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Oracle Financial Reporting Compliance Cloud Reviews & Product Details

SD
Student Success Specialist
Small-Business(50 or fewer emp.)
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Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Oracle Financial Reporting Compliance Cloud?

Oracle Cloud is a powerful tool for managing financial reports and it is very easy to use. The interface makes it easy to navigate and utilize all the features. It also offers reporting and analytical tools that can generate compliance reports. As we use it regularly, Oracle can be easily implemented and if you encounter any issue you can contact the support where you can get an instant solution. It also offers seamless integration with other cloud applications. Review collected by and hosted on G2.com.

What do you dislike about Oracle Financial Reporting Compliance Cloud?

I haven't faced any large issues while using the cloud. However, there are some performance issues, particularly with large data during peak usage which can be negligible as it is not a major issue. Review collected by and hosted on G2.com.

What problems is Oracle Financial Reporting Compliance Cloud solving and how is that benefiting you?

I liked each and every feature of the cloud however, it largely helps in manual processes in financial reporting and compliance to errors and inefficiencies. It comes with the automation of repetitive tasks and integration with other Oracle applications which is largely useful to reduce errors and free up resources for more strategic activities. Review collected by and hosted on G2.com.

Oracle Financial Reporting Compliance Cloud Overview

What is Oracle Financial Reporting Compliance Cloud?

Use Financial Reporting Compliance Cloud Service to optimize controls within and outside your financial processes using an integrated solution as part of your Oracle ERP Cloud deployment

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Oracle Financial Reporting Compliance Cloud Details
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Product Description

Use Financial Reporting Compliance Cloud Service to optimize controls within and outside your financial processes using an integrated solution as part of your Oracle ERP Cloud deployment


Seller Details
Seller
Oracle
Year Founded
1977
HQ Location
Austin, TX
Twitter
@Oracle
823,231 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.

Recent Oracle Financial Reporting Compliance Cloud Reviews

NP
Narender P.Mid-Market (51-1000 emp.)
4.0 out of 5
"Oracle FRC is designed to help organizations manage and improve their financial reporting processes."
•The platform is helpful for identifying potential risks early through risk assessments and continuous monitoring. •Due to the product cloud solut...
KR
Kishan R.Mid-Market (51-1000 emp.)
4.5 out of 5
"My Review on Oracle Finance"
We can define business process , identify the risks involved and prevent the risk
VG
Vipul G.Mid-Market (51-1000 emp.)
5.0 out of 5
"Oracle Financial reporting compliance cloud"
Best, simple and easy to use and get all report at once on your screen

Oracle Financial Reporting Compliance Cloud Media

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12 Oracle Financial Reporting Compliance Cloud Reviews

4.6 out of 5
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Oracle Financial Reporting Compliance Cloud 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
G2 reviews are authentic and verified.
NP
Quality Analyst
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 Financial Reporting Compliance Cloud?

•The platform is helpful for identifying potential risks early through risk assessments and continuous monitoring.

•Due to the product cloud solution, it is highly scalable for all sizes - small and medium enterprises to large businesses.

•It can be accessed from any where at anytime which is very helpful for remote workforces.

•Oracle FRC reduces the manual effort and labour, leading to cost savings for expenses of labour and operations. Review collected by and hosted on G2.com.

What do you dislike about Oracle Financial Reporting Compliance Cloud?

• The initial setup and configuration is very complex to the organizations who have zero experience in the Oracle Cloud products.

• The product has so many in-build templates and features, businesses which have hightly specific needs might require customization that adds implementation cost and time. Review collected by and hosted on G2.com.

What problems is Oracle Financial Reporting Compliance Cloud solving and how is that benefiting you?

•Oracle Financial Reporting Compliance Cloud automates financial reporting, reduces the chances of human error.

•It provides an integrated solution for tracking and managing controls, making it easier to prepare for audits.

•It integrates risk management with financial reporting, providing a unified view of financial risks. Review collected by and hosted on G2.com.

VG
Programmatic Executive
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Oracle Financial Reporting Compliance Cloud?

Best, simple and easy to use and get all report at once on your screen Review collected by and hosted on G2.com.

What do you dislike about Oracle Financial Reporting Compliance Cloud?

nothing as such but would be great if we get a demo of the platform whenever it's get updated Review collected by and hosted on G2.com.

What problems is Oracle Financial Reporting Compliance Cloud solving and how is that benefiting you?

Make life easy by giving all report at once which help to generate the insight much eassier Review collected by and hosted on G2.com.

KR
Lead Outside Sales
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Oracle Financial Reporting Compliance Cloud?

We can define business process , identify the risks involved and prevent the risk Review collected by and hosted on G2.com.

What do you dislike about Oracle Financial Reporting Compliance Cloud?

Can improve more by adding more features Review collected by and hosted on G2.com.

What problems is Oracle Financial Reporting Compliance Cloud solving and how is that benefiting you?

Can identify the risks and have a control over the risks involved. We can improve company's performance by continuously by reviewing it Review collected by and hosted on G2.com.

AR
Manager
Mid-Market(51-1000 emp.)
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Validated Reviewer
Review source: G2 invite
Incentivized Review
Rating Updated ()
What do you like best about Oracle Financial Reporting Compliance Cloud?

