Oracle EBS Financials Customer Reviews 2024

What is Oracle EBS Financials?

Oracle E-Business Suite is the a comprehensive suite of integrated, global business applications that enable organizations to make better decisions, reduce costs, and increase performance.

Company Details

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Oracle EBS Financials Ratings

Real user data aggregated to summarize the product performance and customer experience.
Download the entire Product Scorecard to access more information on Oracle EBS Financials.

Product scores listed below represent current data. This may be different from data contained in reports and awards, which express data as of their publication date.

87 Likeliness to Recommend

7
Since last award

95 Plan to Renew

14
Since last award

71 Satisfaction of Cost Relative to Value

3
Since last award

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Emotional Footprint Overview

Product scores listed below represent current data. This may be different from data contained in reports and awards, which express data as of their publication date.

+89 Net Emotional Footprint

The emotional sentiment held by end users of the software based on their experience with the vendor. Responses are captured on an eight-point scale.

How much do users love Oracle EBS Financials?

7% Negative

11% Neutral

82% Positive

Pros

Performance Enhancing
Enables Productivity
Reliable
Trustworthy

Ruby G.

Role: Sales Marketing
Industry: Technology
Involvement: End User of Application

Validated Review

Verified Reviewer

Submitted Oct 2024

Robust features but complex implementation

Likeliness to Recommend

8 /10

What differentiates Oracle EBS Financials from other similar products?

Oracle EBS Financials stands out with its comprehensive financial management capabilities, scalability, and strong integration with other Oracle applications, making it ideal for organizations like us.

What is your favorite aspect of this product?

The extensive customization options and ability to manage complex financial processes across various departments efficiently are standout features.

What do you dislike most about this product?

The implementation process can be quite complex and time-consuming, often requiring significant technical expertise to fully configure.

What recommendations would you give to someone considering this product?

Ensure your team has adequate expertise or external support for the implementation process, and clearly define ownership across IT and business functions for smoother deployment and usage.

Pros

Trustworthy
Transparent
Helps Innovate
Continually Improving Product

Himanshu G.

Role: Finance
Industry: Finance
Involvement: IT Leader or Manager

Validated Review

Verified Reviewer

Submitted Oct 2024

Best Fit for Business Requirement '

Likeliness to Recommend

9 /10

What differentiates Oracle EBS Financials from other similar products?

Oracle EBS financials is very reliable and highly secure Product . Surplus features which covers every aspect of P2P and OTC cycles and provides seamless data flow , Easy Integration with third party tools or in house applications makes it more useful product . Can perform customization according to business requirement like workflows, reports and dashboards . Fit for both large and small enterprises . No compliance issues as it compliant with International standards and conventions like GAAP , IFRS etc. Supports multilingual and multicurrency support which is best for running global finance operations. Extensive training/support resources

What is your favorite aspect of this product?

Favorite aspect of this product is its multilingual and multicurrency support which make best fit for global finance operations or International business. Vastly usage developed strong user community which further help or ease training , supporting and learning. Compliance is another aspect ,Oracle EBS financials compliant with every international standards and conventions.

What do you dislike most about this product?

User Interface : Sometimes very difficult to navigate or complex between different modules for new users need to be more user friendly as per modern requirements . Cost is another factor bit expensive for smaller organizations

What recommendations would you give to someone considering this product?

First. Understand specific Business requirement and needs . Then evaluate the features of Oracle EBS financials with your requirements and needs Second, Check Compatibility with internal existing system or third party applications using . High possibility of integration issues late Third , Budget , review licencing and additional costs like support , maintenances etc, Plan Budget accordingly Fourth ,Training and implementation . Both may look different but inseparable in case of Oracle EBS Financials .Need to train staff for better first implementation and then maintenance once go live

Pros

Continually Improving Product
Reliable
Performance Enhancing
Unique Features

Mark C.

Role: Finance
Industry: Finance
Involvement: Business Leader or Manager

Validated Review

Verified Reviewer

Submitted Oct 2024

A game-changer for our financial operations.

Likeliness to Recommend

10 /10

What differentiates Oracle EBS Financials from other similar products?

Oracle EBS stands out for its deep integration across financial modules, scalability for large enterprises, and comprehensive reporting and compliance features.

What is your favorite aspect of this product?

The automation of complex financial processes and the ability to generate detailed reports with ease is a huge time-saver.

What do you dislike most about this product?

The system sometimes requires a steep learning curve for new users.

What recommendations would you give to someone considering this product?

