What users are saying about
Top Rated
201 Ratings
Top Rated
201 Ratings
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Score 8.1 out of 101

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Likelihood to Recommend

Oracle Financials

I have worked with many businesses, from an Indian casino, Cable company, government insurance, trucking and transportation and 2 healthcare organizations. I found a real issue for assets when dealing with leases of shipping containers, it was not able to track at that level of detail. For the government insurance, it did not have the level of detail needed for the payments and group policies needed in accounts receivable. for the Indian tribe, it had issues separating the various businesses and using different models for accounting. Also, security was a huge issue to see overall numbers but not details among the businesses. So each type of product has different strengths and works as designed, but the customizations can cause issues when making the software fit the business. I know Oracle has recommended changing the business process, but that does not always work, going forward.
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Feature Rating Comparison

Payroll Management

Oracle Financials
7.8
Pay calculation
Oracle Financials
8.0
Benefit plan administration
Oracle Financials
7.7
Direct deposit files
Oracle Financials
7.9
Salary revision and increment management
Oracle Financials
7.7
Reimbursement management
Oracle Financials
7.9

Customization

Oracle Financials
7.8
API for custom integration
Oracle Financials
8.3
Plug-ins
Oracle Financials
7.2

Security

Oracle Financials
8.0
Single sign-on capability
Oracle Financials
8.0
Role-based user permissions
Oracle Financials
8.0

Reporting & Analytics

Oracle Financials
7.6
Dashboards
Oracle Financials
8.5
Standard reports
Oracle Financials
6.7
Custom reports
Oracle Financials
7.5

General Ledger and Configurable Accounting

Oracle Financials
7.4
Accounts payable
Oracle Financials
8.6
Accounts receivable
Oracle Financials
8.5
Global Financial Support
Oracle Financials
6.0
Primary and Secondary Ledgers
Oracle Financials
8.1
Intercompany Accounting
Oracle Financials
6.8
Localizations
Oracle Financials
9.0
Journals and Reconciliations
Oracle Financials
7.4
Enterprise Accounting
Oracle Financials
7.3
Configurable Accounting
Oracle Financials
7.3
Centralized Rules Framework
Oracle Financials
6.5
Standardized Processes
Oracle Financials
6.3

Inventory Management

Oracle Financials
7.6
Inventory tracking
Oracle Financials
8.3
Automatic reordering
Oracle Financials
7.6
Location management
Oracle Financials
7.9
Manufacturing module
Oracle Financials
6.7

Order Management

Oracle Financials
8.1
Pricing
Oracle Financials
8.0
Order entry
Oracle Financials
8.7
Credit card processing
Oracle Financials
8.6
Cost of goods sold
Oracle Financials
8.9
Order Orchestration
Oracle Financials
8.5
End-to-end order visibility
Oracle Financials
8.1
Order exception Resolution
Oracle Financials
6.1

Subledger and Financial Process

Oracle Financials
6.8
Automated Invoice Processing
Oracle Financials
6.7
Shared Services Payments
Oracle Financials
6.4
Billings Management
Oracle Financials
7.0
Customer Receipt Applications
Oracle Financials
7.0
Customer Collections
Oracle Financials
6.3
Revenue Recognition
Oracle Financials
6.7
Cash Management
Oracle Financials
6.9
Asset Management
Oracle Financials
6.8
Travel & Expense Management
Oracle Financials
6.6
Budgetary Control & Encumbrance Accounting
Oracle Financials
7.2
Period Close
Oracle Financials
7.0
Transactions Tax
Oracle Financials
6.7
Subledger Reconciliations
Oracle Financials
7.2
3rd Party Accounting Systems
Oracle Financials
6.5

Project Financial Management

Oracle Financials
7.1
Budgeting and Forecasting
Oracle Financials
7.0
Project Costing
Oracle Financials
7.6
Cost Capture
Oracle Financials
7.6
Capital Project Management
Oracle Financials
7.7
Customer Invoicing
Oracle Financials
6.9
Customer Contract Compliance
Oracle Financials
6.4
Project Revenue Recognition
Oracle Financials
6.9
Project Financial Performance Analysis
Oracle Financials
6.7
Project Financials Dashboard
Oracle Financials
7.5
Real-time Financial Reporting
Oracle Financials
6.7
Embedded Business Intelligence
Oracle Financials
6.6
Project Planning Collaboration
Oracle Financials
8.0

