Oracle EBS Financials vs Akaunting Comparison

82% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more

Oracle EBS Financials

Accounting Software

3.9 2,701 user ratings

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82% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more

Akaunting

Accounting Software

2.2 10 user ratings

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Overview

Description	Oracle E-Business Suite Financials aims at increasing efficiency of your business and reducing the back-office costs. The centralized architecture for accounting, taxes, payments, and banks allows the business to increase ‘Shared Services Efficiency’. The E-Business suite also helps in saving crucial time during decision making by providing seamless integration with business intelligence and offering market-leading planning and consolidation solutions. The software also ensures to manage enterprise risk and reduce compliance costs with end-to-end processes for governance, risk, and compliance. Read more	Akaunting, as an advanced online accounting software, assists businesses in various processes starting from invoicing to money flow monitoring. The software allows users to track their financials online as per convenience. They get to run businesses from anywhere and access information about their cash position in real-time. Akaunting also promises accurate data privacy, eliminating unauthorised third parties. Users can even categorise their income and expenses easily and monitor the flow at a glance. A dedicated client portal within the particular helps users share invoices and transactions with their clients besides accepting bulk payments. Accountants in charge can maintain the authenticity levels of generated bills/invoices by storing them within Akaunting. They can even enable, delete or disable records in batch mode. Admins get to utilise the software in 49 different languages. They can also enable permissions and simplify management tasks. Read more
Pricing Options	Free Trial Not Available Offers Custom plan.	Free Trial Not Available Offers Free-forever plan.
SW Score & Breakdown	82% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more Features The Feature Score % is calculated using the weighted average method, where core features hold more weight in the final calculation. Read more 90% Reviews 83% Momentum 60% Popularity 62%	82% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more Features The Feature Score % is calculated using the weighted average method, where core features hold more weight in the final calculation. Read more 83% Reviews 65% Momentum 62% Popularity 83%
SaaSworthy Awards	# 19 Highly Rated	Not Available

Features

Total Features	12 Features	9 Features
Common Features for All	Accounts Payable Handling the money owed by a business to its suppliers. Accounts Receivable Handling the money the client owes to the company. Bank Reconciliation Matching the balances of an entity's accounting records with the corresponding information on a bank statement. Billing and Invoicing This feature helps in issuing and handling the invoice and bills. Cash Management Collection and management of cash. Collections Recovery of cash from a business or individual. Expense Tracking Keep a count of your day to day expenses as well as allows you to quickly identify where the expense report is in the approval process. Fixed Asset Management Helps in tracking fixed assets for the purposes of financial accounting, preventive maintenance, and theft deterrence. General Ledger Maintaining and recording all the accounting related transactions. Multi-Currency Enables payment and collection in multiple currencies. Payroll Handling the salary payable to the employees Project Accounting Creation of financial reports specifically designed to track the financial progress of projects Purchasing Acquiring goods or services required for the business at minimal cost Revenue Recognition Determining the specific conditions under which revenue is recognized or accounted for Tax Management Management of finances for payment of tax as well as assessing the advance tax liability to pay your tax in time + 9 More - Show Less	Accounts Payable Handling the money owed by a business to its suppliers. Accounts Receivable Handling the money the client owes to the company. Bank Reconciliation Matching the balances of an entity's accounting records with the corresponding information on a bank statement. Billing and Invoicing This feature helps in issuing and handling the invoice and bills. Cash Management Collection and management of cash. Collections Recovery of cash from a business or individual. Expense Tracking Keep a count of your day to day expenses as well as allows you to quickly identify where the expense report is in the approval process. Fixed Asset Management Helps in tracking fixed assets for the purposes of financial accounting, preventive maintenance, and theft deterrence. General Ledger Maintaining and recording all the accounting related transactions. Multi-Currency Enables payment and collection in multiple currencies. Payroll Handling the salary payable to the employees Project Accounting Creation of financial reports specifically designed to track the financial progress of projects Purchasing Acquiring goods or services required for the business at minimal cost Revenue Recognition Determining the specific conditions under which revenue is recognized or accounted for Tax Management Management of finances for payment of tax as well as assessing the advance tax liability to pay your tax in time + 6 More - Show Less

Technical Details

Organization Types Supported	Large Enterprises Medium Business Small Business	Large Enterprises Medium Business Small Business
Platforms Supported	SaaS/Web/Cloud Mobile - Android Mobile - iOS Installed - Windows Installed - Mac	SaaS/Web/Cloud Mobile - Android Mobile - iOS Installed - Windows Installed - Mac
Modes of Support	Business Hours Online	Business Hours Online
API Support	NA	Available

Reviews & Ratings

User Rating	3.9/5 2,701 user ratings	2.2/5 10 user ratings
Rating Distribution	Excellent 17% Very Good 57.1% Average 21.5% Poor 3.1% Terrible 1.3%	Excellent 30% Very Good 0% Average 0% Poor 0% Terrible 70%
User Sentiments	Robust Financial Modules, Comprehensive Financial Reporting, Easy to Use Interface, Extensive Integrations Outdated User Interface, Slow Performance, Complex Implementation, Costly Licensing	Not Available
Review Summary	Oracle EBS Financials is a robust enterprise resource planning (ERP) solution that users praise for its comprehensive functionality, strong integration capabilities, and ability to handle large amounts of data. While users like its ease of use and strong reporting features, they often point to concerns about the outdated user interface, slow performance, and sometimes unreliable technical support. Additionally, the cost of Oracle EBS Financials can be a barrier for some companies.	Not Available
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Pricing

Pricing Options	Free Trial Not Available Offers Custom plan.	Free Trial Not Available Offers Free-forever plan.
Pricing Plans Monthly Plans Annual Plans	Oracle Financial Management Custom	Akaunting Free
	View Detailed Pricing	View Detailed Pricing

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