Future is Oracle Cloud ERP
July 26, 2021

Future is Oracle Cloud ERP

Abhishek Gupta | TrustRadius Reviewer
Score 7 out of 10
Vetted Review
Verified User

Modules Used

  • Oracle Financials Cloud
  • Oracle Procurement Cloud

Overall Satisfaction with Oracle Cloud ERP

Oracle Cloud ERP is being used by the Procurement teams. We are using the Oracle Cloud ERP within the organization to help in between teams and project groups. We can go with Oracle ERP Cloud because of user-friendliness, reliable service, allows real-time updates, and excellent customer support so far.
  • It has a querying tool that is user-friendly in order to create, schedule, and ad-hoc reports, or monitor information being entered into the system.
  • We can manage a wide variety of financial solutions of the company like managing contracts, tracking project cost, fetch vendor information, budgeting, accounts payable.
  • Provides the privilege's to do integration with other systems.
  • Ability to handle a large company with multiple platforms.
  • Interfacing with other 3rd party vendors takes a while and could be done quicker
  • It's flexible and useful for a business wherein needs a lot of customizations for multiple different organizations all around the world.
Oracle cloud ERP helps to reduce the scope of customization and reduce the cost.
It is well suited for financial reporting, analysis, and budgeting/planning.
It would be great if more red papers were written on best practices for system configuration based on different variety of scenarios.

Oracle Fusion Cloud ERP Feature Ratings

Accounts payable
6
Accounts receivable
6
Global Financial Support
7
Primary and Secondary Ledgers
6
Journals and Reconciliations
6
Configurable Accounting
6
Standardized Processes
6
Billing Management
Not Rated
Cash and Asset Management
Not Rated
Travel & Expense Management
Not Rated
Budgetary Control & Encumbrance Accounting
Not Rated
Period Close
Not Rated
Inventory tracking
Not Rated
Automatic reordering
Not Rated
Location management
Not Rated
Pricing
Not Rated
Order entry
Not Rated
Credit card processing
Not Rated
Cost of goods sold
Not Rated
Order Orchestration
Not Rated
Dashboards
Not Rated
Standard reports
Not Rated
Custom reports
Not Rated
Not Rated
API for custom integration
Not Rated
Plug-ins
Not Rated
Not Rated
Role-based user permissions
Not Rated
Single sign-on capability
Not Rated
Award Lifecycle Management
Not Rated
Budgeting and Forecasting
Not Rated
Project Costing
Not Rated
Cost Capture
Not Rated
Capital Project Management
Not Rated
Customer Contract Compliance
Not Rated
Project Revenue Recognition
Not Rated
Project Planning and Scheduling
Not Rated
Task Insight for Project Managers
Not Rated
Project Mobile Functionality
Not Rated
Definable Resource Pools
Not Rated
Not Rated
Bids Analyzed and Compared
Not Rated
Contract Authoring
Not Rated
Contract Repository
Not Rated
Requisitions-to-Purchase Orders Integrated
Not Rated
Supplier Management
Not Rated
Risk Repository
Not Rated
Control Management
Not Rated
Control Efficiency Assessments
Not Rated
Issue Detection
Not Rated
Remediation and Certification
Not Rated
Not Rated
Transportation Planning and Optimization
Not Rated
Transportation Execution Management
Not Rated
Trade and Customs Management
Not Rated
Fulfillment Management
Not Rated
Warehouse Workforce Management
Not Rated
Not Rated
Production Process Design
Not Rated
Production Management
Not Rated
Configuration Management
Not Rated
Work Execution
Not Rated
Manufacturing Costs
Not Rated
Not Rated
Forecasting
Not Rated
Inventory Planning
Not Rated
Performance Monitoring
Not Rated
Proposal Management
Not Rated
Product Master Data Management
Not Rated