What users are saying about
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219 Ratings
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220 Ratings

Oracle Financials

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Score 7.8 out of 100

PeopleSoft

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Score 8.1 out of 100

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.
Anonymous | TrustRadius Reviewer

PeopleSoft

PeopleSoft Financials really fits well for us because it is one stop solution for all the problems. For example, our offices are in India, US, UK and we do business in multiple geographical regions. With the help of Multi currency set up we are able to post everything to ledger in one currency and do our accounting. The only place where it doesn't work is Services Procurement because there are multiple way to pay Services.
Jayesh Jhurani | TrustRadius Reviewer

Feature Rating Comparison

Payroll Management

Oracle Financials
8.9
PeopleSoft
8.1
Pay calculation
Oracle Financials
8.9
PeopleSoft
8.3
Benefit plan administration
Oracle Financials
8.9
PeopleSoft
7.9
Direct deposit files
Oracle Financials
8.9
PeopleSoft
8.1
Salary revision and increment management
Oracle Financials
8.9
PeopleSoft
8.0
Reimbursement management
Oracle Financials
8.9
PeopleSoft
7.9

Customization

Oracle Financials
7.6
PeopleSoft
7.7
API for custom integration
Oracle Financials
7.4
PeopleSoft
7.9
Plug-ins
Oracle Financials
7.8
PeopleSoft
7.6

Security

Oracle Financials
7.2
PeopleSoft
8.4
Single sign-on capability
Oracle Financials
7.3
PeopleSoft
8.3
Role-based user permissions
Oracle Financials
7.1
PeopleSoft
8.4

Reporting & Analytics

Oracle Financials
6.9
PeopleSoft
7.4
Dashboards
Oracle Financials
7.2
PeopleSoft
7.3
Standard reports
Oracle Financials
6.9
PeopleSoft
7.3
Custom reports
Oracle Financials
6.7
PeopleSoft
7.7

General Ledger and Configurable Accounting

Oracle Financials
7.8
PeopleSoft
7.9
Accounts payable
Oracle Financials
8.0
PeopleSoft
8.2
Accounts receivable
Oracle Financials
8.2
PeopleSoft
8.1
Global Financial Support
Oracle Financials
7.9
PeopleSoft
8.2
Primary and Secondary Ledgers
Oracle Financials
8.9
PeopleSoft
7.9
Intercompany Accounting
Oracle Financials
8.1
PeopleSoft
8.2
Localizations
Oracle Financials
7.3
PeopleSoft
7.4
Journals and Reconciliations
Oracle Financials
7.9
PeopleSoft
7.7
Enterprise Accounting
Oracle Financials
8.8
PeopleSoft
7.7
Configurable Accounting
Oracle Financials
8.3
PeopleSoft
7.3
Centralized Rules Framework
Oracle Financials
7.9
PeopleSoft
6.6
Standardized Processes
Oracle Financials
7.6
PeopleSoft
7.2

Inventory Management

Oracle Financials
8.1
PeopleSoft
8.1
Inventory tracking
Oracle Financials
8.3
PeopleSoft
7.5
Automatic reordering
Oracle Financials
8.5
PeopleSoft
7.8
Location management
Oracle Financials
8.7
PeopleSoft
8.4
Manufacturing module
Oracle Financials
7.0
PeopleSoft
8.5

Order Management

Oracle Financials
7.9
PeopleSoft
7.7
Pricing
Oracle Financials
7.0
PeopleSoft
6.9
Order entry
Oracle Financials
7.9
PeopleSoft
6.9
Credit card processing
Oracle Financials
9.0
PeopleSoft
9.0
Cost of goods sold
Oracle Financials
8.3
PeopleSoft
8.5
Order Orchestration
Oracle Financials
8.0
PeopleSoft
8.5
End-to-end order visibility
Oracle Financials
8.0
PeopleSoft
6.3
Order exception Resolution
Oracle Financials
7.3
PeopleSoft
7.8

Subledger and Financial Process

Oracle Financials
7.9
PeopleSoft
7.7
Automated Invoice Processing
Oracle Financials
7.0
PeopleSoft
7.7
Shared Services Payments
Oracle Financials
7.7
PeopleSoft
7.3
Billings Management
Oracle Financials
7.9
PeopleSoft
7.6
Customer Receipt Applications
Oracle Financials
8.6
PeopleSoft
8.1
Customer Collections
Oracle Financials
8.5
PeopleSoft
8.0
Revenue Recognition
Oracle Financials
7.7
PeopleSoft
7.9
Cash Management
Oracle Financials
8.4
PeopleSoft
7.2
Asset Management
Oracle Financials
8.3
PeopleSoft
7.5
Travel & Expense Management
Oracle Financials
8.9
PeopleSoft
7.7
Budgetary Control & Encumbrance Accounting
Oracle Financials
8.6
PeopleSoft
7.8
Period Close
Oracle Financials
7.5
PeopleSoft
7.8
Transactions Tax
Oracle Financials
6.0
PeopleSoft
8.0
Subledger Reconciliations
Oracle Financials
7.7
PeopleSoft
7.4
3rd Party Accounting Systems
Oracle Financials
8.4
PeopleSoft
7.8

