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Oracle Fusion Cloud ERP

Score7.3 out of 10

818 Reviews and Ratings

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What is Oracle Fusion Cloud ERP?

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 approach combined with the ease and flexibility of the cloud. Oracle Cloud ERP solutions deliver the functionality, analytics, security, mobile capabilities, and social collaboration tools needed to run a business and optimize business processes.

A cloud ERP system can be implemented more rapidly and at lower costs than similarly-featured on-premises ERP solutions running on internal corporate data centers. Any employee can access cloud services and data in real time to stay on top of critical business functions, such as financial planning and analysis, financial reporting compliance and other financial services, as well as supply chain management and project management.

Oracle applications on the cloud have integrated artificial intelligence functionalities to enable advanced business intelligence and analytics features, so as to drive smarter decision-making throughout the enterprise by deriving actionable insights from massive quantities of data.

Categories & Use Cases

Media

Screenshot of Critical information is available at a glance with comprehensive details a click away.
Screenshot of Social collaboration meets the modern communication needs of today's employees and breaks down barriers between teams.
Screenshot of A simple, modern interface provides easy access to information across areas, personalized for each user.
Screenshot of Critical information is available at a glance with comprehensive details a click away.
Screenshot of Analytics provide insight to understand what is happening across your business today and to predict future events by analyzing trends.
Screenshot of Social collaboration meets the modern communication needs of today's employees and breaks down barriers between teams.

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Screenshot of Critical information is available at a glance with comprehensive details a click away.

Key Features

Learn about the best (and worst!) features Oracle Fusion Cloud ERP has to offer, as determined by TrustRadius' reviewers.
Based on 818 ratings of Oracle Fusion Cloud ERP's features
View all features

Top Performing Features

  • Single sign-on capability

    The software system supports a centralized authentication mechanism allowing the user to access multiple systems with a single, centrally managed password.

    Category average: 8.4

  • Benefit plan administration

    Benefit plan administration is administration of health insurance plans and 401k plans, and other benefits.

    Category average: 7.4

  • Direct deposit files

    Direct deposit is the ability to electronically transfer pay to an employee’s personal bank account.

    Category average: 7.6

Areas for Improvement

  • Product Master Data Management

    Create, classify, and manage product items, BOMs and product changes

    Category average: 7.3

  • Issue Detection

    Detect and create issues as part of the assessment flow

    Category average: 6.5

  • Remediation and Certification

    Create and update remediation plans and certify controls

    Category average: 6.8

Reviews

What users are saying about Oracle Fusion Cloud ERP.
View all reviews

Great ERP but a few improvements required

Incentivized
Verified User
Professional in Corporate (10,001+ employees employees)

Use Cases and Deployment Scope

Oracle Fusion Cloud ERP is the heart of the financial systems in my organization. It houses the account balances, journal entries and is the source of truth when it comes to accounting and reconciliation tasks

Pros

  • Allows for data to be housed on the cloud

Cons

  • Interfaces need to be simplified
  • Running reports need to be simplified
  • More instructional documentation

Return on Investment

  • Positive: Easy to navigate. Spreadsheet import option. Automate report generation. Security protocols are high
  • Negative: Amount of menus can be confusing

Usability

Alternatives Considered

Oracle PeopleSoft ERP

Other Software Used

Vertex, Microsoft Excel

Oracle Fusion ERP Cloud A good SaaS based ERP system with room for improvement.

Incentivized
Amod JoshiView profile
Director Consulting in Information Technology at CGI (10,001+ employees employees)

Use Cases and Deployment Scope

We implement Oracle ERP Cloud for various customers. It helps organizations manage their enterprise resources in business areas such as Financials, Supply Chain, Human Capital management, etc. It's a comprehensive suite of all the required business processes necessary to manage an organization's operations. We also implement integrations to and from the Oracle ERP Cloud, facilitating connections with a variety of heterogeneous systems.

Pros

  • Oracle Financials.
  • Oracle Supply Chain.

Cons

  • There are some limitations since it's a SaaS model.
  • Some issues in ESS job sets, reporting areas, and page customization capabilities need to be improved.

Return on Investment

  • Data driven decision making.
  • Faster implementation.
  • Faster upgrades/updates.
  • Regulatory compliance.
  • Efficiency

Usability

Other Software Used

Oracle Integration (OIC)

The Good, the Bad, and the Ugly

Incentivized
Verified User
Director in Finance and Accounting (1001-5000 employees employees)

Use Cases and Deployment Scope

We use this at multiple manufacturing sites in our organization, with different languages and different currencies. I primarily use this for Finance and Accounting, as well as internal reporting and analysis. The main advantage is that most sites are now on one common platform, which allows us to share best practices among the various teams at different locations.

Pros

  • Uploading large data sets
  • Customized general ledger mapping
  • Maintain a global chart of accounts

Cons

  • Inconsistency across different modules
  • Error resolution is not easy to follow
  • Sometimes you have to click "OK" too many times to accept an input

Return on Investment

  • We have spent a lot more on this project than originally expected - at least three times as much
  • The most tangible benefit is that this gets us away from old early 190's technology
  • No real hard savings on efficiency improvement yet

Usability

Other Software Used

Sorna Vertex Platform, Oracle Cloud EPM Planning

[Oracle Cloud ERP review]

Incentivized
Ahmed Atef, OSCE, OSCP, CRTE, Red TeamingView profile
Cyber Security manager in Information Technology at Kuwait international bank (501-1000 employees employees)

Use Cases and Deployment Scope

Oracle Cloud ERP gives organizations more time to focus on the business side of transformation. Change management and business process management require the same time and resources whether you’re implementing cloud or on-premise ERP.

Pros

  • Oracle Cloud ERP does not have many native connectors to other systems so that is a con that I have faced

Cons

  • Oracle Cloud ERP system will reduce IT costs after we transition from an on-premise The savings included reduced IT maintenance, decreased fees, and freed up labor resources.

Return on Investment

  • Oracle ERP Cloud minimizes the maintenance burden for ERP administrators and teams, which IT staffs particularly appreciate. Customers also like how the suite helps reduce the financial overhead of managing company-wide systems.

Oracle system Business analyst

Incentivized
muhammad imtiazView profile
Senior Financial Analyst in Finance and Accounting at Tech Mantra (201-500 employees employees)

Use Cases and Deployment Scope

I use finance and SCM modules in [the] cloud. The benefit of using [the] cloud is that form-based applications are no longer required. Java dependency is finished and no need to upgrade java versions. The application can be accessed out [of] the network easily. The application is easy to use as it guides for the next step of action. The option to upload bulk data through excel is a worthwhile feature and it reduces job burden.

Pros

  • 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.

Cons

  • The web page becomes expired if unattended after a specific period of time which is waste of time [whereas], inform base application, it is nothing to worry about. So it needs to be fixed or improved.
  • There should be option of save as draft in cases the page become expired.
  • Informs, there was [the] option of [reading] only access [whereas] web pages in cloud does not allow read only access in various cases like supplier or customer definition pages.

Return on Investment

  • I can work from home easily without VPN and other security requirements.
  • Easy to use with less training.
  • Navigation steps are easy to access any product in the cloud application.

Alternatives Considered

Jedox and Beyond Intranet Microsoft Dynamics CRM For Nonprofits Implementation Services