Likelihood to Recommend 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.
Read full review QuickBooks Premier is not well suited to manufacturing industries, as it cannot handle the complicated inventory requirements of raw materials, work in process, and finished goods. Retailers and Wholesalers can use QuickBooks Premier as long as they have an add-on inventory tracking program or Point of Sale system that integrates with QuickBooks. Likewise, restaurants would need specialized restaurant software that integrates with QuickBooks Premier. Non-profits can use QuickBooks Premier non-profit edition, but if they use fund accounting, it will require some complicated work-arounds. QuickBooks Premier is well-suited to most construction trades, personal and professional services providers, small retailers, and rental property owners.
Read full review Pros 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. Read full review The program is easy to learn and use. We can train our clients' personnel how to use the program with out difficulty. It is easy for clients to generate bills and manage accounts receivable. It is easy to manage accounts payable and allows clients to pay their bills electronically. Transactions can be imported electronically for credit card and banking transactions. It is easy to reconcile bank and credit card accounts. We can import data generated by QuickBooks into our tax and accounting software. Read full review Cons 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. Read full review I would like to be able to choose how i want to view accounts receivable aging. I would like some flexibility to sort and choose how to present the data. For a seasoned accountant, I would like to see some of the restrictive controls that are in place for novices to be able to be relaxed so that I can easily make some entries and adjust some balances that ordinarily a regular user would not be able to do. I would like to see an easy way to clear old outstanding checks that need to be reversed without affecting prior balances/history. Read full review Likelihood to Renew 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.
Read full review Because we have been extremely happy with the product and our organization tends to be creatures of habit. We rarely leave a product that works this well for the latest and greatest. Typically we follow the "if it's not broken, don't fix it rule". While QB does make changes we typically just roll with it. If we do find something we don't like we work through it until we fully understand its functionality.
Read full review Usability EPM usability is good in some modules but needs some improvement in others
Read full review QuickBooks is an amazing tool that provides all of the necessary features needed to run the finances of a company. I would like for QuickBooks to provide better resources for training. There are many features that go unused because of lack of knowledge.
Procore offers chatting and calls on their platform and they make it easy and accessible to get answers and solutions.
Read full review Reliability and Availability EPM has been so far available all the time
Read full review This is very reliable software, the desktop version is fast. If there is a problem, it is most likely on your own hardware!
Read full review Performance The product performance is so far very good
Read full review It takes forever to load.
Read full review Support Rating 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!
Greg Grey Senior Manager, Corporate Finance and Treasury Applications
Read full review This is an awesome product and the support team is very knowledgeable. The product is mature, so there are not a lot of bugs and the support team really solves problems quickly. Usually it is a user error issue, but the support desk helps me out. I love the fact that it is US based support.
Read full review Implementation Rating 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.
Read full review It is important to do your research. There are tutorial videos online that could help new user of this accounting system. These tutorials are straightforward and easily understandable.
Read full review Alternatives Considered 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.
Read full review QuickBooks Premier handles most of my business functions efficiently in one package. It is not my "everything." I use Replicon for time rather than QuickBooks. I don't want my WIP data interfering with my accounting. I use PaySimple for it's web interface and back office processing. I don't have security issues since I don't have any credit card data in my possession. With today's identity theft environment, I have to protect myself as much as I can. Not having credit card data in my accounting software lets me sleep much better at night. Quicken will do basic accounting but does not have all the double entry accounting systems contained in QuickBooks. QuickBooks Online does much of the basic business functions but I don't like the pricing structure. As a professional accountant, that is very important to me. Bill.com provided a good service but the ability of QuickBooks to add bills and receipts to transactions makes it redundant.
Read full review Scalability The product is scalable
Read full review They're getting better. Still room for improvement.
Read full review Return on Investment 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. Read full review Since our financials are kept very up to date, it helps us compare our financial results to prior years and it is used for our internal goal setting. Due to the accountant copy function, we are able to provide better service since our clients are not waiting on us to fix historical data. They can continue their operations uninterrupted. The import feature certainly speeds up the process of accounting for our payroll. As previously mentioned, it takes about a minute to do our entries for payroll and check them. Read full review ScreenShots Oracle Fusion Cloud Enterprise Performance Management Screenshots