Defending Champion of the Magic Quadrant Proves Itself Again!
Updated October 02, 2019

Defending Champion of the Magic Quadrant Proves Itself Again!

Anonymous | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User

Modules Used

  • Oracle Risk Management Cloud

Overall Satisfaction with Oracle ERP Cloud

Oracle ERP Cloud is being solely used by our Finance department. As our organization started to grow, we quickly realized that we needed a robust and reliable platform that can handle all of our financing needs. Oracle ERP Cloud solves a variety of fundamental finance-related problems such as: planning finance, ensuring governance, managing accounts, managing risks, and reporting of taxes.
  • Enterprise-grade security...period. There is no worse casualty an organization can face other than data theft.
  • Reasonably priced, so it does not empty the organization's budget. The price of Oracle ERP Cloud is lower than most of its competitors.
  • Has plugins for all the major databases, making integration of Oracle ERP quick and easy.
  • The user interface isn't necessarily friendly to newcomers. There is definitely a learning curve when it comes to getting used to where all the components and settings are.
  • The stock modules provided may not appeal to all businesses. Our organization had to create custom modules to satisfy our business needs.
  • Lacks localization features that cater to those outside of North America when it comes to legal and fiscal requirements.
  • As mentioned previously, ROI benefited greatly when we dropped the multiple products we were using before, and switched over to Oracle ERP Cloud.
  • Annual cost of ownership decreased due to not needing to purchase software and hardware.
  • Overall, ROI increased by around 5% after we successfully implemented Oracle ERP Cloud.
Compared to Oracle ERP Cloud, SAP ERP falls short in many features. For example, SAP has a rudimentary budgeting tool while Oracle ERP offers Asset Lifecycle Management which is gives organization a much more finer grain control over their financing needs. One area that SAP is better than Oracle ERP is their quality and quantity of HR functions.
Oracle ERP Cloud is well suited for medium-sized businesses and up that are trying to streamline their financing processes on a reliable platform. It is tightly integrated and scalable. If your Finance department is looking to innovate with latest technologies like: AI, AR, ML, IoT, or RPA, Oracle ERP is the perfect solution to your needs.

Oracle Fusion Cloud ERP Feature Ratings

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