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Oracle Accounting Hub Reviews (2024): Pricing, Pros & Cons

One of the most comprehensive finance and accounting solution, Oracle Accounting Hub can be a very handy software for your business.

0%
Ease of Use
92%
Features
94%
Value For Money
92%
Customer Support
92%

What is Oracle Accounting Hub?

Oracle is a leading provider of corporate software, ERP solution and provides Oracle Accounting Hub, a cutting-edge financial management solution. 

Businesses may successfully manage and streamline their financial accounting procedures with the use of the Accounting Hub Cloud.

It provides a centralized platform that interfaces with numerous financial systems and apps, giving the entire organization a comprehensive view of financial data.

Oracle Accounting Hub Company Details

Oracle Corporation is a worldwide information technology development company; primarily focused on cloud computing and application development for businesses. It has developed into one of the biggest and easiest-to-recognize technology enterprises since it began in 1977. Oracle provides various goods and services, including business applications, cloud computing infrastructure, database management systems etc.

Company Name: Oracle Corporation

CEO Name: Safra Catz

Year Founded: 1977

Employees: 10001+

HQ Location: Texas, United States

Oracle Accounting Hub Screenshots and Media

Pros and Cons of Oracle Accounting Hub

Pros of Oracle Accounting Hub

  • Capable of strong integration for smooth data handling.
  • Accounting procedures should be standardized for uniformity.
  • Analytics and real-time financial data for wise decision-making.
  • Support for several accounting standards with multi-GAAP.
  • effective control of business transactions between entities.

Cons of Oracle Accounting Hub

  • Intricate implementation procedure.
  • Costs for small to medium-sized firms might be rather costly.
  • Users face a steep learning curve.
  • Integration is dependent on the Oracle ecosystem.
  • limited application integration with external parties.

Oracle Accounting Hub Features

Integration

To provide a single view of financial data, the solution supports seamless integration with a variety of source systems, including ERPs, financial applications, and third-party systems. The accuracy and compliance of financial reporting are improved by this connection.

Standardisation

Uniform accounting treatment is ensured across all business divisions and subsidiaries thanks to Oracle Accounting Hub Cloud's standardised accounting rules and principles.

Financial Reporting

The platform has strong financial reporting features, such as real-time dashboards, adaptable reports, and analytics, which give insightful information for well-informed choices.

Multi-GAAP Support

To accommodate international financial operations, the system supports a variety of accounting standards, including Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS).

Intercompany Transactions

The Oracle Accounting Hub Cloud makes it simple to track and reconcile intercompany transactions, assisting organisations in managing intricate financial ties.

Compliance & Controls

The platform has robust financial controls and compliance capabilities that guarantee compliance with legal obligations and reduce the risk of financial mistakes.

Data Security

Oracle Accounting Hub Cloud provides strong data security measures, protecting private data and protecting sensitive financial information.

Oracle Accounting Hub Pricing

Pricing for Oracle Accounting Hub Cloud is normally not made public and might change depending on the particular needs and requirements of each organisation. Oracle bases its cloud service pricing on subscriptions, so users pay a regular price based on the features and resources they select.

Oracle Accounting Hub Cloud’s price will vary based on things like:

Number of Users: The number of users who will access the system and use its features may have an impact on the cost.

Features and Modules: Oracle Accounting Hub Cloud offers a variety of modules and features, and the cost may change depending on the particular modules and features a company needs.

Resource Allocation: Additional factors, such as the organisation’s assigned computer and storage resources, may affect price.

Contract Length: Depending on how long the subscription contract is, the pricing structure may change, with longer contracts frequently providing financial advantages.

Businesses interested in Oracle are recommended to speak with a sales person directly or visit the official Oracle website for further information on price as it is negotiable and suited to the particular requirements of each organisation.

Oracle Accounting Hub Price Comparison

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What Kind of Support Does Oracle Accounting Hub Offer?

Oracle Accounting Hub comes with dedicated help and support section. You may contact the support team using the support phone number of through live chat.
Email Support
Live Chat
Tutorial Videos & Documentation
Phone Support

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Frequently Asked Questions About Oracle Accounting Hub (FAQs)

Oracle Accounting Hub is a comprehensive finance and accounting solution for businesses.
Oracle Accounting Hub offers many handy features such as data integration, accounting, financial reports, compliance management and more.
Yes, Oracle Accounting Hub is a suitable software for businesses of all sizes be it a small business or enterprise.
Yes, Oracle Accounting Hub often includes features to help organizations ensure compliance with accounting standards and regulations through automated validations and controls.

System Requirements and Supported Platforms

Review Method

At Begindot, we go through each product in detail so that we can prove the most authentic information to our audience. We try the products, go through documentation, do research in user sentiments before adding our final recommendation. 

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