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Perfect for Financial Cloud and Other Modules Come Integrated Into It
Updated February 29, 2020

Perfect for Financial Cloud and Other Modules Come Integrated Into It

Shalindra Singh | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User

Modules Used

  • Oracle Financials Cloud
  • Oracle Accounting Hub Cloud
  • Oracle Procurement Cloud
  • Order Management Cloud

Overall Satisfaction with Oracle ERP Cloud

I manage an Oracle consulting group within Bristlecone. We implement Oracle Cloud products for end customers and we integrate these products with various other Oracle and non-Oracle products. We work with customers from different verticals and implement industry-specific implementation based on the customer's requirement. We do customize these products within the permissible limit and make sure they address the need.
  • Oracle Financial Cloud is extremely good and covers most of the customer's requirement without doing much customization. This is also not a big learning curve from users coming from Oracle EBS. All AP, AR, and GL work great for most of the customers.
  • I also started liking Procurement Cloud. It is coming up well.
  • Project portfolio management is another area which is good with Oracle ERP Cloud.
  • Oracle Order Management or Supply Chain Management has lots of improvement area. It does not do good integration APIs and also does not cover all the needed functionality.
  • Procurement Cloud does not offer dynamic discounting.
  • Every organization is moving towards cloud due to ROI and able to avoid the maintenance cost of hosting and application.
  • Minimum downtime and auto-backup.
  • Always with the latest and greatest version.
These 2 are on a different spectrum and can not necessarily be compared. These possess a different set of requirements.
If someone is looking for Oracle Financial Cloud, my answer is Yes. If it is for Procurement Cloud then, maybe. If someone wants to switch to ERP Cloud from EBS and if they did not have lots of customization then I would say yes. Or else go cautiously and consult with experts.

Oracle Fusion Cloud ERP Feature Ratings

8.4
Accounts payable
9
Accounts receivable
9
Global Financial Support
8
Primary and Secondary Ledgers
8
Journals and Reconciliations
9
Configurable Accounting
8
Standardized Processes
8
7.8
Billing Management
9
Cash and Asset Management
8
Travel & Expense Management
6
Budgetary Control & Encumbrance Accounting
8
8.3
Inventory tracking
9
Automatic reordering
8
Location management
8
7.6
Pricing
8
Order entry
8
Credit card processing
8
Cost of goods sold
7
Order Orchestration
7
Payroll Management ()
Not Rated
6.7
Dashboards
7
Standard reports
6
Custom reports
7
6.5
API for custom integration
7
Plug-ins
6
8.5
Role-based user permissions
8
Single sign-on capability
9
7.0
Award Lifecycle Management
7
8.0
Budgeting and Forecasting
8
Project Costing
8
Cost Capture
8
Capital Project Management
8
Customer Contract Compliance
8
Project Revenue Recognition
8
7.8
Project Planning and Scheduling
7
Task Insight for Project Managers
8
Project Mobile Functionality
8
Definable Resource Pools
8
7.6
Bids Analyzed and Compared
7
Contract Authoring
7
Contract Repository
8
Requisitions-to-Purchase Orders Integrated
8
Supplier Management
8
Risk Management ()
Not Rated
Logistics ()
Not Rated
Manufacturing ()
Not Rated
8.0
Forecasting
7
Inventory Planning
8
Performance Monitoring
9
Product Lifecycle Management ()
Not Rated

Decision Factors & Implementation

Yes - It replaces Oracle EBS at my customer end where we implemented. Customer did customization at Oracle EBS and achieving similar functionality was challenge and we could able to achieve it.
While ERP cloud can be considered as natural successor of Oracle EBS if customer want to move to the cloud but many times it may not be easy, therefore customer also move EBS to oracle cloud infrastructure (OCI).
But if moving to ERP cloud is possible, customer should strive to do so as it can turn out to be best TCO and low in maintenance.
  • Price
  • Product Features
  • Existing Relationship with the Vendor
  • Analyst Reports
Here are factors -
1. organization direction to move to cloud. Most of the applications should move to cloud.
2. save cost on hosting and maintenance of eBS instance
3. 99% up time. No downtime for upgrades and patches
4. Analysis on the product provided that with the implementation of ERP Cloud, similar functionality can be achieved
5. our organization helped customer to take this decision