Compare QuickBooks and Oracle Fusion Financial - Jan 2023

Shlomi LaviShlomi Lavi / Jan 25, 2023

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Bottom Line: Which is Better - QuickBooks or Oracle Fusion Financial?

Oracle Fusion Financial is more expensive to implement (TCO) than QuickBooks, and Oracle Fusion Financial is rated higher (90/100) than QuickBooks (87/100). QuickBooks offers users more features (15) than Oracle Fusion Financial (3).

Looking for the right Core Accounting solution for your business? Buyers are primarily concerned about the real total cost of implementation (TCO), the full list of features, vendor reliability, user reviews, and the pros and cons. In this article we compare between the two software products:

Intuit Vs. Oracle Corporation

Intuit: Intuit Inc. is an American company that develops financial and tax preparation software and related services for small businesses, accountants and individuals. Build Your Business w/ Intuit. Get QuickBooks Accounting Software, a Free Website Builder, Credit Card Processing & Payroll Services. NEW: Pay by Mobile! 

Oracle Corporation: Oracle Corporation is a computer technology corporation that specializes in developing and marketing computer hardware systems and enterprise software products – particularly database management systems. Employing approximately 113,644 people worldwide as of 30 June 2012,it has enlarged its share of the software market through organic growth and th...

Who is more expensive? QuickBooks or Oracle Fusion Financial Management?

The real total cost of ownership (TCO) of Core Accounting software includes the software license, subscription fees, software training, customizations, hardware (if needed), maintenance and support and other related services. When calculating the TCO, it's important to add all of these ”hidden costs” as well. We prepared a TCO (Total Cost) calculator for QuickBooks and Oracle Fusion Financial Management.

QuickBooks price starts at $15 per month , On a scale between 1 to 10 QuickBooks is rated 2, which is much lower than the average cost of Core Accounting software. Oracle Fusion Financial Management price starts at $600 per user/month , When comparing Oracle Fusion Financial Management to its competitors, the software is rated 4 - lower than the average Core Accounting software cost.

Bottom line: Oracle Fusion Financial Management is more expensive than QuickBooks.

Which software includes more/better features?

We've compared QuickBooks Vs. Oracle Fusion Financial based on some of the most important and required Core Accounting features.

QuickBooks: this software is considered "feature-rich" with more than 10 important features, here is a partial list: Accounts Payable, Accounts Receivable, Audit Trail, Balance Sheet, Billing & Invoicing, Check Printing, Credit Card Processing, General-Ledger.

Oracle Fusion Financial Management: Data Import/Export, Basic Reports, Online Customer Support.

Target customer size

QuickBooks Premier 2014 was designed for use by every type of business. Oracle Fusion Financial Management is an extensive suite of applications that can be deployed in any business regardless of size and type.

QuickBooks

ITQlick rating
(5/5)

starts at $15 per month

Quickbooks is a cloud-based accounting software designed for self-employed and small businesses. The solution helps the user manage all their finances with either an online version or licensed.

Categories: Accounting & Finance, Billing & Invoicing, Core Accounting, Medical Accounting.

Oracle Fusion Financial

ITQlick rating
(3.6/5)

starts at $600 per user/month

Oracle Fusion Financial Management is an accounting and finance software which offers integrated and comprehensive solutions for small to large enterprises. It has accounting management, billing and invoicing, ...

Categories: Core Accounting, Budgeting & CPM, Financial reporting.

Compare specifications

Compare features

QuickBooks: 15 Features

Accounts Payable
Accounts Receivable
Audit Trail
Balance Sheet
Billing & Invoicing
Check Printing
Credit Card Processing
General-Ledger
P&L Statement
Purchase Orders
Sales Reporting
Time & Expense
Invoice Scheduling
Invoice Templates
Time and Expense Tracking

Oracle Fusion Financial Management: 3 Features

Data Import/Export
Basic Reports
Online Customer Support
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick score ITQlick Score is a 1 to 100, the calculation is based on pricing, and functionality Vs. alternative solutions
Pricing score pricing Score is a 1 to 10 (10 is high cost), based on the TCO (cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
License pricing license pricing (if provided by the software vendor)
Functionality score
Software review
Compare
QuickBooks
ITQlick rating
5/5
Score
87/100
Pricing
3.2/10
License pricing
$15 per month
Functionality
20
Compare
Oracle F...
ITQlick rating
3.6/5
Score
90/100
Pricing
5.8/10
License pricing
$600 per user/month
Functionality
6
QuickBoo...
ITQlick rating
4.2/5
Score
99/100
Pricing
5/10
License pricing
$12.50 per month
Functionality
7
Wave Acc...
ITQlick rating
4.4/5
Score
97/100
Pricing
5.6/10
License pricing
Pricing not available
Functionality
8
Zoho Boo...
ITQlick rating
4.4/5
Score
96/100
Pricing
2.4/10
License pricing
$10 per organizer/month
Functionality
9

Auditor - Shlomi Lavi

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Shlomi Lavi is an entrepreneur and founder of ITQlick.com. He holds a Bachelor of Science (B.Sc.) in Information Systems Engineering from Ben Gurion University in Israel. Shlomi brings 17 years of global IT and IS management experience as a consultant and implementation expert for small, medium and large-sized (global) companies. Shlomi’s goal is to share the best knowledge and news about information systems so you can make smarter buying decisions for your business.