Oracle ERP Cloud - Does a great job but it's expensive
April 22, 2021
Oracle ERP Cloud - Does a great job but it's expensive
Score 8 out of 10
Vetted Review
Verified User
Modules Used
- Oracle Financials Cloud
- Oracle Revenue Management Cloud
- Oracle Procurement Cloud
- Oracle Risk Management Cloud
Overall Satisfaction with Oracle Cloud ERP
My organization moved to cloud based ERP a few years back. This is used by multiple departments in the organizations. One of the problems solved was that we don't to have our own servers; [the] IT hardware [doesn't] need to [be] [maintained] or [have] [upgraded] hardware. That's a lot of cost saving. Also, being on cloud, it enables mobility and people can access on the go, which is a necessity in today's world.
- Complete visibility into business operations at various levels of details.
- Less number of resources required to maintain the ERP solution.
- Deployment is way faster than the on premise deployment.
- Need to be made more intuitive. Currently, [it] has a steep learning curve and users need to be extensively trained in the beginning.
- Integration with third party cloud ERP solutions or other on premise solutions is not straightforward.
- Pricing is a big concern, as it's very expensive, and eats away [lots] of cost benefits derived by getting rid of owning and maintaining hardware.
- We can scale as per the requirement. No need to predict the maximum load and then keep the hardware idle most of the time only to support that maximum load once in a while
- Better planning as costs can be more accurately determined in advance.
- Lot of monetary savings in terms of less resources required to maintain our own hardware.