Oracle Fusion Cloud ERP vs PeopleSoft comparison

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Executive Summary

We performed a comparison between Oracle Fusion Cloud ERP and PeopleSoft based on real PeerSpot user reviews.

Find out what your peers are saying about NetSuite, Oracle, SAP and others in Cloud ERP.
To learn more, read our detailed Cloud 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
"It provides our management a real-time view of operations.""The solution is scalable and very stable. You don't need to worry about the underpinning infrastructure.""It is easy and very convenient for clients to go to the front end and check whatever update they want to look at.""I like the tool’s financial and human capital management features.""The solution is approximately 70 percent scalable. We have more than 100 people using the solution in my organization.""I find the most valuable feature for the solution to be the company is always evolving by making the product better with continual updates.""The main component is Oracle Financial. It is one of the most comprehensive financial solutions available on the market.""Oracle ERP Cloud is a stable solution."

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"The recruiting is most valuable. It saves time in having easy and fast applicants tracking as well as candidates' contact plus pipeline management.""Its user interface is impressive.""Job data is a valuable feature.""It's a mature product.""The feature that I have found most valuable is having the sources so that you're able to adapt the product to your needs. That was a big benefit.""Flexibility in configuration.""It is a very stable ERP solution. It is also supported on Oracle Cloud and provides extensive features.""The most valuable feature is that it's easy to use."

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Cons
"I would like to improve the tool’s budgeting and reporting. I know that Oracle is working on the tool’s analytics part so I expect the analytical feature in its future releases.""The Oracle ERP Cloud accounts payable could be improved.""One disadvantage is that we don't have immediate access to evaluate or fix data that is not in the app until we own the database.""I would like to see an improved approach to pulling data with VDI.""In terms of areas for improvement, there are still a lot of other features that need to be incorporated into the future releases of Oracle ERP Cloud. We're hoping those would come soon because they're available in other ERP systems. For example, we used to have a lot of AME customizations in the BPM, but now we have a very limited scope, so it would be great if we could extend our scope. Currently, we are working with product teams to get through some of those solutions, and how we could implement them, so we have some workarounds to deal with, but we still have a long road ahead.""The interface could be improved in future releases.""The stability is not as good as Informatica, but this is very good.""UI is not very presentable for a cloud solution."

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"We have already deployed it and we have had it for several years but we are switching to a modern HCM SaaS cloud product.""In my opinion, it needs more performance, maybe something technical related, because it's very slow for us and even small activities take a while.""It would be nice if it became even more declarative in its development.""Having applications which provide more enhanced features and user-friendly elements.""The Time and Labor module is not that flexible.""Initial setup can be complex without training or use of consultants.""The solution's initial setup is not straightforward.""Stability is an area where the solution lacks and needs to be improved."

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Pricing and Cost Advice
  • "It is too costly."
  • "The solution is expensive and there are some services that are extra costs."
  • "For an ERP Cloud, the pricing is relatively high."
  • "We have an annual license with Oracle, however if we need additional features we do pay for them."
  • "The pricing for Oracle ERP Cloud is on par with other top solutions."
  • "In a developing country such as Bangladesh, Oracle ERP Cloud is expensive compared to on-premise solutions, so the turnover is very low. Customers become more comfortable using on-premise services because of the high subscription costs of Oracle ERP Cloud."
  • "The price of the solution is expensive. There are additional costs associated with this particular case that must be taken into consideration when calculating the overall expense. These costs may include but are not limited to, additional materials, labor, and other miscellaneous expenses that may arise during the course of the project. It is important to note that these additional costs may exceed the initial pricing estimate."
  • "We pay additional costs to a consulting company."
  • More Oracle Fusion Cloud ERP Pricing and Cost Advice →

  • "Check all options before a decision is made."
  • "It's approximately $3,000,000 to $4,000,000 USD per year."
  • "The licensing cost for PeopleSoft is 3,500 per course and the annual subscription fee is 6,500."
  • "I don't know if they are still providing licenses or if they have suspending licenses."
  • "There are no additional costs for licensing."
  • "We are a University and the cost and license are negotiated privately."
  • "The main issue we have with the solution is that it is very expensive."
  • "One of the cheapest solutions available and also one of the best."
  • More PeopleSoft Pricing and Cost Advice →

