Oracle Cloud ERP backed by a established company with tons of functionality
April 09, 2021
Oracle Cloud ERP backed by a established company with tons of functionality
Score 10 out of 10
Vetted Review
Verified User
Modules Used
- Oracle Financials Cloud
- Oracle Accounting Hub Cloud
Overall Satisfaction with Oracle Cloud ERP
It is being used across the United States in the Controllers, Accounting and Reconciliation departments monthly and in some countries for Finance to enter accounting transactions and close the books each quarter. It addresses the general ledger of the organization, the financial close and all accounting entries and reconciliations.
- Accounting
- Financial Close and Consolidation
- Reconciliations
- Security of the General Ledger
- Reporting is generally good, always room for improvement
- Speed is OK always like faster
- Cybersecurity controls are fine, extra security features are better
- Less upgrades and versions means less implementation costs - positive
- Cloud security is more robust - positive
- Scalability is a positive too
Oracle Cloud ERP is more flexible, more negotiable and has better breadth and support worldwide. Their reports are better and speed of implementation is faster. It stacks better since the company is larger, more stable, and has more research and development. There are more references to check with peers too.