Item: Oracle Fusion Cloud ERP
Rating: 8
Author: Justin Benjamin

Use Cases and Deployment Scope

This tool is not
confined to any single department rather it is used in almost all departments.
The major utilization of Oracle [Cloud] ERP is in our finance department where it is
helping us out in the management of the finances of our organization. We can
integrate this tool with other platforms which makes work easier and its
reports are quite helpful and it provides security to our data as well.

Pros and Cons

Finances are well managed with the reports it provides and with the records it keeps of our finances.
Security it provides is another thing, it is unmatchable.
It is quite an expert and time saver in data processing no matter how large it is but it does its task within no time.
It has a chat option with the help of which accountants and all the team members can communicate and can inform if there's an issue in the data.

Documentation is not enough.
I think there's room to make it a more user-friendly tool because finance is very critical work and if the tool would be easy things would get [easier].
Oracle Cloud [ERP]’s subscription rate is the most disappointing part about it. I don’t care about the documentation [or] any other flaw but this price issue needs to be solved.

Return on Investment

ERP is done in a highly professional manner.
Financial reports are helpful in managing the finances and taking hold of business in a more well manner.
The high price is a loss for us .

Alternatives Considered

Sage 500 ERP

The worst tool I could say [in my opinion]. There wasn’t a single day when
we were at ease created by it. Firstly I was not satisfied with the price
of Sage too but when I think of Oracle [Cloud ERP] then at least if Oracle [Cloud ERP] is charging a
high rate then at least it is providing us with ease and comfort but in the
case of Sage, we [paid] a high rate for almost nothing.

Key Insights

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

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

Yes

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

Yes

Did implementation of Oracle Fusion Cloud ERP go as expected?

Yes

Would you buy Oracle Fusion Cloud ERP again?

Yes

Likelihood to Recommend

There are many scenarios in which this is the most suitable
tool especially when it is about finances. It has the capability to deal and
manage finances in multiple ways and the most important part is that the
information is secure with this tool and we can even connect it with VPNs. [However,] the subscription rate of this tool makes it not a suitable choice and I am sure
it wouldn’t be for many small-scale organizations as they cannot afford it.

A perfect partner for the finance department and a full-fledged ERP solution.

Modules Used

Overall Satisfaction with Oracle Cloud ERP