A great tool that can be a little cumbersome
April 09, 2021

A great tool that can be a little cumbersome

Ben Williams | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User
Review Source

Modules Used

  • Oracle Financials Cloud
  • Oracle Revenue Management Cloud

Overall Satisfaction with Oracle Cloud ERP

It is primarily used within a small department within the business. We use it for tracking options, business characterisation and data pipeline management. It makes all the data we need to do this easily accessible which speeds up the process. The fact that it is constantly operating allows us to have all the data we need, at hand quickly, to carry out projects related to financial operating models.
  • Easy UI to use.
  • Data is readily visible and easy to digest.
  • Plan creation tools are excellent and allow for quick builds.
  • Speed up report running.
  • Allow reports to show with large amounts of data points.
  • Make splitting to multiple invoices from a batch payment easier.
We had a legacy environment that had been highly customised but had burnt out its usefulness. We needed cloud-based support that was always up to date but could still be easily customised. [Oracle Cloud ERP] allows us to be more agile in our thinking and for payments to PO and money-related data to be collated and the data used to refine processes that we, in some instances, didn’t even know needed refinement.
  • Outcomes have been much easier to track saving analyst time.
  • Improved process agility and allowed us to refine procedures that are linked to an old way of doing things.
  • Better software that’s more up to date and has more software updates keeping our systems secure.
Better security, more updates and the ability to manage some of our data in a more accessible way.
It is not well suited to matching cash purchases to customers or when customers pay a lump sum for multiple invoices. It requires this to be split manually and matched to each Individual invoice. Which is quite time consuming! We also have difficulty integrating with some of our other systems or terminals.

Oracle Cloud ERP Feature Ratings

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