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311 Oracle EBS Financials Reviews
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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.
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.
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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.
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.
It's on prem so developers have more flexibility in terms of enhancements. Review collected by and hosted on G2.com.
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.
The ease of applying payment and running reports is very user friendly Review collected by and hosted on G2.com.
Finding the reports that you need can be complex at times. Review collected by and hosted on G2.com.
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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.
Nothing such thing or option to dislike in Oracle tool. Review collected by and hosted on G2.com.
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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.
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.
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.
Great lowest cost product as compared to SAP
not any dislike for oracle Financial yet... Review collected by and hosted on G2.com.
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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.
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.
The easy way to manage financials in one single place Review collected by and hosted on G2.com.
The UX, it could definitely be better but as many other Oracle products, they are simple Review collected by and hosted on G2.com.