ERP (Enterprise Resource Planning) software has a wide range of uses in businesses of all sizes. Its main purpose is to streamline operations, improve efficiency, and provide a single source of truth for all business data . Here are the main uses of ERP software : 1. Finance & Accounting Automates bookkeeping, invoicing, tax compliance, and payroll. Provides real-time financial reports and dashboards. Helps track expenses, revenue, and profitability. 2. Inventory & Supply Chain Management Tracks stock levels, orders, and deliveries. Manages suppliers, procurement, and logistics. Reduces stock shortages and overstocking. 3. Human Resources (HR) Manages employee records, recruitment, payroll, and performance. Tracks attendance, leave, and training. Ensures compliance with labor laws. 4. Sales & Customer Relationship Management (CRM) Manages customer data, sales pipeline, and after-sales service. Improves customer communication and satisfaction. Automates quotations, billing, and order processing. 5. Manufacturing & Production Plans production schedules. Tracks raw materials and finished goods. Improves quality control and reduces wastage. 6. Business Intelligence & Reporting Provides data analytics for decision-making. Tracks KPIs (Key Performance Indicators). Helps in forecasting sales, demand, and budgets.

Oracle Financials Cloud

About Oracle Financials Cloud

Oracle Financials Cloud is an accurate enterprise resource planning solution, offering decisive insights about a company’s financial position and profitability in the global market. The particular software comes loaded with a variety of tools, helping out big and small industries with their scheduled goals and adequate financial needs. Its feature list goes as detailed analyst reports, cloud-based economics, corporate responsibilities, diversity and inclusion, security practices. Within security practices, users are entitled to services like corporate security practices, Oracle software security assistance, Oracle cloud security practice and international customer support. Further Oracle Financials Cloud software use cases include extensive global capabilities (multiple ledgers, languages and currencies), delivery of decisive insights and automation boosting. Large teams can utilise the platform to take care of their assets and payables, streamline revenue management, expense management and joint venture management. A dedicated accounting hub helps with harmonised accounting data, adaptable centralised accounting, accurate financial information and more.

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Pricing

Free Trial Not Available
Offers Custom plan.
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SW Score Breakdown The SW Score breakdown shows individual score for product features.Read more

Features The Feature Score % is calculated using the weighted average method, where core features hold more weight in the final calculation. Read more

86%
Reviews

79%
Momentum

62%
Popularity

63%

Platforms Supported

Browser Based (Cloud)

Organization Types Supported

All (Small, Medium, Large)
Individuals

API Support

NA

Modes of Support

Business Hours, Online

Oracle Financials Cloud Features

Show Feature Explanation

Show Missing Features

ERP Features

Features: The Feature Score % is calculated using the weighted average method, where core features hold more weight in the final calculation. Read more

86%

Warehouse Management

Keep your stock safe by using barcodes or serial/lot numbers

Stock Management

Keep a track of your inventory throughout the production cycle

HR Management

Offers tools and features that lets you effectively manage your present employees and hiring process

Financial Management

Handles functions like management of cash and utilisation of funds

Asset Management

Manages the entire lifecycle of the physical assets of your organization

Accounting Management

Handling all your accounting functions like Bills payable, Bills Receivables, Payments, Receipts etc.

Dashboard

A digital insight of reports and other workings on a single screen

Purchasing

Acquiring goods or services required for the business at minimal cost

Supply Chain Management

A detailed overview of materials and finances as your goods exchange hands

Sales

Create attractive looking quotes and convert into actual sales

CRM

Handles your contact database, follows up with potential customers and keeps them engaged

Project Management

Helps in managing the projects necessary for streamlining and enhancing the customer relationship management tasks.

Oracle Financials Cloud Pricing

Free Trial

Not available

Pricing Options

Premium Plans ( Quotation Based )

Oracle Financials Cloud Custom

Features

Accounting and Control
Accounting Hub
Payables and Expenses
Receivables and Cash
Asset and Lease Management
U.S. Federal Financials
Track Environmental Impact

Disclaimer: The pricing details were last updated on 02/01/2025 from the vendor website and may be different from actual. Please confirm with the vendor website before purchasing.

