Oracle ERP is great for companies with no IT!
April 10, 2021

Oracle ERP is great for companies with no IT!

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

Overall Satisfaction with Oracle Cloud ERP

We support Oracle ERP integrations into our business development application system. Oracle ERP cloud provides a complete enterprise suite of products, including risk, procurement, financial, and ERM. Oracle ERP Cloud has the support of many integrations and implementation partner networks. It also has great integrations to others Oracle products like PBCS.
  • Lots of business functions supported.
  • Integrations to many different platforms.
  • Complex and custom functionality.
  • Financial statement reporting.
  • Do not have that great user friendly documentation on integrations.
  • The search functionality needs a lot of improvement.
  • Mobile app needs an overhaul.
  • Users can no longer run SQLs against the cloud database.
Oracle Cloud ERP is a secure platform that is very important for any organization, and the larger the size of the company and the factory, the more vital the existence of ERP becomes. Saving time, the order in the system, coordination, and integration between different units of the organization is quite evident despite this platform.
  • The ability to use artificial intelligence and machine learning is very helpful.
  • The infrastructure used in Oracle ERP is a very fast, powerful and secure cloud.
  • Robust budget abilities that helps execute and manage planning.
You can have access to different sets of data and all data points can be used in reports. It will also enable visualization of most of your presentations and datasets. It is greatly preferable for dynamic and scalable products with visual reports at frequent intervals of time.
We have looked at integrations with Sage 300 and Intacct as well as Acumatica and this is product competes well. On-premise systems are better for getting access to your data more easily, but cloud is better if you don't have IT infrastructure to support this. The business loves these products.
We have looked into the other ERP systems and seen that there are pros and cons to going cloud and on-premise. As far as user functionality, the Oracle ERP system has more features, but the customer service is horrible compared to the other system. There is no product support past implementation and working with account managers is hard.
There are other ERP systems out there, but Oracle Cloud ERP is great for invoice entry automation and charts for account management. Since it is purely in the cloud, you do not need a team to manage the IT-related things with this platform. If you are looking for a custom ERP with in-house databases, this is not the system.

Oracle Cloud ERP Feature Ratings

Accounts payable
9
Accounts receivable
9
Global Financial Support
9
Primary and Secondary Ledgers
9
Intercompany Accounting
9
Localizations
9
Journals and Reconciliations
9
Enterprise Accounting
9
Configurable Accounting
9
Centralized Rules Framework
9
Standardized Processes
9
Automated Invoice Processing
9
Shared Services Payments
9
Billings Management
8
Customer Receipt Applications
7
Customer Collections
9
Revenue Recognition
9
Cash Management
9
Asset Management
9
Travel & Expense Management
9
Budgetary Control & Encumbrance Accounting
9
Period Close
9
Transactions Tax
9
Subledger Reconciliations
9
3rd Party Accounting Systems
9
Inventory tracking
9
Automatic reordering
9
Location management
9
Manufacturing module
9
Pricing
Not Rated
Order entry
Not Rated
Credit card processing
Not Rated
Cost of goods sold
Not Rated
Order Orchestration
Not Rated
End-to-end order visibility
Not Rated
Order exception Resolution
Not Rated
Dashboards
Not Rated
Standard reports
Not Rated
Custom reports
Not Rated
API for custom integration
Not Rated
Plug-ins
Not Rated
Role-based user permissions
Not Rated
Single sign-on capability
Not Rated
Award Lifecycle Management
Not Rated
Spending Control
Not Rated
Indirect Cost Management
Not Rated
Billing
Not Rated
Budgeting and Forecasting
Not Rated
Project Costing
Not Rated
Cost Capture
Not Rated
Capital Project Management
Not Rated
Customer Invoicing
Not Rated
Customer Contract Compliance
Not Rated
Project Revenue Recognition
Not Rated
Project Financial Performance Analysis
Not Rated
Project Financials Dashboard
Not Rated
Real-time Financial Reporting
Not Rated
Embedded Business Intelligence
Not Rated
Project Planning Collaboration
Not Rated
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