Home/Accounting Software/Oracle EBS Financials
Updated on: May 26, 2020
What is Oracle EBS Financials ?
Oracle EBS Financials - Accounting Software : SaaSworthy.com
84% The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read More

Oracle EBS Financials

Smart and secure approach of handling finance
(287 Ratings) Write Review

Oracle E-Business Suite Financials aims at increasing efficiency of your business and reducing the back-office costs. The centralized architecture for accounting, taxes, payments, and banks allows the business to increase ‘Shared Services Efficiency’. The E-Business suite also helps in saving crucial time during decision making by providing seamless integration with business intelligence and offering market-leading planning and consolidation solutions. The software also ensures to manage enterprise risk and reduce compliance costs with end-to-end processes for governance, risk, and compliance.

Oracle EBS Financials Features Show All Features

Oracle EBS Financials Technical details

Support Business Hours Online Customer Type Large Enterprises Medium Business Small Business
API NA Location / Phone Number Redwood Shores, CA / +1 (650) 506-7000
Deployment SaaS/Web/Cloud Installed - Windows Category Accounting Software

Oracle EBS Financials Pricing

Pricing ModelQuotation Based
Oracle Financial Management
Custom

Features

  • Asset Lifecycle Management
  • Cash and Treasury Management
  • Credit-To-Cash
  • Financial Control and Reporting
  • Governance, Risk and Compliance
  • Lease and Finance Management
  • Procure-To-Pay

Contact the vendor to get the latest pricing detail.

Disclaimer: Oracle EBS Financials is available on quotation basis. Please visit the vendor website to get a customized pricing for your company.

Oracle EBS Financials FAQs

Oracle EBS Financials is Accounting Software. Oracle EBS Financials offers the following functionalities:

  • Accounts Payable
  • Accounts Receivable
  • Bank Reconciliation
  • Billing and Invoicing
  • Cash Management
  • Collections
  • Expense Tracking
  • Fixed Asset Management
  • General Ledger
  • Payroll
  • Purchasing
  • Revenue Recognition

Learn more about Oracle EBS Financials features.

Oracle EBS Financials provides a custom pricing for their software.

Learn more about Oracle EBS Financials pricing.

No, Oracle EBS Financials does not offer a free plan.

Learn more about Oracle EBS Financials pricing.

No, Oracle EBS Financials does not provide API.

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Oracle EBS Financials Reviews

OVERALL RATING
4
Based on 287 Rating(s)
Rating Distribution
  • 195
  • 63
  • 22
  • 6
  • 1
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User in Food ProductionSource : g2crowd.com
(Reviewed on 20 January 2020)
"Comprehensive Financial Book Keeping solution That's robust"

What do you like best?

The solution is modular and salable solution which can be customized as per the organisations requirement.

There are many modules within the financial suites that come along with the base solution foot print.

The most common are Accounts receivable, Accounts payable, Cash Management, General Ledger & Fixed assets.

What do you dislike?

The major problem with the entire oracle E business suites is the Graphical User Interface. For some reason the company is not looking at the GUI as one would expect

Recommendations to others considering the product:

The solution is great but only for Mid to Large organisation.

What problems are you solving with the product? What benefits have you realized?

The solution is actively used for the financial book keeping and reporting.

...more
Joe MSource : g2crowd.com
(Reviewed on 27 November 2019)
"Modernize Your Financials"

What do you like best?

EBS Financials allows for full integration with every application in EBS. Whether your organization requires Order Management, Purchasing, Payables, Receivables, Payroll etc. EBS provides the solution to integrate your data seamlessly over to the general ledger so that your business can keep doing what it does best. Even better, EBS provides the reports and tools to understand your business too.

What do you dislike?

EBS Financials is so robust and there are so many setups you can make to optimize your business. If there is a downside to using financials, the only one I can caution you of is that the learning curve is huge - not just to implement, but also to maintain. There are so many moving pieces, and often changing one setup in one application can affect the others. So think carefully about your organization, and think even harder about where you see it going in 10 years. You'll be stuck with the choices you make for years to come, so make the right ones.

Recommendations to others considering the product:

I would recommend avoiding EBS financials in favor of Oracle cloud at this point.

What problems are you solving with the product? What benefits have you realized?

EBS Financials provides enterprise-wide, professional grade, GAAP compliant accounting solutions for both corporate and governmental accounting. The segmentation of each account string allows for quick and easy categorization, and financials allows you to easily view the balances in your chart of accounts and immediately know how your business is doing.

...more
Claudio SSource : g2crowd.com
(Reviewed on 13 November 2019)
"Easy to use and it does the job"

What do you like best?

Very easy to use, you can do your expense report and update the bank information in the same place

What do you dislike?

sometimes the tool does not recognize my user and i can not login

What problems are you solving with the product? What benefits have you realized?

