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

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
  • 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
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 Fusion Cloud ERP Feature Ratings

Accounts payable
7
Accounts receivable
9
Global Financial Support
7
Primary and Secondary Ledgers
8
Journals and Reconciliations
8
Configurable Accounting
8
Standardized Processes
8
Billing Management
7
Cash and Asset Management
7
Travel & Expense Management
5
Budgetary Control & Encumbrance Accounting
6
Period Close
4
Inventory tracking
7
Automatic reordering
7
Location management
8
Pricing
7
Order entry
7
Credit card processing
8
Cost of goods sold
6
Order Orchestration
7
Dashboards
8
Standard reports
8
Custom reports
8
API for custom integration
8
Plug-ins
7
Role-based user permissions
7
Single sign-on capability
7
Award Lifecycle Management
7
Budgeting and Forecasting
8
Project Costing
7
Cost Capture
7
Capital Project Management
7
Customer Contract Compliance
7
Project Revenue Recognition
7
Project Planning and Scheduling
7
Task Insight for Project Managers
7
Project Mobile Functionality
8
Definable Resource Pools
5
Bids Analyzed and Compared
7
Contract Authoring
7
Contract Repository
7
Requisitions-to-Purchase Orders Integrated
8
Supplier Management
7
Risk Repository
8
Control Management
8
Control Efficiency Assessments
10
Issue Detection
8
Remediation and Certification
8
Transportation Planning and Optimization
7
Transportation Execution Management
9
Trade and Customs Management
8
Fulfillment Management
7
Warehouse Workforce Management
9
Production Process Design
8
Production Management
7
Configuration Management
8
Work Execution
7
Manufacturing Costs
8
Forecasting
8
Inventory Planning
8
Performance Monitoring
8
Proposal Management
7
Product Master Data Management
7