Oracle Fusion Financial Management Pricing, Features, Reviews & Comparison of Alternatives

Oracle Fusion Financial Management

The New Standard for Finance

4.07/5 (43 reviews)

Oracle Fusion Financial Management overview

What is Oracle Fusion Financial Management?

Oracle's Fusion Financial Management is a complete and integrated financial management solution that sets the foundation for good governance and consistent growth while helping today's fast-growing and dynamic organizations make better decisions, increase efficiency, reduce costs, and continuously innovate.

Pricing

Starting from
$600/month
Pricing options
Subscription
Value for money
View Pricing Plans

Devices

Business size

S
M
L

Markets

United States

Supported languages

English, Chinese (Simplified), Chinese (Traditional), Czech, Danish and 16 other languages, Dutch, Finnish, French, German, Hungarian, Italian, Japanese, Korean, Norwegian, Polish, Portuguese, Russian, Spanish, Swedish, Turkish, Thai
Oracle Fusion Financial Management screenshot: Track and manage invoicesOracle Fusion Financial Management screenshot: Manage receivables

Oracle Fusion Financial Management reviews

Value for money
Features
Ease of use
Customer support
  3.8
  4.2
  3.8
  3.9
Jeffrey A Cattani

Oracle Use

Used daily for 2+ years
Reviewed 2019-01-24
Review Source: Capterra

Pros
Oracle is an outstanding software tool that is used by myself in the financial aspect of my employment. I used three different version of Oracle Financial starting with Oracle10.7, Orcle 11i and Oracle 12. Plus the side tool like Discover Report Writing and it Logistic tools.

Cons
The selections that my management made it what they purchased from Oracle and the Support that they provided to use the tool. I saw what could be done with Oracle by other regions with in my employer. We converted from 10.7 to 11i for one of the main reason was to track and manage our capital budget which for our region was $1.1 Billion Dollars. But after the conversion we had to start all over and start from the ground. Not Oracle fault but the consultants and management fault. We even manage that budget approval process in Excel.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 10/10

Minimize review

Amy Abbas

Cloud based Financial ERP Solution

Used daily for 2+ years
Reviewed 2019-05-28
Review Source: Capterra

Pros
1. Since Oracle cloud is web based, the client has to bear no installation and server fees. Also, the modules are available on any web browser which gives the end user flexibility. 2. Oracle financial cloud has very robust reporting capabilities. Even compared to Oracle EBS, there are a large number of out of box reports, dashboards which can be used as-is. Also, the latest BI features make it very easy to start creating reports using just the UI. 3. The accounting generated using Oracle fusion can be leveraged to meet reporting requirements of most international firms. Oracle Fusion also offers out of box compliance to ASC606 - Reveneue standards. 4. It has integration with Oracle EBS and data can also be imported/exported in excel format.

Cons
1. Oracle Fusion cannot be customized so any data enhancement has to be done outside Oracle, i.e before interfacing the data.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 8/10

Minimize review

Anonymous

Oracle Fusion - underdeveloped, slow, awkward and undersupported

Used daily for 1-2 years
Reviewed 2018-09-13
Review Source: GetApp

Pros
It is easy to access via the web due to the cloud based. Not having to purchase server infrastructure is an expense savings.

Cons
Oracle Fusion is frankly not a fully developed product. As a previous user of server-based Oracle ERP, the lack of operation functionality is mind-boggling. It is awkward to use. Many times you have to click multiple levels to find information that almost any other system provides on one screen. Every screen with a table will only return a few rows of the table and then makes you scroll down and the system fetches that data. Providing 10 columns of data 10 rows at a time is clunky, time consuming and unacceptable. If you investigate a record and return to previous screen you will have to do the fetching procedure all over. The seeded reports haven't covered even standard financial reporting, G/L research and inventory reporting. Writing your own reports is challenging due to a lack of documentation of how and where the system stores data. Ever since implementation, we have had to fight very hard for even simple fixes. We often met with some combination of "why would you need that", "the system will never do that" and "your request will have to wait in line and will be fixed if enough users are concerned" for a number of levels of Oracle sale, support and management. Ultimately our operations are somewhere between 25% and 50% slower than our previous old outdated MS Dynamics system.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 0/10