Expense report

...more
Hashan CSource : g2crowd.com
(Reviewed on 28 October 2019)
"Excel your Business to another Level with Oracle "

What do you like best?

The best feature of Oracle is you can link this software to various high-end software. For Example, a Warehouse management system( WMS) works flawlessly with Oracle. Furthermore, the Accounts Receivable team and Accounts Payable team can generate various reports based on their actual requirements. For Instance, aging buckets for customer and supplier payments can split into numerous parameters and generate reports as per the users' wish. Allows administrators to do modification in interfaces within minimal time.

What do you dislike?

Often the interface does not look eye-catchy, it has a vintage look. Report generation sometimes takes an unreasonable time to pop-up. When it comes to warehouse Inventory allocations, it doe not properly streamline with the connected software like (WMS), hence transactions get fail due to no reason. Companies need to maintain strong technical experts who know know-how about Oracle to find out glitches in the system, hence IT budget naturally increase.

Recommendations to others considering the product:

Having Oracle will safeguard your company's future investments and expansion of the business. Even when you need to request for a loan from a bank because Banks often ask for system-generated Asset reports and financial data. Having Oracle will ensure you reach a win-win situation. All the reputed financial institutes around the world honor this system's financial reports due to its accuracy.Having Oracle will safeguard your company if you need to request for a loan from a bank because they often ask for system generated Asset reports and financial data. Having Oracle will ensure you reach to a win-win situation.

What problems are you solving with the product? What benefits have you realized?

One classic example with Oracle is when we need to find out which customers are holding their payments towards our company for more than 60, 90 days and beyond 90 days can easily identify through aging buckets. By having this option, it allows the company to take initiatives such as to block the customer and utilize their PDCs to recover the default payments; therefore the company's liquid cash never drys out.

...more
User in Health, Wellness and FitnessSource : g2crowd.com
(Reviewed on 22 October 2019)
"Oracle"

What do you like best?

Easy to use, good support. It is easy to train on as well as learning how to n.v use.

What do you dislike?

Oracle.financials had some glitches and errors when implementing certain processes

What problems are you solving with the product? What benefits have you realized?

Oracle financials mainstreamed the information that was needed for reviews.

...more
User in AccountingSource : g2crowd.com
(Reviewed on 08 October 2019)
"Oracle"

What do you like best?

Navigation is simple and it’s easy to use.

What do you dislike?

Load time from Java script and crashes are the main concerns

What problems are you solving with the product? What benefits have you realized?

Account reconciliation

...more
Verified UserSource : trustradius.com
(Reviewed on 03 October 2019)
Oracle Financials and Supply Chain

Use Cases and Deployment Scope

We use Oracle Financials across the Verizon Media Group. It is used by finance team and across the entire organization [for] procurement/inventory management. Helps in procurement to pay process, asset management, inventory, warehouse management etc., as the primary system of records. It is the primary system for financial reporting and consolidation process.

Pros and Cons

  • Fixed Assets management
  • Warehouse Management
  • Payables Process
  • GL
Edit
  • Consolidated reporting
  • User interface

Likelihood to Recommend

Tight integration across multiple business processes from a financial perspective.
Read this authenticated review

...more
Srinivasan KannanSource : trustradius.com
(Reviewed on 28 September 2019)
Oracle Financials Review

Use Cases and Deployment Scope

It is predominantly used for financial accounting. It is used by the entire finance department.

Pros and Cons

  • Month-end closing process.
  • Seamless integration between subledgers.
Edit
  • Good dashboard.
  • More options in reporting with details of sub-ledger in a unified format

Likelihood to Recommend

Oracle Financials is well suited an organization that wants to implement vanilla implementation where the users don't want to customize. Oracle already has prebuilt many features. It is less appropriate if the organization has a need for minimal features because the cost of the product is high for implementing with minimal features. Oracle should come up with flexible pricing within a single module based on features.
Read Srinivasan Kannan's full review

...more
Executive Sponsor in TelecommunicationsSource : g2crowd.com
(Reviewed on 26 September 2019)
"Good Product"

What do you like best?

Oracle EBS Financials are a comprehensive tool with wide range of modules included. It includes almost all processes a wide enterprise needs.

What do you dislike?

Cash management side is not strong enough, unfortunately we built our own tool. And there should be a solution to central finance management of holdings that use separate systems like sap, microsoft etc.

Recommendations to others considering the product:

It is a good product to most enterprises with some bounderies on cash, and consollidation side.

What problems are you solving with the product? What benefits have you realized?

We mainly use it in our Finance Operations Center (FOC). Basicly we have all benefits of general ledger, account receivables and account payable.

...more
Hector PSource : g2crowd.com
(Reviewed on 23 September 2019)
"Many useful modules"

What do you like best?

Easy interfece with others applications. Easy customize.

What do you dislike?

Some reports are ugly and can not use in presentations

What problems are you solving with the product? What benefits have you realized?

Connect many areas in the company

...more
Read All Reviews

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