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Oracle EBS Financials Reviews & Product Details - Page 5

Oracle EBS Financials Overview

What is Oracle EBS Financials?

Oracle E-Business Suite Financials family of applications automates and streamlines all your financial business processes.

Oracle EBS Financials Details
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Product Description

Oracle E-Business Suite Financials family of applications automates and streamlines all your financial business processes.


Seller Details
Seller
Oracle
Year Founded
1977
HQ Location
Austin, TX
Twitter
@Oracle
824,405 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.


Joyce B.
JB
Overview Provided by:
Vice President Applications Marketing at Oracle Corporation

Recent Oracle EBS Financials Reviews

Ameya S.
AS
Ameya S.Enterprise (> 1000 emp.)
4.0 out of 5
"Oracle EBS Enterprise Solution for Financial Process and Modules"
Oracle EBS Enterprise Solution can handle complex Financial process suitable to most of the industries.
KP
kimberly p.Mid-Market (51-1000 emp.)
4.5 out of 5
"Oracle Financials keeps getting better and better"
I love most the ability to schedule reports and to also rerun reports from a previous completed report when I am running same report but with diffe...
Verified User
U
Verified UserEnterprise (> 1000 emp.)
5.0 out of 5
"EBS easy to access and navigate"
It is very easy to access and supporting. The report section is very good and easy in reading.
Security Badge
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0 people requested security information

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311 Oracle EBS Financials Reviews

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311 Oracle EBS Financials Reviews
4.0 out of 5
311 Oracle EBS Financials Reviews
4.0 out of 5

Oracle EBS Financials Pros and Cons

How are these determined?Information
Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
Pros
Cons

Overall Review Sentiment for Oracle EBS FinancialsQuestion

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.
LC
finance manager accounting
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
(Original )Information
What do you like best about Oracle EBS Financials?

before we used oracle ebs we used oracle - it is not comparable at all however when you get your hints it is easy to use as you can for example not only use an asset ledger but also a project ledger and combine them. Beside you can run several reports and set addtional reports such as an blitz report which extracts realtime data really fast for example of the GL journals Review collected by and hosted on G2.com.

What do you dislike about Oracle EBS Financials?

which is from an accounting perspective not right is when you change an asset or add an addition it recalculates backwards to the time it was set up. example you purchase an asset in 2018 and under IFRS you have a one year window to revaluate then it would not calculate the revaluation of the time it was revalued but the original purchase date Review collected by and hosted on G2.com.

Recommendations to others considering Oracle EBS Financials:

depending of the company seize and the license fees consider using oracle ebs and offer the key users a sufficient training as it is different to other erp systems such as sap and navision Review collected by and hosted on G2.com.

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

mainly setting up one common erp system within our company. achieving comparability and cost benefits Review collected by and hosted on G2.com.

Hemanth D.
HD
Functional Consultant Primavera P6 and Unifier
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Oracle EBS Financials?

I like the feasibility of integration between Unifier and EBS Review collected by and hosted on G2.com.

What do you dislike about Oracle EBS Financials?

the typical functionalities in EBS and need some changes Review collected by and hosted on G2.com.

Recommendations to others considering Oracle EBS Financials:

Yes, it is recommended if it is integrated with Unifier and EPPM Review collected by and hosted on G2.com.

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

the integration between EBS and Unifier solves the management issues like COntract management and clear cost picture Review collected by and hosted on G2.com.

Ayanti M.
AM
Process Associate
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: G2 invite
Incentivized Review
What do you like best about Oracle EBS Financials?

The best thing about Oracle EBS Financials is, it is an Oracle product. Oracle EBS is supported by Oracle for minimum of 10 years (Any product version). The oracle meta link, the Electronic Technical Reference Manual are of great hep. The service requests logged by oracle users are looked after with great care by the Oracle support engineers.

Now coming to the functionalities of Oracle EBS, the Oracle EBS financials has seen many major upgrades and transformation over the decades. Oracle introduced many revolutionary & industry benchmark concepts in Oracle EBS financials like the multi org structure, the Trading community architecture, to name a few. These functionalities allows a big corporation to logically partition its business data across different units in the application. Oracle also defined rules to manage and interact with different entities participating in business like Suppliers, Customers, Banks etc. Review collected by and hosted on G2.com.

What do you dislike about Oracle EBS Financials?

Oracle ERP runs in java applets but is resource consuming in nature. The legacy on premise version of Oracle ERP application requires several other plugins and software as a pre requisite to run. Oracle application maintenance is very tricky, dedicated data base administrators need to be allocated to maintain, patch and update the application. Oracle on premise software patches can only be applied offline, so there is a considerable amount of software down time. Oracle apps has functions embedded into different menus and sub-menus. Which is a bit tricky for an user or a new user to grasp. Although EBS can be customized but customization makes the software much more complex in terms of UI navigation. Review collected by and hosted on G2.com.