Project Financial Management

Oracle Financials
8.0
PeopleSoft
7.9
Budgeting and Forecasting
Oracle Financials
9.3
PeopleSoft
7.5
Project Costing
Oracle Financials
8.8
PeopleSoft
8.1
Cost Capture
Oracle Financials
7.9
PeopleSoft
7.3
Capital Project Management
Oracle Financials
7.9
PeopleSoft
8.0
Customer Invoicing
Oracle Financials
7.6
PeopleSoft
8.1
Customer Contract Compliance
Oracle Financials
7.6
PeopleSoft
7.7
Project Revenue Recognition
Oracle Financials
7.7
PeopleSoft
8.3
Project Financial Performance Analysis
Oracle Financials
7.6
PeopleSoft
8.0
Project Financials Dashboard
Oracle Financials
8.0
PeopleSoft
7.8
Real-time Financial Reporting
Oracle Financials
7.7
PeopleSoft
7.9
Embedded Business Intelligence
Oracle Financials
7.8
PeopleSoft
7.8
Project Planning Collaboration
Oracle Financials
8.0
PeopleSoft
7.7

Project Execution Management

Oracle Financials
8.1
PeopleSoft
9.0
Project Planning and Scheduling
Oracle Financials
8.0
PeopleSoft
8.6
Project Manager Dashboard
Oracle Financials
8.9
PeopleSoft
8.8
Resource Manager Dashboard
Oracle Financials
8.0
PeopleSoft
8.8
Task Insight for Project Managers
Oracle Financials
8.0
PeopleSoft
9.4
Project Manager Mobile Functionality
Oracle Financials
8.0
PeopleSoft
9.4
Team Member Task Collaboration
Oracle Financials
7.9
PeopleSoft
9.4
Team Member Mobile Functionality
Oracle Financials
8.9
PeopleSoft
9.4
Project Candidate Search
Oracle Financials
8.0
PeopleSoft
9.5
Project Candidate Comparison and Analysis
Oracle Financials
8.0
PeopleSoft
9.5
Defineable Resource Pools
Oracle Financials
8.0
PeopleSoft
8.8
Defineable Resource Pools
Oracle Financials
8.0
PeopleSoft
8.8
Talent Profiles
Oracle Financials
8.0
PeopleSoft
8.6
Real-Time Project Reporting
Oracle Financials
8.0
PeopleSoft
8.5
Absence Management
Oracle Financials
7.9
PeopleSoft
8.4
Product Lifecycle Management
Oracle Financials
8.0
PeopleSoft
9.0

Grants Management

Oracle Financials
7.7
PeopleSoft
8.8
Award Lifecycle Management
Oracle Financials
7.6
PeopleSoft
8.7
Spending Control
Oracle Financials
7.8
PeopleSoft
9.0
Indirect Cost Management
Oracle Financials
7.7
PeopleSoft
8.6
Billing
Oracle Financials
7.7
PeopleSoft
9.1

Procurement

Oracle Financials
8.2
PeopleSoft
7.9
Sourcing Team Collaboration
Oracle Financials
7.8
PeopleSoft
7.4
Sourcing Analysis
Oracle Financials
7.7
PeopleSoft
7.1
Bids Analyzed and Compared
Oracle Financials
7.9
PeopleSoft
7.3
Catalog Shopping E-Commerce for Employees
Oracle Financials
7.0
PeopleSoft
8.0
Contract Authoring
Oracle Financials
8.7
PeopleSoft
8.0
Contract Compliance Management
Oracle Financials
7.9
PeopleSoft
7.7
Contract History
Oracle Financials
7.9
PeopleSoft
7.8
Contract Renewal Automation
Oracle Financials
7.9
PeopleSoft
8.0
Contract Repository
Oracle Financials
7.7
PeopleSoft
8.0
Contract Standardization and Enforcement
Oracle Financials
8.9
PeopleSoft
8.0
Electronic Signatures
Oracle Financials
8.7
PeopleSoft
8.2
Invoice Automated Matching
Oracle Financials
8.0
PeopleSoft
8.3
Purchasing Risk and Compliance Management
Oracle Financials
8.0
PeopleSoft
8.1
Requisitions-to-Purchase Orders Integrated
Oracle Financials
8.5
PeopleSoft
8.1
Spend Compliance Management
Oracle Financials
8.7
PeopleSoft
7.8
Supplier Assessment
Oracle Financials
7.5
PeopleSoft
8.0
Supplier Communication and Collaboration
Oracle Financials
9.0
PeopleSoft
8.0
Supplier Management
Oracle Financials
8.7
PeopleSoft
7.9
Supplier Portal
Oracle Financials
8.9
PeopleSoft
7.9

