ERP Cloud platform covering all your enterprise operations needs!
April 12, 2021

ERP Cloud platform covering all your enterprise operations needs!

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

Modules Used

  • Oracle Accounting Hub Cloud
  • Oracle Project Portfolio Management Cloud
  • Oracle Risk Management Cloud

Overall Satisfaction with Oracle Cloud ERP

Oracle Cloud ERP is used by our whole company as a main platform for risk management, procurement and project portfolio management. Some departments are using the platform also for financials, accounting and supply chain management purposes. Oracle Cloud ERP being a Software as a Service solution simplifies managing our various enterprise operations without need of deployment in our own cloud data center.
  • It automates monitoring of user security and changes to critical configurations.
  • Enables collaborative project planning and scheduling.
  • Supports both direct procurement activities and indirect procurement requirements.
  • Fine tuning of different aspects may be really time consuming.
  • Procurement dashboards customization is a bit limited.
  • Number of predefined configuration rules in best-practice library could be increased.
Having all the different ERP-related functionalities available on a single platform greatly increased our productivity and accelerated our project success rate. An integrated deployment and development solution with tools to rapidly extend and create new services is now something crucial to our current way of working. What is even more important is the fact that it enabled business users to manage various functionalities with no IT department involvement.
  • Expensive hardware were greatly reduced.
  • System management overhead costs barely exist now.
  • Monitoring automation has been increased by 40%.
From my experience Oracle Cloud Customer Connect is a simplest way to learn about new release functionalities and industry best practices directly from the source. It is also a place where you can influence how the software you are actively using in your day-to-day activities evolves by sharing your thoughts and commenting on ideas of other users.
We have migrated from Oracle Fusion Applications which we had been using before as our on premises ERP solution. The migration can be described as seamless and business benefits were visible straight away. The most obvious improvements were huge increase in productivity and much better availability of all services used in the different departments.
We have been looking into different ERP solutions, however the main factor that prevailed was the simplicity of switching from Oracle Fusion Applications to Oracle Cloud ERP. The pricing models of different ERP platform are very diverse and should be carefully investigated before making a buying decision - in our case Oracle Cloud ERP fits our needs.
It is highly likely that I would recommend Oracle Cloud ERP because of multitude of use cases it is perfectly suited for. It will work exceptionally well for project-centric organizations where fully integrated and automated solution is a requirement. It probably is not a good fit for smaller startup-like organisations where enterprise operations are easily managed just with a single spreadsheet.

Oracle Cloud ERP Feature Ratings

Accounts payable
8
Accounts receivable
9
Global Financial Support
10
Primary and Secondary Ledgers
7
Intercompany Accounting
9
Localizations
8
Journals and Reconciliations
9
Enterprise Accounting
10
Configurable Accounting
9
Centralized Rules Framework
8
Standardized Processes
10
Automated Invoice Processing
8
Shared Services Payments
7
Billings Management
9
Customer Receipt Applications
8
Customer Collections
7
Revenue Recognition
10
Cash Management
9
Asset Management
9
Travel & Expense Management
8
Budgetary Control & Encumbrance Accounting
9
Period Close
8
Transactions Tax
8
Subledger Reconciliations
9
3rd Party Accounting Systems
9
Inventory tracking
10
Automatic reordering
9
Location management
8
Manufacturing module
9
Pricing
9
Order entry
7
Credit card processing
10
Cost of goods sold
9
Order Orchestration
9
End-to-end order visibility
8
Order exception Resolution
9
Dashboards
10
Standard reports
9
Custom reports
8
API for custom integration
8
Plug-ins
7
Role-based user permissions
10
Single sign-on capability
10
Award Lifecycle Management
9
Spending Control
8
Indirect Cost Management
7
Billing
9
Budgeting and Forecasting
9
Project Costing
8
Cost Capture
8
Capital Project Management
9
Customer Invoicing
10
Customer Contract Compliance
7
Project Revenue Recognition
7
Project Financial Performance Analysis
9
Project Financials Dashboard
8
Real-time Financial Reporting
8
Embedded Business Intelligence
9
Project Planning Collaboration
9
Project Planning and Scheduling
9
Project Manager Dashboard
8
Resource Manager Dashboard
9
Task Insight for Project Managers
8
Project Manager Mobile Functionality
8
Team Member Task Collaboration
9
Team Member Mobile Functionality
9
Project Candidate Search
8
Project Candidate Comparison and Analysis
8
Defineable Resource Pools
9
Defineable Resource Pools
7
Talent Profiles
8
Real-Time Project Reporting
10
Absence Management
10
Product Lifecycle Management
9
Sourcing Team Collaboration
9
Sourcing Analysis
8
Bids Analyzed and Compared
9
Catalog Shopping E-Commerce for Employees
9
Contract Authoring
8
Contract Compliance Management
8
Contract History
9
Contract Renewal Automation
7
Contract Repository
7
Contract Standardization and Enforcement
10
Electronic Signatures
10
Invoice Automated Matching
8
Purchasing Risk and Compliance Management
9
Requisitions-to-Purchase Orders Integrated
8
Spend Compliance Management
8
Supplier Assessment
7
Supplier Communication and Collaboration
8
Supplier Management
9
Supplier Portal
9
Risk Repository
9
Control Management
8
Control Mapping
8
Control Efficiency Assessments
9
Automated Control Assessments
8
Assessment Capture
10
Issue Detection
10
Automatic Notification
9
Remediation and Certification
7
Transportation Planning and Optimization
9
Transportation Sourcing Management
8
Transportation Process Integration
8
Transportation Execution Management
9
Freight Payment Automation
8
Trade Management
10
Trade Regulatory Compliance Management
9
Customs Entry Management
9
Customs Document Management
8
Customs Document Collaboration
8
Fulfillment Management
9
Inventory Visibility
7
Warehouse Workforce Management
8
Production Process Design
8
Supply Chain Business Flows
9
Production Management
7
Contracted Manufacturing Management
7
Configuration Management
9
Work Definition
9
Work Execution
8
Advanced Fulfillment
8
Manufacturing Costs
10
Forecasting
9
Inventory Planning
10
Multi-tier Supply Chain Planning
9
Performance Monitoring
8
Ideation Management
9
Requirements Management
8
Proposal Management
8
Innovation Portfolio Management
10
Product Master Data Management
9
Vendor Portal
8
Project Portfolio Management
9