Oracle ERP Cloud - end-to-end business management solution for global organizations.
August 26, 2020

Oracle ERP Cloud - end-to-end business management solution for global organizations.

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

Modules Used

  • Oracle Financials Cloud

Overall Satisfaction with Oracle Cloud ERP

Oracle ERP Cloud is a robust Enterprise Resource Planning system with mature, flexible, and configurable software functionality to support every business function in the enterprise. Oracle ERP cloud provides a complete enterprise suite of products, including risk, procurement, financial, and ERM. Oracle ERP Cloud has a support of vibrant integration and implementation partners network.
  • Straightforward pricing, and that's a very welcomed changed from other products/providers. Oracle ERP Cloud offers a simple enterprise pricing with three price/functionality levels.
  • Support for modern technologies, such as AI, blockchain, and robotic process automations.
  • Robust and vibrant ecosystem of implementation, integration, and customization consultants.
  • Extensive list of business functions supported.
  • Mobile support could greatly benefit from native iOS/Android apps.
  • Manufacturing and supply chain management modules could use additional functionality.
Oracle ERP cloud is end-to-end business management solution, and have a number of notable features that allow to provide single pane of glass dashboards and reporting necessary to support data driven decision making in the enterprise. Oracle Project Financial Management cloud is a great way to monitor and control project execution with a set of built-in tools and procedures. Risk Management cloud adds ability to manage financial compliance. Oracle ERP Cloud comes with a Procurement Cloud module that allows to provide employees with self-serve procurement portal with provisions to enforce corporate procurement policies, and manage supplier risk.
  • As we upgraded from Oracle EBS, moving to Oracle ERP Cloud allowed us to streamline infrastructure costs associated with on-prem deployments.
  • Localization features allowed Oracle ERP cloud to be deployed globally, as all-encompassing enterprise solution.
  • Streamlined, modern user interface of Oracle ERP cloud made training and transition a manageable task.
Switching from on-prem implementation of Oracle Electronic Business Suite (EBS) to public cloud hosted Oracle ERP Cloud solution allowed us to forego capital expenditures for the hardware refresh cycle as well as to go without with costs associated with patching and upgrading on-premise software, as Oracle maintains its cloud software on a 90 days rolling upgrade schedule.
Oracle ERP Cloud offers solid solution in financials and Enterprise Performance Management, building on years, even decades, of Oracle Electronic Business Suite experience. Oracle Financial Cloud is an all-inclusive, global, secure, scalable financial management system. Risk Management Cloud provides risk control repository aimed at decreasing financial reporting risk. This is in addition to Oracle Financial Cloud's support for the external reporting. Global organization support is built into the suite, offering localization for over a dozen of languages and currency conversions.

Oracle Cloud ERP Feature Ratings

Accounts payable
10
Accounts receivable
10
Global Financial Support
10
Primary and Secondary Ledgers
10
Intercompany Accounting
9
Localizations
10
Journals and Reconciliations
10
Enterprise Accounting
10
Configurable Accounting
9
Centralized Rules Framework
9
Standardized Processes
10
Automated Invoice Processing
9
Shared Services Payments
9
Billings Management
9
Customer Receipt Applications
9
Customer Collections
8
Revenue Recognition
10
Cash Management
10
Budgetary Control & Encumbrance Accounting
10
Period Close
9
Transactions Tax
9
Subledger Reconciliations
9
Dashboards
10
Standard reports
10
Custom reports
10
Role-based user permissions
10
Single sign-on capability
10
Budgeting and Forecasting
10
Project Costing
9
Cost Capture
9
Capital Project Management
10
Project Planning and Scheduling
10
Project Manager Dashboard
10
Resource Manager Dashboard
10
Task Insight for Project Managers
9
Project Manager Mobile Functionality
8
Team Member Task Collaboration
8
Team Member Mobile Functionality
8
Project Candidate Search
8
Project Candidate Comparison and Analysis
8
Defineable Resource Pools
8
Defineable Resource Pools
8
Talent Profiles
8
Real-Time Project Reporting
9
Absence Management
8
Product Lifecycle Management
10
Sourcing Team Collaboration
10
Sourcing Analysis
10
Bids Analyzed and Compared
10
Catalog Shopping E-Commerce for Employees
10
Contract Authoring
9
Contract Compliance Management
9
Contract History
9
Contract Renewal Automation
9
Contract Repository
9
Contract Standardization and Enforcement
9
Electronic Signatures
10
Invoice Automated Matching
10
Purchasing Risk and Compliance Management
9
Requisitions-to-Purchase Orders Integrated
9
Spend Compliance Management
9
Supplier Assessment
9
Supplier Communication and Collaboration
9
Supplier Management
9
Supplier Portal
9
Risk Repository
10
Control Management
10
Control Mapping
10
Control Efficiency Assessments
10
Automated Control Assessments
10
Assessment Capture
10
Issue Detection
10
Automatic Notification
10
Remediation and Certification
10
Ideation Management
10
Requirements Management
10
Proposal Management
10
Innovation Portfolio Management
10
Product Master Data Management
10
Vendor Portal
9
Project Portfolio Management
10