IQMS Enterprise IQ vs Oracle E-Business Suite comparison

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Executive Summary

We performed a comparison between IQMS Enterprise IQ and Oracle E-Business Suite based on real PeerSpot user reviews.

Find out what your peers are saying about SAP, Microsoft, Oracle and others in ERP.
To learn more, read our detailed ERP Report (Updated: March 2024).
763,955 professionals have used our research since 2012.
Featured Review
Quotes From Members
We asked business professionals to review the solutions they use.
Here are some excerpts of what they said:
Pros
"This solution has all of the features you need: sales, distribution, supply chain. It has logistics and production management capabilities. It has so many modules, which were integrated using our expertise."

More IQMS Enterprise IQ Pros →

"Oracle E-Business Suite is a stable product.""Oracle's technical support is better than others.""Very flexible in terms of configurations and it's capable of integrations.""It can be an essential solution for those who can not just push to the cloud because they have critical data restrictions.""It's quite secure and fast, and we get an end-to-end solution.""When correctly configured, this is a very stable solution. We have customers running their process automation manufacturing based off of this solution.""The integration of the various modules is definitely the most valuable feature for us. Our clients being business-minded, which involves customers and suppliers.""I like that one system covers everything."

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Cons
"Setup is very complex."

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"On-site cloud support is slow and unresponsive.""The simplicity of the user experience needs to be improved tremendously.""User interface is outdated and not user friendly.""I would rate the support for Oracle E-Business Suite a four out of five.""From the business processes, there are areas where you could streamline new processes.""Oracle E-Business Suite uses an old technology (Forms), which is Java-based.""Pricing is the biggest disadvantage of Oracle.""I would like an end-to-end in terms of processes. There are different modules, however, there's not that end-to-end that we are looking for in terms of process automation."

More Oracle E-Business Suite Cons →

Pricing and Cost Advice
  • "We paid about 20% with the purchase order. Six months later, we paid another 20%, and then another 20% after another six months. We paid the remaining 40% after 18 months."
  • More IQMS Enterprise IQ Pricing and Cost Advice →

  • "Find a best Oracle partner and get a better discount."
  • "Oracle scales the pricing, but E-Business Suite is still very expensive for small to mid-sized businesses."
  • "It costs too much."
  • "The pricing is high."
  • "In order to minimize the implementation and consultancy costs, business lines should have proper definitions. They need to have a proper way of retrieving their data, which should be structured well."
  • "Both the current projects and future projects should be defined well. Licensing should be done according to current and near future plans."
  • "USD $100,000 annually."
  • "Considering the market at the moment, Oracle needs to adjust the pricing of this solution."
  • More Oracle E-Business Suite Pricing and Cost Advice →

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    Questions from the Community
    Top Answer:This solution has all of the features you need: sales, distribution, supply chain. It has logistics and production management capabilities. It has so many modules, which were integrated using our… more »
    Top Answer:We paid about 20% with the purchase order. Six months later, we paid another 20%, and then another 20% after another six months. We paid the remaining 40% after 18 months.
    Top Answer:This solution has all of the features you need: sales, distribution, supply chain. It has logistics and production management capabilities. It has so many modules, which were integrated using our… more »
    Top Answer:Its drag-and-drop features make data distribution a breeze.
    Top Answer:Oracle E-Business Suite is pricey, but it is worth the money. I would rate it as an eight out of ten in terms of costliness.
    Top Answer:The only thing that could be improved is the pricing. It is on the expensive side.
    Ranking
    22nd
    out of 66 in ERP
    Views
    703
    Comparisons
    349
    Reviews
    1
    Average Words per Review
    472
    Rating
    8.0
    5th
    out of 66 in ERP
    Views
    8,268
    Comparisons
    5,894
    Reviews
    26
    Average Words per Review
    543
    Rating
    7.9
    Comparisons
    Also Known As
    Enterprise IQ
    Oracle EBS, OEBS
    Learn More
    IQMS
    Video Not Available
    Overview
    IQMS provides manufacturers with a reliable, real-time Enterprise Resource Planning (ERP) software developed especially for manufacturing processes. Whether you are a small, single plant manufacturer or a large multi-plant, global manufacturer, IQMS has a manufacturing-specific ERP solution to fit your needs. Due to the comprehensive nature of the system, the EnterpriseIQ ERP Software solution becomes the backbone for manufacturers to monitor, track, trace and communicate business and manufacturing activities and data throughout the supply chain faster than any other software on the market today. The scalable, modular architecture of EnterpriseIQ provides manufacturers the flexibility to take advantage of more advanced ERP software and manufacturing software features and functionality when needed.

    Oracle E-Business Suite (EBS) is considered the most extensive offering of amalgamated worldwide business applications available. Oracle EBS helps facilitate medium to large business enterprise organizations with the ability to enhance critical decision-making processes, streamline business procedures, minimize costs, and improve overall performance and productivity.

    Oracle EBS runs as a complement to Oracle Database software. The applications serve to automate such processes as supply chain management (SCM), human resource management (HRM), customer relations management (CRM), project portfolio management (PPM), financial management, service management, and more.

    Oracle EBS runs best in the cloud. It is a cost-saving option that offers greater productivity and can immediately and easily respond to changing dynamic business needs with an intuitive, automated scalable cloud infrastructure.

