The Best All-Rounder for ERP
Alexander Cooper | TrustRadius Reviewer
Updated March 05, 2020

The Best All-Rounder for ERP

Score 8 out of 10
Vetted Review
Verified User
Review Source

Modules Used

  • Oracle Financials Cloud
  • Oracle Revenue Management Cloud
  • Oracle Project Portfolio Management Cloud
  • Oracle Procurement Cloud
  • Oracle Risk Management Cloud

Overall Satisfaction with Oracle ERP Cloud

Oracle ERP Cloud is currently being used in our company alongside Oracle Fusion Cloud and other Oracle products. It is being used organization-wide as well as being sold to customers as part of Fujitsu's consultancy team. Oracle ERP cloud does an excellent job of managing resources and is highly scalable.
  • Scalability from small business units to company-wide usage, cross country and languages.
  • Very easy to integrate with other Oracle tools.
  • Server up-time during set up has been an issue due to configuration problems.
  • Reporting tools in-built are hard to use for first-time consultants such as when I first started as an Oracle Consultant.
As Oracle ERP Cloud is a cloud product, it gets frequent over the air updates, which keep the system secure, as well as offering secure virtual private network (VPN) connection to it to prevent phishing. It also has a mobile app that allows for procurement on the go, however, it is slower compared to on the PC.
  • No need for a data center within the company, which has saved real-estate and power funds.
  • Management/gathering of SLAs and KPIs has increased efficiency and saved a lot of money.
Switching from on-premises to the cloud space wasn't as painless as advertised, however, the return on investment in the change was worth it, as well as improved stability. More frequent and safer updates have calmed nerves, as well as the ability to continue to scale as Fujitsu grows is very profitable.
Not yet, but I'm interested in Oracle user groups - All of the above I am interested in, especially Oracle, as I am working in Robotic Process Automation at the moment, working with Oracle Finance teams to automate the manual process as well as to integrate older legacy systems with newer cloud implementations. I do not know the value of gaining a membership but I'd be eager to try.
Oracle ERP Cloud is cheaper than SAP and offers better integration with other Oracle tools obviously. I am more familiar with Oracle tools therefore I chose Oracle ERP Cloud to work with, and happened to move into a company that uses most of Oracle's cloud tools. I have found that it's easier to integrate RPA with Oracle compared to SAP.
If you have other Oracle tools, especially finance and HR tools already in the cloud, Oracle ERP is incredibly effective at integrating with them. Oracle's cloud services may not be as reliable as Amazon Web Services or Azure, but it is cheaper in most cases and effective. It is less appropriate where you have other packages in place such as with SAP.

Oracle ERP Cloud Feature Ratings

Accounts payable
8
Accounts receivable
8
Global Financial Support
9
Primary and Secondary Ledgers
8
Intercompany Accounting
9
Localizations
5
Journals and Reconciliations
4
Enterprise Accounting
8
Configurable Accounting
5
Centralized Rules Framework
8
Standardized Processes
9
Automated Invoice Processing
5
Shared Services Payments
5
Billings Management
6
Customer Receipt Applications
6
Customer Collections
5
Revenue Recognition
6
Cash Management
8
Asset Management
8
Budgetary Control & Encumbrance Accounting
5
Period Close
5
Transactions Tax
7
Subledger Reconciliations
7
Inventory tracking
4
Automatic reordering
4
Location management
5
Manufacturing module
5
Pricing
9
Order entry
7
Credit card processing
7
Cost of goods sold
7
Order Orchestration
7
End-to-end order visibility
8
Order exception Resolution
5
Dashboards
4
Standard reports
8
Custom reports
4
API for custom integration
9
Plug-ins
9
Role-based user permissions
9
Single sign-on capability
10
Award Lifecycle Management
5
Spending Control
5
Indirect Cost Management
5
Billing
6
Budgeting and Forecasting
6
Project Costing
6
Cost Capture
6
Capital Project Management
6
Customer Invoicing
6
Customer Contract Compliance
6
Project Revenue Recognition
6
Project Financial Performance Analysis
6
Project Financials Dashboard
7
Real-time Financial Reporting
6
Embedded Business Intelligence
6
Project Planning Collaboration
6
Project Planning and Scheduling
5
Project Manager Dashboard
5
Resource Manager Dashboard
5
Task Insight for Project Managers
5
Project Manager Mobile Functionality
5
Team Member Task Collaboration
5
Team Member Mobile Functionality
5
Project Candidate Search
5
Project Candidate Comparison and Analysis
5
Defineable Resource Pools
5
Defineable Resource Pools
5
Talent Profiles
6
Real-Time Project Reporting
6
Absence Management
7
Product Lifecycle Management
7
Sourcing Team Collaboration
7
Sourcing Analysis
5
Contract Authoring
5
Contract Compliance Management
5
Contract History
6
Contract Renewal Automation
5
Contract Repository
5
Contract Standardization and Enforcement
5
Electronic Signatures
7
Purchasing Risk and Compliance Management
5
Requisitions-to-Purchase Orders Integrated
5
Spend Compliance Management
5
Supplier Assessment
5
Supplier Communication and Collaboration
6
Supplier Management
6
Supplier Portal
5
Risk Repository
8
Control Management
7
Control Mapping
7
Control Efficiency Assessments
8
Automated Control Assessments
7
Assessment Capture
5
Issue Detection
6
Automatic Notification
3
Remediation and Certification
5
Transportation Planning and Optimization
5
Transportation Sourcing Management
5
Transportation Process Integration
5
Transportation Execution Management
5
Freight Payment Automation
5
Trade Management
5
Trade Regulatory Compliance Management
5
Customs Entry Management
5
Customs Document Management
5
Customs Document Collaboration
5
Fulfillment Management
5
Inventory Visibility
5
Warehouse Workforce Management
5
Production Process Design
6
Supply Chain Business Flows
6
Production Management
7
Configuration Management
5
Work Definition
6
Work Execution
6
Advanced Fulfillment
5
Manufacturing Costs
5
Forecasting
8
Inventory Planning
8
Multi-tier Supply Chain Planning
7
Performance Monitoring
8
Ideation Management
5
Requirements Management
6
Proposal Management
7
Innovation Portfolio Management
7
Product Master Data Management
7
Vendor Portal
8
Project Portfolio Management
8

Decision Factors & Implementation

Yes - Oracle ERP cloud replace SAP ERP to better integrate with the new suite of Oracle tools in Oracle Fusion Cloud, as well as with Oracle Integration Cloud. It also integrates with our provision of Oracle Single Sign on cloud and the overall suite had a higher Return of Investment than SAP's suite would offer.
  • Price
  • Product Features
  • Product Usability
  • Product Reputation
Product usability was the most important as the integration with other tools was the major selling point. As Fujitsu is such a large company, each sector having different implementations of solutions for Finance etc, they needed to be able to integrate together when reporting and other such activities globally were produced.
Oracle ERP cloud was easier to deploy than the previous SAP solution and easier to integrate with the rest of the Oracle Suite we were using and upgrading to. It was not implemented on time due to server provisioning issues and our implementation team in the UK were not incredibly experienced with Oracle tools.
Yes - We changed some on-premise Oracle software to ERP cloud. The impact to business was a much higher Return of Investment, though the frequent updates did cost extra time and money to start off with during deployment as more changes were needed to be made. However, we were able to save money on fewer IT resources needed to maintain the cloud instance compared to on-premise.