Orcale Cloud ERP, New Horizons
August 17, 2021

Orcale Cloud ERP, New Horizons

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

Modules Used

  • Oracle Financials Cloud
  • Oracle Project Portfolio Management Cloud

Overall Satisfaction with Oracle Cloud ERP

Oracle ERP Cloud assisted Bahri - KSA to streamline their business processes in the following business functions/departments:
1. Finance Function
2. HR Function
3. Procurement Function
4. Business Planning Function

Additionally, it is used to interact with Bahri commercial systems (for Customer and Supplier transactions) through Oracle Cloud Integration tools. It was a transition project from the existing Oracle EBS system to Oracle Cloud ERP. This transition enabled Bahri to:
1. Digitalize business processes, especially around Support Business Functions.
2. Enhance user experience with an easier business application interface.
3. Enhanced experience through different Mobile Applications for the said functions.
4. Ease of Reporting through built-in Intelligence Tools.
  • Oracle Cloud ERP has the most comprehensive accounting engine to cater to various Financial Reporting needs.
  • Oracle Cloud ERP has real strength in balancing control & flexibility through its modular yet integrated Business Functions approach.
  • Its reporting capabilities are now enhanced and need very little effort and skills to develop, which empowers users with the Analytics they want.
  • It is fit for every organization because of its interoperability with other Business Applications through integrations
  • Documentation: They must improve in their documentation. There are a lot of features that aren't mentioned in Oracle Online's available guides. Users only come to know after using or exploring it.
  • Production processes: Oracle Cloud ERP has a long way to go to address Core Production processes. They have made progress through Primavera, but this only addresses the planning bit and not the core design-driven execution.
  • Support: This point actually ties back to documentation. But Support teams should be equipped with the latest tools, and considering cloud structure, they should have more access to the problem identification. So the support level should also enhance with new product capabilities.
  • It has positively impacted Business Processes Integration between different business functions.
  • It has positively impacted user experience and interface.
  • It has negatively impacted core customization requirements which are sometimes necessary for better operability of the application.
IFS Application lacks the flexibility of rules to drive various transactions with the same information in different business functions.

Do you think Oracle Fusion Cloud ERP delivers good value for the price?

Yes

Are you happy with Oracle Fusion Cloud ERP's feature set?

Yes

Did Oracle Fusion Cloud ERP live up to sales and marketing promises?

I wasn't involved with the selection/purchase process

Did implementation of Oracle Fusion Cloud ERP go as expected?

Yes

Would you buy Oracle Fusion Cloud ERP again?

Yes

I will very much recommend (10/10) Oracle Cloud ERP to every medium-large scale organization. Especially organizations that want to avoid huge IT Infrastructure and resource costs as Oracle Cloud ERP enables to relieve the organization from huge IT investments. It is well suited to work for organizations where there are complex financial and operations structures. Its different products are tightly integrated with each other but still enable different business functions to work based on their policies & procedures. However, for smaller organizations where policies and procedures aren't yet developed up to business function level, or the organizations are solely driven by one department. I will not recommend Oracle Cloud ERP. In my opinion, the single most important advantage of Oracle Cloud ERP is the Integrated but modular approach that enables rule-driven information generation, which other business functions can read and auto-translate for their usage.

Oracle Fusion Cloud ERP Feature Ratings

Accounts payable
10
Accounts receivable
10
Primary and Secondary Ledgers
10
Journals and Reconciliations
10
Configurable Accounting
10
Standardized Processes
10
Billing Management
10
Cash and Asset Management
10
Travel & Expense Management
10
Budgetary Control & Encumbrance Accounting
10
Period Close
8
Dashboards
10
Standard reports
8
Custom reports
9
API for custom integration
10
Role-based user permissions
10
Single sign-on capability
10
Budgeting and Forecasting
10
Project Costing
10
Cost Capture
10
Capital Project Management
10
Customer Contract Compliance
10
Project Revenue Recognition
10
Project Planning and Scheduling
7
Task Insight for Project Managers
10
Project Mobile Functionality
10
Bids Analyzed and Compared
10
Contract Authoring
10
Contract Repository
10
Requisitions-to-Purchase Orders Integrated
10
Supplier Management
6
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