Minimize review

Anonymous

Oracle Financials

Used daily for 2+ years
Reviewed 2019-08-28
Review Source: Capterra

Oracle is used for General Ledger, Accounts Payable, Accounts Receivable and Purchasing. Other modules have been created by developers within our organization for other products. All the modules are integrated so everything flows together. Processes are there for month end and year end

Pros
Flexibility and easy to customize One of the top ERP systems so many people are familiar with using Not hard to learn My Oracle Support is good for searching on similar issues

Cons
Support isn't always the best. Sometimes you need to talk with someone rather than just opening an SR Not always intuitive when working through screens The modules had been created by people in the industry when this first came out, but now enhancements/changes are made by IT people and some of the setups do not make sense

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 8/10

Minimize review

Piyush Jha

Software Engineee

Used daily for 2+ years
Reviewed 2016-10-08
Review Source: Capterra

In Oracle Financial Software Services , I worked with a CITI Project CLUE which was Risk Management Tool used for CITI Clients for determining risk factor and other transactional activities. I was responsible for the Automation , Manual testing and Functional requirement gatherings.

Pros
I have very keen interest in this Software which could deal with Programming . I am quick learner , I have tried to do something productive throughout my career till date.

Cons
It should not be dependent on schema which makes it high dependency

Rating breakdown

Ease of use
Features
Customer support

Likelihood to recommend: 9/10

Minimize review

Oracle Fusion Financial Management pricing

Starting from
$600/month
Pricing options
Subscription
View Pricing Plans

Financials: $600 per user/month
Revenue Management: $650 per user/month

Oracle Fusion Financial Management features

Accounting Management
Activity Dashboard
Audit Trail
Automatic Notifications
Billing & Invoicing
Compliance Management
Expense Tracking
Financial Analysis
Invoice Management
Real Time Data
Third Party Integration
Workflow Management

API (277 other apps)
Accounting Integration (163 other apps)
Customizable Reporting (171 other apps)
Data Import/Export (180 other apps)
Electronic Payments (171 other apps)
Invoice Processing (151 other apps)
Multi-Currency (166 other apps)
Reporting & Statistics (260 other apps)

Additional information for Oracle Fusion Financial Management

Key features of Oracle Fusion Financial Management

  • Accounting
  • Analysis of expense trends
  • Automated audits
  • Automated workflows and approvals
  • Automatic notification of approved or rejected requests
  • Automatically push work and transactions
  • Bankrupt customer tracking
  • Capture photos of receipts / receipt tracking
  • Cash forecasts
  • Cash management
  • Communication tools
  • Contract & performance obligations
  • Customer ranking
  • Data storage
  • Detailed transaction histories
  • Email integration
  • Embedded collaboration
  • Embedded transactional intelligence
  • End-to-end processes
  • Enterprise risk and compliance management
  • Expense receipts and expense policy violations
  • Export results from any transactional table or report
  • Extensive spreadsheet integration
  • Fixed asset tracking & accounting
  • Instant messaging
  • Integrated imaging
  • Integration with corporate card transactions
  • Invoicing
  • Live financial data
  • Mobile device entry and approval
  • Mobile expenses
  • Multi-dimensional reporting platform
  • Multiple data entry methods
  • Native, real-time intelligence
  • Planning and forecasting
  • Prioritized work lists
  • Proactive metrics
  • Project & travel integration
  • Real-time data
  • Regulatory compliance and corporate policies
  • Reporting platform
  • Revenue allocations
  • Revenue management
  • Role-based dashboards
  • Self-service reporting
  • Send dunning notices automatically to multiple contacts
  • Shared services
  • Simultaneous accounting of multiple reporting
  • Single data source
  • Spreadsheet templates
  • Task management
  • Voice capture
  • Work areas
View All Features

Benefits

Oracle Fusion Financials revolutionizes productivity and information access with native, real-time intelligence.