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    Questions from the Community
    Top Answer:Oracle ERP Cloud is a well-established and well-known product that is cost-effective for the customer.
    Top Answer:The solution is moderately priced, where it is neither expensive nor cheap.
    Top Answer:While loading the dump data, if you have to import more than ten MB of data, there is no specific application to do it directly. You have to find another mechanism to go with the ERP. If you go for… more »
    Top Answer:Although both are solutions to manage HR, their differences make each one suitable for different companies Oracle Cloud HCM is a platform for connecting all human resource processes in your… more »
    Top Answer:Stability-wise, it is a good tool.
    Top Answer:I would rate the pricing an eight out of ten, with ten being expensive. It is an expensive product.
    Ranking
    2nd
    out of 18 in Cloud ERP
    Views
    2,943
    Comparisons
    2,167
    Reviews
    17
    Average Words per Review
    373
    Rating
    8.1
    11th
    out of 66 in ERP
    Views
    3,019
    Comparisons
    2,587
    Reviews
    15
    Average Words per Review
    422
    Rating
    7.9
    Comparisons
    Learn More
    Overview

    Oracle Fusion Cloud ERP offers a complete, innovative, and proven solution for organizations of all sizes. Oracle Fusion Cloud ERP is a comprehensive, modern solution on a single cloud platform that includes built-in industry standards and modern best practices. 

    Oracle Fusion Cloud ERP provides your teams with advanced capabilities, such as AI to automate the manual processes that slow them down, analytics to react to market shifts in real time, and automatic updates to stay current and gain a competitive advantage.

    Designed with scalability in mind, Oracle Fusion Cloud ERP manages core business areas including:

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

    ERP software is the backbone of many organizations and Oracle offers a modern, connected approach combined with the ease and flexibility of the cloud. Oracle Fusion Cloud ERP delivers the functionality, analytics, security, mobile capabilities, and social collaboration tools needed to run a business today.

    Why Customers Choose Oracle Fusion Cloud ERP:

  • Predict, detect, and act on new situations

    No one likes big deltas between forecasts and actuals. Most models though are too limited, relying on sample datasets or just gut feel. Oracle Cloud ERP introduces machine-learning to predictive planning and forecasting so you can utilize broader datasets, reveal hidden bias, uncover significant deviations, and speed your overall response time.

  • Automate and eliminate your manual business processes

    Spend less time compiling data and more time understanding what it tells you. Whether preparing your narrative for the street or assessing potential M&A activity, Oracle Cloud ERP gives your team more time for strategic work by automating the most time-consuming, mundane business processes. With AI, up to 96% of transactions can be automated.

  • Simplify and speed everyday work

    Oracle’s AI-powered digital assistant simplifies and speeds common tasks, allowing you to ask simple questions like “what’s the status of my open purchase requisitions?” and “what reconciliations are due today?” Personalized tasks like invoices or over-budget notifications are delivered to you proactively, so approvals move faster too.

  • Launch new business models, faster

    Staying ahead of customer trends and emerging competitors gets harder every day. With Oracle cloud ERP, it's easier to identify and launch new business models—and monitor results in real time so you can constantly refine your approach. Paired with machine learning insights like customer churn, you'll predict and avoid problems before they can do harm.

  • PeopleSoft is an ERP solution that provides businesses with tools for managing their entire workforce including human resources and financial operations, such as payroll, benefits, talent management, and supply chain management. Originally developed by PeopleSoft, Inc., and later acquired by Oracle Corporation, the software helps address talent management needs and maximize employee productivity and efficiency.

    PeopleSoft Features

    PeopleSoft has many valuable key features. Some of the most useful ones include:


    • Simple and intuitive: PeopleSoft HCM delivers a clean, consistent, and user-friendly design, resulting in greater user satisfaction that leads to higher adoption without the high cost of training employees.


    • Anywhere, anytime mobility: With mobile devices being such an integral part of today’s modern work life, PeopleSoft offers today’s mobile and wireless managers and employees an effective and secure method for accessing the information they need, with the ability to effectively execute HR transactions from anywhere, at any time.


    • Flexible and configurable: PeopleSoft enables you to leverage a single application optimized for all form factors that works on any mobile device – no need for separate applications for mobile and desktop.


    • Robust: Because the solution is robust, you can use it to increase retention and improve employee engagement.


    • Powerful and actionable, embedded analytics: PeopleSoft’s actionable, embedded analytics help you spend less time gathering data and more time analyzing and executing employee data.



