Oracle Cloud ERP Helps Silicon Valley Startup Tremendously Scale Through IPO!
Updated April 07, 2021

Oracle Cloud ERP Helps Silicon Valley Startup Tremendously Scale Through IPO!

Anonymous | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User

Modules Used

  • Oracle Financials Cloud
  • Oracle Revenue Management Cloud
  • Oracle Accounting Hub Cloud

Overall Satisfaction with Oracle Cloud ERP

We use Oracle Cloud ERP to house all of our accounting operations and transactions. AP/AR/GL/Rev Rec/Tax/Reporting, etc. We opted for Oracle Cloud ERP due to its superior feature set relative to new incumbents. We are confident it will help us scale over the long-term vs having to switch if we grow over X milestone. This product is primarily used by our accounting team, but also in some instances our finance team.
  • Rich and robust feature set.
  • Quick deployment.
  • Great integration with other applications.
  • The user interface could be improved.
  • Would love to further brand with company colors.
  • I wish security was more intuitive.
  • Speed of month-end close enabling us to report financials quicker.
  • Positive employee sentiment given robustness of system.
  • Fewer IT headaches given stability of system.
Oracle Cloud ERP clearly has the most robust feature set and track record of delivering great and stable cloud products. If you are confident your company is going to scale and make it through an IPO I'm not sure why you would choose anything else but Oracle Cloud ERP.
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.

Oracle Fusion Cloud ERP Feature Ratings

Accounts payable
9
Accounts receivable
9
Global Financial Support
9
Primary and Secondary Ledgers
9
Journals and Reconciliations
9
Configurable Accounting
8
Standardized Processes
8
Billing Management
8
Cash and Asset Management
8
Travel & Expense Management
8
Budgetary Control & Encumbrance Accounting
5
Period Close
9
Inventory tracking
Not Rated
Automatic reordering
Not Rated
Location management
Not Rated
Pricing
7
Order entry
8
Credit card processing
8
Cost of goods sold
9
Order Orchestration
9
Dashboards
8
Standard reports
8
Custom reports
8
API for custom integration
7
Plug-ins
6
Role-based user permissions
7
Single sign-on capability
8
Award Lifecycle Management
7
Budgeting and Forecasting
8
Project Costing
8
Cost Capture
8
Capital Project Management
8
Customer Contract Compliance
8
Project Revenue Recognition
6
Project Planning and Scheduling
Not Rated
Task Insight for Project Managers
Not Rated
Project Mobile Functionality
Not Rated
Definable Resource Pools
Not Rated
Bids Analyzed and Compared
4
Contract Authoring
7
Contract Repository
7
Requisitions-to-Purchase Orders Integrated
6
Supplier Management
6
Risk Repository
Not Rated
Control Management
Not Rated
Control Efficiency Assessments
Not Rated
Issue Detection
Not Rated
Remediation and Certification
Not Rated
Not Rated
Transportation Planning and Optimization
Not Rated
Transportation Execution Management
Not Rated
Trade and Customs Management
Not Rated
Fulfillment Management
Not Rated
Warehouse Workforce Management
Not Rated
Not Rated
Production Process Design
Not Rated
Production Management
Not Rated
Configuration Management
Not Rated
Work Execution
Not Rated
Manufacturing Costs
Not Rated
Not Rated
Forecasting
Not Rated
Inventory Planning
Not Rated
Performance Monitoring
Not Rated
Proposal Management
Not Rated
Product Master Data Management
Not Rated