ERP System Review

Our review contains critical system information including applications, industries supported, number of customers, underlying technology, and critical generic functionality - customization, multiple companies, multiple currencies, workflow, mobility, sales tax and reporting.
  Oracle Cloud ERP
Product Information  
System Oracle Cloud ERP
Vendor Oracle Cloud ERP
Description Oracle Cloud ERP is a powerful, cloud-based enterprise resource planning ERP system designed to help businesses streamline and automate their core financial and operational processes. It provides a comprehensive suite of applications that covers areas such as risk management, expense management, financial management, procurement, project management, supply chain operations. By integrating these essential business functions into a single, unified platform, Oracle Cloud ERP enables organizations to improve efficiency, reduce operational costs, and gain real-time visibility into their operations. One of the key strengths of Oracle ERP is its user friendly, flexibility and scalability, making it suitable for businesses of all sizes, from growing enterprises to large, complex global corporations. The Oracle Cloud infrastructure leverages cutting-edge technologies like artificial intelligence (AI), machine learning (ML), and data analytics to provide predictive insights, automate routine tasks, and drive continuous process improvement. For example, its AI-driven financial management capabilities can help businesses predict cash flow, detect anomalies in transactions, and automate expense reporting. The ERP software suite also offers advanced reporting and analytics tools, enabling users to make data-driven decisions with real-time insights into their business performance. Its cloud-based architecture ensures that organizations can benefit from regular updates and innovations without the need for costly and time-consuming on-premises maintenance. Furthermore, the platform is designed with built-in security and compliance features, ensuring that sensitive business data is protected while meeting industry-specific regulatory requirements. Learn more about cloud services and its enterprise functions of Oracle at https://www.oracle.com/ca-en/erp/.
Website https://www.oracle.com/erp/
Primary Tier 1
Industries  
Apparel No
Construction Yes
Field Services No
Financial Services Yes
Food & Beverage Yes
Hospitality Yes
Manufacturing Yes
Nonprofit No
Professional Services Yes
Retail & ECommerce Yes
Transportation & Logistics Yes
Wholesale Distribution Yes
Applications  
Accounting (General Ledger, Financial Reporting, Accounts Receivable, Accounts Payable, Budgeting and Cash Management) Yes
Asset Management No
CPQ (Configure Price Quote) No
CRM Yes
Distribution (Order Processing, Purchasing and Inventory) Yes
E-commerce Yes
Field Services - Dispatching & Scheduling Yes
Field Services - Mobile Field Management Yes
Human Resource Management Yes
Manufacturing - Quality Control Yes
Manufacturing - Scheduling Yes
Manufacturing - Shop Floor Control Yes
MRP Yes
Payroll Yes
Point of Sale Yes
Product Lifecycle Management Yes
Professional Services - Scheduling Yes
Professional Services - Timesheets No
Professional Services – WIP Management No
Project Management No
Transportation Management No
Warehouse Management No
Developer Information  
Number of customers - all products
Number of customers - this product
Technology  
% of application that is web based (just need a browser on workstation)
On premise, cloud or hybrid On Premise
Private or Public Cloud Private
Tenant Architecture Multi-Tenant
Generic Requirements  
Customization/Configuration  
Without changing source code In Current Release
User-defined fields
  • Can define values/dropdowns for fields
  • Used in report selection and ordering
  • Used in workflow
In Current Release
User defined screens
  • Change fields to required, optional or invisible for standard and user-defined field
In Current Release
Multiple Companies  
Share inventory across companies In Current Release
Share customers and suppliers across companies In Current Release
Automate balancing of transactions across legal entities In Current Release
PO of 1 company automatically generates the sales order in another company In Current Release
Multiple Currencies  
Maintain source and home currency amount for each transaction In Current Release
Date effective currency exchange rates In Current Release
Work Flow  
Can apply an approval process to any transaction such as a journal entry or any master file such as a supplier or inventory item In Current Release
Can generate alerts/escalation if something expected is late or reminders In Current Release
Configurable approvals or alerts without needing programming In Current Release
Mobility  
Optimized for Android and iPhone In Current Release
Offline mode and synch when internet connected In Current Release
Sales tax compliance  
Canadian sales tax compliance In Current Release
US sales tax compliance In Current Release
Reporting/Business Intelligence  
Reporting  
Industry standard reporting tool and can change existing reports or add new ones In Current Release
Ad-hoc reporting (don’t need a programmer) with filtering, sorting and summarizing options In Current Release
Dashboards  
Based on real time updates from all transactions In Current Release
Role specific In Current Release
Configurable dashboards - don't need to be a programmer to create or change dashboard In Current Release
Analytics  
Drag and drop dimensions In Current Release
Visualization/graphic representation of data In Current Release

ERP Review

Strengths

  • Integrated technology stack – applications, infrastructure, database
  • Comprehensive functionality including financials, manufacturing, supply chain, HR, field service. marketing, sales, project management and analytics
  • Configurable UI and Workflow
  • Digital assistant – ask a question by typing or by voice – such as do I have anything to approve?
  • Intelligent Document Recognition (IDR) – scan and email capture using OCR and machine learning