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Oracle ERP Cloud Review

Oracle ERP Cloud
Our score: 9.0 User satisfaction: 99%

What is Oracle ERP Cloud?

Oracle ERP Cloud is an innovative, end-to-end business management solution for organizations of all sizes. It’s a comprehensive cloud-based software that includes modern best practices and built-in industry standards to help businesses streamline enterprise business processes. The platform is designed with simplicity and scalability in mind to automate core business areas which include planning & procurement, financials, reporting, project planning, compliance & governance, product lifecycle, risk management, and more.

It is a fully integrated Enterprise Resource Planning (ERP) that provides a suite of reliable applications designed to lower costs, improve controls, and increase productivity. Oracle ERP Cloud leverages a modern, connected approach with the flexibility and ease of cloud technology to form the backbone of multiple organizations in IT, financial services, marketing, consulting and professional services, telecommunication, sales, pharmaceutical, and engineering fields.

Overview of Oracle ERP Cloud Benefits

Oracle ERP Cloud is a powerful Enterprise Resource Planning (ERP) suite designed to streamline enterprise business processes. It’s a robust platform that delivers the security, functionality, analytics, and integration tools required to run a business successfully. The solution supports multiple ledgers, entities, currencies, and accounting standards thereby allowing you to spread your wings to new markets with ease.

One of its noticeable modules is the Oracle Financials Cloud. This is an all-inclusive, scalable, and integrated financial management system that offers a cutting-edge reporting solution built on an analytic data model. The module generates timely, accurate, and consistent data to support the external reporting and management. It offers far-reaching support for global organizations in a wide variety of industries.

Another likable module is the Oracle project financials management cloud. This is an enterprise-grade system for project-centric organizations that keeps you informed and in control with comprehensive project financial management. The project management cloud offers reliable project execution tools and procedures that can be deployed with the existing solutions or the Oracle Cloud suite.

Additionally, Oracle ERP Cloud comes with a Procurement Cloud module. The procurement module features a self-service portal designed for fast and flexible contract billing and a supplier portal that makes it easy to collaborate with suppliers to select the best, enforce policies, and manage supplier risk. It streamlines the source-to-pay process via social collaboration and automation while minimizing costs to achieve higher margins.

Better still, there is a Risk Management Cloud designed to streamline and manage financial compliance. The module features a secure, centralized risks control repository aimed at decreasing financial reporting risk.

Overview of Oracle ERP Cloud Features

  • Financial planning and analysis
  • Accounting
  • Order management
  • Enterprise performance management
  • Risk management
  • Revenue recognition
  • Compliance and governance
  • Procurement
  • Inventory and supply chain
  • Financial close
  • Project planning and execution
  • Product lifecycle

Oracle ERP Cloud Position In Our Categories

Because companies have special business wants, it is only sensible they avoid seeking a one-size-fits-all, ideal solution. Be that as it may, it is futile to try to find such an app even among widely used software systems. The correct step to undertake can be to tabulate the numerous major aspects that necessitate deliberation like crucial features, price plans, skill capability of the users, organizational size, etc. The second step is, you must double down on your product research comprehensively. Have a look at some of these Oracle ERP Cloud reviews and explore the other software systems in your list in detail. Such detailed product investigation ensure you stay away from unfit apps and select the system that meets all the aspects you require business requires to realize efficiency.

Position of Oracle ERP Cloud in our main categories:

TOP 100

Oracle ERP Cloud is one of the top 100 Accounting Software products

Oracle ERP Cloud is also listed in the following subcategories:

Organizations have different wants and requirements and no software application can be just right in such a situation. It is pointless to try to find a perfect out-of-the-box software app that meets all your business needs. The intelligent thing to do would be to customize the application for your unique requirements, staff member skill levels, budget, and other factors. For these reasons, do not hasten and invest in well-publicized leading systems. Though these may be widely used, they may not be the perfect fit for your unique needs. Do your homework, check out each short-listed application in detail, read a few Oracle ERP Cloud ERP Software reviews, speak to the seller for clarifications, and finally select the product that presents what you want.