Easy to use as well as install and extremely suggested. Review collected by and hosted on G2.com.

What do you dislike about Oracle Financial Reporting Compliance Cloud?

Nothing yet but the services are so good Review collected by and hosted on G2.com.

What problems is Oracle Financial Reporting Compliance Cloud solving and how is that benefiting you?

You can just share books and reports with your accountant easily. Review collected by and hosted on G2.com.

NM
Intenational Physics Tutor
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Oracle Financial Reporting Compliance Cloud?

Ease of use, user friendly interface, optimisation Review collected by and hosted on G2.com.

What do you dislike about Oracle Financial Reporting Compliance Cloud?

Login error appears most of the time when signing in using email ID Review collected by and hosted on G2.com.

What problems is Oracle Financial Reporting Compliance Cloud solving and how is that benefiting you?

Evaluating operational risks Review collected by and hosted on G2.com.

LK
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Oracle Financial Reporting Compliance Cloud?

I appreciate the multiple dimensions that data can be pulled from. Review collected by and hosted on G2.com.

What do you dislike about Oracle Financial Reporting Compliance Cloud?

It was a little difficult learning how to utilize the system. Customer service was helpful, but it often needed to be escalated so the phone calls often took hours or confused most of my day when issues did arise. On a few occassions it took weeks to fix the problem with the reports or setup. Review collected by and hosted on G2.com.

What problems is Oracle Financial Reporting Compliance Cloud solving and how is that benefiting you?

Aids with compliance 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
What do you like best about Oracle Financial Reporting Compliance Cloud?

A cloud solution for risk information reporting and documentation for regulatory compliance. The product is intuitive to understand. Review collected by and hosted on G2.com.

What do you dislike about Oracle Financial Reporting Compliance Cloud?

There is no dashboard and customizable report generation capability. The product features are too simple which involves filling a field in a form just like JIRA. Review collected by and hosted on G2.com.

What problems is Oracle Financial Reporting Compliance Cloud solving and how is that benefiting you?

Oracle Financial Reporting Compliance Cloud is a repository of Risk information that is useful for regulatory compliance like SOX Review collected by and hosted on G2.com.

HJ
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Oracle Financial Reporting Compliance Cloud?

It is very user friendly in a cloud space as compared to the original Oracle R12 I am used to. Review collected by and hosted on G2.com.

What do you dislike about Oracle Financial Reporting Compliance Cloud?

It would be helpful to display the icons more visible. Review collected by and hosted on G2.com.

What problems is Oracle Financial Reporting Compliance Cloud solving and how is that benefiting you?

Easy cloud navigating does not matter where I work Review collected by and hosted on G2.com.

VD
Senior Consultant
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 Financial Reporting Compliance Cloud?

Financial reporting and compliance Including tax Review collected by and hosted on G2.com.

What do you dislike about Oracle Financial Reporting Compliance Cloud?

Nothing much actually speaking because the Oracle is a versatile software Review collected by and hosted on G2.com.

Recommendations to others considering Oracle Financial Reporting Compliance Cloud:

It is the best cloud software in the market on financial reporting Review collected by and hosted on G2.com.

What problems is Oracle Financial Reporting Compliance Cloud solving and how is that benefiting you?

As cloud feature being used the system access is very much simpler and easier Review collected by and hosted on G2.com.

Verified User in Automotive
UA
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Oracle Financial Reporting Compliance Cloud?

Oracle Financial reporting compliance Cloud is a powerful tool that provides business management solutions with a set of positive features in which I can highlight the following first offers a large number of applications including materials planning, financial accounting and business intelligence also gives you the ability to develop self-service reports another positive point is its interface which is simple and very intuitive this has business intelligence module to predict or analyze trends through business data the truth is a highly intelligent and automated software when talking about market analysis. Review collected by and hosted on G2.com.

What do you dislike about Oracle Financial Reporting Compliance Cloud?

Within my experience using Oracle Financial reporting compliance Cloud I can say that it still has some weaknesses among the main ones is how difficult it is to teach this software to people who do not have enough experience with computers because it is a highly intelligent and automated application in addition to having many fields of customization another negative point is its support is its technical support that I believe has deteriorated over the years the responses are slow and do not provide tutorials that completely clarify the doubts of users finally the bad internet connections affect the operation of the modules. Review collected by and hosted on G2.com.

Recommendations to others considering Oracle Financial Reporting Compliance Cloud:

It is a very complete application that adapts well to most scenarios, especially for those companies that want to diversify their activities, automate their business processes, manage their workflows and execute their activities perfectly, since it is a highly intelligent and automated software. I must also recommend that staff should have prior knowledge of accounting issues and the use of this type of application, since I consider it has a fairly high learning curve. Review collected by and hosted on G2.com.

What problems is Oracle Financial Reporting Compliance Cloud solving and how is that benefiting you?

Currently a large part of my organization is using this software as we have a very qualified staff in the area of business accounting. Oracle Financial reporting compliance Cloud has allowed us to run different business processes from a single platform thanks to the different modules it has for the execution of functions and tasks. Within my department the main functions that we use are Oracle Project and Portfolio, financials Cloud Procurement and Risk Mangement since this helps us to have a better visibility of our projects and make decisions related to these projects. Review collected by and hosted on G2.com.