--- description: Review of Oracle FLEXCUBE Software: system overview, features, price and cost information. Get free demos and compare to similar programs on Software Advice Ireland. image: https://gdm-localsites-assets-gfprod.imgix.net/images/software_advice/og_logo-55146305bbe7b450bea05c18e9be9c9a.png title: Oracle FLEXCUBE | Reviews, Pricing & Demos - SoftwareAdvice IE --- Breadcrumb: [Home](/) > [Banking Software](/directory/4216/banking-systems/software) > [Oracle FLEXCUBE](/software/338353/oracle-flexcube) # Oracle FLEXCUBE Canonical: https://www.softwareadvice.ie/software/338353/oracle-flexcube > Oracle FLEXCUBE is a banking management and loan servicing solution that helps businesses design, launch, and manage financial products based on multiple parameters, such as languages, currencies, entities, countries, markets, customers, and more on a centralized platform. Fund companies and distribution houses can create and manage products across multiple fund types, investor accounts, fee types, and transaction types. Oracle FLEXCUBE allows staff members to utilize the microfinance module to manage loan disbursement, track nonperforming assets, monitor repayments, handle customer collaterals, access credit histories, and manage accounting in compliance with global regulatory guidelines, such as FATCA, CRS, and more. It lets users manage lending, deposits, Islamic banking, and other banking microverticals. Additionally, with the use of machine learning algorithms, team members can generate product recommendations and gain insights into customer segmentation, attrition, and lifetime value. Oracle FLEXCUBE comes with an application programming interface (API), which allows businesses to integrate the platform with several third-party solutions. Pricing is available on request and support is extended via documentation, email, phone, and other online measures. > > Verdict: Rated **4.0/5** by 5 users. Top-rated for **Likelihood to recommend**. ----- ## Quick Stats & Ratings | Metric | Rating | Detail | | **Overall** | **4.0/5** | 5 Reviews | | Ease of Use | 3.6/5 | Based on overall reviews | | Customer Support | 4.3/5 | Based on overall reviews | | Value for Money | 4.0/5 | Based on overall reviews | | Features | 4.4/5 | Based on overall reviews | | Recommendation percentage | 80% | (8/10 Likelihood to recommend) | ## About the vendor - **Company**: Oracle - **Location**: Chicago, US - **Founded**: 1977 ## Commercial Context - **Pricing Details**: Please get in touch with Oracle for pricing details. - **Target Audience**: 201–500, 501–1,000, 1,001–5,000, 5,001–10,000, 10,000+ - **Deployment & Platforms**: Cloud, SaaS, Web-based - **Supported Languages**: English - **Available Countries**: United States ## Features - ACH Payment Processing - API - Accounting - Authentication - Automatic Funds Distribution - Borrower Management - Compliance Management - Compliance Tracking - Contact Database - Core Banking - Document Management - Electronic Payments - Investor Management - Loan Processing - Multi-Currency - Payment Collection - Reporting & Statistics - Reporting/Analytics - Risk Analysis - Risk Assessment ## Support Options - Email/Help Desk - Knowledge Base ## Category - [Banking Software](https://www.softwareadvice.ie/directory/4216/banking-systems/software) ## Related Categories - [Banking Software](https://www.softwareadvice.ie/directory/4216/banking-systems/software) - [Loan Origination Software](https://www.softwareadvice.ie/directory/4557/loan-origination/software) - [Financial Services Software](https://www.softwareadvice.ie/directory/4356/financial-services/software) - [Loan Servicing Software](https://www.softwareadvice.ie/directory/4505/loan-servicing/software) ## Alternatives 1. [Plaid](https://www.softwareadvice.ie/software/179020/plaid-for-lending) — 4.4/5 (95 reviews) 2. [Financial Services Cloud](https://www.softwareadvice.ie/software/331364/salesforce-fin-serv-cloud) — 4.8/5 (5 reviews) 3. [Powens](https://www.softwareadvice.ie/software/347231/Powens) — 3.8/5 (4 reviews) 4. [LoanPro](https://www.softwareadvice.ie/software/37675/loanpro) — 4.8/5 (74 reviews) 5. [timveroOS](https://www.softwareadvice.ie/software/400070/timvero-core) — 5.0/5 (6 reviews) ## Reviews ### "End to end transaction processing