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

38 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

(20)

20

4 stars

(11)

11

3 stars

(5)

5

2 stars

(0)

0

1 stars

(2)

2

Likelihood to Recommend

Not likely

Very likely

Showing 1 - 5 of 38 results

March 2018

aanchal from Deloitte Consulting

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!

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.

April 2019

Vrinda from Tbea Energy India

Company Size: 501-1,000 employees

Industry: Electrical/Electronic Manufacturing

Time Used: Less than 2 years

Review Source: Capterra


Ease-of-use

4.0

Value for money

5.0

Customer support

5.0

Functionality

5.0

April 2019

Oracle ERP Cloud- Review

Working for project management we used this for streamlining of processes project wise.

Pros

The best features for the ERP cloud is that storage is very easy and in departments like Project Management multiple people can have access and simultaneously work on the data. Also the interface is user friendly and a lot of support from the Oracle team during implementation phase.

Cons

Just the regular java updates it requires and if some entry is made wrong you need to redo the entire work which becomes difficult in projects as there are lot of bill of materials and project schedules.

December 2019

Anonymous

Verified Reviewer

Company Size: 201-500 employees

Time Used: Less than 2 years

Review Source: Capterra


Ease-of-use

4.0

Value for money

5.0

Customer support

5.0

Functionality

4.0

December 2019

Oracle ERP

Overall the experience is good. To obtain past records and adding new ones as a user, i see that the software is very userfriendly after you got the hang of it

Pros

The software is very secured and very reliable. The data we put in is rotected and the system is accurate. Also easy for the auditors

Cons

The software takes lot of space. And for a start up company it could be little expensive but I thinklooking at the services they give its quiet reasonable. The learning process could be slow for someone new

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.