M1, from ECI Software Solutions headquartered in Ft. Worth, is an all-in-one manufacturing ERP software solution, built for small and medium-sized discrete manufacturers.
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Oracle Fusion Cloud ERP
Score 6.9 out of 10
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Oracle Cloud Enterprise Resource Planning (ERP) is a core suite of Oracle Cloud software-as-a-service (SaaS) applications. Oracle Expense Management and Oracle Risk Management are part of this solution. Other apps include Financials, Revenue Management, Accounting Hub, PPM, and Procurement. The single cloud platform offers built-in industry standards and modern best practices. ERP software is the backbone of many organizations and Oracle aims to offer a modern, connected…
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Pricing
M1
Oracle Fusion Cloud ERP
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
M1
Oracle Fusion Cloud ERP
Free Trial
No
Yes
Free/Freemium Version
No
No
Premium Consulting/Integration Services
No
Yes
Entry-level Setup Fee
No setup fee
Required
Additional Details
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Pricing per user varies by component within the Oracle ERP Cloud solution.
More Pricing Information
Community Pulse
M1
Oracle Fusion Cloud ERP
Features
M1
Oracle Fusion Cloud ERP
Payroll Management
Comparison of Payroll Management features of Product A and Product B
M1
6.6
8 Ratings
10% below category average
Oracle Fusion Cloud ERP
9.0
17 Ratings
21% above category average
Pay calculation
7.08 Ratings
8.917 Ratings
Benefit plan administration
5.13 Ratings
9.017 Ratings
Direct deposit files
7.75 Ratings
9.014 Ratings
Customization
Comparison of Customization features of Product A and Product B
M1
7.4
18 Ratings
0% below category average
Oracle Fusion Cloud ERP
6.5
176 Ratings
13% below category average
API for custom integration
7.415 Ratings
7.5173 Ratings
Plug-ins
7.511 Ratings
5.5147 Ratings
Security
Comparison of Security features of Product A and Product B
M1
8.4
27 Ratings
1% above category average
Oracle Fusion Cloud ERP
7.3
211 Ratings
13% below category average
Single sign-on capability
8.715 Ratings
9.0191 Ratings
Role-based user permissions
8.127 Ratings
5.5206 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
M1
7.4
28 Ratings
1% above category average
Oracle Fusion Cloud ERP
5.3
215 Ratings
32% below category average
Dashboards
7.626 Ratings
6.5204 Ratings
Standard reports
7.328 Ratings
4.0208 Ratings
Custom reports
7.327 Ratings
5.5204 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
M1
7.7
26 Ratings
0% above category average
Oracle Fusion Cloud ERP
8.5
235 Ratings
10% above category average
Accounts payable
8.025 Ratings
8.0224 Ratings
Accounts receivable
7.826 Ratings
7.0215 Ratings
Global Financial Support
7.79 Ratings
7.5167 Ratings
Primary and Secondary Ledgers
7.816 Ratings
6.5193 Ratings
Journals and Reconciliations
7.221 Ratings
8.0201 Ratings
Configurable Accounting
7.518 Ratings
6.0183 Ratings
Standardized Processes
7.919 Ratings
6.5197 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
M1
8.2
26 Ratings
3% above category average
Oracle Fusion Cloud ERP
7.3
159 Ratings
8% below category average
Inventory tracking
8.426 Ratings
7.0153 Ratings
Automatic reordering
8.415 Ratings
6.5136 Ratings
Location management
7.721 Ratings
7.5138 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
M1
8.0
26 Ratings
3% above category average
Oracle Fusion Cloud ERP
7.3
152 Ratings
7% below category average
Pricing
8.026 Ratings
7.0140 Ratings
Order entry
8.326 Ratings
7.0145 Ratings
Credit card processing
7.710 Ratings
6.0119 Ratings
Cost of goods sold
8.017 Ratings
7.5130 Ratings
Order Orchestration
8.113 Ratings
7.0122 Ratings
Subledger and Financial Process
Comparison of Subledger and Financial Process features of Product A and Product B
M1
7.2
21 Ratings
4% below category average
Oracle Fusion Cloud ERP
7.7
201 Ratings
3% above category average
Billing Management
8.420 Ratings
7.0158 Ratings
Cash and Asset Management
7.917 Ratings
7.0174 Ratings
Travel & Expense Management
5.09 Ratings
7.0143 Ratings
Budgetary Control & Encumbrance Accounting
6.713 Ratings
6.0141 Ratings
Period Close
7.921 Ratings
7.0170 Ratings
Project Execution Management
Comparison of Project Execution Management features of Product A and Product B
M1
6.3
16 Ratings
10% below category average
Oracle Fusion Cloud ERP
7.8
103 Ratings
11% above category average
Project Planning and Scheduling
7.716 Ratings
7.098 Ratings
Task Insight for Project Managers
8.010 Ratings
7.091 Ratings
Project Mobile Functionality
4.67 Ratings
6.093 Ratings
Definable Resource Pools
5.09 Ratings
6.084 Ratings
Grants Management
Comparison of Grants Management features of Product A and Product B
M1
2.7
2 Ratings
92% below category average
Oracle Fusion Cloud ERP
8.0
105 Ratings
9% above category average
Award Lifecycle Management
2.72 Ratings
6.090 Ratings
Procurement
Comparison of Procurement features of Product A and Product B
M1
7.2
18 Ratings
3% above category average
Oracle Fusion Cloud ERP
7.8
141 Ratings
11% above category average
Bids Analyzed and Compared
6.57 Ratings
6.098 Ratings
Contract Authoring
7.84 Ratings
6.0100 Ratings
Contract Repository
6.76 Ratings
6.594 Ratings
Requisitions-to-Purchase Orders Integrated
7.810 Ratings
8.0114 Ratings
