First class flight to first class financials
March 08, 2018

First class flight to first class financials

Anonymous | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User

Modules Used

  • Financial Control & Reporting

Overall Satisfaction with Oracle Financials

Oracle Financials is used primarily by the Business Control (Finance and Accounting) department. It provides our local management reporting and is used for our budgeting/planning tool. We also use it to perform our reporting to our Parent company. It addresses our needs to drill down to lower level data while reporting at a higher level.
  • The user interface is fairly easy to navigate.
  • It has great reporting writing functionality.
  • It performs complex consolidations.
  • The web version of the Financial Reporting Studio is difficult to use.
  • The load error reports are difficult to decipher.
  • Difficult to quantify. I would say our initial investment has produced a positive ROI in that we are better able to analyze our business and make informed business decisions.
Oracle Financials is well suited for financial reporting and analysis and budgeting/planning. It has great functionality with the Smartview Excel add-in. It might be less appropriate for smaller organizations.

Oracle Fusion Cloud ERP Feature Ratings

Accounts payable
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Accounts receivable
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Global Financial Support
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Primary and Secondary Ledgers
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Journals and Reconciliations
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Configurable Accounting
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Standardized Processes
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Billing Management
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Cash and Asset Management
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Travel & Expense Management
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Budgetary Control & Encumbrance Accounting
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Period Close
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Inventory tracking
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Automatic reordering
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Location management
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Pricing
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Order entry
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Credit card processing
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Cost of goods sold
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Order Orchestration
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Pay calculation
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Benefit plan administration
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Direct deposit files
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Dashboards
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Standard reports
8
Custom reports
9
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API for custom integration
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Plug-ins
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Role-based user permissions
8
Single sign-on capability
5
Award Lifecycle Management
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Budgeting and Forecasting
8
Project Costing
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Cost Capture
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Capital Project Management
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Customer Contract Compliance
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Project Revenue Recognition
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Project Planning and Scheduling
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Task Insight for Project Managers
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Project Mobile Functionality
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Definable Resource Pools
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Bids Analyzed and Compared
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Contract Authoring
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Contract Repository
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Requisitions-to-Purchase Orders Integrated
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Supplier Management
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Risk Repository
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Control Management
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Control Efficiency Assessments
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Issue Detection
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Remediation and Certification
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Transportation Planning and Optimization
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Transportation Execution Management
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Trade and Customs Management
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Fulfillment Management
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Warehouse Workforce Management
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Production Process Design
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Production Management
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Configuration Management
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Work Execution
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Manufacturing Costs
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Forecasting
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Inventory Planning
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Performance Monitoring
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Proposal Management
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Product Master Data Management
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