Risk Management

Oracle Financials
8.0
PeopleSoft
9.0
Risk Repository
Oracle Financials
8.0
PeopleSoft
9.0
Control Management
Oracle Financials
8.0
PeopleSoft
9.0
Control Mapping
Oracle Financials
8.0
PeopleSoft
9.0
Control Efficiency Assessments
Oracle Financials
8.0
PeopleSoft
9.0
Automated Control Assessments
Oracle Financials
8.0
PeopleSoft
9.0
Assessment Capture
Oracle Financials
8.0
PeopleSoft
9.0
Issue Detection
Oracle Financials
8.0
PeopleSoft
9.0
Automatic Notification
Oracle Financials
8.0
PeopleSoft
9.0
Remediation and Certification
Oracle Financials
8.0
PeopleSoft
9.0

Logistics

Oracle Financials
8.3
PeopleSoft
8.9
Transportation Planning and Optimization
Oracle Financials
8.0
PeopleSoft
8.9
Transportation Sourcing Management
Oracle Financials
8.0
PeopleSoft
8.9
Transportation Process Integration
Oracle Financials
8.0
PeopleSoft
8.9
Transportation Execution Management
Oracle Financials
8.0
PeopleSoft
8.9
Freight Payment Automation
Oracle Financials
8.9
PeopleSoft
8.9
Trade Management
Oracle Financials
8.0
PeopleSoft
8.9
Trade Regulatory Compliance Management
Oracle Financials
8.0
PeopleSoft
8.9
Customs Entry Management
Oracle Financials
8.0
PeopleSoft
8.9
Customs Document Management
Oracle Financials
8.0
PeopleSoft
8.9
Customs Document Collaboration
Oracle Financials
8.0
PeopleSoft
8.9
Fulfillment Management
Oracle Financials
9.0
PeopleSoft
8.9
Inventory Visibility
Oracle Financials
9.0
PeopleSoft
8.9
Warehouse Workforce Management
Oracle Financials
9.0
PeopleSoft
8.9

Manufacturing

Oracle Financials
7.3
PeopleSoft
8.9
Production Process Design
Oracle Financials
7.0
PeopleSoft
8.9
Supply Chain Business Flows
Oracle Financials
7.0
PeopleSoft
8.9
Production Management
Oracle Financials
6.5
PeopleSoft
9.0
Contracted Manufacturing Management
Oracle Financials
6.0
PeopleSoft
8.9
Configuration Management
Oracle Financials
7.0
PeopleSoft
8.9
Work Definition
Oracle Financials
7.5
PeopleSoft
8.9
Work Execution
Oracle Financials
8.0
PeopleSoft
8.9
Advanced Fulfillment
Oracle Financials
8.0
PeopleSoft
8.8
Manufacturing Costs
Oracle Financials
8.5
PeopleSoft
8.9

Supply Chain

Oracle Financials
8.2
PeopleSoft
8.9
Forecasting
Oracle Financials
9.0
PeopleSoft
8.8
Inventory Planning
Oracle Financials
8.0
PeopleSoft
9.1
Multi-tier Supply Chain Planning
Oracle Financials
8.0
PeopleSoft
8.8
Performance Monitoring
Oracle Financials
8.0
PeopleSoft
8.9

Product Lifecycle Management

Oracle Financials
8.0
PeopleSoft
8.8
Ideation Management
Oracle Financials
8.0
PeopleSoft
8.9
Requirements Management
Oracle Financials
8.0
PeopleSoft
8.9
Proposal Management
Oracle Financials
8.0
PeopleSoft
8.9
Innovation Portfolio Management
Oracle Financials
8.0
PeopleSoft
8.9
Product Master Data Management
Oracle Financials
8.0
PeopleSoft
8.5
Vendor Portal
Oracle Financials
8.0
PeopleSoft
8.5
Project Portfolio Management
Oracle Financials
8.0
PeopleSoft
9.0

Pros

Oracle Financials

  • HFM is a powerful tool that has the ability to (usually) quickly consolidate and organize large amounts of data from many different sites around the world.
  • HFM's ability to eliminate intercompany transactions is very helpful when a number of our business units buy and sell from one another frequently.
  • Although the mechanics and coding are far from intuitive, the ability to export large amounts of data using the Excel add-in Smart View significantly reduces the amount of time required for manually adjusting individual pieces of data within the HFM system.
Dan McDougell | TrustRadius Reviewer