    PeopleSoft Benefits

    There are many benefits to implementing PeopleSoft. Some of the biggest advantages the solution offers include:


    • Greater employee satisfaction: Users will find PeopleSoft’s software easy to use, leading to better productivity levels and also increased employee satisfaction.


    • Manage dynamic workforce: The solution provides secure access to employee information so users can manage essential HR functions effectively.


    • Increased administrator productivity: PeopleSoft empowers employees and managers by enabling them to execute common HR tasks so administrators can focus on other top priorities.


    • Quickly make informed decisions: By using PeopleSoft’s embedded, real-time, multidimensional analysis capabilities, users can make more informed business decisions.


    Reviews from Real Users

    PeopleSoft is a solution that stands out when compared to many of its competitors. Some of its major advantages are that it has a lot of functionality and is customizable.

    A Regional Director at a tech services company mentions, “The most valuable feature is that it's wide and broad and it does about everything anybody needs in a major organization from a back-office systems point of view.”

    "PeopleSoft is a good core system. It has a lot of functionality. "They frequently update the solution and recently they have added some good enhancement features for higher education. We just switched to the new fluid interface and that is working very well for us. It is very good," says another reviewer who is an HR/Pay Systems Administrator/Director at a university.


    A Senior Manager for DevOps Infrastructure at a financial services firm, explains why he finds the solution so beneficial: "It is a customizable product. We can customize it based on our needs, which is one of the features that I like about PeopleSoft. As far as financial accounting is concerned, the user interface is very good. You can also configure a Chart of Accounts for all performance insights."

    Sample Customers
    Grupo Aeromexico SAB de CV, Australian Finance Group Ltd., Shelf Drilling Ltd., Boise State University, The Rancon Group, Arin Innovation, PROMATIS software GmbH, KBBO, Delaware Life Insurance, Worthington Industries, Solairus Aviation
    BMI Healthcare, Lone Star College System, Jefferson County Public Schools, Griffith University, Los Rios Community College District, Tervita Corporation, INFRA S.A. de C.V., ICF Habitat, Central Washington University, Tech Mahindra Limited, Cognizant Technology Solutions, Stanford Childrens Health
    Top Industries
    REVIEWERS
    Computer Software Company33%
    University13%
    Energy/Utilities Company13%
    Engineering Company7%
    VISITORS READING REVIEWS
    Educational Organization39%
    Computer Software Company8%
    University6%
    Financial Services Firm5%
    REVIEWERS
    University11%
    Computer Software Company11%
    Financial Services Firm11%
    Manufacturing Company11%
    VISITORS READING REVIEWS
    Computer Software Company11%
    Financial Services Firm10%
    Government9%
    University8%
    Company Size
    REVIEWERS
    Small Business38%
    Midsize Enterprise21%
    Large Enterprise41%
    VISITORS READING REVIEWS
    Small Business14%
    Midsize Enterprise44%
    Large Enterprise42%
    REVIEWERS
    Small Business27%
    Midsize Enterprise17%
    Large Enterprise56%
    VISITORS READING REVIEWS
    Small Business17%
    Midsize Enterprise13%
    Large Enterprise71%
    Buyer's Guide
    Cloud ERP
    March 2024
    Find out what your peers are saying about NetSuite, Oracle, SAP and others in Cloud ERP. Updated: March 2024.
    763,955 professionals have used our research since 2012.

    Oracle Fusion Cloud ERP is ranked 2nd in Cloud ERP with 19 reviews while PeopleSoft is ranked 11th in ERP with 17 reviews. Oracle Fusion Cloud ERP is rated 8.2, while PeopleSoft is rated 8.0. The top reviewer of Oracle Fusion Cloud ERP writes "It has sophisticated financial planning and budgeting modules and is scalable and stable, but it's expensive". On the other hand, the top reviewer of PeopleSoft writes "Comprehensive solution for SCM but requires add-ons for fluid pages". Oracle Fusion Cloud ERP is most compared with NetSuite ERP, SAP S/4HANA, JD Edwards EnterpriseOne, SAP Business One and SAP S/4HANA Cloud, whereas PeopleSoft is most compared with Oracle HCM Cloud, Workday, SAP SuccessFactors, SAP ERP and Oracle E-Business Suite.

    We monitor all Cloud 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.