Supplier Management
7.418 Ratings
8.5118 Ratings
Risk Management
Comparison of Risk Management features of Product A and Product B
M1
5.7
4 Ratings
14% below category average
Oracle Fusion Cloud ERP
6.8
78 Ratings
4% above category average
Risk Repository
6.82 Ratings
6.073 Ratings
Control Management
6.54 Ratings
7.073 Ratings
Control Efficiency Assessments
5.34 Ratings
7.066 Ratings
Issue Detection
4.83 Ratings
5.066 Ratings
Remediation and Certification
5.33 Ratings
5.066 Ratings
Logistics
Comparison of Logistics features of Product A and Product B
M1
4.3
10 Ratings
45% below category average
Oracle Fusion Cloud ERP
7.3
80 Ratings
7% above category average
Transportation Planning and Optimization
2.54 Ratings
6.064 Ratings
Transportation Execution Management
2.84 Ratings
7.061 Ratings
Trade and Customs Management
5.23 Ratings
6.058 Ratings
Fulfillment Management
5.38 Ratings
7.063 Ratings
Warehouse Workforce Management
5.78 Ratings
7.060 Ratings
Manufacturing
Comparison of Manufacturing features of Product A and Product B
M1
7.1
27 Ratings
4% below category average
Oracle Fusion Cloud ERP
7.1
73 Ratings
4% below category average
Production Process Design
6.019 Ratings
7.066 Ratings
Production Management
7.322 Ratings
6.068 Ratings
Configuration Management
7.019 Ratings
6.566 Ratings
Work Execution
7.720 Ratings
6.064 Ratings
Manufacturing Costs
7.726 Ratings
7.064 Ratings
Supply Chain
Comparison of Supply Chain features of Product A and Product B
M1
7.5
20 Ratings
4% above category average
Oracle Fusion Cloud ERP
7.7
94 Ratings
7% above category average
Forecasting
7.014 Ratings
8.091 Ratings
Inventory Planning
7.620 Ratings
7.593 Ratings
Performance Monitoring
8.115 Ratings
7.085 Ratings
Product Lifecycle Management
Comparison of Product Lifecycle Management features of Product A and Product B
M1
6.2
9 Ratings
15% below category average
Oracle Fusion Cloud ERP
7.1
74 Ratings
2% below category average
Proposal Management
5.16 Ratings
6.064 Ratings
Product Master Data Management
7.39 Ratings
5.567 Ratings
Project Financial Management
Comparison of Project Financial Management features of Product A and Product B
The M1 ERP is tailored for small to medium organizations, offering good features at least in the components utilized by my organization such as customizable workflows, user-friendly dashboards, ability to process orders, and track the entire orders lifecycle. It also has good customer interaction features in the CRM part. It provides robust data security, and offers scalable modules to grow with your business. Implementation is not challenging if you don't have so many customizations in the software.
Oracle Fusion Cloud is best suited if a customer moves from Oracle eBusiness Suite (on-prem) to a SaaS offering. The transition is comparatively manageable to implement. However, the customer must understand that we cannot have too many customizations in the SaaS model, so many heavily customized on-prem applications would need to be incorporated in the Cloud by using Cloud tools like Oracle Integration Cloud, Oracle Cloud Infrastructure Autonomous Database, Oracle APEX provisioned on OCI, etc.
Some of the functions are pretty detailed - and so they take a while to generate screens and pages in reports.
We actually use it for 2 companies we own - and it would be nice if the inter company communication was a little smoother. It's hard to share some data, and not everything is possible to be shared.
Customized reports need to backed up before any updates to M1 or they're lost. It seems M1 overwrites the report folders everytime you run an update - so you have to keep track of what you've changed in Crystal Reports and restore it.
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.
Because it would be helpful if ECI would provide better documentation, communication and workflows to understand how each field interacts within the system and how each of those touch other areas within M1. It would also be useful if ECI would provide prescheduled training for how to customize things with M1 through Design Studio
I like the program, but it is only as good as the initial implementation and the user support required after go-live. I don't think pre-implementation training needs to be too much of a focus, but once you're live, there needs to be an intense focus on working with users and providing high-quality resources to help.
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.
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.
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.
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.
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.
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.
M1 is light years ahead in overall cost and proficiency. It allows so much more control and flexibility as compared to its competitors. When choosing M1 we went through many demos and M1 was the only ERP that met our needs and still does. We also control our own data which is a big plus for us.
Oracle Cloud ERP is more flexible, more negotiable and has better breadth and support worldwide. Their reports are better and speed of implementation is faster. It stacks better since the company is larger, more stable, and has more research and development. There are more references to check with peers too.
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