Oracle ERP Cloud changes the way you manage your organization
February 15, 2022

Oracle ERP Cloud changes the way you manage your organization

Hely Villarroel | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
Review Source

Modules Used

  • Oracle Financials Cloud
  • Oracle Revenue Management Cloud
  • Oracle Accounting Hub Cloud
  • Oracle Procurement Cloud

Overall Satisfaction with Oracle Cloud ERP

As a consultant I have raised and architected solutions for the adoption of Oracle Cloud ERP as well as other products both on-premises and cloud-based, and specifically more recently I was gathering information for the design of an Oracle Cloud ERP implementation in a retail company that presented huge challenges in the way they ran their financial processes with outdated applications. During the survey process, the clear need for a SaaS solution in the cloud was detected to reduce data center and development costs, obtaining the flexibility of offering an cloud-based solution.
  • Linking interface between the modules and other Oracle cloud products, as well as third parties
  • Allows massive data loading with validation rules for migration and maintenance purposes
  • Integrate the financial flow between the different modules as well as the reporting with OTBI
  • More agile implementation process in terms of adoption of multiple industries
  • Malleability in terms of customization of some processes
  • Integration certification with more third-party providers
  • The improvement in productivity was impacted by 70%, moving from highly manual processes to automated management
  • Operational cost savings compared to maintaining an IT infrastructure is about 45%
  • Response times were reduced by 55%

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?

I wasn't involved with the selection/purchase process

Did implementation of Oracle Cloud ERP go as expected?

Yes

Would you buy Oracle Cloud ERP again?

Yes

The most common scenarios for the implementation of Oracle Cloud ERP are in those companies where one of their most important challenges is the issue of data centers to house servers and IT infrastructure--this being a viable way to implement a robust and highly efficient environment--efficient for financial management.

Oracle Cloud ERP Feature Ratings

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