Double-edged Sword. Works Well If Implemented Well…
February 14, 2022

Double-edged Sword. Works Well If Implemented Well…

Anonymous | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User

Modules Used

  • Oracle Financials Cloud
  • Oracle Project Portfolio Management Cloud

Overall Satisfaction with Oracle Cloud ERP

Key use cases are: 1. Running out professional services operations by the project - project management, time and expense entry, project financials, plan vs actuals, and status reporting. 2. Financial operations - payables, receivables, and business accounting and books.

Pros

  • Project lifecycle from proposal to planning, execution, and closeout
  • Financial operations - payables, receivables, and accounting
  • People management
  • Reporting

Cons

  • HR operations are very complex
  • UI is very clunky
  • Sub-contractor management is limited
  • Centralized time and expense - time savings of 100 hrs a week across entire company
  • Financial processing - savings of 40 hrs a month
  • Overall savings of about 200k annually
The biggest strength of Oracle Cloud ERP is the integrated nature of the applications and the functionality of cloud ppm.

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?

Yes

Did implementation of Oracle Fusion Cloud ERP go as expected?

Yes

Would you buy Oracle Fusion Cloud ERP again?

Yes

Financial management for professional services in multiple industries is one of the best use cases for Oracle Cloud ERP. It is not ideal for complex use cases like construction management and Give. Contracting that has many use cases not currently supported without multiple extensions - like actual costing, total time accounting, progress payments, unit price billing, etc.

Oracle Fusion Cloud ERP Feature Ratings

Accounts payable
9
Accounts receivable
8
Global Financial Support
9
Primary and Secondary Ledgers
9
Journals and Reconciliations
9
Configurable Accounting
9
Standardized Processes
9
Billing Management
9
Cash and Asset Management
7
Travel & Expense Management
8
Budgetary Control & Encumbrance Accounting
8
Period Close
8
Inventory tracking
8
Automatic reordering
8
Location management
8
Pricing
8
Order entry
8
Credit card processing
Not Rated
Cost of goods sold
7
Order Orchestration
8
Dashboards
7
Standard reports
7
Custom reports
9
API for custom integration
6
Plug-ins
6
Role-based user permissions
5
Single sign-on capability
7
Award Lifecycle Management
7
Budgeting and Forecasting
8
Project Costing
8
Cost Capture
8
Capital Project Management
8
Customer Contract Compliance
8
Project Revenue Recognition
8
Project Planning and Scheduling
5
Task Insight for Project Managers
5
Project Mobile Functionality
5
Definable Resource Pools
5
Bids Analyzed and Compared
7
Contract Authoring
7
Contract Repository
7
Requisitions-to-Purchase Orders Integrated
8
Supplier Management
7
Risk Repository
6
Control Management
6
Control Efficiency Assessments
6
Issue Detection
6
Remediation and Certification
6
Not Rated
Transportation Planning and Optimization
Not Rated
Transportation Execution Management
Not Rated
Trade and Customs Management
Not Rated
Fulfillment Management
Not Rated
Warehouse Workforce Management
Not Rated
Not Rated
Production Process Design
Not Rated
Production Management
Not Rated
Configuration Management
Not Rated
Work Execution
Not Rated
Manufacturing Costs
Not Rated
Not Rated
Forecasting
Not Rated
Inventory Planning
Not Rated
Performance Monitoring
Not Rated
Proposal Management
7
Product Master Data Management
7

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