For Any Sort of Organization, Oracle Cloud ERP is a One-Stop Solution with ERP Capabilities
November 15, 2021

For Any Sort of Organization, Oracle Cloud ERP is a One-Stop Solution with ERP Capabilities

Samantha Stultz | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
Review Source

Modules Used

  • Oracle Financials Cloud
  • Oracle Project Portfolio Management Cloud

Overall Satisfaction with Oracle Cloud ERP

Oracle Cloud ERP is used across all organization departments to automate different business processes with built-in artificial intelligence capabilities. I mainly use it to automate and eliminate manual procedures when carrying out financial tasks like accounts payable and expense reporting.
  • Automating invoice processes by importing and recording vendor invoices via imaging and OCR capabilities.
  • Oracle Cloud ERP minimizes data entry by scheduling cash requirements reports in real-time.
  • Bank integration makes it easy to safeguard company cash by controlling cash access by business unit, user, and function.
  • We have improved company spend visibility by automating expense reporting and account payables.
  • Timely and cash forecasting makes it easy to make informed cash decisions such as timely borrowing and investing.
  • 3-way match allows us to detect errors mismatched figures automatically on invoices before sending payments to suppliers.
    Oracle Cloud ERP offers a wide array of capabilities from financials, project management to procurement in one single location. This has benefited us a lot by enabling us to access any capability at any time of need without having to remember any link or log in details via Single Sign-On.
    • Oracle Cloud ERP has enabled us to gain high ROI by enhancing cash management by integrating bank accounts to control access by user, function, or business unit.
    • With the project management module, we are able to track exact time, issues, and expenses incurred on projects to ensure we don’t pay less or more.
    • Account payable automation and expense reporting improve company spending visibility across the entire organization.
    We switched from Microsoft Dynamics GP to Oracle Cloud ERP since it offers high security for our data via built-in security tools such as multi-factor authentication in the cloud.
    Unlike Oracle Cloud ERP, MS Dynamics GP is designed and built for on-premise deployment only. On-premises solutions are hard to customize and use since they lack tutorials and whitepapers for features. Additionally, Microsoft Dynamics GP lacks robust security features compared to Oracle Cloud ERP, which authenticates users via multi-factor authentication before accessing data on it.

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

    Yes

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

    Yes

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

    Yes

    Did implementation of Oracle Cloud ERP go as expected?

    Yes

    Would you buy Oracle Cloud ERP again?

    Yes

    Oracle Cloud ERP offers a lot of modules such as financials, project portfolio management, EPM, and procurement among others. Therefore, it best suits all business processes that encompass resource management. I would 100% recommend it to all business persons that want to streamline ERP processes.

    Oracle Cloud ERP Feature Ratings

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