The best platform to take care of your budget and financial planning
December 21, 2021

The best platform to take care of your budget and financial planning

Elsa CHarles | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User
Review Source

Modules Used

  • Oracle Financials Cloud
  • Oracle Revenue Management Cloud

Overall Satisfaction with Oracle Cloud ERP

Oracle
ERP Cloud is the first-ever kick of our organization. It gave us easy support
with exceptional performance even at a downtime. Oracle ERP Cloud is great in
the scalability of mind to help business processes i.e. reporting, finances,
project management, risk management, and planning. Oracle ERP Cloud is very
helpful in the financial planning and infrastructure of data for the whole
company.
  • A proven tool for planning finance effectively while being transparent.
  • A decisive tool to tackle any problem of the project with maximum profit.
  • A robust tool for budgeting as well with all the recovery benefits.
  • Automation of business projects.
  • Limited customizations.
  • Many other organizations can take advantage of this tool if the price can be even more affordable.
  • There is not much room for cons as per our considerations.
  • A tool that has made us able to get much ROI by the bank account integration, management of cash, and controlling business unit.
  • Project management is made easy with its module and tracking with the exact time and issuance makes it more convenient and compatible for the return.
  • Automation in pay and expenses improve the company’s visibility in the market.
No, we haven't switched to it this way.
Prior
to Oracle ERP Cloud, we were using Microsoft Dynamics GP, the tool was overall
good but it was too slow in processing and the price range was much more than
expected.

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

No

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 very easy to organize data while being cheaper than many other
tools in the market. It is offering a lot more modules like project management,
financials, procurement, and EPM. Therefore, any business which needs the
management of resources should use Oracle ERP Cloud. Highly recommended by our organization as we are currently using its financial module.

Oracle Cloud ERP Feature Ratings

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