How Much Does Oracle ERP Cloud Cost?

Oracle ERP Cloud Pricing Plans:

Free Trial

Financial Reporting compliance

$175/user/month

Advanced Financial Controls

$80/user/month

Advanced Acces Controls

$150/user/month

Oracle ERP Cloud offers a simple enterprise pricing structure with three plans. Contact the vendor for additional pricing information:

Financial Reporting compliance @ $175/user/month

  • Centralized risk repository
  • Control Management
  • Issue management
  • Assesment and certification

Advanced Financial Controls @ $80/user/month

  • Best practice transactions control
  • Continous monitoring
  • Author new audit rules
  • Manage exceptions

Advanced Acces Controls @ $150/user/month

  • Best practice access controls
  • Continous monitoring
  • Author new access rules
  • Manage exceptions

User Satisfaction

Positive Social Media Mentions 220
Negative Social Media Mentions 1

We realize that when you make a decision to buy ERP Software it’s important not only to see how experts evaluate it in their reviews, but also to find out if the real people and companies that buy it are actually satisfied with the product. That’s why we’ve created our behavior-based Customer Satisfaction Algorithm™ that gathers customer reviews, comments and Oracle ERP Cloud reviews across a wide range of social media sites. The data is then presented in an easy to digest form showing how many people had positive and negative experience with Oracle ERP Cloud. With that information at hand you should be equipped to make an informed buying decision that you won’t regret.

Video

Technical details

Devices Supported

  • Windows
  • Linux
  • Mac
  • Web-based

Deployment

  • Cloud Hosted

Language Support

  • English
  • Chinese
  • German
  • Japanese
  • Spanish
  • French
  • Russian
  • Italian
  • Dutch
  • Portugese
  • Polish
  • Turkish
  • Swedish

Pricing Model

  • Monthly payment

Customer Types

  • Large Enterprises
  • Medium Business

What Support Does This Vendor Offer?

  • email
  • phone
  • live support
  • training
  • tickets

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Oracle ERP Cloud Comparisons

Oracle ERP Cloud user reviews

A Cutting Edge Solution For Managing Projects

Read full review >
Magnus
4/5

Overall impression

3/5

Customer Support

4/5

Value for Money

4/5

Ease of Use

Published on: 13.10.2019 Company Size: Industry: Real Estate

An Amazing Experience

Read full review >
Osborne
4/5

Overall impression

4/5

Customer Support

3/5

Value for Money

3/5

Ease of Use

Published on: 26.09.2019 Company Size: Industry: N/A

Oracle Financials Cloud is the best solution for businesses in any industry

Read full review >
Gunner
5/5

Overall impression

4/5

Customer Support

5/5

Value for Money

5/5

Ease of Use

Published on: 24.09.2019 Company Size: More than 100 Employees Industry: Financial Services

First time user

Read full review >
Tatum
4/5

Overall impression

4/5

Customer Support

4/5

Value for Money

3/5

Ease of Use

Published on: 23.09.2019 Company Size: Industry: N/A

One comprehensive tool for managing all financial activities

Read full review >
Suzanne
4/5

Overall impression

4/5

Customer Support

3/5

Value for Money

3/5

Ease of Use

Published on: 22.09.2019 Company Size: Industry: N/A

What are Oracle ERP Cloud pricing details?

Oracle ERP Cloud Pricing Plans:

Free Trial

Financial Reporting compliance

$175/user/month

Advanced Financial Controls

$80/user/month

Advanced Acces Controls

$150/user/month

Oracle ERP Cloud offers a simple enterprise pricing structure with three plans. Contact the vendor for additional pricing information:

Financial Reporting compliance @ $175/user/month

  • Centralized risk repository
  • Control Management
  • Issue management
  • Assesment and certification

Advanced Financial Controls @ $80/user/month

  • Best practice transactions control
  • Continous monitoring
  • Author new audit rules
  • Manage exceptions

Advanced Acces Controls @ $150/user/month

  • Best practice access controls
  • Continous monitoring
  • Author new access rules
  • Manage exceptions

What integrations are available for Oracle ERP Cloud?

