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Oracle Financials Cloud Reviews & Product Details

Oracle Financials Cloud Overview

What is Oracle Financials Cloud?

The most comprehensive integrated and scalable financial management solution available. Oracle Financials Cloud offers extensive support for global companies in a wide variety of industries

Oracle Financials Cloud Details
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Product Description

The most comprehensive integrated and scalable financial management solution available. Oracle Financials Cloud offers extensive support for global companies in a wide variety of industries


Seller Details
Seller
Oracle
Year Founded
1977
HQ Location
Austin, TX
Twitter
@Oracle
824,139 Twitter followers
LinkedIn® Page
www.linkedin.com
199,405 employees on LinkedIn®
Ownership
NYSE:ORCL
Phone
+1 (650) 506-7000
Total Revenue (USD mm)
$39,068
Description

Oracle Corporation develops, manufactures, markets, hosts, and supports database and middleware software, applications software, and hardware systems.


David W.
DW
Overview Provided by:
Director, ERP Product Marketing at Oracle

Recent Oracle Financials Cloud Reviews

Shripad K.
SK
Shripad K.Small-Business (50 or fewer emp.)
4.5 out of 5
"Oracle Finance Cloud is a leader in ERP solutions"
The completeness of the product is second to none. Oracle Finance along with ERP are leaders in the market based on the well known analysts firms t...
PM
Paul M.Mid-Market (51-1000 emp.)
4.5 out of 5
"Financial Systems Manager"
Not managing infrastructure no customizations just configuration
TV
Tessy v.Mid-Market (51-1000 emp.)
4.0 out of 5
"Doing what is should"
I like that I have everything in one place.
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Oracle Financials Cloud Media

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125 Oracle Financials Cloud Reviews

4.0 out of 5
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125 Oracle Financials Cloud Reviews
4.0 out of 5
125 Oracle Financials Cloud Reviews
4.0 out of 5

Overall Review Sentiment for Oracle Financials CloudQuestion

Time to Implement
<1 day
>12 months
Return on Investment
<6 months
48+ months
Ease of Setup
0 (Difficult)
10 (Easy)
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G2 reviews are authentic and verified.
Verified User in Information Technology and Services
EI
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Review source: Organic
What do you like best about Oracle Cloud Enterprise Resource Planning (ERP)?

Lot of capabilities available across modules and they integreate very well togather as a standard. Also the capability to extend, helps with core business use cases. Review collected by and hosted on G2.com.

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

Support can be a bit of pain on cloud, having no access to backend forces complete reliance on Oracle. Support is not geared to handle cutomer specific scenarios on many occasions. Review collected by and hosted on G2.com.

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

Its our corportate backoffice system, driving financial backbone of the organization. It helps us meeting compliance and reporting requirmeents for the organization. Review collected by and hosted on G2.com.

SF
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: G2 Gives Campaign
Incentivized Review
Products used within Oracle Cloud Enterprise Resource Planning (ERP): Oracle Financials Cloud, Oracle Project Financial Management Cloud, Oracle Procurement Cloud
What do you like best about Oracle Cloud Enterprise Resource Planning (ERP)?

Efficiency has been obtained especially in the AP module with invoice processing and with payments. Review collected by and hosted on G2.com.

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

Use of the Accrual Accounting feature in Payables has been painful as we are unaware of how the module is calculating the amortization period and amount. Minimal support has been given to help the Finance team out.

Projects module is a bit clunky requiring custom reporting for everything that is required from our PM Review collected by and hosted on G2.com.

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

Being efficient in processing PO matched invoices and getting our vendor paid based on the contracted terms Review collected by and hosted on G2.com.

SS
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Review source: G2 Gives Campaign
Incentivized Review
Business partner of the seller or seller's competitor, not included in G2 scores.
Products used within Oracle Cloud Enterprise Resource Planning (ERP): Oracle Financials Cloud, Oracle Procurement Cloud, Oracle Risk Management Cloud
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 Review collected by and hosted on G2.com.

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 Review collected by and hosted on G2.com.

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

enterprise backoffice financials, financial planning and budgeting Review collected by and hosted on G2.com.

