Oracle Cloud ERP and related satellite Oracle Cloud or SaaS solutions
December 22, 2020

Oracle Cloud ERP and related satellite Oracle Cloud or SaaS solutions

Anonymous | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User
Review Source

Modules Used

  • Oracle Project Portfolio Management Cloud
  • Oracle Procurement Cloud
  • Oracle SCM Cloud
  • Oracle Inventory Cloud

Overall Satisfaction with Oracle Cloud ERP

For a couple of my clients/customers, Oracle Cloud ERP is being used as an upgrade or replacement for traditional Oracle EBS ERP on premises, in order to be current with Oracle and have access to the best and most complete expanded ERP functionality available from Oracle. It's used mostly across the whole organization, and BUs, and functions as the enterprise system of record for these companies--financials are deployed and at the core of the system as well.
  • Core financials (accounting hub--AP, AR, GL, and financial consolidations) are the best available in the software industry and an even better solution than its predecessor modules in Oracle EBS ERP
  • Inventory Cloud is very functionally rich
  • Procurement Cloud is very functionally rich
  • Integration to any other cloud or on-premise ERP modules from a different ISV.
  • Direct customizations for integration is not permitted to any Oracle Public Cloud solutions (SaaS or other).
  • Need to rely on APIs alone for connections to other 3rd party packages / legacy solutions in the client's landscape.
The most complete, broad Cloud ERP solution available in the industry, across Financials, Procurement, Sales Order Management, Warehouse Mgt, Inventory, SCM, Project Portfolio Mgt, Product Information Mgt (PIM Hub), Bills of Material, and on and on. This solution is a complete as its predecessor, Oracle EBS ERP on-premise, and then some. Basically, a factor of 1.3 better than the predecessor EBS.
  • Positive in terms of system availability and constant up-time
  • Functionality updates are handled by Oracle Corp, are immediate, and require no "upgrade efforts" by client(s) as with on-premise ERP solutions
  • Online support, knowledge capital, and SME-tise is among the best.
Not as member at this time, but we (TCS) are planning to be.
Core financials (Accounting Hub - AP, AR, GL, and Financial Consolidations) are the best available in the S/W industry, and an even better solution than it's predecessor modules in Oracle EBS ERP. Both Procurement Cloud and Inventory Cloud are very functionally rich, and so much so one could run one's product operations with these modules plus Customer or Sales Order Mgt.
Not yet, but I'm interested in Oracle user groups - TCS would gain value as a surrogate consulting or SI firm on behalf of our joint customer base with Oracle.
Vs. SAP S4 HANA Cloud apps - far more nimble and performance is superior. SAP S4 HANA apps - while improved and a process time through put is better - is still slower and a less optimal Cloud ERP solution than Oracle. Think SAP R/3 on-premise moved to the Cloud, and faster due to underlying HANA technology but still burdened by application architecture decisions of the predecessor ERP on-premise solutions.
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.

Oracle Cloud ERP Feature Ratings

Accounts payable
10
Accounts receivable
10
Global Financial Support
10
Primary and Secondary Ledgers
10
Intercompany Accounting
10
Localizations
9
Journals and Reconciliations
10
Enterprise Accounting
10
Configurable Accounting
10
Centralized Rules Framework
10
Standardized Processes
9
Automated Invoice Processing
10
Shared Services Payments
9
Billings Management
10
Customer Receipt Applications
10
Customer Collections
10
Revenue Recognition
10
Cash Management
10
Asset Management
10
Travel & Expense Management
10
Budgetary Control & Encumbrance Accounting
10
Period Close
10
Transactions Tax
9
Subledger Reconciliations
10
3rd Party Accounting Systems
10
Inventory tracking
10
Automatic reordering
10
Location management
10
Manufacturing module
10
Pricing
10
Order entry
10
Credit card processing
9
Cost of goods sold
10
Order Orchestration
10
End-to-end order visibility
10
Order exception Resolution
10
Dashboards
10
Standard reports
10
Custom reports
10
API for custom integration
9
Plug-ins
9
Role-based user permissions
10
Single sign-on capability
10
Award Lifecycle Management
9
Spending Control
9
Indirect Cost Management
10
Billing
10
Budgeting and Forecasting
10
Project Costing
10
Cost Capture
10
Capital Project Management
10
Customer Invoicing
10
Customer Contract Compliance
9
Project Revenue Recognition
10
Project Financial Performance Analysis
10
Project Financials Dashboard
10
Real-time Financial Reporting
10
Embedded Business Intelligence
10
Project Planning Collaboration
10
Project Planning and Scheduling
10
Project Manager Dashboard
10
Resource Manager Dashboard
9
Task Insight for Project Managers
10
Project Manager Mobile Functionality
10
Team Member Task Collaboration
10
Team Member Mobile Functionality
9
Project Candidate Search
9
Project Candidate Comparison and Analysis
10
Defineable Resource Pools
10
Defineable Resource Pools
10
Talent Profiles
9
Real-Time Project Reporting
10
Absence Management
9
Product Lifecycle Management
10
Sourcing Team Collaboration
10
Sourcing Analysis
10
Bids Analyzed and Compared
10
Catalog Shopping E-Commerce for Employees
10
Contract Authoring
10
Contract Compliance Management
10
Contract History
9
Contract Renewal Automation
10
Contract Repository
10
Contract Standardization and Enforcement
9
Electronic Signatures
10
Invoice Automated Matching
10
Purchasing Risk and Compliance Management
9
Requisitions-to-Purchase Orders Integrated
10
Spend Compliance Management
9
Supplier Assessment
10
Supplier Communication and Collaboration
10
Supplier Management
10
Supplier Portal
10
Risk Repository
9
Control Management
9
Control Mapping
9
Control Efficiency Assessments
9
Automated Control Assessments
9
Assessment Capture
9
Issue Detection
10
Automatic Notification
10
Remediation and Certification
10
Transportation Planning and Optimization
10
Transportation Sourcing Management
10
Transportation Process Integration
10
Transportation Execution Management
10
Freight Payment Automation
9
Trade Management
10
Trade Regulatory Compliance Management
10
Customs Entry Management
9
Customs Document Management
10
Customs Document Collaboration
10
Fulfillment Management
10
Inventory Visibility
10
Warehouse Workforce Management
9
Production Process Design
10
Supply Chain Business Flows
10
Production Management
10
Contracted Manufacturing Management
10
Configuration Management
9
Work Definition
9
Work Execution
10
Advanced Fulfillment
10
Manufacturing Costs
10
Forecasting
10
Inventory Planning
10
Multi-tier Supply Chain Planning
10
Performance Monitoring
10
Ideation Management
10
Requirements Management
10
Proposal Management
10
Innovation Portfolio Management
10
Product Master Data Management
10
Vendor Portal
10
Project Portfolio Management
10