system" — 5.0/5 > **Ruby** | *2 February 2023* | Information Technology & Services | Recommendation rating: 10.0/10 > > **Pros**: Oracle Flexcube is one of the best applications that you can use for your investor and client financial services. The tool is very robust and can store huge number of data. It can be used for investor maintenance, transaction processing, payment processing, etc. The set up of funds is very systematic and rationalises a lot of subordinate functions. > > **Cons**: Amongst all the great features, Flexcube somewhere lacks in performance fee calculation and that's where organisations providing financial services for their client who are into alternate funds business might not consider Oracle Flexcube. > > My overall experience has been exceptionally well. The patch files are very straightforward and easy to implement for bulk uploads. The SQL queries are pretty simple to search and locate data and almost works real time with the front end system. ----- ### "Review - Oracle FLEXCUBE" — 4.0/5 > **Muzammal** | *10 August 2022* | Banking | Recommendation rating: 8.0/10 > > **Pros**: There are five major modules which a banking software must cover. These are customer funds deposit/ withdrawal module, loan \& accounting module, general ledger module, customer information module and the reporting modules. The Flexcube cover all of these modules impressively. It provide great support to the front end team with its dynamic features. > > **Cons**: One issue with the Flexcube which we are using is that it is web based system immensely depends upon the browser and internet speed. In case there is problem with the internet service provider or system browser, it effects the functionality of the software i.e slow processing of transactions. Another issue is with the menus which are quite confusing. Its been difficult to user menus to find the desired option so mostly we need to memorize related keys for the transactions to open/ execute to process the transaction. > > Its been proven to be a good banking software despite of some draw backs. It covers the core banking functions impressively. ----- ### "Review for Oracle FLEXCUBE" — 3.0/5 > **Hassan** | *24 July 2022* | Banking | Recommendation rating: 5.0/10 > > **Pros**: Its good for banking system especially for online banking and other allied services. Further its security is quite solid. > > **Cons**: It has bad menus, very difficult to find things from the menus if you don't know the function keys. Its reporting is quite bad, you need another reporting system to check any information. > > As for banking sector, its not so good in term of interactive user interface. Its quite difficult to use and its menu/ options are not so good. Most often, the users need to memorize function keys to execute transactions. ----- ### "A complete transaction processing tool for fund management" — 4.0/5 > **Sudhir** | *14 January 2023* | Financial Services | Recommendation rating: 10.0/10 > > **Pros**: Oracle Flexcube is a comprehensive tool for all your fund management requirement. some of the key features that I like is the transaction capture, payment processing, static data maintenance. > > **Cons**: Oracle Flexcube doesn't have it's own reporting capability and is integrated with tools like SAP Business Objects to run the reporting. Also, some of it versions doesn't have the capacity to calculate performance fees and hence can't be used for alternate funds. > > I have used this tool for close to 8 years and the application has outperformed the expectations most of the time. The system is well integrated and also enables four eye validation and re-key like features. ----- ### "Strong core banking application - the king in the industry" — 4.0/5 > **Sameer** | *21 December 2022* | Financial Services | Recommendation rating: 7.0/10 > > **Pros**: Extremely feature rich and has the good user interface. > > **Cons**: Too cluttered with data fields. Some changes of collapsible interface could help reduce the clutter. ## Links - [View on SoftwareAdvice](https://www.softwareadvice.ie/software/338353/oracle-flexcube) ## This page is available in the following languages | Locale | URL | | en | | | en-AU | | | en-GB | | | en-IE | | | en-NZ | | ----- ## Structured Data