19 Ratings
    6% below category average
    Publish to Web00 Ratings8.016 Ratings
    Publish to PDF00 Ratings8.019 Ratings
    Report Versioning00 Ratings7.017 Ratings
    Report Delivery Scheduling00 Ratings7.015 Ratings
    Data Discovery and Visualization
    Comparison of Data Discovery and Visualization features of FreeAgent and Oracle Fusion Cloud Enterprise Performance Management
    Feature
    FreeAgent
    -
    Ratings
    Oracle Fusion Cloud Enterprise Performance Management
    5.9
    3 Ratings
    22% below category average
    Pre-built visualization formats (heatmaps, scatter plots etc.)00 Ratings6.03 Ratings
    Location Analytics / Geographic Visualization00 Ratings6.83 Ratings
    Predictive Analytics00 Ratings5.13 Ratings
    Access Control and Security
    Comparison of Access Control and Security features of FreeAgent and Oracle Fusion Cloud Enterprise Performance Management
    Feature
    FreeAgent
    -
    Ratings
    Oracle Fusion Cloud Enterprise Performance Management
    7.2
    24 Ratings
    15% below category average
    Multi-User Support (named login)00 Ratings7.020 Ratings
    Role-Based Security Model00 Ratings6.023 Ratings
    Multiple Access Permission Levels (Create, Read, Delete)00 Ratings8.020 Ratings
    Report-Level Access Control00 Ratings7.01 Ratings
    Single Sign-On (SSO)00 Ratings8.021 Ratings
    Mobile Capabilities
    Comparison of Mobile Capabilities features of FreeAgent and Oracle Fusion Cloud Enterprise Performance Management
    Feature
    FreeAgent
    -
    Ratings
    Oracle Fusion Cloud Enterprise Performance Management
    7.2
    2 Ratings
    2% below category average
    Responsive Design for Web Access00 Ratings6.22 Ratings
    Budgeting, Planning, and Forecasting
    Comparison of Budgeting, Planning, and Forecasting features of FreeAgent and Oracle Fusion Cloud Enterprise Performance Management
    Feature
    FreeAgent
    -
    Ratings
    Oracle Fusion Cloud Enterprise Performance Management
    6.6
    38 Ratings
    20% below category average
    Long-term financial planning00 Ratings7.030 Ratings
    Financial budgeting00 Ratings7.038 Ratings
    Forecasting00 Ratings6.037 Ratings
    Scenario modeling00 Ratings6.035 Ratings
    Management reporting00 Ratings7.033 Ratings
    Consolidation and Close
    Comparison of Consolidation and Close features of FreeAgent and Oracle Fusion Cloud Enterprise Performance Management
    Feature
    FreeAgent
    -
    Ratings
    Oracle Fusion Cloud Enterprise Performance Management
    7.3
    20 Ratings
    6% below category average
    Financial data consolidation00 Ratings7.017 Ratings
    Journal entries and reports00 Ratings6.014 Ratings
    Multi-currency management00 Ratings8.013 Ratings
    Intercompany Eliminations00 Ratings8.014 Ratings
    Minority Ownership00 Ratings7.012 Ratings
    Local and consolidated reporting00 Ratings8.016 Ratings
    Detailed Audit Trails00 Ratings7.016 Ratings
    Financial Reporting and Compliance
    Comparison of Financial Reporting and Compliance features of FreeAgent and Oracle Fusion Cloud Enterprise Performance Management
    Feature
    FreeAgent
    -
    Ratings
    Oracle Fusion Cloud Enterprise Performance Management
    7.2
    34 Ratings
    12% below category average
    Financial Statement Reporting00 Ratings7.029 Ratings
    Management Reporting00 Ratings8.032 Ratings
    Excel-based Reporting00 Ratings9.030 Ratings
    Automated board and financial reporting00 Ratings6.028 Ratings
    XBRL support for regulatory filing00 Ratings6.019 Ratings
    Analytics and Reporting
    Comparison of Analytics and Reporting features of FreeAgent and Oracle Fusion Cloud Enterprise Performance Management
    Feature
    FreeAgent
    -
    Ratings
    Oracle Fusion Cloud Enterprise Performance Management
    6.8
    25 Ratings
    10% below category average
    Personalized dashboards00 Ratings7.025 Ratings
    Color-coded scorecards00 Ratings7.73 Ratings
    KPIs00 Ratings7.44 Ratings
    Cost and profitability analysis00 Ratings6.74 Ratings
    Key Performance Indicator setting00 Ratings6.024 Ratings
    Benchmarking with external data00 Ratings6.024 Ratings
    Integration
    Comparison of Integration features of FreeAgent and Oracle Fusion Cloud Enterprise Performance Management
    Feature
    FreeAgent
    -
    Ratings
    Oracle Fusion Cloud Enterprise Performance Management
    7.0
    36 Ratings
