Icertis vs. Oracle E-Business Suite

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Icertis
Score 8.1 out of 10
Enterprise companies (1,001+ employees)
Icertis supports contract lifecycle management (CLM). The analyst-validated Icertis Contract Intelligence (ICI) platform aims to turn contracts from static documents into strategic advantage by structuring and connecting the critical contract information that defines how an organization runs. Icertis boasts users among iconic brands and disruptive innovators who use Icertis to fully realize the intent of their combined 7.5 million+ contracts worth more than $1 trillion, in 40+ languages and 90+…N/A
Oracle E-Business Suite
Score 8.1 out of 10
N/A
Oracle E-Business Suite is a comprehensive suite of integrated, global business applications. The suite includes cross-industry capabilities spanning ERP, CRM and supply chain planning.N/A
Pricing
IcertisOracle E-Business Suite
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
IcertisOracle E-Business Suite
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
YesNo
Entry-level Setup FeeRequiredNo setup fee
Additional Details
More Pricing Information
Features
IcertisOracle E-Business Suite
Contract Authoring
Comparison of Contract Authoring features of Product A and Product B
Icertis
7.2
11 Ratings
14% below category average
Oracle E-Business Suite
-
Ratings
Contract creation7.811 Ratings00 Ratings
Contract templates7.810 Ratings00 Ratings
Clause library/saved fields8.010 Ratings00 Ratings
Guided logic5.49 Ratings00 Ratings
Contract Collaboration
Comparison of Contract Collaboration features of Product A and Product B
Icertis
6.8
13 Ratings
21% below category average
Oracle E-Business Suite
-
Ratings
Contract sharing6.811 Ratings00 Ratings
Contract editing7.09 Ratings00 Ratings
Collaborating on contracts6.410 Ratings00 Ratings
MS Word plug-in7.49 Ratings00 Ratings
Approval process6.912 Ratings00 Ratings
Interdepartmental workflows6.110 Ratings00 Ratings
Contract Monitoring
Comparison of Contract Monitoring features of Product A and Product B
Icertis
6.7
12 Ratings
24% below category average
Oracle E-Business Suite
-
Ratings
Contract database7.511 Ratings00 Ratings
Contract search6.511 Ratings00 Ratings
Contract milestone reminders & alerts6.210 Ratings00 Ratings
Custom contract reports5.79 Ratings00 Ratings
Tracking contract status6.510 Ratings00 Ratings
Compliance check7.47 Ratings00 Ratings
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Icertis
-
Ratings
Oracle E-Business Suite
8.3
31 Ratings
14% above category average
Pay calculation00 Ratings8.129 Ratings
Benefit plan administration00 Ratings8.024 Ratings
Direct deposit files00 Ratings8.124 Ratings
Customization
Comparison of Customization features of Product A and Product B
Icertis
-
Ratings
Oracle E-Business Suite
8.5
69 Ratings
16% above category average
API for custom integration00 Ratings9.869 Ratings
Plug-ins00 Ratings9.752 Ratings
Security
Comparison of Security features of Product A and Product B
Icertis
-
Ratings
Oracle E-Business Suite
9.9
73 Ratings
20% above category average
Single sign-on capability00 Ratings9.866 Ratings
Role-based user permissions00 Ratings9.972 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Icertis
-
Ratings
Oracle E-Business Suite
9.1
66 Ratings
27% above category average
Dashboards00 Ratings9.143 Ratings
Standard reports00 Ratings8.364 Ratings
Custom reports00 Ratings9.964 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Icertis
-
Ratings
Oracle E-Business Suite
7.9
80 Ratings
4% above category average
Accounts payable00 Ratings9.776 Ratings
Accounts receivable00 Ratings8.974 Ratings
Global Financial Support00 Ratings8.952 Ratings
Primary and Secondary Ledgers00 Ratings9.763 Ratings
Journals and Reconciliations00 Ratings9.764 Ratings
Configurable Accounting00 Ratings9.754 Ratings
