Oracle

Oracle Compliance, Risk, and Finance

7.2 /10

What is Oracle Compliance, Risk, and Finance?

Oracle Applications enable insurance companies to manage risk, reduce data quality issues, improve capital allocation, and manage compliance across different lines of business.

Company Details

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Oracle Compliance, Risk, and Finance Ratings

Real user data aggregated to summarize the product performance and customer experience.

87 Likeliness to Recommend

85 Plan to Renew

79 Satisfaction of Cost Relative to Value

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Emotional Footprint Overview

+97 Net Emotional Footprint

The emotional sentiment held by end users of the software based on their experience with the vendor. Responses are captured on an eight-point scale.

How much do users love Oracle Compliance, Risk, and Finance?

0% Negative

0% Neutral

100% Positive

Pros

Helps Innovate
Continually Improving Product
Reliable
Performance Enhancing

Feature Ratings

Average 78

Accounting and Financial Management

Invoice Management

Audit Management

Analytics and Reporting

Cash Flow Management

Billing and Invoice Management

Performance Management

Workflow Management

Document Management

Compliance Management

Risk and Fraud Assessment

Vendor Capability Ratings

Average 76

Ease of IT Administration

Product Strategy and Rate of Improvement

Business Value Created

Quality of Features

Ease of Data Integration

Usability and Intuitiveness

Breadth of Features

Ease of Customization

Availability and Quality of Training

Vendor Support

Ease of Implementation

Oracle Compliance, Risk, and Finance Reviews

Himanshi C.

Role: Finance
Industry: Finance
Involvement: Business Leader or Manager

Validated Review

Verified Reviewer

Submitted Apr 2024

It's easy to implement

Likeliness to Recommend

10 /10

What differentiates Oracle Compliance, Risk, and Finance from other similar products?

It's the best product to use

What is your favorite aspect of this product?

it's simplified mechanism

What do you dislike most about this product?

i don't dislike the product

What recommendations would you give to someone considering this product?

I'd highly recommend this product

Pros

Helps Innovate
Continually Improving Product
Reliable
Performance Enhancing

Prashant S.

Role: Sales Marketing
Industry: Finance
Involvement: IT Development, Integration, and Administration

Validated Review

Verified Reviewer

Submitted May 2023

Fantastic product

Likeliness to Recommend

9 /10

What differentiates Oracle Compliance, Risk, and Finance from other similar products?

Oracle Compliance, Risk, and Finance is a suite of software solutions designed to help organizations manage risk, comply with regulatory requirements, and optimize financial performance. Some key features that differentiate Oracle Compliance, Risk, and Finance from other similar products include: 1. Comprehensive coverage 2. Integration with other Oracle products 3. Advanced analytics and reporting 4. Customization and flexibility 5. Scalability

What is your favorite aspect of this product?

One of the most significant advantages of using Oracle Compliance, Risk, and Finance is that it seamlessly integrates with other Oracle products, such as Oracle ERP Cloud. This integration enables organizations to create an end-to-end solution that spans finance, risk, and compliance, which can provide greater efficiency and insights across the organization.

What do you dislike most about this product?

One potential challenge is that Oracle Compliance, Risk, and Finance is a complex software suite with a wide range of features and capabilities. This complexity can make it difficult for users to learn and navigate the system effectively, especially if they are not familiar with other Oracle products. It might also require additional time and resources to configure and implement the solution, which could increase the overall cost of ownership.

What recommendations would you give to someone considering this product?

1. Evaluate their organization's needs 2. Consider integration with existing systems 3. Evaluate the cost and ROI 4. Plan for implementation 5. Leverage Oracle's support and resources

Pros

Helps Innovate
Continually Improving Product
Reliable
Performance Enhancing

Jose A.

Role: Finance
Industry: Finance
Involvement: Initial Implementation

Validated Review

Verified Reviewer

Submitted Jul 2022

Very useful software

Likeliness to Recommend

9 /10

What differentiates Oracle Compliance, Risk, and Finance from other similar products?

Efficiency at the finance process

What is your favorite aspect of this product?

the implementation and usability mid term

What do you dislike most about this product?

