Streamlining Accounting Operations and Reducing Errors
December 12, 2020

Streamlining Accounting Operations and Reducing Errors

Anonymous | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User

Modules Used

  • Oracle Financials Cloud

Overall Satisfaction with Oracle Cloud ERP

Oracle Cloud ERP is used in our organization's accounting department. It helps streamline our accounting operations by supporting several different source systems. It helps improve performance by decreasing errors and implementing consistent accounting policies. Oracle Cloud ERP also generates dynamic reports that makes it easier to visualize financial data. It's also easy to get support and maintenance from Oracle.

  • Easy to upload data from different sources
  • Easy to use and maintain
  • Provides dynamic and easy-to-use reports
  • Needs easy training manual
  • Mobile support needs improvement
  • Fast Internet connection is required
  • Using single platform has saved cost
  • Streamlined process has saved time
  • Needed to implement a fast Internet connection for all users
Oracle Cloud ERP is easy to use, making it simple for end users to understand and use its many good features. Also, it connects to several source systems, making it easy to import data. It's also great for creating dynamic reports and exporting data.

It's not a useful solution for users who are new to this kind of technology because it requires time to train them. It can also be a problem if the organization lacks a fast Internet connection. Mobile support is also not great and needs improvement.

Oracle Fusion Cloud ERP Feature Ratings

Accounts payable
8
Accounts receivable
8
Global Financial Support
7
Primary and Secondary Ledgers
9
Journals and Reconciliations
9
Configurable Accounting
8
Standardized Processes
9
Billing Management
8
Cash and Asset Management
9
Travel & Expense Management
9
Budgetary Control & Encumbrance Accounting
8
Period Close
8
Dashboards
9
Standard reports
8
Custom reports
7
API for custom integration
8
Plug-ins
9
Role-based user permissions
8
Single sign-on capability
8
Award Lifecycle Management
7
Budgeting and Forecasting
7
Project Costing
Not Rated
Cost Capture
8
Capital Project Management
7
Customer Contract Compliance
Not Rated
Project Revenue Recognition
Not Rated
Not Rated