No information provided

Oracle ERP Cloud average rating:

Average score
4.2/5 (7 user reviews)
4/5

Overall impression

5/5

Customer Support

4/5

Value for Money

4/5

Ease of Use

Write your own review of this product

ADD A REVIEW

The most favorable review

Gunner

PROS: Oracle Financials Cloud has many modules that range from General Ledger, Accounts Payables, and Accounts Receivables to CRM, HR Management, and Payroll. Apart from the standard financial and business management modules, it also includes specialty components. And having been in the business for many years, Oracle has got what it takes to create an ERP that meets the needs of any kind of organization.

CONS: Require above-average tech skills. Companies with no resident IT will have trouble with it. Luckily, we do, so I'm not complaining. One more, if there's a way I can number tasks, that'll be great.

Reviewed 5 months ago

Read full review >

The least favorable review

Suzanne

PROS: Oracle Financials Cloud has a wide variety of useful tools that include payment processing. Because of this, it allows our company to accept different modes of payment like EFT, positive pay, and check. The software also lets us configure the PO and the formats of review prints. Its reporting module is flexible while other modules can integrate with third-party software in our network.

CONS: We have been using Oracle Financials Cloud for several years now but with every update, there is little change. Though the integrated tools are magnificent, Oracle should work harder in improving the platform. There is also the issue of the Oracle Fixed Assets Module. It shows an error for most times when I use it. Oracle eBusiness supports Vertex and Taxware only, which is limiting for us.

Reviewed 5 months ago

Read full review >

More reviews from 7 actual users:

Sort by:

Latest
  • Latest
  • Most useful
  • Most positive
  • Most negative

A Cutting Edge Solution For Managing Projects

Read full review >
Magnus
4/5

Overall impression

3/5

Customer Support

4/5

Value for Money

4/5

Ease of Use

Published on: 13.10.2019 Company Size: Industry: Real Estate

PROS: The Oracle Project Management Cloud is a BI, mobile, and social collaboration tool rolled into one. It’s all you need to effectively manage projects. It has a customizable and amazing interface and scalable. It also offers alerts or notification features which have been a great help to our project managers. It keeps them updated on critical project details like misplaced timecards, due dates, etc.

CONS: Stability of the platform can be a concern but you can also notice the software provider’s constant effort in making everything great.

What do you think about this review? Great Poor

An Amazing Experience

Read full review >
Osborne
4/5

Overall impression

4/5

Customer Support

3/5

Value for Money

3/5

Ease of Use

Published on: 26.09.2019 Company Size: Industry: N/A

PROS: The platform comes with an embedded dashboard where our transaction is displayed, so we can see the data with ease. Being in the cloud is indeed amazing. Aside from that, the platform brings together new capabilities for several different ERP and it made the application really powerful.

CONS: Oracle Cloud’s LOV needs so much improvement. There are also instances that whenever we enter values quickly, the data gets corrupted and the only option is to redo everything.

What do you think about this review? Great Poor

Oracle Financials Cloud is the best solution for businesses in any industry

Read full review >
Gunner
5/5

Overall impression

4/5

Customer Support

5/5

Value for Money

5/5

Ease of Use

Published on: 24.09.2019 Company Size: More than 100 Employees Industry: Financial Services

PROS: Oracle Financials Cloud has many modules that range from General Ledger, Accounts Payables, and Accounts Receivables to CRM, HR Management, and Payroll. Apart from the standard financial and business management modules, it also includes specialty components. And having been in the business for many years, Oracle has got what it takes to create an ERP that meets the needs of any kind of organization.

