Oracle Revenue Management Archived Reviews (More than two years old)

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Vendor
Principal Consultant & President at EBILLSOFT LLC
Nov 22 2016

What is most valuable?

The most valuable feature is probably the flexibility that allows you to configure different pricing models and define different discounting structures; anything that you can think of today. For example, if you walk into a cellphone store and you want to buy a plan, they throw at you all different plans, different tiers, different data packages for unlimited this and cap data that; the platform is… more »

What needs improvement?

As I’ve mentioned, it's been around quite a long time. It doesn't have all the cool integration mechanisms that today’s native mobile apps or native Rails apps would have. That's exactly where it should be better. The GUI right now, the standard GUI application, is very outdated. I think Oracle is moving in the right direction to update those interfaces, but we still want to see a lot more… more »

What other advice do I have?

It's a very capable billing and rating platform that you can use for subscription billing and transaction billing. If someone asked me for my opinion on this product, I would say, yes, you still can put your business on this platform. It's a very powerful, capable, proven platform. However, if you are looking to minimize your upfront investment, then look into a cloud solution. We are one of the… more »

What is Oracle Revenue Management?

Oracle Revenue Management Cloud is a centralized, automated revenue management product that enables you to address ASC 606 and IFRS 15 accounting standard for Revenue from Contracts with Customers. The product provides a configurable framework to automate the identification an creation of customer contracts and performance obligations, their valuations and resulting accounting entries, and the ability to recognize the revenue over time or at a point in time.
Oracle Revenue Management customers
State Revenue Office Victoria, Hover Automotive India Pvt. Ltd., Kalpataru Ltd, Accelya Kale Solutions Limited, Sascar, Banca Transilvania, UL, Tu_mobil, Escorts Limited, Tamer Group, Grupo Arcor, Vodafone Group Plc