Centage vs. Oracle Fusion Cloud ERP

Centage is suited for all types of business. This is what makes this tool so great. It requires some expertise in setting it up and depending on how complex the business is, it may take longer than expected. It's a complex system and if you are not involved in the implementtion it might be hard to learn what is does.

Incentivized

We are a publicly-traded healthcare company with over 50000 full-time and part-time employees. We also currently have about 15000 contingent workers in our workforce. Oracle Cloud ERP is very well suited for an enterprise our size. Our financial department relies heavily on Oracle cloud ERP for daily business functions like procurement, supply chain, accounts reconciliation, ledgers, payables, receivables, and supply chain logistics. The executive team uses this system for project management and our risk assessment and management department for Compliance, risk management portfolio.

Incentivized

• Planning personnel with all the related benefit expenses is very accurate and we are able to forecast increases as well.
• Storing separate versions of the budget allows us to finalize for the year and have access to the data while we update the default plan with any changes.
• I ilke the way you can add intelligence see the detail of calculations below th eline item.
• I like writing Planning Maestro reports to see drill downs of any item and tie them to our ERP Budget

Incentivized

• I no longer need VPN to login into the ERP cloud system.
• I no longer need Java app required for form based application.
• Data uploading feature using excel was highly required as it makes user life easy.
• The application is self explanatory and easy to use.

Incentivized

• Head count is a bit strange as each period is considered one Headcount for a total of 12 per year, so we have to adjust when running reports
• would love to be able to attach related expenses in payroll to a kind of employee instead of doing each individually. It's time consuming.
• Have the help more available instead of having to log into separate place

Incentivized

• Wide localization process.
• Automated (without a human) business operations, better rpa solutions, scanning, mobile app, etc
• Central systems for the company re using more than one erp systems.
• Better reporting tools
• Developer source also not such enough maybe to support them in each (in their market) countries.
• Price policy also

Incentivized

Oracle ERP cloud is a significant investment for our company. It will be an ongoing software cost and there's no looking back on that. Our users have become very accustomed to this tool that it is not practically feasible to rip them off from this system. So yes we will continue to renew the subscription going forward.

Incentivized

I've lived through the changes over the years, and I have found that most financially-minded professionals should have no problems using this system.

Because as I said before, there are some good and some bad things. But good things seem to be more than the bad, and the bad things I personally think are going to be solved quickly, maybe with some patches over time.

Incentivized

The application is used by big banks like HSBC is a testament to its reliability. I did not hear or experience any outages.Oracle is in the hosting business since long. In its previous avatar, it used to be called as Oracle on demand. So oracle has enough experience and expertise in hosting and managing customers applications in their datacenters. Oracle is the only major company which has platform as a service, database as a service and software as a service product offerings on the cloud.Hence customers can rely on Oracle as many major fortune 500 companies do.

Incentivized

Cloud performance is something that they need to improve. Also it is not consistent. Sometimes for some users it is slow while for others it is fast. This is frustrating for users especially when they are in the middle of what they are doing. We communicated this to Oracle and they suggested to submit request for environment re-sizing. But again this we think should be a proactive effort from Oracle rather than relying on customers to reach out. This is something Oracle definitely needs to work on.

Incentivized

The team makes sure that you get what you need out of the software. They will do whatever is in their power to make sure you're happy and are getting back your investment (time and money).

Support is always providing step by step details to resolve any issue we encounter. If the issue is currently not a functionality or feature of the application they are supportive in offering guidance on submitting an enhancement request. Currently there is an enhancement that will be rolled out by Oracle that was designed for our organization.

Incentivized

The inperson trainings from Oracle University are effective. The trainers have vast experience and teached thousands of students. In person training will make people sit in a class and do the exercises. One can also learn from other students, who come with different background, industry etc. In person training will be an immersive experience and helps learn more in a short period of time.

Incentivized

We bought online training subscription from Oracle University. The subscription allowed our team to learn the nuts and bolts of the application.The subscription model helps access to all the modules as opposed to buying training for one module. We also leveraged guided learning subscription from Oracle. Guided learning is a state of the art learning application from Oracle. It resides within the application and guides the users on each and every step. This is learning by doing and is very effective. Once you buy guided learning, oracle keeps updating it with the release of new functionality in the quarterly upgrades.

Incentivized

Try to use the system as true to generic form as possible and cut over quickly. Parallel implementation is not recommended. If the numbers are accurate and materially similar to prior period - cut over. A small accounting adjustment is much better than millions in project overruns or dual system maintenance.

Incentivized

I used to use an older consolidating product call FRX or something like that, very manual where accounts were adding line the reporting lines one by one.... Centage is far superior, the ability to create custom Dimension hierarchies as improved our reporting 100 fold

Incentivized

Oracle ERP Cloud is very powerful in giving us reliable financial management analysis that helps us run our business and makes sure our business is growing and developing each and [every] day. The support team from this tool is very useful, reliable[,] and supportive 24/7.

Incentivized

Orcle ERP Cloud transformed and stabilized in this past 2 years since it was implemented. We have past the auditor reviews and 24 month end closes and 8 quarter closes and 2 FY closes. Above all we do have SEC reporting with all this data. Having said that our ERP subscription is a worthy investment and highly reliable source of information for our organization's needs

Incentivized

• We were a very small company growing by acquisition so it worked well during these phases of our company growth.
• The return for our cost was tremendous especially in comparison to peers in the market.
• Analytics Maestro allowed us to grow without adding headcount by building efficient reports that can easily be mass-produced for all branches within our organization.

Incentivized

• A tool that has made us able to get much ROI by the bank account integration, management of cash, and controlling business unit.
• Project management is made easy with its module and tracking with the exact time and issuance makes it more convenient and compatible for the return.
• Automation in pay and expenses improve the company’s visibility in the market.

Incentivized