    14% below category average
    Flat file integration00 Ratings7.034 Ratings
    Excel data integration00 Ratings7.032 Ratings
    Direct links to 3rd-party data sources00 Ratings7.028 Ratings
    Best Alternatives
    FreeAgentOracle Fusion Cloud Enterprise Performance Management
    Small Businesses
    QuickBooks Self-Employed (discontinued)
    Score4.2 out of 10
    No answers on this topic
    Medium-sized Companies
    MYOB
    Score8.3 out of 10
    IBM Planning Analytics
    Score8.5 out of 10
    Enterprises
    Microsoft Dynamics GP
    Score5.4 out of 10
    OneStream
    Score8.8 out of 10
    All AlternativesView all alternativesView all alternatives
    User Ratings
    FreeAgentOracle Fusion Cloud Enterprise Performance Management
    Likelihood to Recommend
    8.0
    (25 ratings)
    8.5
    (46 ratings)
    Likelihood to Renew
    9.0
    (1 ratings)
    9.0
    (3 ratings)
    Usability
    8.5
    (6 ratings)
    7.0
    (2 ratings)
    Availability
    8.9
    (5 ratings)
    10.0
    (1 ratings)
    Performance
    9.1
    (1 ratings)
    9.0
    (1 ratings)
    Support Rating
    1.0
    (1 ratings)
    6.8
    (3 ratings)
    Implementation Rating
    1.0
    (1 ratings)
    8.2
    (16 ratings)
    Configurability
    -
    (0 ratings)
    5.0
    (1 ratings)
    CPA Rating
    9.1
    (1 ratings)
    -
    (0 ratings)
    Ease of integration
    -
    (0 ratings)
    8.0
    (1 ratings)
    Product Scalability
    8.2
    (1 ratings)
    8.0
    (1 ratings)
    Vendor post-sale
    -
    (0 ratings)
    7.0
    (1 ratings)
    Vendor pre-sale
    -
    (0 ratings)
    9.0
    (1 ratings)
    User Testimonials
    FreeAgentOracle Fusion Cloud Enterprise Performance Management
    Likelihood to Recommend
    FreeAgent
    For micro and small business it is a great solution. The new requirements for MTD for landlords could also be met with this software. Groups and more complex businesses could not use the accounts and tax returns features, however they still could use it for bookkeeping and then export the data to other tax and accounts production software.
    Read full review
    Oracle
    It is well suited in a geographically distributed environment where you have various key participants in multiple time zones providing input and necessary explanations on performance and measured success It is less appropriate where you have a single office environment with a single finance department working together. It is also less suited when the GL is NOT an Oracle product and the interface between the GL and the reporting software needs to be implemented with utmost care and handling.
    Incentivized
    Read full review
    Pros
    FreeAgent
    • Accounting! As you'd expect. Makes it much simpler andmore cost effective. In-coming and out-goings are recorded and assigned to projects and accounts. My accountant can access my books and reconcile so much more easily than trawling through spreadsheets.
    • Time billing - time spent on projects/client work is recorded and is ready to be invoiced as required. Saves so much time and prevents inaccuracies.
    • Invoicing - again, it should do this well and it does. Non payment reminders are automatic and clients have no excuses for not knowing the status of their account.
    • Account dashboard - gives me an instant overview of the health of the business (am I on track to meet my yearly targets) and my accounts.
    Read full review
    Oracle
    • Account Reconciliation CLoud Services provides tight integration with Oracle R12 and 11i . Provides drillback capability. It is flexible and provides rich functionality to users.
    • We have implemented ARCS on cloud and migrated planning and budgeting from On premise to PBCS and EPBCS. Functionality is onpar with onpremise. Provides regular updates monthly
    • We don't need to upgrades every year and saved a lot on Hardware.
    Incentivized
    Read full review
    Cons
    FreeAgent
    • Reporting on financials, time tracking and project status is a little poor. It's adequate for what what we need, but would be great to see more advanced features.
    • API is quite closed so cannot integrate with our other project management tools.
    Incentivized
    Read full review
    Oracle
    • The limitation of constrained out of the box dimensions that requires ripping the initial implementation to add the new dimensions is a major drawback.
