Oracle Financials Review - why 3.5 stars?

Shlomi Lavi / updated: May 30, 2022

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What is Oracle Financials?

Oracle Financial is a cloud-based end-to-end business management solution which is designed for monitor supplier invoices and payment. The core features include financial accounting, analytics, and material planning and more. The financial management functionality enables the user to manage the general ledger, accounts receivable, accounts payable, cash and fixed assets.

The business intelligence module allows the user to identify patterns from enterprise data. The billing departments can access assets and payables dashboard where the user can reconcile statements, monitor payments and invoices, account for fixed assets as well as manage different bank accounts. The user can update expenses in real-time.

The solution integrates with invoice imaging, and thus the user can scan and post the supplier invoices and other documents automatically. The rapid implementation technology enables quick migration of data from the system currently used to help reduce the cost and time.

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Who is it best for?

The typical customers include the following business size: Small, medium and large size businesses.

What is the actual cost?

The cost of license starts at $600 per user/month. ITQlick pricing score is 8 out of 10 (10 is most expensive). Access ITQlick pricing guide for Oracle Financials. You can also find here pricing information from Oracle Financials's website.

How it stacks up?

Access a head to head analysis of Oracle Financials vs alternative software solutions.

Frequently Asked Questions (FAQs)

Is Oracle Financials right for you or your business?

Oracle Financials is ideal for accountants, bookkeepers, and managers in businesses of all sizes including small, medium-sized and large enterprises. It caters to various industries including automotive, communication, food & beverage, construction & engineering, financial services, healthcare, education, and public sector and more.