The most reliable and scalable ERP Automation taking care of budgeting financial planning.
December 02, 2021

The most reliable and scalable ERP Automation taking care of budgeting financial planning.

Sonal Ankita | 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

This is my 4th consecutive year using Oracle ERP Cloud, it was easily deployed and the support team has been very exceptional during any technical downtime. Oracle ERP Cloud is created with scalability and simplicity in mind to help automate key [business] [processes] like planning, procurement, reporting, financials, project planning, product lifecycle[,] and risks management among many more others. It offers us sets of dependable apps to increase productivity, enhance control[,] and lower operating costs. Oracle ERP Cloud has streamlined budgeting financial planning and data infrastructure across the entire company. It gives us forecast reports that uncover all hidden risks that can lead to our [company's] slow growth.
  • It has controlled all our financials planning [programs] effectively and [enhanced] transparency.
  • Gives us well architecture of tackling any projects or tasks with minimum costs and maximum profit.
  • Has very powerful budgeting tools that ensure there is no loss of any finance and if there are any recovery plans in place.
  • Oracle ERP Cloud comes with another reliable module namely the procurement Cloud. It has [a self-services] portal created for speedy and flexible contract billing.
  • Oracle ERP Cloud has some limited customizations.
  • Cost should be considered because not all business enterprises can afford it.
The main benefit of using this tool Oracle ERP Cloud [is] project financial management and procurement solutions. Users can use Oracle ERP's powerful sets of tools that [assist] us in streamlining our business process. [It's] a strong platform that comes with security, analytics, integration, and functionality tools. Supports a wide range of variety like accounts currencies and entities allowing us to expand our reach and easily create new marketing strategies.
  • Oracle has streamlined our budgeting financial planning and data infrastructure across the entire company. Gives us forecast reports that uncover all hidden risks that may lead to the [slow] growth of our company.
  • It has enabled us to gain high ROI by enhancing cash management by integrating our bank accounts to control access by user, function, or business unit.
  • With project management modules we are able to track exact time, issues, and expenses incurred on projects to ensure we don't pay less or more.
Oracle has been [an amazing], [a] reliable and powerful analytical tool that has streamlined budgeting financials planning and data infrastructure across the entire enterprise. It has ensured proper planning of [the] business process. Oracle has taken control of all our [financial] planning [programs] effectively and gives us reliable financial management flow charts that show us expenditure and [the] best way we can plan for our available resources.
Not yet, but I'm interested in Oracle user groups - Yes, [I] am interested because I find they are very user-friendly and more secure and adapting to the customer changing needs. The UI is very easy to navigate and the learning curve is smooth to through it. My experience has been amazing and very promising.
Oracle ERP Cloud is very powerful in giving us reliable financial management analysis that helps us run our business and makes sure our business is growing and developing each and [every] day. The support team from this tool is very useful, reliable[,] and supportive 24/7.

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 ERP Cloud is easy-to-use and scalable it gives us reliable financial management flowcharts that show us expenditure and the best way we can plan for our digital assistant has enhanced faster and reliable implementation of projects and tasks. Therefore by my experience, [I]recommend this tool to all business enterprises.

Oracle Cloud ERP Feature Ratings

Accounts payable
10
Accounts receivable
10
Global Financial Support
9
Primary and Secondary Ledgers
9
Intercompany Accounting
9
Localizations
8
Journals and Reconciliations
9
Enterprise Accounting
9
Configurable Accounting
8
Centralized Rules Framework
8
Standardized Processes
8
Automated Invoice Processing
9
Shared Services Payments
9
Billings Management
9
Customer Receipt Applications
9
Customer Collections
9
Revenue Recognition
9
Cash Management
8
Asset Management
9
Travel & Expense Management
10
Budgetary Control & Encumbrance Accounting
9
Period Close
8
Transactions Tax
9
Subledger Reconciliations
9
3rd Party Accounting Systems
10
Inventory tracking
10
Automatic reordering
9
Location management
9
Manufacturing module
9
Pricing
8
Order entry
9
Credit card processing
8
Cost of goods sold
9
Order Orchestration
9
End-to-end order visibility
9
Order exception Resolution
9
Dashboards
9
Standard reports
9
Custom reports
9
API for custom integration
9
Plug-ins
9
Role-based user permissions
8
Single sign-on capability
9
Award Lifecycle Management
8
Spending Control
9
Indirect Cost Management
8
Billing
8
Budgeting and Forecasting
8
Project Costing
9
Cost Capture
8
Capital Project Management
10
Customer Invoicing
9
Customer Contract Compliance
10
Project Revenue Recognition
9
Project Financial Performance Analysis
7
Project Financials Dashboard
8
Real-time Financial Reporting
9
Embedded Business Intelligence
9
Project Planning Collaboration
9
Project Planning and Scheduling
8
Project Manager Dashboard
9
Resource Manager Dashboard
9
Task Insight for Project Managers
8
Project Manager Mobile Functionality
9
Team Member Task Collaboration
9
Team Member Mobile Functionality
8
Project Candidate Search
9
Project Candidate Comparison and Analysis
9
Defineable Resource Pools
9
Defineable Resource Pools
9
Talent Profiles
8
Real-Time Project Reporting
9
Absence Management
9
Product Lifecycle Management
9
Sourcing Team Collaboration
9
Sourcing Analysis
9
Bids Analyzed and Compared
9
Catalog Shopping E-Commerce for Employees
9
Contract Authoring
9
Contract Compliance Management
9
Contract History
9
Contract Renewal Automation
9
Contract Repository
9
Contract Standardization and Enforcement
9
Electronic Signatures
9
Invoice Automated Matching
9
Purchasing Risk and Compliance Management
9
Requisitions-to-Purchase Orders Integrated
9
Spend Compliance Management
9
Supplier Assessment
9
Supplier Communication and Collaboration
9
Supplier Management
9
Supplier Portal
9
Risk Repository
9
Control Management
9
Control Mapping
9
Control Efficiency Assessments
9
Automated Control Assessments
9
Assessment Capture
9
Issue Detection
9
Automatic Notification
9
Remediation and Certification
10
Transportation Planning and Optimization
9
Transportation Sourcing Management
9
Transportation Process Integration
9
Transportation Execution Management
9
Freight Payment Automation
9
Trade Management
9
Trade Regulatory Compliance Management
9
Customs Entry Management
10
Customs Document Management
9
Customs Document Collaboration
8
Fulfillment Management
9
Inventory Visibility
9
Warehouse Workforce Management
9
Production Process Design
9
Supply Chain Business Flows
9
Production Management
9
Contracted Manufacturing Management
9
Configuration Management
9
Work Definition
9
Work Execution
9
Advanced Fulfillment
9
Manufacturing Costs
7
Forecasting
9
Inventory Planning
8
Multi-tier Supply Chain Planning
9
Performance Monitoring
8
Ideation Management
8
Requirements Management
9
Proposal Management
9
Innovation Portfolio Management
9
Product Master Data Management
9
Vendor Portal
8
Project Portfolio Management
7