Standardized Processes00 Ratings9.757 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Icertis
-
Ratings
Oracle E-Business Suite
8.7
53 Ratings
10% above category average
Inventory tracking00 Ratings9.052 Ratings
Automatic reordering00 Ratings8.837 Ratings
Location management00 Ratings8.941 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Icertis
-
Ratings
Oracle E-Business Suite
8.9
56 Ratings
14% above category average
Pricing00 Ratings8.950 Ratings
Order entry00 Ratings8.852 Ratings
Credit card processing00 Ratings8.041 Ratings
Cost of goods sold00 Ratings9.750 Ratings
Order Orchestration00 Ratings8.937 Ratings
Subledger and Financial Process
Comparison of Subledger and Financial Process features of Product A and Product B
Icertis
-
Ratings
Oracle E-Business Suite
9.2
66 Ratings
22% above category average
Billing Management00 Ratings8.846 Ratings
Cash and Asset Management00 Ratings8.855 Ratings
Travel & Expense Management00 Ratings8.949 Ratings
Budgetary Control & Encumbrance Accounting00 Ratings9.840 Ratings
Period Close00 Ratings9.759 Ratings
Project Financial Management
Comparison of Project Financial Management features of Product A and Product B
Icertis
-
Ratings
Oracle E-Business Suite
7.8
42 Ratings
3% above category average
Budgeting and Forecasting00 Ratings8.033 Ratings
Project Costing00 Ratings8.042 Ratings
Cost Capture00 Ratings8.035 Ratings
Capital Project Management00 Ratings8.133 Ratings
Customer Contract Compliance00 Ratings8.125 Ratings
Project Revenue Recognition00 Ratings8.132 Ratings
Project Execution Management
Comparison of Project Execution Management features of Product A and Product B
Icertis
-
Ratings
Oracle E-Business Suite
7.6
20 Ratings
11% above category average
Project Planning and Scheduling00 Ratings7.818 Ratings
Task Insight for Project Managers00 Ratings7.418 Ratings
Project Mobile Functionality00 Ratings8.016 Ratings
Definable Resource Pools00 Ratings7.915 Ratings
Grants Management
Comparison of Grants Management features of Product A and Product B
Icertis
-
Ratings
Oracle E-Business Suite
8.9
24 Ratings
16% above category average
Award Lifecycle Management00 Ratings9.020 Ratings
Procurement
Comparison of Procurement features of Product A and Product B
Icertis
-
Ratings
Oracle E-Business Suite
8.4
50 Ratings
19% above category average
Bids Analyzed and Compared00 Ratings7.927 Ratings
Contract Authoring00 Ratings8.026 Ratings
Contract Repository00 Ratings7.919 Ratings
Requisitions-to-Purchase Orders Integrated00 Ratings9.736 Ratings
Supplier Management00 Ratings9.732 Ratings
Risk Management
Comparison of Risk Management features of Product A and Product B
Icertis
-
Ratings
Oracle E-Business Suite
7.1
12 Ratings
9% above category average
Risk Repository00 Ratings7.010 Ratings
Control Management00 Ratings8.010 Ratings
Control Efficiency Assessments00 Ratings6.010 Ratings
Issue Detection00 Ratings8.011 Ratings
Remediation and Certification00 Ratings7.112 Ratings
Logistics
Comparison of Logistics features of Product A and Product B
Icertis
-
Ratings
Oracle E-Business Suite
7.5
20 Ratings
9% above category average
Transportation Planning and Optimization00 Ratings8.117 Ratings
Transportation Execution Management00 Ratings8.216 Ratings
Trade and Customs Management00 Ratings7.316 Ratings
Fulfillment Management00 Ratings7.316 Ratings
Warehouse Workforce Management00 Ratings8.216 Ratings
Manufacturing
Comparison of Manufacturing features of Product A and Product B
Icertis
-
Ratings
Oracle E-Business Suite
7.8
26 Ratings
4% above category average
Production Process Design00 Ratings6.721 Ratings
Production Management00 Ratings7.824 Ratings
Configuration Management00 Ratings7.022 Ratings
Work Execution00 Ratings8.023 Ratings
Manufacturing Costs00 Ratings8.724 Ratings
Supply Chain
Comparison of Supply Chain features of Product A and Product B
Icertis
-
Ratings
Oracle E-Business Suite
8.6
33 Ratings
17% above category average
