Oracle Financials at a glance
September 18, 2019

Oracle Financials at a glance

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

Modules Used

  • Procure-To-Pay
  • Financials
  • Supply Chain
  • Manufacturing
  • Oracle Point Of Sales

Overall Satisfaction with Oracle Financials

We use the Oracle Financials across the entire organization spread out in 26 countries with 70+ Legal entities. It helps in standardizing our accounting policies and processes. It also helps in consolidating the financials for the company and ease-of-use at the month end and year end processing. Oracle Financials helps us with getting transactions recorded seamlessly with tight integration.
  • Seamless Integration
  • Cover End-to-End Business Process
  • Ease-of-use
  • Improve user experience by removing ugly looking java forms
  • Improve ease of period close process
  • Improve interface and integration issues
  • We are able to reduce the time to monthly accounting close
  • Streamlined processes
  • There are a lot of training requirements for the user
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.
Oracle Financials is suitable in cases where:
1) Integrations are not required
2) End-to-end process are carried out through Oracle Financials
3) Cases where the users work from desktop or laptop but available through iPad or other handheld devices
4) It takes a lot of time to capture the data and there's a need to depend on external data entry systems like RPA etc.

Oracle Fusion Cloud ERP Feature Ratings

Accounts payable
9
Accounts receivable
8
Primary and Secondary Ledgers
10
Journals and Reconciliations
9
Configurable Accounting
9
Standardized Processes
8
Cash and Asset Management
9
Travel & Expense Management
10
Budgetary Control & Encumbrance Accounting
8
Period Close
5
Inventory tracking
8
Automatic reordering
8
Location management
8
Pricing
6
Order entry
6
Cost of goods sold
9
Standard reports
2
Custom reports
2
API for custom integration
9
Plug-ins
9
Single sign-on capability
9
Supplier Management
8
Not Rated
Production Management
7
Work Execution
8
Manufacturing Costs
9