An Enterprise product for all your needs

Improvement of the offer for Finance department

Pros

The number of features present and the vast knowledge of the market make this product an almost obligatory choice for listed companies

Cons

Surely the price of the product and the complexity and the cost of assistance make the offer not very attractive for companies with a budget not very high

ORacle EPM for Accounts Payable & Purchase Orders

Great if out-of-box services provided by Oracle would suffice for your company. If you need over and beyond, there isn't much you can do or it's too hard to do any custom extractions or analysis. I would stay away if you think the Ocloud stack isn't fully ready for your organizational needs and probably go with multiple vendors.

Pros

Great interface for Accounts Payable (AP) team. The ecosystem of apps provided are great and has the full underlying tech stack. You aren't just buying cloud services but the full set of services including application interface for AP team, the cloud services, the underlying data tables and structure, and also out-of-the-box analytics services. It's a one-stop-shop to install everything at one go (bundled services) rather than going with disparate vendors for each of the services.

Cons

Vendor lock-in. Accessing the data or utilizing any other software to extract, process, transform and analyze the data is hard. And you end up utilizing services/tools provided by Oracle only. Even the underlying data tables are complex and you will need an Oracle consultant to understand the data relationships before you can extract/process data on your own.

Java based ERP system for services oriented company

Overall experience is quite okay. There is a lot of possibilities but to get to know all of them years are required. Even simple task can take a lot of time if you switched to Oracle Finance from other ERP system. But once you know the basics, everything can be done relatively fast

Pros

I think the main feature and advantage in comparison to other ERP systems is the fact that Oracle is based on projects. This fact allows you to easily calculate efficiency of each single project, task, department etc. Another good thing about Oracle is that it is cloud-based. Because of that you do not need require powerful computer, because all of the actions are being done remotely in cloud.

Cons

Because it is JAVA based it sometime crashes. Also, possibility to open several instances would be great.

It is not at par with similar products in the mary

Pros

Oracle provide frequent updates and it is quite customizable

Cons

Lots of defects. Lot of time is consumed to check if it is a configuration issue or product issue. Not very mature product.

The powerful EPM system I ever used

It's simply to deploy and complete enterprise applcation

Pros

Oracle Hyperion is the most complete EPM system I ever used. The news functionality make this application more useful for all user.

Cons

The classic financial reporting could be improved, but it works well. High hardware resouces necessary for installation make this environment usable only for big company

A benchmark for all financial consolidation product

Pros

A solid and mature product of financial service, for some kinds of process is mandatory to use it. All main player of all industries use it.

Cons

The cost of licenses and the cost of implementation, makes the product accessible only from medium-sized companies

Financial Management

Pros

Oracle Financial Services make it easier to have all your accounting needs requirement fufilled. Easy to run reports and perform the comparatives. User friendly interface.

Cons

Does not work very well with other program running on Micropsft.

A integral part of our day to day tasks

Pros

User friendly, effective controls, easy accessible for end users once over Cloud and fast performance.

Cons

Some steps seem repetitive and require cutting and pasting data which was already entered. Transaction entry forms are time consuming.

Superb

Very easy to navigate, user friendly and easy to implement.

Pros

The fact that it is customizable and flexible. I could implement the exact thing my client requested for.

Cons

I have to install a plug in so as to use Excel.

Used across a large university can be a hassle if no consistent procedures

It was a mixed bag. Overall, I wish it was more user friendly/editable. I often had to scrap my work and start all over.

Pros

Oracle Financial Services is big enough to handle multiple transactions and shareable among departments.

Cons

Don't try backing out of a screen or doing them in just any order. You have to be precise with your entries or they will be lost or worse change to previously edited versions! Proper and consistent training is essential among all departments!

Not one of the Best

Pros

It is easy to use and train others to use, I would like to see more options when it comes to working in an optometry clinic

Cons

The available options that are needed in running and maintaining an optometry clinic, spread out the one dimensional thinking.