Forecasting00 Ratings8.730 Ratings
Inventory Planning00 Ratings8.833 Ratings
Performance Monitoring00 Ratings7.926 Ratings
Product Lifecycle Management
Comparison of Product Lifecycle Management features of Product A and Product B
Icertis
-
Ratings
Oracle E-Business Suite
8.3
16 Ratings
13% above category average
Proposal Management00 Ratings8.313 Ratings
Product Master Data Management00 Ratings8.312 Ratings
Best Alternatives
IcertisOracle E-Business Suite
Small Businesses
Jotform
Jotform
Score 8.7 out of 10
Acumatica
Acumatica
Score 8.7 out of 10
Medium-sized Companies
Jotform
Jotform
Score 8.7 out of 10
Infor VISUAL
Infor VISUAL
Score 7.4 out of 10
Enterprises
DocuSign CLM
DocuSign CLM
Score 8.3 out of 10
SAP Business ByDesign
SAP Business ByDesign
Score 7.5 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
IcertisOracle E-Business Suite
Likelihood to Recommend
6.4
(13 ratings)
8.9
(93 ratings)
Likelihood to Renew
-
(0 ratings)
8.0
(10 ratings)
Usability
8.2
(2 ratings)
6.2
(4 ratings)
Availability
-
(0 ratings)
3.0
(2 ratings)
Performance
-
(0 ratings)
6.0
(2 ratings)
Support Rating
4.1
(2 ratings)
6.0
(3 ratings)
In-Person Training
-
(0 ratings)
5.0
(1 ratings)
Online Training
-
(0 ratings)
4.0
(2 ratings)
Implementation Rating
-
(0 ratings)
6.7
(4 ratings)
Configurability
-
(0 ratings)
6.0
(1 ratings)
Ease of integration
5.0
(10 ratings)
6.0
(1 ratings)
Product Scalability
-
(0 ratings)
7.8
(2 ratings)
Vendor post-sale
-
(0 ratings)
6.0
(1 ratings)
Vendor pre-sale
-
(0 ratings)
4.0
(1 ratings)
User Testimonials
IcertisOracle E-Business Suite
Likelihood to Recommend
Icertis
Icertis is well suited for organizations that have a large number of contracts to manage and need a centralized platform to manage them. It is particularly useful for organizations that need to track and manage contract expiration dates, renewals, and other important dates. It is also well suited for organizations that need to comply with regulatory requirements and need a platform to help with compliance.In terms of scenarios where Icertis may be less appropriate, it may not be the best fit for organizations with a small number of contracts to manage. It may also not be the best fit for organizations that need a high degree of customization, as the platform does have some limitations in terms of customization options. Additionally, Icertis may not be the best fit for organizations that want a platform that is focused on specific industries, such as construction or real estate, as it's more generic in nature.It's worth noting that Icertis is a powerful and flexible tool, and its suitability for a particular organization depends on the specific needs and requirements of that organization.
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Oracle
Oracle eBusiness Suite is the best combination of CRM and ERP. Oracle helps us in managing the entire process of Sales and Marketing. The best feature is that it is highly user-friendly. We can easily manage the entire process of marketing from running a campaign to managing it and getting an interesting prospect than making a lead to making an opportunity by recording each and every conversation from day 1 to last day so that customer feels its valued by the company after that finally getting a business from the prospect.
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Pros
Icertis
  • Contract Creation and Management: Icertis excels at streamlining the contract creation process. It allows users to easily create and manage contracts using pre-approved templates, which can be customized as needed. The platform also includes built-in e-signature capabilities, making it easy for all parties to sign and execute contracts electronically. This has greatly reduced the time and resources needed for contract management, and has enabled our organization to be more efficient in the contract creation process.