SC
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Review source: G2 Gives Campaign
Incentivized Review
Products used within Oracle Cloud Enterprise Resource Planning (ERP): Oracle Financials Cloud, Oracle Procurement Cloud, Oracle Risk Management Cloud
What do you like best about Oracle Cloud Enterprise Resource Planning (ERP)?

One integrated solution for all applications

Ease of implementation and integration Review collected by and hosted on G2.com.

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 Review collected by and hosted on G2.com.

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

Ease of integration and streamlining the business process Review collected by and hosted on G2.com.

MA
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Review source: G2 Gives Campaign
Incentivized Review
Products used within Oracle Cloud Enterprise Resource Planning (ERP): Oracle Financials Cloud, Oracle Accounting Hub Cloud
What do you like best about Oracle Cloud Enterprise Resource Planning (ERP)?

ERP is a SaaS solution that stays current with quarterly upgrades Review collected by and hosted on G2.com.

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

Testing needs to be done to verify functionality works and does not break anything. Review collected by and hosted on G2.com.

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

Able to simplify technology landscape, reduce outage impact, and reduce close issues. Review collected by and hosted on G2.com.

Vikram K.
VK
Fianncial System Transaformation Leader / Director
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Review source: G2 Gives Campaign
Incentivized Review
Products used within Oracle Cloud Enterprise Resource Planning (ERP): Oracle Financials Cloud, Oracle Project Financial Management Cloud
What do you like best about Oracle Cloud Enterprise Resource Planning (ERP)?

On cloud, continuous updates and improvement , AI, ML, integrations , easy to use. Great analytics and reports Review collected by and hosted on G2.com.

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

Quarterly update breaking the things, lots of testing Review collected by and hosted on G2.com.

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

All the vysin as processes are as redesigned Review collected by and hosted on G2.com.

Verified User in Transportation/Trucking/Railroad
UT
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Review source: G2 Gives Campaign
Incentivized Review
Products used within Oracle Cloud Enterprise Resource Planning (ERP): Oracle Financials Cloud
What do you like best about Oracle Cloud Enterprise Resource Planning (ERP)?

I like being able to customize the General Ledger accounting string. Also, hierarchies are easy to set up & use, both for companies & for cost centers, Review collected by and hosted on G2.com.

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

Reporting is clunky. There are several reporting resources. One is very difficut to set up, One has restrictions for size of data reported, which always causes issues for big companies. Review collected by and hosted on G2.com.

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

More detail for company & cost center breakdown to make better decisions. Review collected by and hosted on G2.com.

Amrita S.
AS
Oracle CoE Lead - RIG -North America
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Review source: G2 Gives Campaign
Incentivized Review
Business partner of the seller or seller's competitor, not included in G2 scores.
What do you like best about Oracle Cloud Enterprise Resource Planning (ERP)?

it covering most of the feature. its standadize across induxtry . I like RMC as well Review collected by and hosted on G2.com.

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

less flexibillity to customize. Only customization option to do in PAAS Review collected by and hosted on G2.com.

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

I am a implementor. Review collected by and hosted on G2.com.

KM
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Review source: G2 Gives Campaign
Incentivized Review
Products used within Oracle Cloud Enterprise Resource Planning (ERP): Oracle Financials Cloud
What do you like best about Oracle Cloud Enterprise Resource Planning (ERP)?

Oracle ERP encompasses every feature and functionality OOTB. Review collected by and hosted on G2.com.

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

Adding features required for large companies could be quicker and better managed. Review collected by and hosted on G2.com.

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

Reduce customizations, easier management, and more efficient. Review collected by and hosted on G2.com.

KB
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Review source: G2 Gives Campaign
Incentivized Review
Business partner of the seller or seller's competitor, not included in G2 scores.
Products used within Oracle Cloud Enterprise Resource Planning (ERP): Oracle Financials Cloud, Oracle Project Financial Management Cloud, Oracle Procurement Cloud
What do you like best about Oracle Cloud Enterprise Resource Planning (ERP)?

Accomodates the standard business functions in Finance, HCM, EPM Review collected by and hosted on G2.com.

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

improvements needed in the UI and the playbook Review collected by and hosted on G2.com.

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. Review collected by and hosted on G2.com.