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

We are using Eb-Tax, Receivables, Payables, Cash management, Assets and Oracle general ledger modules of the EBS in our project. We use EBS to procure raw materials from our suppliers, and business entities. We integrate third party payment systems and credit card interfaces to receive and pay cash to our customers and suppliers. Oracle EBS Financials has a lot of interfaces, we use the interfaces to import journals, currency rates using web ADIs. We use Oracle EBS Financials as a asset management tool. We use Oracle EBS Financials to generate profit and loss statement, which is used by higher management for reporting and financial audit and taxation. Review collected by and hosted on G2.com.

Verified User in Electrical/Electronic Manufacturing
AE
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Oracle EBS Financials?

It's on prem so developers have more flexibility in terms of enhancements. Review collected by and hosted on G2.com.

What do you dislike about Oracle EBS Financials?

Great reporting feature ls out of the box. OTBI reports are a great feature. Easy to configure and use. It's cloud based so no server or instance maintenance is needed for us. Review collected by and hosted on G2.com.

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

Easy to enhancement and integration with many systems. Review collected by and hosted on G2.com.

Verified User in Accounting
UA
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
Business partner of the seller or seller's competitor, not included in G2 scores.
What do you like best about Oracle EBS Financials?

The ease of applying payment and running reports is very user friendly Review collected by and hosted on G2.com.

What do you dislike about Oracle EBS Financials?

Finding the reports that you need can be complex at times. Review collected by and hosted on G2.com.

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

Applying payments has become a much easier task to do, and seeing the general ledger is nice. Review collected by and hosted on G2.com.

Naresh B.
NB
Process Developer
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
(Original )Information
What do you like best about Oracle EBS Financials?

Oracle tool is an ERP which has data related to personal financial services business finance services which helps client to fulfill day to day activities of their business. Review collected by and hosted on G2.com.

What do you dislike about Oracle EBS Financials?

Nothing such thing or option to dislike in Oracle tool. Review collected by and hosted on G2.com.

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

We solve client financial needs using this Oracle tool. The benefits which we realised are clients ERP tool helps a lot for solving their financial services from their customers. Review collected by and hosted on G2.com.

Rajat K.
RK
Application Developer
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Oracle EBS Financials?

I like that there are enough validations , checkpoints and coverage of business processes for each type of job in oracle EBS , i like that there is almost everything available to the users for them to make the product work.

I also like that it requires almost nothing for oracle to run on my machine it is safe to say it is a bare minimum software. Review collected by and hosted on G2.com.

What do you dislike about Oracle EBS Financials?

I hate the support that oracle provides it is as much as nil in terms of learning in terms of problems.

The only way to solve a problem is to raise a CR and wait for days to get a auto generated reply which is really depressing for someone who is stuck in his work facing the problem.

Second thing i hate is the UI it is 2021 now and oracle is stuck with UI of 1990 , The java forms are really really outdated and looks very ugly almost no body would like to work on them today, newer generation gets turned off from it Review collected by and hosted on G2.com.

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

Oracle EBS can almost cover everything that i might require for Financials or even SCM ,I can create invoices , run business processes'. Review collected by and hosted on G2.com.

Verified User in Logistics and Supply Chain
UL
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Oracle EBS Financials?

After implementation of EBS apps module our life got easiest. A great financial app that provide flavor of reports and friendly modules

We have cater following process

Easy customized report.

Purchasing Data analysis

Payment and invoice

Supplier Management

Invoice reconciliation with Bank Data Review collected by and hosted on G2.com.

What do you dislike about Oracle EBS Financials?

Great lowest cost product as compared to SAP

not any dislike for oracle Financial yet... Review collected by and hosted on G2.com.

Recommendations to others considering Oracle EBS Financials:

It's good module for financial visibility...

Easy reporting

Order management

Inventory management

Invoice recording

Invoice reconciliation

Easy Data and stock in inventory management Review collected by and hosted on G2.com.

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

Reports and visibility and secure platform is our requirement which's fulfilled by Oracle EBS. Review collected by and hosted on G2.com.

Zack J.
ZJ
Audit Professional - Financial services
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Oracle EBS Financials?

Based on my usage, I think its feature of producing the customized report is ideal and helpful to meet the different needs of business individuals. Further, its integration with other business tools helps in monthly reporting and quarter-end reporting to the board of Directors to assist in decision making. Review collected by and hosted on G2.com.

What do you dislike about Oracle EBS Financials?

In terms of dislikes, I would say it is less user-friendly than available options in the market, and it takes a while to export reports in excel or text. Review collected by and hosted on G2.com.

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

Monthly reporting and analytical reviews Review collected by and hosted on G2.com.

Verified User in Airlines/Aviation
AA
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Oracle EBS Financials?

The easy way to manage financials in one single place Review collected by and hosted on G2.com.

What do you dislike about Oracle EBS Financials?

The UX, it could definitely be better but as many other Oracle products, they are simple Review collected by and hosted on G2.com.

Recommendations to others considering Oracle EBS Financials:

Make sure your systems are compatible for integrations Review collected by and hosted on G2.com.

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

Project Controls and integration with Primavera Unifier Review collected by and hosted on G2.com.