  • Contract Compliance: Icertis helps organizations stay compliant with regulatory requirements by providing real-time tracking and alerts for contract expiration dates, renewal dates, and other important dates. This feature has been particularly useful for our organization, allowing us to avoid costly contract renewals and stay compliant with legal requirements.
  • Analytics and Reporting: Icertis provides powerful analytics and reporting capabilities that allow organizations to gain valuable insights into their contract portfolio. These analytics and reports can be used to identify trends, track performance, and make more informed business decisions. This has been particularly beneficial for our organization, allowing us to better understand the performance of our contracts and make more strategic decisions.
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Oracle
  • The EBS Oracle Order Management and Shipping Execution solution allows the creation of an integrated, seamless order-to-cash process and accurately capture of customer orders across multiple channels.
  • Orchestration of order details for seamless fulfillment execution.
  • Efficient shipment planning and confirmation.
  • Communication of order status information to customers throughout the order lifecycle.
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Cons
Icertis
  • Some features are unnecessarily limiting. For example, the inability to delete records or change fields later if it turns out there has been a mistake in how the contract was entered or the term was described. The Icertis form fields are NOT the contract record that is required to be kept. If someone makes an error, they should be able to fix it. The contract itself doesn't change, and that is the business record.
  • Too much is built on the assumption that the person requesting the contract is the one with the control or ownership of the contract. It would be better if the person to whom the contract is submitted for review was the owner in the system.
  • Not all requests will in fact end with a contract. Sometimes requests are started and the project is abandoned or put on hold for a period of time. More status fields that reflect the reality of contracting would be helpful.
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Oracle
  • Because the application is working globally, it sometimes hangs and the connection is dropped.
  • It should have more shortcuts to make it easier to develop macros. I create many macros and use the "sendkeys" command in VBA, due to the lack of these shortcuts, it is not possible to automate the process.
  • For now I can not think of other areas that require improvement.
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Likelihood to Renew
Icertis
No answers on this topic
Oracle
After almost 5 years, we have a full control of this ERP System. We are able to implement new functionalities and modules without any major "consulting" expenses. As of today we are making almost 90% of the personalization/customization and implementation all in house. Once [it] is tuned, [it] keeps running very well with no major issues.
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Usability
Icertis
Some functionality could be achieved with less clicking, the change management could be done a bit a better for deployments
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Oracle
The various forms - like order entry forms that allow the uses to enter sales orders and the ability to personalize the views based on end user needs - are easy to use and follow standard business processes. The new release has a big focus on usability and forms now have a familiar web look and feel which has increased usability considerably.
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Reliability and Availability
Icertis
No answers on this topic
Oracle
Because of the transactional nature of the system this software is available 24 X 7, and IT is responsible for making sure the system is available during normal business hours.
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Performance
Icertis
No answers on this topic
Oracle
The performance of the product is very good. Given the transactional nature of the system one of the key focus areas for IT is to make sure performance is not affected for internal reasons. This can also depend on the server configuration and setup. For example, performance on Exadata machine is far superior to other Linux custom systems that companies choose to deploy. In general though, as already pointed out, the platform is now very stable and has few bugs. Whenever there are any issues, the cause is usually customizations that we have made to the platform, rather than out-of-the-box standard functionality.
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Support Rating
Icertis
super dependent on how much money you want to pay. The general regular support can usually take around one to two weeks to get an answer and sometimes that issue is fixed but the underlying issue is not addressed even if you call out that it is a repeated issue. It appears that sometimes support is not really trained in how your instance is set up so there can be a bit of back and forth just to be able to get the appropriate support.
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Oracle
In general, support has not been great - particularly standard (non premium) support . The main issue is that our IT staff has been using this platform for years and is very knowledgeable Whenever something goes wrong, we usually have a very precise idea of what the problem is. We are skilled at problem diagnosis. But the Oracle support process is very rigid and slow. Typically, we are required to go through a lengthy diagnosis process where they ask us multiple questions sometimes over several days and we are obliged to talk to different people with differing levels of knowledge. Since we already know what the problem is, we really just want a patch or a bug fix, but it takes days to get there instead of minutes. This can be very frustrating. This is a big part of the reason why we pay for premium support. But it's still a bit disappointing.
