Oracle Fusion Financial - Top Competitors (Mar 2022)

Shlomi Lavi / updated: Mar 22, 2022

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Oracle Fusion Financial vs. Alternatives in 2024

Oracle Fusion Financial Management competes with other accounting & finance systems like Acumatica, FinancialForce Financial Management ERP, and FreshBooks. We will compare these accounting & finance systems in some specific aspects below.

• Functionality: Oracle Fusion Financial Management offers features like an Accounting Hub, Reporting & Analytics, Payables & Assets, Revenue Management, Receivables, Collections, Expense Management, Joint Venture Management, Adaptable Centralized Accounting, and Powerful Accounting Engine. Acumatica offers features like General Ledger, Accounts Receivable, Accounts Payable, Cash Management (available in Oracle Fusion), Currency Management, Tax Management, Deferred Revenue Accounting, Multi-Entity & Intercompany Accounting, Recurring Revenue Management (available in Oracle Fusion, Fixed Assets, Time Management, Advanced Expense Management, Bank Feeds, Project Accounting, Reporting, Dashboards, and Data Analysis Toolkit. FinancialForce Financial Management ERP offers features like Accounting (available in Oracle Fusion), Financial Reporting, General Ledger (available in Acumatica), Consolidations, Receivables & Collections, Payables & Settlement, Fixed Assets Management, Cash Management (available in Acumatica), etc. FreshBooks offers features like Invoicing, Expenses (available in Oracle Fusion), Time Tracking, Collaborate on Projects, Get Paid Faster, Reports (available in Oracle Fusion), Double-Entry Accounting, FreshBooks Mobile App, etc.
• Customers/Industries: Oracle Fusion Financial Management targets Industries in Automotive, Communication, Construction & engineering, consumer goods, financial services, food & beverage, government and education, healthcare, high technology, hospitality, manufacturing, life science, media and entertainment, oil and gas, professional services, retail, travel and transportation, utilities, etc. Oracle Fusion has customers like David Jones, EmblemHealth, HSBC, Orange, Scottish Water, Western Digital, etc. Acumatica targets industries in Construction, Distribution, Manufacturing, retail- Commerce, Service Industries, Agriculture & Farming, Chemicals, Construction, Education, Energy & Utilities, Equipment Rental, Food & Beverage, Government Contractors, Healthcare Non-profit, Property Management, Telecommunications, etc. Acumatica has customers like Triode, FixNetix, Kelly Products, Inc., Quantum Group, Dukathole Group, Cornell Cooperative Extension, Alpha Insulation & Waterproofing Inc., Eagle Fence Distribution, etc. FinancialForce Financial Management ERP has customers like Red Hat, Splunk, Elastic, Hewlett Packard Enterprise, BeyondTrust, DocuSign, Salesforce, Avalara, Aquient, WorldLine, Willow, Five9, United services group, Kinetic Vision, CBTS, etc., FreshBooks targets Freelancers, Self-Employed Professionals, Businesses With Contractors, and Businesses With Employees. FreshBooks has customers like McCormick Tax Group, LLC, ACE CONNECTIONS, Beyond Creative, Pink Shark Marketing, etc.
• Cost: Oracle Fusion has a cost rating of 2.9/5, according to ITQlick expert cost analysis. This means it is low-cost accounting & finance software. The rating system considers this software rated 1-2 as low-cost and 4-5 as high cost. Oracle Fusion Financial Management starts at $600.00 per user per month and offers a free trial. The license cost information for Acumatica and FinancialForce Financial Management ERP is unavailable. FreshBooks starts at $6.00 per month and $108.00 per year. FreshBooks offers a free trial
• Cloud-based/On-premise: Oracle Fusion Financial Management and all its alternatives are cloud-based. Acumatica offers On-Premise for Windows and Linux.
• Scalability: Oracle Fusion Financial Management and FinancialForce Financial Management ERP can accommodate businesses of all sizes. Acumatica can accommodate small and mid-sized businesses.
• Support: Oracle Fusion Financial Management and FreshBooks offers support channels like Email/Help Desk, FAQs/Forum, Knowledge Base, Phone Support, and Chat. Acumatica and FinancialForce Financial Management ERP offer all support channels of Oracle Fusion plus a 24/7 (Live Rep).