The price, and that its hard to implement

What recommendations would you give to someone considering this product?

Good for medium companies

Pros

Continually Improving Product
Reliable
Enables Productivity
Efficient Service

Oracle Compliance, Risk, and Finance

What is Oracle Compliance, Risk, and Finance?

Company Details

Need Assistance?

Oracle Compliance, Risk, and Finance Ratings

87 Likeliness to Recommend

85 Plan to Renew

79 Satisfaction of Cost Relative to Value

Emotional Footprint Overview

+97 Net Emotional Footprint

How much do users love Oracle Compliance, Risk, and Finance?

Pros

Feature Ratings Average rating of all product features, some of which may not be shown below

Accounting and Financial Management Includes accounting and finance functions such as general ledger, accounts payable, and accounts receivable.

Invoice Management Includes invoice creation, invoice capturing, invoice approval, and invoice payments.

Audit Management Includes data security, audit reports, and revision control.

Analytics and Reporting Includes historical & real-time dashboard visualizations, detailed & summary reporting and easy data extraction for data analysis.

Cash Flow Management Includes income and expense tracking, as well as cash flow monitoring.

Billing and Invoice Management Includes automated time capture, online bill submission, invoicing, and e-billing.

Performance Management Includes all aspects of performance appraisals and review design: rollout, conducting, tracking, measurement, and goal attainment.

Workflow Management Includes ability to support flexible and comprehensive workflow-based capabilities.

Document Management Includes features such as check-in/check-out and versioning controls on documents and artifacts.

Compliance Management Includes compliance controls, compliance rules engine, and compliance monitoring.

Risk and Fraud Assessment Includes the ability to document, mitigate, and respond to project risk conditions across the portfolio and detect instances of potential fraudulent claims.

Vendor Capability Ratings Average rating of all vendor capabilities, some of which may not be shown below

Ease of IT Administration This data indicates whether IT personnel will be able to resolve issues and perform configurations efficiently and effectively.

Product Strategy and Rate of Improvement Vendors who don't stay on top of emerging needs and trends won't enable you to meet your business goals. Use this data to separate innovators from imposters.

Business Value Created Software needs to create value for employees, customers, partners, and, ultimately, shareholders. This data expresses user satisfaction - or lack thereof - with the product's business value.

Quality of Features Feature quality is just as important as quantity. Use this data to determine if this product will do what you're purchasing it to do, easily, intuitively, reliably, and effectively.

Ease of Data Integration Use this data to determine whether the product will cause headaches or make data integration easy.

Usability and Intuitiveness End user learning curves cost the organization money. Pay attention to your end users' technical ability to determine how important UX is in your purchase.

Breadth of Features Users prefer feature rich software that enables them to perform diverse series of tasks. This data expresses user satisfaction with the product's breadth of features.

Ease of Customization Don't get bogged down in a difficult customization; use this data to make sure you can easily achieve the functionality you need for your particular situation.

Availability and Quality of Training Effective and readily available training enables users to get the most out of the software you've chosen. Use this section to make sure your vendor's training programs and materials measure up.

Vendor Support The importance of vendor support will vary for each organization depending on internal capabilities, but there will always be issues that only the vendor can resolve.

Ease of Implementation Successfully implementing new software is necessary to realize its full value and promote end user adoption. This data indicates whether or not the product is easy to implement.

Oracle Compliance, Risk, and Finance Reviews

Himanshi C.

It's easy to implement

Likeliness to Recommend

Pros

Prashant S.

Fantastic product

Likeliness to Recommend

Pros

Jose A.

Very useful software

Likeliness to Recommend

Pros

Feature Ratings

Accounting and Financial Management

Invoice Management

Audit Management

Analytics and Reporting

Cash Flow Management

Billing and Invoice Management

Performance Management

Workflow Management

Document Management

Compliance Management

Risk and Fraud Assessment

Vendor Capability Ratings

Ease of IT Administration

Product Strategy and Rate of Improvement

Business Value Created

Quality of Features

Ease of Data Integration

Usability and Intuitiveness

Breadth of Features

Ease of Customization

Availability and Quality of Training

Vendor Support

Ease of Implementation