Oracle EBS Financials vs LessAccounting 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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78% 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

LessAccounting

Accounting Software

4.4 54 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	LessAccounting is a futuristic bookkeeping software with a simple interface. It helps businesses get paid faster, besides making their accounting tasks easier. With LessAccounting’s templates, one can edit and create custom business proposals. And, then can turn proposals into invoices that are ready to be sent out to the clients. Furthermore, the software also allows users to send unlimited invoices to any contacts of their choice and carry on with the monitoring part accordingly. LessAccounting helps accounting teams to set up recurring invoices and payment reminders to track expenses/receipts per month or whenever they are needed. Furthermore, with LessAccounting’s dedicated, certified bookkeepers, accounting teams can take care of their books and manage accounts. Also, users can create their balance sheets in just two clicks. Plus, they can share any report or the entire account for that matter. Over a thousand companies and business owners put their faith in LessAccounting. Read more
Pricing Options	Free Trial Not Available Offers Custom plan.	Free Trial Available Starts at $199.00. Offers Custom 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%	78% 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 74% Reviews 77% Momentum 62% Popularity 75%
SaaSworthy Awards	# 19 Highly Rated	Not Available

Features

Total Features	12 Features	5 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 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 + 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 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 + 2 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 Installed - Windows	SaaS/Web/Cloud Installed - Windows
Modes of Support	Business Hours Online	Business Hours Online
API Support	NA	Available

Reviews & Ratings

User Rating	3.9/5 2,701 user ratings	4.4/5 54 user ratings
Rating Distribution	Excellent 17% Very Good 57.1% Average 21.5% Poor 3.1% Terrible 1.3%	Excellent 42.6% Very Good 53.7% Average 0% Poor 3.7% Terrible 0%
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 Available Starts at $199.00. Offers Custom plan.
Pricing Plans Monthly Plans Annual Plans	Oracle Financial Management Custom	Simple Bookkeeping $199.00 $199.00 per month Growth Bookkeeping $299.00 $299.00 per month Business Bookkeeping $399.00 $399.00 per month Tailored Bookeeping Custom
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Alternatives

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	View All Oracle EBS Financials Alternatives	View All LessAccounting Alternatives