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Oracle Financials Review
September 18, 2019

Oracle Financials Review

Anonymous | TrustRadius Reviewer
Score 5 out of 10
Vetted Review
Verified User

Modules Used

  • Financial Control & Reporting
  • Procure-To-Pay

Overall Satisfaction with Oracle Financials

Oracle Financials is used by our finance team for reconciliations. My team grabs all the online transactions on the platform, and then push it to Oracle for our finance team to do the reconciliation magic! The company used different Oracle financial modules like account receivables, account payables, and general ledger to reconcile receipts with the bank transactions.
  • It's really great at doing the reconciliation job for the company.
  • Provides lockbox functionality to import the files from different vendors.
  • Seamless integration with different banks.
  • Has a hard time with huge datasets.
  • Overall it's been positive.
We moved to Oracle Financial from Quickbooks pretty early in the process and haven't looked back.
It really helps in the reconciliation process and provides seamless integration with third parties, especially banks. The general ledger module really works well for the company, but the account recommendation module can be improved a bit. I wish we could load more data. The interfaces could be simpler.

Oracle Fusion Cloud ERP Feature Ratings

6.7
Accounts payable
6
Accounts receivable
7
Journals and Reconciliations
7
7.0
Billing Management
Not Rated
Cash and Asset Management
7
Budgetary Control & Encumbrance Accounting
Not Rated
Period Close
7
Not Rated
Inventory tracking
Not Rated
Automatic reordering
Not Rated
Location management
Not Rated
Not Rated
Pricing
Not Rated
Order entry
Not Rated
Credit card processing
Not Rated
Cost of goods sold
Not Rated
Order Orchestration
Not Rated
Not Rated
Pay calculation
Not Rated
Benefit plan administration
Not Rated
Direct deposit files
Not Rated
Not Rated
Dashboards
Not Rated
Standard reports
Not Rated
Custom reports
Not Rated
Not Rated
API for custom integration
Not Rated
Plug-ins
Not Rated
Not Rated
Role-based user permissions
Not Rated
Single sign-on capability
Not Rated
Not Rated
Award Lifecycle Management
Not Rated
Not Rated
Budgeting and Forecasting
Not Rated
Project Costing
Not Rated
Cost Capture
Not Rated
Capital Project Management
Not Rated
Customer Contract Compliance
Not Rated
Project Revenue Recognition
Not Rated
Not Rated
Project Planning and Scheduling
Not Rated
Task Insight for Project Managers
Not Rated
Project Mobile Functionality
Not Rated
Definable Resource Pools
Not Rated
Not Rated
Bids Analyzed and Compared
Not Rated
Contract Authoring
Not Rated
Contract Repository
Not Rated
Requisitions-to-Purchase Orders Integrated
Not Rated
Supplier Management
Not Rated
Not Rated
Risk Repository
Not Rated
Control Management
Not Rated
Control Efficiency Assessments
Not Rated
Issue Detection
Not Rated
Remediation and Certification
Not Rated
Not Rated
Transportation Planning and Optimization
Not Rated
Transportation Execution Management
Not Rated
Trade and Customs Management
Not Rated
Fulfillment Management
Not Rated
Warehouse Workforce Management
Not Rated
Not Rated
Production Process Design
Not Rated
Production Management
Not Rated
Configuration Management
Not Rated
Work Execution
Not Rated
Manufacturing Costs
Not Rated
Not Rated
Forecasting
Not Rated
Inventory Planning
Not Rated
Performance Monitoring
Not Rated
Not Rated
Proposal Management
Not Rated
Product Master Data Management
Not Rated