CONS: Require above-average tech skills. Companies with no resident IT will have trouble with it. Luckily, we do, so I'm not complaining. One more, if there's a way I can number tasks, that'll be great.

What do you think about this review? Great Poor

First time user

Read full review >
Tatum
4/5

Overall impression

4/5

Customer Support

4/5

Value for Money

3/5

Ease of Use

Published on: 23.09.2019 Company Size: Industry: N/A

PROS: I really like the choices that are available to me from the tool's Sourcing module. The RFQ component made it easier for us to find suppliers. The punchouts feature also made working without suppliers easier since we didn't have to leave the tool to look through their websites. I think with this tool we don't need to look at other solutions anymore.

CONS: I haven't used the tool long enough to come up with things to dislike about it. I enjoyed all the features that came with the solution during the time that I used it.

What do you think about this review? Great Poor

One comprehensive tool for managing all financial activities

Read full review >
Suzanne
4/5

Overall impression

4/5

Customer Support

3/5

Value for Money

3/5

Ease of Use

Published on: 22.09.2019 Company Size: Industry: N/A

PROS: Oracle Financials Cloud has a wide variety of useful tools that include payment processing. Because of this, it allows our company to accept different modes of payment like EFT, positive pay, and check. The software also lets us configure the PO and the formats of review prints. Its reporting module is flexible while other modules can integrate with third-party software in our network.

CONS: We have been using Oracle Financials Cloud for several years now but with every update, there is little change. Though the integrated tools are magnificent, Oracle should work harder in improving the platform. There is also the issue of the Oracle Fixed Assets Module. It shows an error for most times when I use it. Oracle eBusiness supports Vertex and Taxware only, which is limiting for us.

What do you think about this review? Great Poor

A concise review of Oracle Financials Cloud

Read full review >
Gladys
5/5

Overall impression

4/5

Customer Support

5/5

Value for Money

4/5

Ease of Use

Published on: 14.09.2019 Company Size: Industry: N/A

PROS: I have discovered three pros in using this software. First, it lets users oversee their projects from all aspects using a single system because it has the necessary tools that allow comprehensive management. The platform’s interface is also modern and is cloud-based. Second, Oracle Financials Cloud is an all-inclusive software. It has tools that let us configure it for our industry and also lets us scale. Third, the software’s website is user-friendly and allows us to save our custom templates. Because of this, we do not have to start from scratch when we are filling up our timecards with the project number since it is already there. I also like how the software tells us how much paid time off we have accumulated and that when I make an error on my submitted timecard, I can edit and resubmit it. Oracle Financials Cloud works greatly when set up properly by a knowledgeable person and I highly recommend this to other companies. It has a seamless interface and anyone can navigate it with ease.

CONS: The software is heavy in terms of size and it needs a technical hand when configuring for the first time. Aside from that, there is nothing more that I do not like about it. However, it is difficult when you have numerous projects and are unaware of the project number that you are looking for.

What do you think about this review? Great Poor

Saves you time and incredibly effective

Read full review >
Janice
4/5

Overall impression

4/5

Customer Support

3/5

Value for Money

3/5

Ease of Use

Published on: 22.08.2019 Company Size: Industry: N/A

PROS: When I started using this, I found it easier to organize our data and keep our work process and tasks simple and effective. Add to that its social collaboration and automation features, and we were able to cut down on costs, which in turn allowed us to get higher profit margins. Another way it helped us bring down costs was through its integrations and compatibility with a lot of other systems. Because of its compatibility, we didn't have to overhaul any existing systems we already had in place. We were also able to work efficiently because their cloud service quality is top-notch.

CONS: This tool could use some tweaks when it comes to visuals, because some of the interface's left over screens aren't exactly easy on the eyes. I think the search engine could also be improved.

What do you think about this review? Great Poor
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Reviewed By Nestor Gilbert
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