Oracle ERP Review
March 29, 2019
Oracle ERP Review
Score 9 out of 10
Vetted Review
Verified User
Modules Used
- Oracle Project Portfolio Management Cloud
Overall Satisfaction with Oracle ERP Cloud
ERP Cloud is used across accounting and finance and provides an integrated solution to previously disparate systems
- Best in class process flows
- Centralized, standardized control
- Integration with other modules
- Control accounts can be posted to by any subledger. For example, Fixed Asset control accounts can be posted to directly by Accounts Receivable, if someone wanted to. Restricting the control accounts to the necessary subledgers would be very helpful.
- Some processes are inconsistent in the manner in which they post. For example, if a revaluation job is run a 2nd time in a period you are required to manually reverse the 1st job. By comparison, if you run the translation job a second time in a period you don't have to reverse the first job.
- Confusion about whether a process should be in ERP or in FCCS.
- Expected to shorten close
- Increased visibility / analysis
- Intercompany reconciliation greatly improved, which impacts segment reporting accuracy and timeliness
Alternatives were a joke