PeopleSoft

  • Customizable - PeopleSoft Financials allows for an incredible amount of flexibility and customization which is well suited to many industries including the healthcare and utility sectors.
  • Platform Agnostic - PeopleSoft Financials has adapted to the shifting environment of multi-form-factor devices and the challenges that arise with mobile browsers and desktop power users by implementing a "Fluid" interface that can be used across all devices
  • Feature Rich - PeopleSoft Financials includes settings and configuration for virtually any situation that arises within an organization's financial model, with most transactional settings being more than is required by the industry which ensures tracking to the level the organization requires
Bennett Walker | TrustRadius Reviewer

Cons

Oracle Financials

  • The Oracle Fixed Assets Module is not well suited to handle the unique demands of utility accounting.
  • Upgrades can be a large undertaking for both the technical team and users who will be testing. The magnitude depends on what automated testing is in place and the level of customization within the application.
  • As with most major software it is less problematic to be slightly behind the curve on any patching or overall product version. Bugs in newly released content are not uncommon.
Ryan Payne | TrustRadius Reviewer

PeopleSoft

  • The newest version of PeopleSoft nVision requires that the client version of Excel to be 64 bit. Many companies do not support 64 Bit Excel. It would be nice if they kept the tool on the 32 bit Excel.
  • Oracle Support is not always timely in the responses to product questions or bugs discovered with PeopleSoft Financials. It would be nice if Oracle provided a Service Level Agreement for encountered bugs.
  • The archiving solution with PeopleSoft Financials is not very robust. It is cumbersome to move historical data from the transaction tables to the archive tables. Also, it would be nice if the archive tables were upgraded in the same manner as the transactional tables.
Anonymous | TrustRadius Reviewer

Likelihood to Renew

Oracle Financials

No score
No answers yet
No answers on this topic

PeopleSoft

PeopleSoft 9.1
Based on 2 answers
PRISM is a great tool to track and watch numerous financial documents. I would like to see more of an integration platform that would control tracking for specific project details. There is currently only a little section for job notes which I would like to see improve. I think navigation could be improved, but isn't the worst compared to some platforms I have worked with as it provides a tree like structure on the backend which helps synchronize information together for fiscal financials.
Laura Leistikow | TrustRadius Reviewer

Usability

Oracle Financials

No score
No answers yet
No answers on this topic

PeopleSoft

PeopleSoft 8.2
Based on 1 answer
PeopleSoft financial is user friendly and once you get the hang of it is very useful in everyday accounting
Christina O'Steen | TrustRadius Reviewer

Support Rating

Oracle Financials

No score
No answers yet
No answers on this topic

PeopleSoft

PeopleSoft 8.2
Based on 1 answer
Because when I have a problem, our staff is well trained and they can answer most of my questions on the first call
Christina O'Steen | TrustRadius Reviewer

Implementation Rating

Oracle Financials

No score
No answers yet
No answers on this topic

PeopleSoft

PeopleSoft 9.1
Based on 1 answer
I wasn't part of the implementation
Christina O'Steen | TrustRadius Reviewer

Alternatives Considered

Oracle Financials

It is an end-to-end application which provides a complete and robust solution. It is an enterprise solution that helps in smooth operations of the finance organization in the company. Oracle should also invest in an integrated treasury management solution. We are able to get complete information with details as required for decision making.
Saurabh Parwal | TrustRadius Reviewer

PeopleSoft

PeopleSoft is much more appropriate for large organizations than the software programs listed here. I'm involved in a project to bring billing and accounts receivable functions out of "shadow systems" like those listed here and into PeopleSoft, and PeopleSoft is more robust, flexible, and standardizable. We've found it to be an excellent solution.
Cassandra Rayne Gross | TrustRadius Reviewer

Return on Investment

Oracle Financials

  • The system allows for us to track and report our fiscal responsibilities to the taxpayers in an accurate and timely manner. I am involved in running the system not the purchase of the system so I do not know that financial investment that we have into it.
Anonymous | TrustRadius Reviewer

PeopleSoft

  • I would like to see more people using this product so that we can get a better return on investment. It is a good start that 20% of the employee pool is using this product occasionally. I would like to send reminders to employees to check this out more often and remind them what benefits we provide.
vivi wong | TrustRadius Reviewer

Pricing Details

Oracle Financials

General

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

PeopleSoft

General

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

Rating Summary

Likelihood to Recommend

Oracle Financials
7.8
PeopleSoft
8.2

Likelihood to Renew

Oracle Financials
PeopleSoft
9.1

Usability

Oracle Financials
PeopleSoft
8.2

Reliability and Availability

Oracle Financials
PeopleSoft
10.0

Support Rating

Oracle Financials
PeopleSoft
8.2

Implementation Rating

Oracle Financials
PeopleSoft
9.1

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