Oracle is the easy #1 choice!
December 09, 2020

Oracle is the easy #1 choice!

Spencer Lewis | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
Review Source

Modules Used

  • Oracle Procurement Cloud

Overall Satisfaction with Oracle Cloud ERP

Oracle ERP was selected after an RFP to serve the Procurement and Supply Chain organization.
The purchasing and shipping modules were a key problem in our past ERP and the supply demand signals were not trustworthy. Furthermore, Oracle cloud added a module for our sourcing events and to organize agreements which was not available in our previous ERP.
  • Integrates all modules together.
  • Simple user interface.
  • Customizable dashboards and snippets.
  • Integration with shipping companies.
  • Faster performance of the application.
  • Database access to analysts.
I mentioned previously that the array of advanced modules made Oracle the undeniable solution for our ERP needs. Cloud ERP ran all our supply and demand and removed manual loading of demand sheets. Our accounting team was pleased with the payables module and sourcing finally had a module they could call
Home.
  • Efficiency of people capital.
  • Tech that can evolve in the cloud.
  • Advanced capabilities for a growing organization.
I am not a member but will be joining soon.
Increased storage capacity. Easier access to updates and new versions. Our new employees can get up and going on the system more efficiently with the training and provisioning. Better financials and supply chain will save the company millions in the next 5 years.
Not yet, but I'm interested in Oracle user groups - Oracle user groups
I have not been involved in other Oracle products.
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.

Oracle Cloud ERP Feature Ratings

Accounts payable
8
Accounts receivable
8
Global Financial Support
8
Primary and Secondary Ledgers
10
Intercompany Accounting
9
Localizations
10
Journals and Reconciliations
8
Enterprise Accounting
9
Configurable Accounting
10
Centralized Rules Framework
10
Standardized Processes
7
Automated Invoice Processing
10
Shared Services Payments
10
Billings Management
8
Customer Receipt Applications
7
Customer Collections
7
Revenue Recognition
8
Cash Management
8
Asset Management
9
Travel & Expense Management
Not Rated
Budgetary Control & Encumbrance Accounting
8
Period Close
8
Transactions Tax
6
Subledger Reconciliations
8
3rd Party Accounting Systems
9
Inventory tracking
10
Automatic reordering
10
Location management
10
Pricing
7
Order entry
6
Credit card processing
10
Cost of goods sold
10
Order Orchestration
8
End-to-end order visibility
8
Order exception Resolution
9
Dashboards
10
Standard reports
9
Custom reports
10
API for custom integration
10
Plug-ins
9
Role-based user permissions
10
Single sign-on capability
9
Award Lifecycle Management
10
Spending Control
10
Indirect Cost Management
10
Billing
9
Budgeting and Forecasting
9
Project Costing
8
Cost Capture
8
Capital Project Management
9
Customer Invoicing
9
Customer Contract Compliance
8
Project Revenue Recognition
9
Project Financial Performance Analysis
9
Project Financials Dashboard
10
Real-time Financial Reporting
9
Embedded Business Intelligence
10
Project Planning Collaboration
7
Project Planning and Scheduling
7
Project Manager Dashboard
10
Resource Manager Dashboard
9
Task Insight for Project Managers
9
Project Manager Mobile Functionality
9
Team Member Task Collaboration
7
Team Member Mobile Functionality
6
Project Candidate Comparison and Analysis
9
Defineable Resource Pools
10
Defineable Resource Pools
10
Real-Time Project Reporting
10
Absence Management
9
Product Lifecycle Management
10
Sourcing Team Collaboration
9
Sourcing Analysis
9
Bids Analyzed and Compared
10
Catalog Shopping E-Commerce for Employees
7
Contract Authoring
7
Contract Compliance Management
6
Contract History
7
Contract Renewal Automation
7
Contract Repository
9
Contract Standardization and Enforcement
10
Electronic Signatures
7
Invoice Automated Matching
6
Purchasing Risk and Compliance Management
9
Requisitions-to-Purchase Orders Integrated
9
Spend Compliance Management
10
Supplier Assessment
9
Supplier Communication and Collaboration
9
Supplier Management
9
Supplier Portal
10
Risk Repository
9
Control Management
6
Control Mapping
7
Control Efficiency Assessments
8
Automated Control Assessments
7
Assessment Capture
7
Issue Detection
10
Automatic Notification
10
Remediation and Certification
9
Transportation Planning and Optimization
9
Transportation Sourcing Management
8
Transportation Process Integration
8
Transportation Execution Management
8
Freight Payment Automation
9
Trade Regulatory Compliance Management
8
Customs Entry Management
8
Customs Document Management
9
Customs Document Collaboration
8
Fulfillment Management
8
Inventory Visibility
9
Warehouse Workforce Management
9
Production Process Design
10
Supply Chain Business Flows
9
Production Management
9
Contracted Manufacturing Management
9
Configuration Management
10
Work Definition
7
Work Execution
7
Advanced Fulfillment
8
Manufacturing Costs
8
Forecasting
10
Inventory Planning
10
Multi-tier Supply Chain Planning
9
Performance Monitoring
10
Ideation Management
8
Requirements Management
7
Proposal Management
9
Innovation Portfolio Management
9
Product Master Data Management
8
Vendor Portal
10
Project Portfolio Management
9