Oracle ERP Cloud Overview

Oracle ERP Cloud is the #1 ranked solution in our list of top Cloud ERP tools. It is most often compared to Oracle E-Business Suite: Oracle ERP Cloud vs Oracle E-Business Suite

What is Oracle ERP Cloud?

Oracle Enterprise Resource Planning (ERP) Cloud offers a complete, innovative, and proven solution for organizations of all sizes. Oracle ERP Cloud is a comprehensive solution on a single cloud platform that includes built-in industry standards and modern best practices. Designed with scalability in mind, Oracle ERP Cloud 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 ERP Cloud delivers the functionality, analytics, security, mobile capabilities, and social collaboration tools needed to run a business today.

Oracle ERP Cloud 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

Oracle ERP Cloud Video

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Founder & CEO at Business Management Technology (BMT) Co. Ltd.
Reseller
Provides our management a real-time view of operations. Should be built with less complexity.

What is our primary use case?

We are an IT services company, who manages projects teams. Oracle ERP Cloud provides our management a real-time view of operations.

How has it helped my organization?

It gives clear business process integration of our department, like all other ERP systems, but the cloud gives us real-time data.

What is most valuable?

Preconfigured business processes The availability of all languages A lot of implementers

What needs improvement?

It should be built with less complexity and more ability for clients to add screens.

For how long have I used the solution?

One to three years.

What's my experience with pricing, setup cost, and licensing?

It is too costly.
Enterprise & Cloud Solutions Director with 5,001-10,000 employees
Real User
It fosters adoption of a shared services center model

What is our primary use case?

Transforms the finance function with a smart, agile solution implementation. It takes advantage of a best of breed in finance processes available in the application, along with finance and operational information.

How has it helped my organization?

Structured end-to-end processes for faster operational and financial monthly closings. It fosters adoption of a shared services center model.

What is most valuable?

Structured end-to-end financial processes Smooth patches and upgrades which reduce costs and time for having a new version.

What needs improvement?

Localization of functionality for Europe and Latin American countries legal and fiscal requirements, reporting, and integration with tax authorities. Improve support services in the new…
Chief Technology Officer at IT Convergence
Video Review
Real User
Leaderboard
Cloud solutions are more flexible. They require less training than on-premise solutions.

What other advice do I have?

Rating: I would say that in terms of Cloud ERP and Cloud HCM, the solution is about an eight. There is still room [for improvement] in terms of mobile applications and functionality that needs to be developed. In my case, I'm based out of Argentina, so for example, it's very difficult to use, because Oracle Cloud ERP does not meet the global standards, the legal requirements in Argentina and some other countries. That's a matter of the evolution of the software. That's why I think that it will cover the majority of the aspects of a business, but that's why I would consider an eight. The good…
Chairman at Certus Solutions
Real User
Our customers comment positively on the graphic nature of the user interface. Infolets and Infotiles show high-level analytics.

What other advice do I have?

If you're thinking of moving your ERP applications to the cloud, give the Oracle Cloud products a look. Remember that despite being a cloud product, with tools to allow rapid implementations, there is still a 'project' involved, usually with multiple stakeholders with competing requirements! Change Management is still very important. Don't underestimate it!
Director - ERP Cloud at a tech services company with 501-1,000 employees
Consultant
There are two ways of using these Oracle Apps: On-Premise or SaaS
General Manager at a tech services company with 1,001-5,000 employees
Consultant
Oracle Financials helps us manage our cash flow and our fixed assets. On Premises customers are having difficulty getting updates on time.

What other advice do I have?

We would definitely recommend the Oracle ERP platform to them because it would create a lot of added value for them. Having said that, on the backend side, there is a lot of infrastructure to be developed. Our advice is to work from a different context: either put the backend application on their own cloud, or come up with their own infrastructure; hard drives, etc. It is not at the top extreme end, but it has a lot of features which goes into the top extreme end. If you look at the application, it needs to be developed a lot.
Senior IT Manager at a tech company with 10,001+ employees
Vendor
It is a reliable ERP product.

What other advice do I have?

I definitely recommend it; the product is really good. There is no doubt this product is really good and scalable. One good part is the reverse engineering, the changes and all those things that comes with Oracle products; it's easy to do, easy to manage and easy to maintain also. I definitely recommend it, no doubt. The only thing is that I always have some challenge with the support; that will continue to be the case.
Solution Architect/Delivery Excellence at a tech services company with 10,001+ employees
Consultant
I get to pay for whatever I'm consuming. I don't pay for a vast infrastructure.

What other advice do I have?

Just go with the baby steps in terms of starting to move peripheral systems onto cloud, and then slowly picking up. For example, HR is one area where you can quickly move to cloud. Similarly, then you can look at the financials, then you can look at the manufacturing, and so on with other applications. They are supporting very well the migration itself from on-prem to cloud, especially because they are partnering with the customer. If you are having an implementation, doing it for a customer, Oracle is partnering with it, and we are jointly doing that.
Functional Credentialing Analyst at a university with 1,001-5,000 employees
Vendor
The PIN reduces the possibility of somebody coming in who doesn’t have the credentials, to actually get into the system.

What other advice do I have?

Conduct a little more due diligence before rolling it out; not necessarily roll it out with the technical staff first. Roll it out to the end users, and see what kind of reaction you get from them. You can always come back to the technical. We have more security than anybody else anyway. Roll it out with the end users first. I have rated highly because I didn't have any problems. I felt really good, because I know nobody could actually access my system without my PIN. As far as university-wide, I would not rate it as highly, because a lot of the end users were having issues. They were critical…
Sr. ERP Manager at a engineering company with 1,001-5,000 employees
Vendor
The financial features are pretty good. We have been using it since 2005.

What other advice do I have?

This Oracle product is definitely good for at least mid-size companies. For smaller companies, it's too expensive. For bigger companies, it's very good.