Ensure you invest in proper training for your team and take advantage of Oracle's customization options to tailor the system to your specific business needs.

Pros

Helps Innovate
Continually Improving Product
Reliable
Performance Enhancing

How We Deliver

Oracle EBS Financials

What is Oracle EBS Financials?

Company Details

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Awards & Recognition

Oracle EBS Financials Ratings

87 Likeliness to Recommend

7 Since last award

95 Plan to Renew

14 Since last award

71 Satisfaction of Cost Relative to Value

3 Since last award

Emotional Footprint Overview

+89 Net Emotional Footprint

How much do users love Oracle EBS Financials?

Pros

Feature Ratings Average rating of all product features, some of which may not be shown below

Accounts Payable Purchase Orders Record of debts owing for an organization. Sometimes includes a purchase order capability

General Ledger Chart of Accounts The general ledger contains the organization’s accounts for recording assets, liabilities, revenue, and expenses.

Budgeting Forecasting Functionality allowing users to create and maintain budgets and develop forecasts, “what-if” scenarios, etc

Dashboards, Analytics and Reporting Includes historical & real-time dashboard visualizations, detailed & summary reporting, forecasting & easy data extraction for data analysis.

Cash Flow Management Includes income and expense tracking, as well as cash flow monitoring.

Accounts Receivable Invoicing Record of claims for payment for goods or services provided. Usually includes a customer invoicing capability

Reconciliation Functionality that ensures that two sets of records (usually the balances of two accounts) are in agreement.

Project Accounting Ability to track, report and analyse financial results and implications at an individual project level

Cost Revenue Tracking The process of recording, classifying, analyzing, summarizing, and allocating costs associated with a process

Expense Management Includes all aspects of expense forms design, completion, submission, limits and compliance, and reporting.

Integration APIs Ability of the software to interface with legacy and other third party applications.

Vendor Capability Ratings Average rating of all vendor capabilities, some of which may not be shown below

Ease of Implementation Successfully implementing new software is necessary to realize its full value and promote end user adoption. This data indicates whether or not the product is easy to implement.

Breadth of Features Users prefer feature rich software that enables them to perform diverse series of tasks. This data expresses user satisfaction with the product's breadth of features.

Quality of Features Feature quality is just as important as quantity. Use this data to determine if this product will do what you're purchasing it to do, easily, intuitively, reliably, and effectively.

Business Value Created Software needs to create value for employees, customers, partners, and, ultimately, shareholders. This data expresses user satisfaction - or lack thereof - with the product's business value.

Availability and Quality of Training Effective and readily available training enables users to get the most out of the software you've chosen. Use this section to make sure your vendor's training programs and materials measure up.

Product Strategy and Rate of Improvement Vendors who don't stay on top of emerging needs and trends won't enable you to meet your business goals. Use this data to separate innovators from imposters.

Ease of Data Integration Use this data to determine whether the product will cause headaches or make data integration easy.

Ease of Customization Don't get bogged down in a difficult customization; use this data to make sure you can easily achieve the functionality you need for your particular situation.

Vendor Support The importance of vendor support will vary for each organization depending on internal capabilities, but there will always be issues that only the vendor can resolve.

Ease of IT Administration This data indicates whether IT personnel will be able to resolve issues and perform configurations efficiently and effectively.

Usability and Intuitiveness End user learning curves cost the organization money. Pay attention to your end users' technical ability to determine how important UX is in your purchase.

Oracle EBS Financials Reviews

Ruby G.

Robust features but complex implementation

Likeliness to Recommend

Pros

Himanshu G.

Best Fit for Business Requirement '

Likeliness to Recommend

Pros

Mark C.

A game-changer for our financial operations.

Likeliness to Recommend

Pros

Most Popular Oracle EBS Financials Comparisons

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Quickbooks Online

FreshBooks

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Title

7
Since last award

14
Since last award

3
Since last award

Feature Ratings

Accounts Payable Purchase Orders

General Ledger Chart of Accounts

Budgeting Forecasting

Dashboards, Analytics and Reporting

Cash Flow Management

Accounts Receivable Invoicing

Reconciliation

Project Accounting

Cost Revenue Tracking

Expense Management

Integration APIs

Vendor Capability Ratings

Ease of Implementation

Breadth of Features

Quality of Features

Business Value Created

Availability and Quality of Training

Product Strategy and Rate of Improvement

Ease of Data Integration

Ease of Customization

Vendor Support

Ease of IT Administration

Usability and Intuitiveness