Oracle Fusion Cloud Supply Chain Management (SCM) vs. Precoro

Oracle SCM Cloud is extensively used in my organization for a complete
Supply chain. We use all the Procure to Pay modules starting with
Procurement, Order management, and Financial modules. We also use Product
Information Management and Product Development Management modules to create and maintain items and products that we sell. These modules are interfaced with Inventory Management for shipping and supply chain demand and supply planning as well. Analytics is integrated with all these modules so it is very useful to keep track of metrics. However, if you are not using Sales Cloud and use another CRM system, there could be some hiccups in syncing the system if you don't have a middleware.

Incentivized

Precoro is great if you need to keep your organization aware of where in the purchasing process an order is, and if you need a place to communicate about orders & keep a record of those communications. It does not work too well for a variety of purchasing requests - the process lacks complexity.

Incentivized

• Allows you to visualize your data in more graphical manners.
• Provides a solid configurable forecasting engine.
• It's user configurable which helps to deliver the results you are looking for.
• Product is keeping up with the speed of innovation - constantly being improved and pushed out to the customers.

Incentivized

• Editing the catalog data is very easy. We can export/import it from Excel
• Comparing prices to make the right decisions
• Fast approvals with specific roles for colleagues
• Visual analytics and budget control for each department
• Ability to add as many custom fields as we need to cover all processes
• Real-time stock control and warehouse request creation right from the inventory module

• UI - Needs a definite update. Tool can do wonders if UI is intuitive.
• Excel based data doesn't upload easily.
• No open APIs, integration is not possible with other tools.
• Extra charges for a module for integration.
• Implementation is not easy.

Incentivized

• For companies with more complex inventory needs, additional features in that area could be helpful.
• The mobile app is great for approvals, but it could support more features from the desktop version.
• Occasionally, loading reports with a large amount of data takes a few extra seconds.

At first glance it seemed to be rather difficult in use, but actually it turned out to be much easier [than] we thought. Thanks to the Precoro team we could go through the procurement workflow. Now with [the] right, user-friendly software partner, we are absolutely ready to meet all [our] company's needs.

Precoro is a company, which makes great products for businesses. What is more, it is a team of professionals, who are always keep[ing] in touch with you. Thanks [to] Precoro, we easily go through procurement workflow and manage all of our POs in a couple of minutes. We had a great experience with the Precoro team which helped us with installation of the software.

Oracle SCM is best suited for Small & Mid Sized Business, whereas SAP SCM is best suited for large scale businesses. Oracle SCM has Customer Relationship Management (CRM) and Supplier Relationship Management (SCM) integrations which is missing in SAP SCM. Oracle supports modular integration and electronic data integration (EDI) which was one of the pre-requisites of the client.

Incentivized

Precoro is unique because it can be customizable from start to finish without needing to build in API. It is extremely easy to use and understand, so we did not need to give our employees extensive training as we did with Tradogram. Precoro also allowed us to communicate about orders right within the order itself, where the other software did not.

Incentivized

• There is a large reduction in man hours spent attempting to manually create the traceability matrix
• There is a strong involvement of different BUs and collaboration on the requirements creation process
• The time to develop and approve requirements has been shortened

Incentivized

• We can track each purchase order, who created it, and why. They are no longer lost, and we can always see the history. The dashboard allows us to monitor information about all essential documents and at what stage they are now and keep track of which invoices have not yet been paid or partially paid.
• By setting up budgets for each department, we can effectively plan the allocation and prevent overspending.
• The system is very flexible and convenient. I can't imagine my work without it.