Project Execution Management

Oracle Financials
7.4
Project Planning and Scheduling
Oracle Financials
7.5
Project Manager Dashboard
Oracle Financials
7.5
Resource Manager Dashboard
Oracle Financials
7.5
Task Insight for Project Managers
Oracle Financials
7.5
Project Manager Mobile Functionality
Oracle Financials
7.0
Team Member Task Collaboration
Oracle Financials
6.4
Team Member Mobile Functionality
Oracle Financials
7.4
Project Candidate Search
Oracle Financials
8.0
Project Candidate Comparison and Analysis
Oracle Financials
8.0
Defineable Resource Pools
Oracle Financials
8.5
Defineable Resource Pools
Oracle Financials
8.5
Talent Profiles
Oracle Financials
7.4
Real-Time Project Reporting
Oracle Financials
6.9
Absence Management
Oracle Financials
6.4
Product Lifecycle Management
Oracle Financials
6.9

Grants Management

Oracle Financials
6.4
Award Lifecycle Management
Oracle Financials
6.5
Spending Control
Oracle Financials
7.1
Indirect Cost Management
Oracle Financials
5.9
Billing
Oracle Financials
6.0

Procurement

Oracle Financials
7.0
Sourcing Team Collaboration
Oracle Financials
7.1
Sourcing Analysis
Oracle Financials
6.9
Bids Analyzed and Compared
Oracle Financials
7.1
Catalog Shopping E-Commerce for Employees
Oracle Financials
7.0
Contract Authoring
Oracle Financials
6.5
Contract Compliance Management
Oracle Financials
5.6
Contract History
Oracle Financials
7.1
Contract Renewal Automation
Oracle Financials
7.4
Contract Repository
Oracle Financials
6.8
Contract Standardization and Enforcement
Oracle Financials
6.9
Electronic Signatures
Oracle Financials
7.0
Invoice Automated Matching
Oracle Financials
7.4
Purchasing Risk and Compliance Management
Oracle Financials
6.9
Requisitions-to-Purchase Orders Integrated
Oracle Financials
6.8
Spend Compliance Management
Oracle Financials
6.7
Supplier Assessment
Oracle Financials
6.9
Supplier Communication and Collaboration
Oracle Financials
7.4
Supplier Management
Oracle Financials
7.3
Supplier Portal
Oracle Financials
7.3

Risk Management

Oracle Financials
7.7
Risk Repository
Oracle Financials
8.0
Control Management
Oracle Financials
7.0
Control Mapping
Oracle Financials
8.0
Control Efficiency Assessments
Oracle Financials
8.0
Automated Control Assessments
Oracle Financials
6.0
Assessment Capture
Oracle Financials
8.0
Issue Detection
Oracle Financials
8.0
Automatic Notification
Oracle Financials
8.0
Remediation and Certification
Oracle Financials
8.0

Logistics

Oracle Financials
7.1
Transportation Planning and Optimization
Oracle Financials
8.5
Transportation Sourcing Management
Oracle Financials
8.0
Transportation Process Integration
Oracle Financials
6.9
Transportation Execution Management
Oracle Financials
6.9
Freight Payment Automation
Oracle Financials
6.0
Trade Management
Oracle Financials
6.0

Supply Chain

Oracle Financials
7.3
Forecasting
Oracle Financials
8.0
Inventory Planning
Oracle Financials
8.0
Performance Monitoring
Oracle Financials
6.0

Pros

  • User friendly.
  • Not difficult to navigate or work with.
  • Able to extract data for analytics
No photo available

Cons

  • Ability to customize at a greater level of detail without losing the support of Oracle.
No photo available

Alternatives Considered

I have not evaluated any other financial products. So, Oracle financials would be one of the most highly rated product from me.
Samuel John profile photo

Return on Investment

  • We just went live for a month, our goal is to reduce month end close time from 5 days to 2 days.
  • Single system of record for revenue, accounts receivable and tax reporting
No photo available

Pricing Details

Oracle Financials

General
Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
Entry-level set up fee?
No
Additional Pricing Details