Oracle Cloud ERP Reviews

Oracle Cloud ERP is great for large, enterprise-class companies to use to centralize all of their financial and sales information. I don't think it would be cost-effective for small to medium-size businesses to use Oracle ERP.

It is not well suited to matching cash purchases to customers or when customers pay a lump sum for multiple invoices. It requires this to be split manually and matched to each Individual invoice. Which is quite time consuming! We also have difficulty integrating with some of our other systems or terminals.

I think it's a great situation for us with the circumstance that we use it in. It holds everything for us to be able to manage the entire group in one place. I can't say how it is for larger or smaller organizations but I know that the size is great for us and seems to have the ability to grow for larger instances as well.

I believe if the organization is looking for a seamless integrated asset management across various systems Oracle as a mature ERP tool has a lot to offer

As a senior IT consultant, I am an ERP supporter in the organization. Oracle Cloud ERP is also one of the best options available in the market, which in addition to speed, also has a very high level of safety. Elimination of paperwork, and transparency in all sectors is born with the advent of this platform in the organization, and accounting, warehousing, production and distribution of goods and services, and manpower productivity also increase.

It is well suited for an organization that needs to gain resilience and agility and at the same time grow. It also suits well organizations that require to decrease costs, sharpen forecasts, and innovate more.

If you are looking to gain useful and interactive visualization for your financial management product, it will be able to provide you with business-centric and specific visual reports. And due to being cloud based, it can be accessible from a single place and hence can add value to your business. Oracle Cloud ERP has various features which support cost, financial knowledge, and different metrics. You can also compare different data sets to better understand and help to take business calls.

Oracle Cloud ERP allows us to finish all operations with precision and in a timely manner. It is a very safe and versatile system.

Our organization chose Oracle ERP for a number of reasons but they were the best out of an RFP to Gartner’s top 10 companies. They were able to provide a comprehensive solution to all of our procurement, supply chain, demand management needs. The other companies we considered had a partial solution and within the modules could not support the multi location structure we needed.

It is very easy to maintain, and the biggest advantage is spreadsheet uploads and invoice imaging scan solutions in AP.

While I have used [Oracle Cloud ERP] while employed at smaller to mid-sized businesses it feels as if this program would be suited for a growing business to help guide it along the way and support it as things continue to materialize. This program has helped us track our revenue growth and realize that we needed to grow our organization chart based on the projections we were forecasting. It is one thing to have a gut feeling or have a report that someone would like a little extra help, but it is hard to argue with numbers and statistics because they don't lie.

Oracle Cloud ERP is well suited for setting up and maintaining a General Ledger and all of the other sub-ledgers, G/L and bank account reconciliations, journal entries and accounting movements, having a cloud database to securely maintain the organization's financial data, reporting internally and externally. It is also more than capable of consolidations of legal entries to be prepared for the external auditor.

Oracle cloud ERP is well suited for organizations that require minimal customization. Cloud experience is a lot different from on-prem experience that the implementers should make sure that they enlighten the clients with what they should expect from the system. If the customers have legacy databases that they used to update for external system interactions, they should find alternatives if they decide to move to cloud. In Saas cloud they don't have access to backend database so they should be prepared to have proper middlewares in place to do the job for them or have custom API scripts ready to do this job otherwise.

While all core modules are very functionally rich, and can support/run any business well, the only concern would be where integration to any other cloud or on-premises ERP modules from a different ISV would be involved, as direct customizations for integration is not permitted to any Oracle Public Cloud solutions (SaaS or other). One would need to rely on APIs alone, and hopefully these would provide connections to other third-party packages/legacy solutions in the client's landscape.

It is highly likely that I would recommend Oracle Cloud ERP because of multitude of use cases it is perfectly suited for. It will work exceptionally well for project-centric organizations where fully integrated and automated solution is a requirement. It probably is not a good fit for smaller startup-like organisations where enterprise operations are easily managed just with a single spreadsheet.

The tool is best suited for solving complex business scenarios and for organizations that need to streamline their business processes throughout different departments.

There are other ERP systems out there, but Oracle Cloud ERP is great for invoice entry automation and charts for account management. Since it is purely in the cloud, you do not need a team to manage the IT-related things with this platform. If you are looking for a custom ERP with in-house databases, this is not the system.

Scenarios where Oracle Cloud ERP is well suited - The scenarios where Financials are used like Payables, Receivables, Asset Management, Expense Management with efficient real-time reporting of the financial status at any point. Scenarios where Oracle Cloud ERP is less appropriate - The scenarios where the size of the organization is relatively small, the number of financial transactions per day is significantly lower.

It’s very helpful to determine accurate customer acquisition costs by being able to pull data from multiple sources. Overall, the system is stable and gives you a few different options to run processing reports differently. I like the option we have to customize the reporting to fit our business needs.

Oracle Cloud ERP is a great (IMO the best) option for a growing startup to tackle their accounting system needs. It's comforting knowing that you will not need to migrate off of a system by choosing something with a robust feature set.

Well suited for organizations -

1. Willing to embrace global best practices in the field of procurement
2. Can align with release calendar for Oracle Cloud ERP and embrace the features at the same pace
3. Can afford the licesing cost and derive the value of such investment

Not well suites for companies -

1. Where there is a lack of process harmonization
2. Not willing to invest in a cloud product

Oracle Cloud ERP is best suited for enterprises which are large in scale, consisting of multiple strategic business units, that require financial accounting at its best and better risk management. It's best for mobile-app-based end-user interfaces for data input/admin activities. Overall, Oracle Cloud ERP provides the required mobility and integration, which is required at the enterprise level.

Oracle Cloud ERP is well suited when dealing with supply chain business flows, key accounting features that are standard for businesses/organizations to run (accounts payable/receivable, primary and secondary ledgers, etc.), forecasting, inventory, ideation management--really Oracle Cloud ERP has a solution seems to have a solution to any enterprise-level process in a business. It's less appropriate for small start-ups and nonprofits, in my opinion.

Oracle Cloud ERP is easy to use, making it simple for end users to understand and use its many good features. Also, it connects to several source systems, making it easy to import data. It's also great for creating dynamic reports and exporting data.

It's not a useful solution for users who are new to this kind of technology because it requires time to train them. It can also be a problem if the organization lacks a fast Internet connection. Mobile support is also not great and needs improvement.

In migration and integration projects, we used and analyzed lots of endpoints. Compared to other endpoints, Oracle Cloud ERP is very user friendly. We learned lots of major functions in a single day. It reduces our work burden. The methods like web services and FBDI are very effective and improve things in Oracle Cloud ERP more than others.