Oracle Fusion Financial Review - why 3.6 stars?

Oracle Fusion Financial Management Review
ITQlick Score: 90/100
ITQlick Rating: (3.6/5)
Pricing: 5.8/10 - average cost
Category: Accounting & Finance -> Oracle Fusion Financial
Ranking:Ranked 10 out of 419 Accounting & Finance systems
Company: Oracle Corporation
Pricing: starts at $600 per user/month
Typical customers: Small, medium and large size businesses
Platforms: Desktop, Cloud
Links: Oracle Fusion Financial pricing, Oracle Fusion Financial alternatives
Shlomi LaviShlomi Lavi / updated: May 19, 2021

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What is Oracle Fusion Financial?

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, expense tracking, financial analysis, and workflow management features.

It helps businesses to simplify processes, make smart decisions faster, and control costs. Oracle which created this software offers information and technology services was founded in 1977. It is headquartered in Redwood Shores, California with more than 10,000 employees.

What is Oracle Fusion Financial rating? ()

The rating of Oracle Fusion Financial is 3.6 stars out of 5 and the total score is 90 out of 100. The ratings are based on our unbiased experts. Learn more in our rating methodology page

Who are Oracle Fusion Financial's typical customers?

Oracle Fusion Financial Management is an extensive suite of applications that can be deployed in any business regardless of size and type. The suite has been used in such industries as communication, education and research, media and entertainment, public sector, IT infrastructure, and automotive. Some major customers include Asahi Group Holdings, Ltd. and Escorts Limited etc.

Is Oracle Fusion Financial the best Accounting & Finance?

Oracle Fusion Financial is ranked 10 out of 419 software in their category (Accounting & Finance systems).

What are their main features and functionalities?

Oracle Fusion Financial Management provides innovative solutions for information access along with real time intelligence services. Various financial accounting and reporting features make possible real time access to financial results for better decision making.

Oracle Fusion Financial Management also offers the features of accounts payable and receivable, general ledger, automated billing, credit card processing, and customizable functionality.

What are Oracle Fusion Financial's pros? (3 Pros)

  • Can handle multiple accounts
  • Excellent revenue and collection features
  • Easy to learn and navigate

What are Oracle Fusion Financial's cons? (2 cons)

  • Customer service for improvement
  • More expensive than other accounting and financial software

Who are their main alternatives?

Tipalti AP Automation is accounting and finance software for the same client size and cost as Oracle Fusion Financial Management. Oracle is more flexible than Tipalti when it comes to devices being supported since Oracle is available via web and iPhone and Android app, unlike Tipalti which is only web-based.

Tipalti AP Automation has almost the same features as Oracle Fusion Financial Management except for billing and invoicing, receipt management, and task management features. Tipalti has better integrations than Oracle like with NetSuite, PayPal, and QuickBooks. Both have garnered positive customer reviews online and are beneficial as accounting and finance solution.

Zoho Invoice is an online invoicing, billing and time tracking software for small to large enterprises like Oracle Fusion Financial Management. However, Zoho Invoice pricing is lower than Oracle. But when it comes to features, Oracle Fusion offers more accounting and financial solutions than Zoho like auditing, budgeting, client management, communication management, customizable workflow, trend analysis, and more.

Zoho has more integrations than Oracle including PayPal, Stripe, Wokato, and Office 365. Zoho Invoice has higher vendor reputation online and may be cheaper but Oracle Fusion is still a better choice for all-inclusive accounting and finance software.

What is the cost of Oracle Fusion Financial?

The cost of license starts at $600 per user/month. On top of the total cost of licenses which is easy to calculate - what is the REAL total cost of implementation? You need to add the cost of training, customization, data migration, and other "hidden cost". ITQlick pricing score is 5.8 out of 10 (10 is most expensive). Find here the REAL total cost breakdown for Oracle Fusion Financial

What should you ask Oracle Corporation during a demo session? (65 questions)

Schedule a demo with Oracle Fusion Financial and access 65 must ask questions for the vendor while watching Oracle Fusion Financial in action.

Is it the right software for you?

Oracle Fusion Financial Management fits all businesses sizes from education, research, automotive, communication, and IT infrastructure industry. Among its known clients are FlexiGroup, Skechers, and Asahi Group Holdings, Ltd.

List of categories

Core Accounting
Budgeting & CPM
Financial reporting

List of features

Data Import/Export
Basic Reports
Online Customer Support

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Author

Shlomi Lavi

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Shlomi holds a Bachelor of Science (B.Sc.) in Information System Engineering from Ben Gurion University in Israel. Shlomi brings 15 years of global IT and IS management experience as a consultant, and implementation expert for small, medium and large size (global) companies.