Intuitive enterprise resource planning (ERP) platform for all organizations
Richard Gichangi | TrustRadius Reviewer
Updated September 04, 2019

Intuitive enterprise resource planning (ERP) platform for all organizations

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 Project Portfolio Management Cloud
  • Oracle Procurement Cloud

Overall Satisfaction with Oracle ERP Cloud

Oracle ERP Cloud is an innovative business software that is designed for use in all businesses irrespective of their size. Its cloud based and built and designed with modern business thinking where it amplifies, enables and streamlines all operations in a business. We use Oracle ERP Cloud in our company due to its simplicity and applicability in a number of business areas such as revenue management, accounting, project management, procurement and financial reporting among others areas and functions. The software has helped us a lot in managing our operations, lowering our operation costs, improving our workflows, ensuring financial accountability and helping us realize economies of scale and beat competition from our rivals.
  • It streamlines all core business operations ensuring efficient workflows
  • Offers cutting-edge financial reporting through its Financials Cloud ensuring accurate financial reporting and management.
  • Enables comprehensive management of project and portfolios in their complete life-cycle hence ensuring efficiency and success.
  • Its not that highly customizable.
  • The monthly charges are a bit high as they are payable monthly/user.
  • Poor internet connections impedes on how it works making it slow and sluggish.
Oracle ERP Cloud is intuitive and doubles up as a business management suite meant to help organizations realize economies of scale easily from a single solution. Our company thrives a lot by having Oracle ERP Cloud being in place due to its benefits and it helps us work from a single platform. Instead of our company having separate software and platforms in executing roles such as project management, revenue and risk management, procurement and financials, Oracle ERP Cloud solves all of that and saves us cost and enable us execute all of those and help us realize our economies of scale and hence grow our stature and brand to greater heights.
  • It has improved the way we collaborate and work.
  • Has saved us operating costs and expenses to a great deal.
  • It has empowered our employees and provided them with a platform for innovation and productivity.
Its very hard to find scenarios where Oracle ERP Cloud is less appropriate since from what I have observed in our company, it impacts almost every area and department in our company. There are a number of scenarios where it fits perfectly in our company such as the procurement cloud where using the Procurement Cloud module where through this tool we are able to collaborate and work efficiently with our suppliers, manage supplier risk and execute practical and sound procurement policies that are not a detriment to our company. Its also enables us to manage and track our projects easily hence become an important tool in our progress as a company.

Oracle Cloud ERP Feature Ratings

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