Oracle ERP Cloud: A Work In Progress
Updated February 21, 2019

Oracle ERP Cloud: A Work In Progress

Anonymous | TrustRadius Reviewer
Score 7 out of 10
Vetted Review
Verified User

Modules Used

  • Oracle Financials Cloud

Overall Satisfaction with Oracle ERP Cloud

So far we have rolled out Oracle ERP Cloud to two of our locations in Europe. We have quite a few subsidiaries throughout Europe—each of which have used their own ERP solution in the past. We are working to standardize the ERP system, so we will have a common application being used for all of them.

Pros

  • The product has very clear responsibilities defined.
  • The user interface is quite intuitive.
  • The application is easy to navigate.

Cons

  • There are frequent bugs our team has identified.
  • We use Oracle's E-Business Suite in the US, and the flows and usability of the two applications is very different.
  • There are quarterly updates to the application which result in a fair amount of changes requiring substantial testing efforts.
  • So far we are still troubleshooting quite a few issues even though we launched 6+ months ago.
  • Eventually, I expect a significant ROI once things are operating smoothly.
  • It will be wonderful once we have all of our foreign subsidiaries using the same system -- one that we are familiar with for support reasons.
Oracle's eBusiness Suite has been around for a very long time and as such is a much more mature product than Oracle's ERP Cloud. But the ERP Cloud has a lot of potential, especially since that is where Oracle's focus will be for on-going development efforts. I expect it will become the new gold standard for ERP systems.
The application itself has the potential to be a powerhouse. It can do almost anything you would expect of a full ERP system. The problem we've experienced is that the product offering is still relatively young in its development stage. By that I mean there are quite a few kinks which need to be worked out in order for it to be a smoothly operating tool.

Oracle Fusion Cloud ERP Feature Ratings

Accounts payable
Not Rated
Accounts receivable
8
Global Financial Support
6
Primary and Secondary Ledgers
Not Rated
Journals and Reconciliations
6
Configurable Accounting
Not Rated
Standardized Processes
7
Billing Management
8
Cash and Asset Management
Not Rated
Travel & Expense Management
Not Rated
Budgetary Control & Encumbrance Accounting
Not Rated
Period Close
8
Inventory tracking
8
Automatic reordering
Not Rated
Location management
7
Pricing
9
Order entry
9
Credit card processing
Not Rated
Cost of goods sold
7
Order Orchestration
8
Dashboards
8
Standard reports
8
Custom reports
9
Not Rated
API for custom integration
Not Rated
Plug-ins
Not Rated
Role-based user permissions
10
Single sign-on capability
9
Award Lifecycle Management
Not Rated
Budgeting and Forecasting
Not Rated
Project Costing
Not Rated
Cost Capture
Not Rated
Capital Project Management
Not Rated
Customer Contract Compliance
Not Rated
Project Revenue Recognition
Not Rated
Project Planning and Scheduling
Not Rated
Task Insight for Project Managers
Not Rated
Project Mobile Functionality
Not Rated
Definable Resource Pools
Not Rated
Not Rated
Bids Analyzed and Compared
Not Rated
Contract Authoring
Not Rated
Contract Repository
Not Rated
Requisitions-to-Purchase Orders Integrated
Not Rated
Supplier Management
Not Rated
Risk Repository
Not Rated
Control Management
Not Rated
Control Efficiency Assessments
Not Rated
Issue Detection
Not Rated
Remediation and Certification
Not Rated
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
Production Process Design
Not Rated
Production Management
8
Configuration Management
9
Work Execution
Not Rated
Manufacturing Costs
8
Forecasting
8
Inventory Planning
8
Performance Monitoring
Not Rated
Proposal Management
Not Rated
Product Master Data Management
Not Rated

Using Oracle ERP Cloud

20 - Oracle ERP Cloud is primarily used by the employees at the European subsidiaries of our company. Prior to ERP Cloud, each location used their own ERP system, but starting last year we are trying to get them all using the same system. They work mostly on Supply Chain, Warehouse/Inventory Management and Financials.
5 - Within our internal IT department in our company, we only have approximately 5 employees working to support Oracle ERP Cloud. But we also hire 3rd party companies (vendor partners) to assist with support since they tend to have more experience working with and supporting ERP Cloud through both implementations and managed services.
  • tracking financials within our subsidiaries
  • managing inventory at our remote warehouses
  • processing work orders through to fulfillment
  • We have created a lot of customized reports for our employees.
  • We hope to be able to use the application for forecasting.
This is the product we have chosen to standardize the ERP system throughout our European subsidiaries. We had been operating blindly with each location using their own ERP system. We relied on them to accurately report to us in the US. But now that we are beginning to roll out ERP Cloud, we have much better visibility into day-to-day operations.

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