Oracle Financial Cloud for Bank Ledgers
March 13, 2018

Oracle Financial Cloud for Bank Ledgers

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

Modules Used

  • Oracle Financials Cloud

Overall Satisfaction with Oracle ERP Cloud

Oracle Financials Cloud is used within large division of the bank, used for all of GL processing and top-of-the-house reporting.

Pros

  • Excellent MOLAP capabilities
  • Robust self-serve reporting
  • Good visualization and charting

Cons

  • Query response time
  • Load performance
  • Too early to say when post-migration ROI will turn positive.
  • SAP
They are comparable, but Oracle Financials Cloud is more flexible and its data models, including financial dimensions structure, are easier to map to and use.

It is suited for processing and reporting AP, AR, IC, JE, Recons.

It might not integrate well with externally sourced sub-ledgers.

Oracle Fusion Cloud ERP Feature Ratings

8.0
Accounts payable
9
Accounts receivable
9
Global Financial Support
9
Primary and Secondary Ledgers
7
Journals and Reconciliations
8
Configurable Accounting
8
Standardized Processes
6
Subledger and Financial Process ()
Not Rated
8.0
Inventory tracking
8
Automatic reordering
8
Location management
8
8.0
Pricing
8
Order entry
8
Credit card processing
8
Cost of goods sold
8
Order Orchestration
8
7.7
Pay calculation
8
Benefit plan administration
7
Direct deposit files
8
10.0
Dashboards
10
Standard reports
10
Custom reports
10
7.0
API for custom integration
7
Plug-ins
7
8.0
Role-based user permissions
8
Single sign-on capability
8
Grants Management ()
Not Rated
Project Financial Management ()
Not Rated
Project Execution Management ()
Not Rated
Procurement ()
Not Rated
Risk Management ()
Not Rated
Logistics ()
Not Rated
Manufacturing ()
Not Rated
Supply Chain ()
Not Rated
Product Lifecycle Management ()
Not Rated

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