About Oracle Financials ERP Cloud

Oracle Financials ERP Cloud is a cloud-based, end-to-end business management solution designed for midsized to enterprise-level customers. It offers a suite of applications including material planning, financial accounting, analytics, and self-service reporting.

Oracle’s accounting features include a business intelligence module to identify trends from enterprise data. Billing departments have access to a payables and assets dashboard where they can reconcile statements, track supplier invoices and payments, account for fixed assets, and manage multiple bank accounts. Expenses can be entered via mobile devices and are updated in real-time. Invoice imaging is integrated, so supplier invoices and other documents are scanned and posted automatically.

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Supported Operating System(s):

Windows 7, Windows Vista, Windows XP, Mac OS, Linux, HP-UX, AIX, Solaris, Unix, IBM OS/400, Web browser (OS agnostic), Windows 2000, Windows 8

42 Reviews of Oracle Financials ERP Cloud

Average User Ratings

Overall

4.24 / 5 stars

Ease-of-use

4.0

Value for money

4.0

Customer support

4.0

Functionality

4.0

Ratings Snapshot

5 stars

(22)

22

4 stars

(12)

12

3 stars

(6)

6

2 stars

(0)

0

1 stars

(2)

2

Likelihood to Recommend

Not likely

Very likely

Showing 1 - 5 of 42 results

March 2018

aanchal from Deloitte Consulting

Verified Reviewer

Industry: Management Consulting

Time Used: Less than 2 years

Review Source: Capterra


Ease-of-use

5.0

Value for money

5.0

Customer support

5.0

Functionality

5.0

March 2018

Its the next thing in ERP!

Pros

The dynamic nature of this product makes it a great option for the small and medium enterprises. IT provides the kind of features that were beyond the imagination of a conventional ERP user. The enhanced features like DaaS make this product even more attractive. I also love the alerts functionality!

Cons

As long as the programs are completing fine there really seems to be no issue, however in case if there is any issue there seems to be no way to get any comprehensive log. This makes things difficult to debug and to resolve the issue. Not everything sales smooth always!

June 2020

Anonymous

Verified Reviewer

Company Size: 10,000+ employees

Time Used: More than 2 years

Review Source: Capterra


Ease-of-use

4.0

Value for money

4.0

Customer support

4.0

Functionality

4.0

June 2020

Planning, Costing & Inventory Controlling with Oracle ERP

Stratigic helper and assistant in finance with Business Intelligence, we got optimized results in finance,supplychain. Business software for planning, tactics and execution of business scenario is totally on your screen, you can run/manage business and set business direction then monitor and control accordingly.

Pros

First, Due to Covid-19 pandemic, I am getting benefit of its cloud sevices By working from home. Secondly, Its Middle ware services, We have different madule of ERP like Meterial Management System,Apperal Management system and Inventory Management system.All of three Modules are interlinked and Show results on one window. its save a lot of time and consumed less human resource for operations controlling . Third its very easy to build new forms and reports as per organzational requirement. As for as its security Concerns, We can give partial access to the outsider (Supplier) and customized access to the company employees.

Cons

Security Setup in Cloud services is time taking. Its very difficult to linked it with Website, E.g Many times We need updated exchange rate then we need to link it with api to get live exchange rates, which is difficult and almost we have to do it manual.

January 2018

Nathan from EMC

Company Size: 201-500 employees

Industry: Utilities

Time Used: Less than 12 months

Review Source


Ease-of-use

1.0

Value for money

1.0

Customer support

1.0

Functionality

1.0

January 2018

Project Manager Can't use this PM Suite

The sheer amount of time it takes oracle to get setup could bankrupt your company of resources. We are going on a two year implementation time frame and still do not have a functional product. When we submit a bug oracle does not fix the process, they just give you work arounds, which take 5 more steps than the original software we booted in order to become more effecient.

Pros

For a finance tool it is mildly functional. Oracle ERP cloud has many modules that potentially could be used in your business.

Cons

The project management tool is virtually useless for any kind of portfolio management. If you manage tons of small projects the sheer time it takes to setup oracle will nearly bankrupt your business. The "implementations partners" do not understand how to use oracle let alone setup another companies ERP. Customer service does not fix problems, they just offer lengthy work arounds.

April 2020

Avinash from Capgemini

Company Size: 10,000+ employees

Industry: Information Technology and Services

Time Used: Less than 2 years

Review Source: Capterra


Ease-of-use

5.0

Value for money

4.0

Customer support

5.0

Functionality

5.0

April 2020

Oracle - Stay Integrated & Connected with your resource planning

I have been working with this technology for quite a while now, and Oracle has been great support. Great customer service allows for a smoother transition of your business applications to Oracle ERP Cloud.

Pros

Oracle ERP Cloud has many great features that a business can utilize. The biggest thing about this technology is that all the applications and branches of business are able to come together onto one platform. Along with the easy use of integration, other third party applications can easily stay connected with the ERP Cloud application. This platform is easy to navigate and use without needing a huge amount of training. Transforming your business with the ERP Cloud really opens your eyes to see how technology has advanced in the past decade.

Cons

The fees may be a lot for this platform, however, it is worth every penny and will save your business alot of money in the long term. Most of the platforms that rely on on premises technology are now able to operate in the cloud

December 2019

Anonymous

Verified Reviewer

Company Size: 1,001-5,000 employees

Time Used: Less than 6 months

Review Source: Capterra


Ease-of-use

4.0

Functionality

4.0

December 2019

Not very user friendly, but allows for powerful record tracking

We use the Oracle ERP Procurement solutions to manage orders and goods in our organization. Although the UI can be cumbersome, it is a great tool on the back end to manage procurement and services for a large organization. It greatly simplifies the chain of escalating approvals and can establish a trail for audit record keeping. With further training, the system becomes easy to use and actually can speed up services because you are not waiting for someone to batch approve orders.

Pros

Although for me it is cumbersome to use, my friends in management and finance say that it is a lifesaver for them in organizing expenses and following chain of command, especially for financial approval of large purchases. It allows for tracking of approvals through to the highest level of mangement which automates the process. Before, we were having managers manually go through each list and approve each individual item; with this, they are able to automate the approval process and integrate that with our vendors to make purchasing more streamlined and to keep strong records for audit purposes.

Cons

It is not very intuitive to use. Oracle training for procurement had to be given multiple times at our institution so that people could try out the software and subsequently ask questions about what each form and button actually does. It's certainly not the most user friendly interface, and many people have asked me if their orders are actually in the system because they can't find the order after they approved it.