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Online Training
Icertis
No answers on this topic
Oracle
The instructors are usually precise and knowledgable, and it's convenient to take online classes whenever available any day of the year.
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Implementation Rating
Icertis
No answers on this topic
Oracle
The key success factors for the implementation was project management, in-house expertise in IT and time. The implementation process started with the initial evaluation with the initial upgrade on a test system and mapping out the gaps and requirements. We did work with Oracle to understand the new functionality R12 had to offer and did another upgrade and researched solutions. With the use of software development cycle procedures there were conference room pilots with IT, business users. We then refined the project plan to the core key details, performed mock go-live implementations and finally upgraded the software. Overall, this was a very successful process.
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Alternatives Considered
Icertis
In our organization, we chose Icertis over Ariba Contracts because of its comprehensive feature set and its advanced contract analytics capabilities. We found that Icertis provided us with more flexibility and customization options, which was important for our organization's specific needs. Additionally, the AI-driven contract insights provided by Icertis have been extremely helpful in helping us optimize business decisions and realize the full potential of our contracts.Another important factor is that Icertis is industry agnostic, while Ariba Contracts has a stronger presence in specific industries. Icertis is more suitable for a wider range of organizations and that's why in our fictional organization we selected it.Overall, both Icertis and Ariba Contracts are powerful contract management software solutions, but Icertis's advanced contract analytics and its flexibility and industry agnostic approach make it a better fit for our fictional organization.
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Oracle
We explored Coupa, SAP, PeopleSoft, Salesforce. We chose Oracle based on value for money, features it offers and the easy availability of vast talent pool in the market. There are many trained Oracle product specialists readily available in the market. This helps us to tap experts when needed easily.
Coupa does not have a Project Accounting module. SAP was too expensive. PeopleSoft is more catered towards to human resources software, while Salesforce is for CRM.
Oracle has better financials and project portfolio management suite when compared to the competition and this what we needed.
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Scalability
Icertis
No answers on this topic
Oracle
As I mentioned, it's a good tool but not the best
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Return on Investment
Icertis
  • Since implementing the platform, we have seen a significant reduction in the time and resources spent on contract management. This has allowed us to reallocate these resources to other areas of the business, resulting in increased revenue.
  • Additionally, Icertis has helped us to improve our entitlement and obligations management, allowing us to better track and manage our contract expiration dates, renewals, and other important dates. This has helped us to avoid costly contract renewals and stay compliant with regulatory requirements, thereby protecting us against noncompliance and penalties.
  • The platform's built-in analytics and reporting capabilities have also been valuable in helping us to gain valuable insights into our contract portfolio, allowing us to make more informed business decisions. Additionally, the platform's contract intelligence has helped us to shorten our sales cycles, which has enabled us to close more deals in less time.
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Oracle
  • The tremendous amount of testing and time by the technical folks has a negative impact.
  • We find we need a tremendous amount of customization within the standard functionality having a negative impact.
  • Oracle certifications of related products such as the database, Demantra, JRE cause disruption having a negative impact
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ScreenShots

Icertis Screenshots

Screenshot of Intelligent Contract Set-up: Intelligent Contract Setup: Personalized, role-based experience for any type of user with flexibility models for complex organizationsScreenshot of Contract Operations: Self-service contracting with intelligent contract negotiations and bulk processing for quick responsesScreenshot of Governance Risk & Compliance: Enables users to proactively identify, assess and manage all contract risks and ensure the fulfillment of contractual obligations based on proactive insights from ICI’s compliance tools.Screenshot of Reporting & Dashboards: Improves visibility to reduces contract cycle times improve negotiation outcomes with dashboards and reportsScreenshot of Analyze Obligations: Obligations and fulfilments can be viewed from customized reports- across users, contract types, and statusScreenshot of Obligation Dashboard: Provides a 360-degree view of compliances with micro-actionable insights to the level of individual agreements