    Below are some of the valuable features of popular application offerings available within Oracle EBS:

    Supply Chain Management (SCM): Every possible supply chain process can be fully automated, from planning, creation, and appropriation to development and fulfillment, delivering a comprehensive solution application to ensure organizations have robust, intelligent-driven, value-added chains. Some applications include:

    • Manufacturing
    • Value Chain Planning and Execution
    • Procurement and Fulfillment
    • Lifecycle Management
    • Business Intelligence and Analytics

    Human Resource Management (HRM): The solution offers a sturdy group of outstanding human resource processes that enable users to improve productivity, enhance overall business performance, and lower TCO. Some processes include:

    • Workforce Management
    • Talent Management
    • Global Personnel Policy Management
    • Human Resource Analytics

    Customer Relations Management (CRM): This application provides for a streamlined, unique global gathering of information that will ensure all selling channels are continually following the organization's objectives and protocols. Some features include:

    • Oracle Service
    • Oracle Marketing
    • Oracle Order Management
    • Oracle Channel Revenue Management

    Project Portfolio Management (PPM): Oracle EBS provides a comprehensive, full lifecycle offering of project and portfolio management. Users get a single fully transparent view of all project-related ventures coupled with a superb performance process that grants users the ability to choose the best, most dynamic portfolio ventures.

    • Project Collaboration
    • Project Management
    • Project Analytics
    • Project Cost
    • Project Billing

    Financial Management: Users are able to perform more effectively, improve productivity and efficiency, develop productivity tools and integrated performance management, and develop processes for shared services to reduce overall operating costs. Some features include:

    • Asset Lifecycle Management
    • Financial Control and Reporting
    • Travel and Expense Management
    • Lease and Finance Management
    • Risk Management and Compliance

    Service Management: This application allows users access to the best data necessary to provide correct, precise, reliable information to their clients to ensure that every expectation is exceeded and consistently satisfied.

    • Inbound and outbound telephony
    • Project Collaboration
    • Project Cost
    • Billing
    • Project Management

    Reviews from Real Users:

    Kopano R., Freelancer at a tech services company, says, “What I found most valuable in Oracle E-Business Suite is the patching because it is straightforward. As long as you follow Oracle's best practices, you are able to finish the task of patching without a problem. I like that it's also easy to add products, e.g. if you want to add on financials, you can, or if you don't have financials, you can expand on that. I like that Oracle E-Business Suite is really scalable.”

    Mohammed G., Senior Oracle Application Consultant at a comms service provider, writes, “Oracle E-Business Suite consists of a lot of streams, such as financial and HR processes of the enterprise companies. We are using most of the Oracle financial modules, and we have an Oracle stream, FI procurement stream, and HR streams, which have a lot of applications. Oracle E-Business Suite has over 20 different modules to choose from, it is comprehensive. Additionally, the integration is very good. “

    Sample Customers
    Poly-Cast, Custom Profile, Nicolet Plastics, Double H Plastics Inc., Network Plymers, Load Trail, Mar-Bal Inc., Donnelly, Steinwall Scientific, Nissen Chemitec America, Miniature Precision Components
    Colab, Portobello, Saudi Telecom Company, DG Khan Cement, Dubai Holding
    Top Industries
    VISITORS READING REVIEWS
    Manufacturing Company16%
    Healthcare Company13%
    Computer Software Company13%
    Construction Company8%
    REVIEWERS
    Comms Service Provider13%
    Energy/Utilities Company7%
    Local Government6%
    Pharma/Biotech Company6%
    VISITORS READING REVIEWS
    Educational Organization56%
    Computer Software Company6%
    Manufacturing Company5%
    Financial Services Firm4%
    Company Size
    VISITORS READING REVIEWS
    Small Business33%
    Midsize Enterprise20%
    Large Enterprise47%
    REVIEWERS
    Small Business22%
    Midsize Enterprise16%
    Large Enterprise62%
    VISITORS READING REVIEWS
    Small Business11%
    Midsize Enterprise60%
    Large Enterprise29%
    Buyer's Guide
    ERP
    March 2024
    Find out what your peers are saying about SAP, Microsoft, Oracle and others in ERP. Updated: March 2024.
    763,955 professionals have used our research since 2012.

    IQMS Enterprise IQ is ranked 22nd in ERP with 1 review while Oracle E-Business Suite is ranked 5th in ERP with 25 reviews. IQMS Enterprise IQ is rated 8.0, while Oracle E-Business Suite is rated 7.8. The top reviewer of IQMS Enterprise IQ writes "Allows customization for production and has good sales, distribution, and quality management features". On the other hand, the top reviewer of Oracle E-Business Suite writes "Flexible and has competitive licensing costs, but its design needs to be optimized based on usage patterns and the response time from the support team could be faster". IQMS Enterprise IQ is most compared with SAP ERP, Microsoft Dynamics 365 Business Central and JD Edwards EnterpriseOne, whereas Oracle E-Business Suite is most compared with SAP ERP, Oracle HCM Cloud, SAP S/4HANA, NetSuite ERP and Salesforce Sales Cloud.

    See our list of best ERP vendors.

    We monitor all ERP reviews to prevent fraudulent reviews and keep review quality high. We do not post reviews by company employees or direct competitors. We validate each review for authenticity via cross-reference with LinkedIn, and personal follow-up with the reviewer when necessary.