Oracle Financials Cloud Reviews

User Rating

4.1/5 (Based on 219 Ratings)

Rating Distribution

Excellent
38.8%
Very Good
40.6%
Average
17.4%
Poor
1.8%
Terrible
1.4%

User Sentiments

Comprehensive Financial Solutions, Seamless Integrations with other Oracle Products, Regular Updates with New Features, Ease of Use

Complex Configuration & Setup, Occasional Performance Issues, Limited Customization Options, Customer Support Challenges

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Review Summary

Oracle Financials Cloud is a comprehensive financial management solution that automates core financial processes and provides real-time insights into financial performance. Users praise its robust reporting and analytics capabilities, seamless integration with other Oracle products, and mobile accessibility. However, some reviewers note that the implementation process can be complex and time-consuming, and the user interface can be challenging to navigate for non-technical users. Overall, Oracle Financials Cloud is a powerful tool for large enterprises seeking an integrated financial management solution, but it may require significant investment in time and resources to implement and maintain.

Pros

Powerful financial management capabilities, including budgeting, forecasting, and reporting.
Seamless integration with other Oracle products, such as ERP and CRM.
Robust security features to protect sensitive financial data.

Cons

Complex to implement and use, requiring extensive training for users.
Costly to purchase and maintain, especially for small businesses.
Limited customization options, making it difficult to adapt to specific business needs.

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Reviews

Sweata C

September 21, 2023 Source: G2.com

"One integrated solution for all applications"

What do you like best about Oracle Cloud Enterprise Resource Planning (ERP)?

One integrated solution for all applications

Ease of implementation and integration

What do you dislike about Oracle Cloud Enterprise Resource Planning (ERP)?

Bugs and invoice workflow issues

Expense module is not robust

Customer support is not great

Redundant questions in the SR

What problems is Oracle Cloud Enterprise Resource Planning (ERP) solving and how is that benefiting you?

Ease of integration and streamlining the business process

Supratim S

September 20, 2023 Source: G2.com

"oracle erp"

What do you like best about Oracle Cloud Enterprise Resource Planning (ERP)?

Cloud ready and true cloud solution. Oracle is also gearing for industry solution and gearing towards AI

What do you dislike about Oracle Cloud Enterprise Resource Planning (ERP)?

UI needs betterment, for example procurement self service solution as compared to Coupa; CX solution as compared to Salesforce

What problems is Oracle Cloud Enterprise Resource Planning (ERP) solving and how is that benefiting you?

enterprise backoffice financials, financial planning and budgeting

Kuntala B

September 20, 2023 Source: G2.com

"User friendly and easy to use"

What do you like best about Oracle Cloud Enterprise Resource Planning (ERP)?

Accomodates the standard business functions in Finance, HCM, EPM

What do you dislike about Oracle Cloud Enterprise Resource Planning (ERP)?

improvements needed in the UI and the playbook

What problems is Oracle Cloud Enterprise Resource Planning (ERP) solving and how is that benefiting you?

Streamlining the business processes. Meet financial reporting needs.

improve approvals.

Anonymous User

September 20, 2023 Source: G2.com

"great step up from our previous system"

What do you like best about Oracle Cloud Enterprise Resource Planning (ERP)?

its on the cloud and regularly patched, keeping us upto dat eand avoiding expensive technical debt over the years

What do you dislike about Oracle Cloud Enterprise Resource Planning (ERP)?

The complexity can be a bit overwhelming at first and the lack of clear help resources is challenging for new users of the system

What problems is Oracle Cloud Enterprise Resource Planning (ERP) solving and how is that benefiting you?

streamlining our accounting and supply chain processes

Anonymous User

September 19, 2023 Source: G2.com

"Director of IT of financial systems"

What do you like best about Oracle Cloud Enterprise Resource Planning (ERP)?

That it has a complete set of modules that are tightly integrated

What do you dislike about Oracle Cloud Enterprise Resource Planning (ERP)?

Not as user friendly UI as Coupa for instance

What problems is Oracle Cloud Enterprise Resource Planning (ERP) solving and how is that benefiting you?

creating tightly integrated systems

Colette G

October 19, 2022 Source: G2.com

"Challenging the status quo"

What do you like best about Oracle Financials Cloud?

smooth integration between ERP modules - standard functionality that works for the business

What do you dislike about Oracle Financials Cloud?

No customizations - this is not necessarily bad, just different when coming from an on premise ERP

What problems is Oracle Financials Cloud solving and how is that benefiting you?

Consolidated financial reporting

Liangyao Y

October 19, 2022 Source: G2.com

"Financial Cloud is way to implement"

What do you like best about Oracle Financials Cloud?

Implement and upgrading is much easier..

What do you dislike about Oracle Financials Cloud?

Need to know more details for Oracle EBS

What problems is Oracle Financials Cloud solving and how is that benefiting you?

Benefits including from general ledger to sub-ledger drill down

Gagan S

October 18, 2022 Source: G2.com

"Oracle financial has been very strong product of Oracle."

What do you like best about Oracle Financials Cloud?

All modules of Oracle financials are robust.

What do you dislike about Oracle Financials Cloud?

Some time invoking forms and rpt take time.

What problems is Oracle Financials Cloud solving and how is that benefiting you?

Added more functionalities and ESBASE GL reporting

Anne C

October 18, 2022 Source: G2.com

"Oracle once again hits it out of the park with great software"

What do you like best about Oracle Financials Cloud?

Infolets, Ease of use, and standard business processes are great.

What do you dislike about Oracle Financials Cloud?

So far no downside to Oracle Financials Cloud...Users do need to learn a new interface, but give it a month and they will be fine!

What problems is Oracle Financials Cloud solving and how is that benefiting you?

Financials is Financials...let's get that straight. However, reporting has always been subjective to the consumer of the report.

Oracle's new reporting and Infolets allow the users to monitor key components of our County Government. Each Department can customize their views of their actual spend vs Budgeted funds...IT doe not have to create these. The imbedded Training that is prebuildt as well as I can add our procedures will save thousands of hours in new user hire training.

sanford k

October 18, 2022 Source: G2.com

"oracle financials is awesome"

What do you like best about Oracle Financials Cloud?

Easy to use, flexible to help state, local, municipal and k12 organizations

What do you dislike about Oracle Financials Cloud?

no issues, complete solution for our needs..

What problems is Oracle Financials Cloud solving and how is that benefiting you?

Automating financials, provide complete reporting solution

Oracle Financials Cloud Reviews

User Rating

Rating Distribution

User Sentiments

Do You Use Oracle Financials Cloud?

Review Summary

Pros

Cons

Sweata C

Supratim S

Kuntala B

Anonymous User

Anonymous User

Colette G

Liangyao Y

Gagan S

Anne C

sanford k

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