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Oracle ERP Cloud - A must cloud strategy platform
Updated April 02, 2021

Oracle ERP Cloud - A must cloud strategy platform

Vinay Pushkarna, B.Eng, MBA | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User
Review Source

Modules Used

  • Oracle Financials Cloud

Overall Satisfaction with Oracle Cloud ERP

An integrated Asset Management approach was the desired state for one of the major Oil Companies. This includes integration with Maximo and other key enterprise systems. We had to choose between a couple of our legacy ERP systems. We have had success with the way Oracle natively integrates and manages our Supply Chain function in the organization. So Oracle was a system of choice. Oracle cloud is still new as a concept and has not seen many implementations across the globe, so we were a bit skeptical and time will tell whether the end user experience is smooth or not
  • Single source of truth for Inventory Management and native integration with Maximo
  • Part of the overall cloud strategy and ability to work seamlessly across systems, anywhere any device
  • Oracle as ERP is a mature system so high level of confidence in the system
  • More native connectors to other systems
  • Not many thought leadership or point of views available around key topics
  • Some guidance and white papers on topics such as Inventory Management. More self-assessments from Oracle around system capabilities
We have seen the effectiveness of Inventory Transactions management in ERP and inventory controls in Maximo working in sync. This has been proven to be a good and most cost-effective way to manage inventory
  • Yet to evaluate the return on investment
  • ERP on the cloud is relatively a new concept and many other aspects such as cyber security etc need to further developed
We are currently working with Oracle and Deloitte to expand our oracle footprint across North America
There are number other systems available Microsoft AX to SAP. The organization had experience with Oracle in the past and were very with the satisfied with the operations. Also the cost of ownership was much less as compared to traditional on-premise systems
I believe if the organization is looking for a seamless integrated asset management across various systems Oracle as a mature ERP tool has a lot to offer

Oracle Cloud ERP Feature Ratings

7.9
Accounts payable
7
Accounts receivable
9
Global Financial Support
7
Primary and Secondary Ledgers
8
Journals and Reconciliations
8
Enterprise Accounting
8
Configurable Accounting
8
Standardized Processes
8
6.7
Automated Invoice Processing
7
Shared Services Payments
7
Billings Management
7
Customer Receipt Applications
7
Customer Collections
8
Revenue Recognition
8
Cash Management
7
Asset Management
7
Travel & Expense Management
5
Budgetary Control & Encumbrance Accounting
6
Period Close
4
Transactions Tax
6
Subledger Reconciliations
8
3rd Party Accounting Systems
7
7.0
Inventory tracking
7
Automatic reordering
7
Location management
8
Manufacturing module
6
7.0
Pricing
7
Order entry
7
Credit card processing
8
Cost of goods sold
6
Order Orchestration
7
End-to-end order visibility
7
Order exception Resolution
7
Payroll Management ()
Not Rated
8.0
Dashboards
8
Standard reports
8
Custom reports
8
7.5
API for custom integration
8
Plug-ins
7
7.0
Role-based user permissions
7
Single sign-on capability
7
7.0
Award Lifecycle Management
7
Spending Control
7
Indirect Cost Management
7
Billing
7
7.1
Budgeting and Forecasting
8
Project Costing
7
Cost Capture
7
Capital Project Management
7
Customer Invoicing
8
Customer Contract Compliance
7
Project Revenue Recognition
7
Project Financial Performance Analysis
7
Project Financials Dashboard
7
Real-time Financial Reporting
6
Embedded Business Intelligence
7
Project Planning Collaboration
7
6.5
Project Planning and Scheduling
7
Project Manager Dashboard
7
Resource Manager Dashboard
7
Task Insight for Project Managers
7
Project Manager Mobile Functionality
8
Team Member Task Collaboration
7
Team Member Mobile Functionality
7
Project Candidate Search
7
Project Candidate Comparison and Analysis
7
Defineable Resource Pools
5
Defineable Resource Pools
4
Talent Profiles
6
Real-Time Project Reporting
6
Absence Management
6
Product Lifecycle Management
6
7.3
Sourcing Team Collaboration
7
Sourcing Analysis
6
Bids Analyzed and Compared
7
Catalog Shopping E-Commerce for Employees
7
Contract Authoring
7
Contract Compliance Management
7
Contract History
6
Contract Renewal Automation
7
Contract Repository
7
Contract Standardization and Enforcement
7
Electronic Signatures
9
Invoice Automated Matching
8
Purchasing Risk and Compliance Management
9
Requisitions-to-Purchase Orders Integrated
8
Spend Compliance Management
Not Rated
Supplier Assessment
8
Supplier Communication and Collaboration
7
Supplier Management
7
Supplier Portal
8
7.9
Risk Repository
8
Control Management
8
Control Mapping
8
Control Efficiency Assessments
10
Automated Control Assessments
7
Assessment Capture
7
Issue Detection
8
Automatic Notification
7
Remediation and Certification
8
7.4
Transportation Planning and Optimization
7
Transportation Sourcing Management
7
Transportation Process Integration
7
Transportation Execution Management
9
Freight Payment Automation
8
Trade Management
8
Trade Regulatory Compliance Management
7
Customs Entry Management
7
Customs Document Management
6
Customs Document Collaboration
7
Fulfillment Management
7
Inventory Visibility
7
Warehouse Workforce Management
9
7.7
Production Process Design
8
Supply Chain Business Flows
8
Production Management
7
Contracted Manufacturing Management
7
Configuration Management
8
Work Definition
8
Work Execution
7
Advanced Fulfillment
8
Manufacturing Costs
8
8.0
Forecasting
8
Inventory Planning
8
Multi-tier Supply Chain Planning
8
Performance Monitoring
8
7.4
Ideation Management
8
Requirements Management
8
Proposal Management
7
Innovation Portfolio Management
7
Product Master Data Management
7