    • Smartview interface is cumbersome for many.
    • The only financial adapter is available for integration for other modules we have to go with file-based uploads which is cumbersome and not real-time.
    • It is very costly in terms of licensing unlike other Oracle products.
    Incentivized
    Read full review
    Likelihood to Renew
    FreeAgent
    We have used Freeagent for many years now and it serves us well for our needs. To change it would mean a lot of work, and this would most likely only happen if the cost became prohibitive to us.
    Incentivized
    Read full review
    Oracle
    We have a pretty good userbase who are at the high level who gained value from this tool. Discontinuing this tool is prone to impact their day to day operations. Also the data in this tool cannot alter the source, which maintains the integrity of this tool. Smartview is a cool addition that gained lot of traction as well.
    Incentivized
    Read full review
    Usability
    FreeAgent
    It is a great software that does everything we need for small business clients. It allows to keep the books in a cloud from bookkeeping to accounts production and tax returns, all in one software. There are no major drawbacks and I would highly recommend it for most of our clients.
    Incentivized
    Read full review
    Oracle
    It produces consolidated multi currency reports faster and more accurately whilst adding additional pivotal functionality. The Smartview reporting is a key for us and a flagstone of the application
    Incentivized
    Read full review
    Reliability and Availability
    FreeAgent
    Based in a cloud and never had any issues with down time. I can access from any device
    Read full review
    Oracle
    EPM has been so far available all the time
    Incentivized
    Read full review
    Performance
    FreeAgent
    No answers on this topic
    Oracle
    The product performance is so far very good
    Incentivized
    Read full review
    Support Rating
    FreeAgent
    I have never personally used support
    Incentivized
    Read full review
    Oracle
    Support from our implementation partner is a 10/10, but support from Oracle is awful. Case in point: recently over a 2-day period, there were a series of intermittent outages. Oracle actually asked US for the outage time-stamps. I would have thought that, since we were paying them, they should probably be able to tell us!
    Incentivized
    Read full review
    Implementation Rating
    FreeAgent
    Did not participate
    Incentivized
    Read full review
    Oracle
    I suggest doubling the time to implement from the initial quote you get from the Sales team. That's always been the case for me for multiple EPMs now. The out-of-the-box functionality of Oracle Planning and Budgeting Cloud is pretty robust so I appreciate that and it really helped us get the ball rolling quickly.
    Incentivized
    Read full review
    Alternatives Considered
    FreeAgent
    I have used and tested out many other systems. I was looking at Xero for my accounting system but at the time I chose FreeAgent because of the way it handles the recording of dividends and the inbuilt time recording. The others I trialed were good and many of them cheaper. FreeAgent best suited my requirements at the time.
    Incentivized
    Read full review
    Oracle
    Oracle Planning and Budgeting Cloud fared very well against Adaptive, Anaplan, and Host Analytics. We ultimately decided on Oracle due to its reputation and strength of existing customers. We are happy with our decision.
    Incentivized
    Read full review
    Scalability
    FreeAgent
    No answers on this topic
    Oracle
    The product is scalable
    Incentivized
    Read full review
    Return on Investment
    FreeAgent
    • Professional and uniform offering providing great confident customer service. My clients love it, whether they use it a little or a lot. It's a great piece of software - while sophisticated, it's straightforward to use.
    • Time saving and efficient use of my team's time. Being able to easily share and compare work / tasks.
    Read full review
    Oracle
    • Significantly reduced the amount of money we spent for the maintenance of in-house hardware.
    • We now need less employees to manage the configurations of Oracle EPM Cloud.
    • There have been many time savings as a whole to apply to more productive causes.
    Incentivized
    Read full review
    ScreenShots

    Oracle Fusion Cloud Enterprise Performance Management Screenshots

    Screenshot of Process and Workflow - Flexible Workflow and Process Management - Annotations - Concurrency in UsageScreenshot of Integration - External Integration - Oracle ERP Systems and Hybrid On-Premise DeploymentScreenshot of Planning and Forecasting - Decision-Oriented Plans with Instant Feedback Loop - What-If Modeling and SandboxScreenshot of Process and Workflow - Flexible Workflow and Process Management - Annotations - Concurrency in UsageScreenshot of User Interface - Role-Based, Intuitive User Interface - Role-Based Navigation Flows - Microsoft Office InterfaceScreenshot of Integration - External Integration - Oracle ERP Systems and Hybrid On-Premise Deployment