Oracle ERP Cloud Review
Updated December 03, 2020

Oracle ERP Cloud Review

Niranjan k | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User
Review Source

Overall Satisfaction with Oracle Cloud ERP

Helps to improve ROI and available multiple features like Invoice imaging and readily available templates to load data.
  • It is user friendly
  • Good functionalities
  • Easy reporting
  • Easily integration with eBusiness suite
  • Good product support from Oracle
  • Need to provide the spreadsheet upload functionality for all configurations. So it is more time saving and more clients will move to Oracle Cloud.
  • Provide at least two standard balance sheet and income statement formats, as they will be used by every client.
  • Rapid implementation spreadsheets should have support for creating multiple ledgers at time, even if different currencies are being used for a specific country. Currently it supports only one ledger per country based on currency.
It will be very useful when we use the PPT suit.
  • Basically we will be done with implementation in 10 -12 weeks, which is the biggest cost saving factor
  • Completely eliminated the requirement gathering sessions, which they should not remove as it is key for project success.
  • It is a very cost effective option.
Not yet, but I'm interested in Oracle user groups
It is very essential to complete the certifications as we get a chance to learn lot of new concepts and provide/implement the best industry practices to clients.
We are in EBS and then moved to Cloud, as it is the best option for my clients' business processes.
It is very easy to maintain, and the biggest advantage is spreadsheet uploads and invoice imaging scan solutions in AP.

Oracle Cloud ERP Feature Ratings

Accounts payable
9
Accounts receivable
9
Global Financial Support
9
Primary and Secondary Ledgers
9
Intercompany Accounting
9
Localizations
2
Journals and Reconciliations
9
Enterprise Accounting
9
Configurable Accounting
9
Centralized Rules Framework
7
Standardized Processes
9
Automated Invoice Processing
9
Shared Services Payments
9
Billings Management
9
Customer Receipt Applications
9
Customer Collections
9
Revenue Recognition
9
Cash Management
9
Asset Management
9
Travel & Expense Management
7
Budgetary Control & Encumbrance Accounting
7
Period Close
9
Transactions Tax
7
Subledger Reconciliations
9
3rd Party Accounting Systems
8
Inventory tracking
8
Automatic reordering
7
Location management
7
Manufacturing module
7
Pricing
6
Order entry
7
Credit card processing
7
Cost of goods sold
7
Order Orchestration
7
End-to-end order visibility
7
Order exception Resolution
7
Dashboards
9
Standard reports
9
Custom reports
9
API for custom integration
9
Plug-ins
9
Role-based user permissions
9
Single sign-on capability
9
Budgeting and Forecasting
7
Project Costing
8
Cost Capture
8
Capital Project Management
8
Customer Invoicing
8
Customer Contract Compliance
8
Project Revenue Recognition
8
Project Financial Performance Analysis
8
Project Financials Dashboard
9
Real-time Financial Reporting
8
Embedded Business Intelligence
8
Project Planning Collaboration
9
Real-Time Project Reporting
Not Rated
Sourcing Team Collaboration
7
Sourcing Analysis
8
Bids Analyzed and Compared
7
Catalog Shopping E-Commerce for Employees
8
Contract Authoring
7
Contract Compliance Management
7
Contract History
8
Contract Renewal Automation
8
Contract Repository
8
Contract Standardization and Enforcement
7
Electronic Signatures
7
Invoice Automated Matching
8
Purchasing Risk and Compliance Management
8
Requisitions-to-Purchase Orders Integrated
7
Spend Compliance Management
7
Supplier Assessment
8
Supplier Communication and Collaboration
8
Supplier Management
8
Supplier Portal
8
Forecasting
7
Inventory Planning
8
Multi-tier Supply Chain Planning
7
Performance Monitoring
8

Decision Factors & Implementation

Yes - Netsuite.
  • Price
  • Product Features
  • Product Usability
  • Prior Experience with the Product
We took around 6 months for implementation. This is for very big customer with multiple legal entities.
Yes - NetSuite

Implementation, Adoption, and Customer Service

Using Oracle Cloud ERP

150 - Finance
6 - 

Oracle ERP Cloud Financial SME

Oracle ERP Cloud SCM and Procurement SME

Oracle ERP Cloud Project Financials SME

Oracle ERP Cloud HCM SME

Oracle EPR Cloud Integration Lead

  • Ability to route the approval notification for Requisitions with Multiple Project- Project owner along with Department Manager Approver hierarchy (should happen parallel) if multiple department will be used or else should go to project owner.
  • Month End Accruals should happen Automatically.
  • Invoice correction is required at different stages of the payment process (i.e. before and after posting)
  • Invoice imaging solution
  • Rapid implementation spreadsheet for multiple Legal entities setup
  • Implement oracle tax module

Evaluating Oracle Cloud ERP and Competitors

I did couple for products evaluation which includes Netsuite and SAP but prefer oracle cloud erp.

Oracle Cloud ERP Support

ProsCons
Quick Resolution
Kept well informed
Problems left unsolved
Escalation required
Yes - No.. It never resolved