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.
| 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 |
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 is Accounting Software. Oracle EBS Financials offers the following functionalities:
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.
Here`s a list of the best alternatives for Oracle EBS Financials:
No, Oracle EBS Financials does not provide API.
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.
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
The solution is great but only for Mid to Large organisation.
The solution is actively used for the financial book keeping and reporting.
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.
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.
I would recommend avoiding EBS financials in favor of Oracle cloud at this point.
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.
Very easy to use, you can do your expense report and update the bank information in the same place
sometimes the tool does not recognize my user and i can not login
Expense report
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.
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.
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.
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.
Easy to use, good support. It is easy to train on as well as learning how to n.v use.
Oracle.financials had some glitches and errors when implementing certain processes
Oracle financials mainstreamed the information that was needed for reviews.
Navigation is simple and it’s easy to use.
Load time from Java script and crashes are the main concerns
Account reconciliation
Oracle EBS Financials are a comprehensive tool with wide range of modules included. It includes almost all processes a wide enterprise needs.
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.
It is a good product to most enterprises with some bounderies on cash, and consollidation side.
We mainly use it in our Finance Operations Center (FOC). Basicly we have all benefits of general ledger, account receivables and account payable.
Easy interfece with others applications. Easy customize.
Some reports are ugly and can not use in presentations
Connect many areas in the company