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Oracle Financials Cloud Reviews

User Rating

4.1/5 (Based on 219 Ratings)

Rating Distribution

Excellent
38.8%
Very Good
40.6%
Average
17.4%
Poor
1.8%
Terrible
1.4%

User Sentiments

Comprehensive Financial Solutions, Seamless Integrations with other Oracle Products, Regular Updates with New Features, Ease of Use

Complex Configuration & Setup, Occasional Performance Issues, Limited Customization Options, Customer Support Challenges

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Review Summary

Oracle Financials Cloud is a comprehensive financial management solution that automates core financial processes and provides real-time insights into financial performance. Users praise its robust reporting and analytics capabilities, seamless integration with other Oracle products, and mobile accessibility. However, some reviewers note that the implementation process can be complex and time-consuming, and the user interface can be challenging to navigate for non-technical users. Overall, Oracle Financials Cloud is a powerful tool for large enterprises seeking an integrated financial management solution, but it may require significant investment in time and resources to implement and maintain.

Pros

Powerful financial management capabilities, including budgeting, forecasting, and reporting.
Seamless integration with other Oracle products, such as ERP and CRM.
Robust security features to protect sensitive financial data.

Cons

Complex to implement and use, requiring extensive training for users.
Costly to purchase and maintain, especially for small businesses.
Limited customization options, making it difficult to adapt to specific business needs.

AI-Generated from the text of User Reviews

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Oracle Financials Cloud FAQs

What is Oracle Financials Cloud used for?

Oracle Financials Cloud is ERP Software. Oracle Financials Cloud offers the following functionalities:

Warehouse Management
Stock Management
HR Management
Financial Management
Asset Management
Accounting Management
Dashboard
Purchasing

Learn more about Oracle Financials Cloud features.

What are the top alternatives for Oracle Financials Cloud?

Here`s a list of the best alternatives for Oracle Financials Cloud:

Does Oracle Financials Cloud provide API?

No, Oracle Financials Cloud does not provide API.

What is ERP Software ?

Test Link It’s a type of business management software that integrates and manages core business processes within an organization through a single system.

Test Link - Instead of using separate tools for accounting, inventory, HR, supply chain, and customer management, ERP combines everything into one platform for better efficiency and visibility.

Uses of ERP ?

ERP (Enterprise Resource Planning) software has a wide range of uses in businesses of all sizes. Its main purpose is to streamline operations, improve efficiency, and provide a single source of truth for all business data.

Here are the main uses of ERP software:

1. Finance & Accounting

Automates bookkeeping, invoicing, tax compliance, and payroll.
Provides real-time financial reports and dashboards.
Helps track expenses, revenue, and profitability.

2. Inventory & Supply Chain Management

Tracks stock levels, orders, and deliveries.
Manages suppliers, procurement, and logistics.
Reduces stock shortages and overstocking.

3. Human Resources (HR)

Manages employee records, recruitment, payroll, and performance.
Tracks attendance, leave, and training.
Ensures compliance with labor laws.

4. Sales & Customer Relationship Management (CRM)

Manages customer data, sales pipeline, and after-sales service.
Improves customer communication and satisfaction.
Automates quotations, billing, and order processing.

5. Manufacturing & Production

Plans production schedules.
Tracks raw materials and finished goods.
Improves quality control and reduces wastage.

6. Business Intelligence & Reporting

Provides data analytics for decision-making.
Tracks KPIs (Key Performance Indicators).
Helps in forecasting sales, demand, and budgets.

Oracle Financials Cloud Contact

Vendor Details

Redwood Shores, California

Contact Details

+1 800-633-0738

https://www.oracle.com/applications/erp/financials-cloud.html

Social Media Handles

Not available

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Oracle Financials Cloud

About Oracle Financials Cloud

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