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Oracle Financial Consolidation and Close Reviews & Product Details

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Oracle Financial Consolidation and Close Reviews (33)

Reviews

Oracle Financial Consolidation and Close Reviews (33)

4.0
33 reviews

Review Summary

Generated using AI from real user reviews
Users consistently praise the efficiency of financial consolidation and the ability to maintain compliance with regulations. Many find it effective for automating complex processes, which saves time and reduces errors. However, a common limitation noted is the steep learning curve required to fully utilize the software.

Pros & Cons

Generated from real user reviews
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Sagar Shivaji C.
SC
RTR specialist
Enterprise (> 1000 emp.)
"HFM"
What do you like best about Oracle Financial Consolidation and Close?

The best part about Oracle Financial consolidation is we can see all the data or we can publish all Financial related data with stakeholders and auditors, it can help to avoid error during the closing Review collected by and hosted on G2.com.

What do you dislike about Oracle Financial Consolidation and Close?

Primarily the user has confused about the status or would say it is not possible to user easily and my suggestion is Orcle would arrange a session on how to use Oracle. Review collected by and hosted on G2.com.

Tamer M.
TM
Assistant Manager Internal Audit
Enterprise (> 1000 emp.)
"Oracle User"
What do you like best about Oracle Financial Consolidation and Close?

Accuracy of financial statements with the program's possibilities to access details if needed Review collected by and hosted on G2.com.

What do you dislike about Oracle Financial Consolidation and Close?

The difficulty of obtaining reports and the time taken to access data as there are other programs in which data access is easier, faster and convenient for all users Review collected by and hosted on G2.com.

Verified User in Hospital & Health Care
UH
Mid-Market (51-1000 emp.)
"Must have Integrated software application when you are expanding your business"
What do you like best about Oracle Financial Consolidation and Close?

Its ability to integrate various functions of business and saving the time and providing effective management solutions. Review collected by and hosted on G2.com.

What do you dislike about Oracle Financial Consolidation and Close?

No such dislike. over a period of time, many features are being added to this suite making peoples lives easy. Review collected by and hosted on G2.com.

BH
Enterprise (> 1000 emp.)
"New customer"
What do you like best about Oracle Financial Consolidation and Close?

Appears to have promising capabilities. Will know more later Review collected by and hosted on G2.com.

What do you dislike about Oracle Financial Consolidation and Close?

Sounds like Narrative Reporting for 10K and 10Q reporting lags competitors tools, Review collected by and hosted on G2.com.

NS
Mid-Market (51-1000 emp.)
"Oracle Good for some stuff"
What do you like best about Oracle Financial Consolidation and Close?

Level of detail is good, but not long term performance Review collected by and hosted on G2.com.

What do you dislike about Oracle Financial Consolidation and Close?

need to have a longer perion of overview Review collected by and hosted on G2.com.

kanchi k.
KK
Senior Financial Analyst
Enterprise (> 1000 emp.)
"Oracle financial consolidation and close is a great platform to work on"
What do you like best about Oracle Financial Consolidation and Close?

It is very employee friendly and and great tool to work upon. Review collected by and hosted on G2.com.

What do you dislike about Oracle Financial Consolidation and Close?

At times the Oracle does faces server issues which hampers the work Review collected by and hosted on G2.com.

Verified User in Consulting
AC
Small-Business (50 or fewer emp.)
"Time for EPM"
What do you like best about Oracle Financial Consolidation and Close?

Helpful to stay organized and on top of systems. Review collected by and hosted on G2.com.

What do you dislike about Oracle Financial Consolidation and Close?

Navagating can be a challenge at times, better user interface would be helpful. Review collected by and hosted on G2.com.

Verified User in Accounting
UA
Mid-Market (51-1000 emp.)
"overall great"
What do you like best about Oracle Financial Consolidation and Close?

there's lots of options to build reports Review collected by and hosted on G2.com.

What do you dislike about Oracle Financial Consolidation and Close?

it requires knowing how to manipulate the tool Review collected by and hosted on G2.com.

Joyce A.
JA
Director for Internal Organizational Development
Mid-Market (51-1000 emp.)
"Accountant Review"
What do you like best about Oracle Financial Consolidation and Close?

Very friendly accounting application. Easy to use. Review collected by and hosted on G2.com.

What do you dislike about Oracle Financial Consolidation and Close?

Easily affected by the internet connection. Automatically close when not in use for a long time. Review collected by and hosted on G2.com.

Lokesh K.
LK
Business Finance
Financial Services
Enterprise (> 1000 emp.)
"Oracle Financial Conso"
What do you like best about Oracle Financial Consolidation and Close?

Help in consolidating large financials with keeping compliance of IFRS in mind. It broughts lot of efficiency by avoiding the manual works of consolidation done in excel in a legacy environment. Review collected by and hosted on G2.com.

What do you dislike about Oracle Financial Consolidation and Close?

It takes time to understand how to use it in the best way and how to get the desired report generated, so we should ensure to make it more user-friendly from the first day of use. Review collected by and hosted on G2.com.

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