TrustRadius

Oracle FLEXCUBE vs. SAP for Banking

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Oracle FLEXCUBE
Score 8.3 out of 10
N/A
Oracle's FLEXCUBE is a system for banks featuring customer self-service portals, revenue maximization features and some inbuilt marketing features.N/A
SAP for Banking
Score 8.3 out of 10
N/A
SAP offers banking software, with a wide range of features for customers of retail and commercial banks, featuring mobile and online self-service support, and on the institution side revenue, performance and risk management, along with payment processing and loan management.N/A
Pricing
Oracle FLEXCUBESAP for Banking
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
Oracle FLEXCUBESAP for Banking
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details——
More Pricing Information
Community Pulse
Oracle FLEXCUBESAP for Banking
Considered Both Products
Oracle FLEXCUBE
SHEHROZ AKRAM | TrustRadius Reviewer
SHEHROZ AKRAM
HR Applications Specialist - Oracle HRMS & OD (Human Resource) at Meezan Bank Ltd.
Chose Oracle FLEXCUBE
One of the main reasons to choose the software is to maintain the pre-existing relationship, product functionality, performance, and strong services.
Verified User
Anonymous
Chose Oracle FLEXCUBE
Oracle WebLogic Application Server, Oracle Database and Oracle Analytics Server (formerly Oracle BI Foundation Suite)
Verified User
Anonymous
Chose Oracle FLEXCUBE
Multiple module availability which is fitted to the bank requirement and this has been used by about 40% of the banks in Cambodia.
Verified User
Anonymous
Chose Oracle FLEXCUBE
Cannot compare, but PeopleSoft seems to be more easily customized without specialized external vendors. PeopleSoft has more Oracle partners.
SAP for Banking
Verified User
Anonymous
Chose SAP for Banking
I ll recommend SAP for Banking or other accordingly to the size of the company, if you are part of a global company and you need to have access to the big picture & All your assets then this is the right tool, if you have a small company or Fintech then you can work on an open …
Verified User
Anonymous
Chose SAP for Banking
Direct banking-related software is not used but within [the] company, SAP is being used to interface with the Banking system.
Verified User
Anonymous
Chose SAP for Banking
While Oracle is easy to use and UI is much friendly but not as robust as SAP and we saw some pitfalls in data integration and bit difficult to plug in external data analytic tools, but SAP banking provides easy way to integrate with multiple data analytic tools which is easy …
Verified User
Anonymous
Chose SAP for Banking
SAP is a more connected and integrated product with a well-defined innovation roadmap. It is garnering more advantages compared to the other products, highly around its HANA architecture, universal journal, ECO-system connectivity, BTP platform for easy integration, in-built AI …
User Ratings
Oracle FLEXCUBESAP for Banking
Likelihood to Recommend
8.8
(0 ratings)
6.9
(0 ratings)
Support Rating
2.5
(0 ratings)
-
(0 ratings)
User Testimonials
Oracle FLEXCUBESAP for Banking
Likelihood to Recommend
Oracle FLEXCUBE is fantastic in almost all areas of banking from retail banking to corporate banking to Islamic banking. The technology stack it runs on is also brilliant however it will be of great help if the installation process is simplified to reduce the time to market during implementation. Also with regards to integrations, there should be more materials readily available for the non-standard integrations like the process of clearing files from ATM/POS
Verified User
Anonymous
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SAP [needs] a UI upgrade soon - it is getting difficult to operate, especially when huge transactions are involved. SAP's mobile application however gives easy access to data and we can address and search it when needed. This also helps to provide appropriate information to customers and I can update the transaction details on the go.
Ayush Seth | TrustRadius Reviewer
Ayush Seth
Deputy Manager
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Pros
  • Retail banking.
  • API integration.
  • Customization flexibility.
  • User experience.
Muhammad Adil Mujeeb | TrustRadius Reviewer
Muhammad Adil Mujeeb
Senior System Analyst
Read full review
  • Multi Deposit Management
  • Credit & Loan Management
  • Access Live Data
Verified User
Anonymous
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Cons
  • It is utterly non-intuitive and not user-friendly for the front-end user. This applies to v.11.
  • Customization, though reliable, is costly.
  • Millennials have a hard time to adapt to it given that they are used to the intuitive app world.
Verified User
Anonymous
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  • The think and thin ledger handling
  • Regulatory compliance need
Verified User
Anonymous
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Support Rating
Implementation support being done by an Oracle partner with less care than Oracle's resource. Most of the resources from the partner are weak in knowledge and we need a longer time to resolve fixes.
Verified User
Anonymous
Read full review
No answers on this topic
Alternatives Considered
One of the main reasons to choose the software is to maintain the pre-existing relationship, product functionality, performance, and strong services.
SHEHROZ AKRAM | TrustRadius Reviewer
SHEHROZ AKRAM
HR Applications Specialist - Oracle HRMS & OD (Human Resource) at Meezan Bank Ltd.
Read full review
Direct banking-related software is not used but within [the] company, SAP is being used to interface with the Banking system.
Verified User
Anonymous
Read full review
Return on Investment
  • A little bit of high-cost investment in both hardware and license
  • High maintenance cost
  • Even at the high cost it has the capacity and allows the bank to integrate with other systems and enable us to go into the Cambodian market faster.
Verified User
Anonymous
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  • Robust solution, highly integrated, data protection, immense cyber security as positive.
  • Highly complex to implement, the need [for] high knowledgeable consultants are negative impacts.
  • Expensive for SME banks.
  • High implementation costs.
Verified User
Anonymous
Read full review
ScreenShots