Oracle Fusion Cloud ERP Reviews

Name: Oracle Fusion Cloud ERP
Brand: Oracle
Rating: 4 (42 reviews)

Vendor: Oracle

4.1 out of 5

42 reviews
97% willing to recommend

1,392 followers

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What is Oracle Fusion Cloud ERP?

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.

Get the Oracle Fusion Cloud ERP Buyer's Guide and find out what your peers are saying about Oracle Fusion Cloud ERP, SAP ERP, SAP S/4HANA and more!

Oracle Fusion Cloud ERP is the #2 ranked solution in top Cloud ERP solutions. PeerSpot users give Oracle Fusion Cloud ERP an average rating of 8.2 out of 10. Oracle Fusion Cloud ERP is most commonly compared to SAP ERP: Oracle Fusion Cloud ERP vs SAP ERP. Oracle Fusion Cloud ERP is popular among the midsize enterprise segment, accounting for 51% of users researching this solution on PeerSpot. The top industry researching this solution are professionals from a educational organization, accounting for 46% of all views.

Buyer's Guide

Oracle Fusion Cloud ERP

October 2024

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Featured reviews

PR1

Senior Project Lead at Sierra-Cedar

The initial setup is easy. It has made life easier compared to other ERPs in the market. Oracle Fusion Cloud ERP offers features like spreadsheet loaders and integration tools that facilitate data migration from legacy systems to the new ERP version. These tools provide a plug-and-play interface, simplifying data input for functional and technical personnel. Earlier, It was a day-to-day job of inserting the data; migration was complex, and keeping track was difficult. Migration and tracking are streamlined with Fusion Cloud ERP, and tasks such as importing and exporting data are more straightforward. I would rate the initial setup a nine out of ten, where one is complex and ten is easy. The availability of connectivity tools, learning resources, and Oracle MetaLink support greatly aids users during implementation. The supportive community, including the Oracle ERP community, provides valuable assistance.

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Divya Prakash

Technical Architect at Hexaware Technologies Limited

The solution is ever-evolving. Each quarter, the product and the system have new purchases, dependencies, and improvements. There is a constant need to stay alert about new updates and change whatever is updated according to the requirements. Most of the changes are odd and require no need to access from the user side. It isn’t a disadvantage but a part of the evolution of the product. The additional features depend on the case. There is, however, always room for improvement. Oracle can make the system more stable which includes some changes as some of the use cases were not available in Oracle's systems and the element’s value needed to be defined. This is one of the limitations of Oracle ERP Cloud.

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VirendraPhophaliya

Technology Advisory at a financial services firm with 5,001-10,000 employees

There are two main areas for improvement. First, the licensing and pricing model confuses customers, especially after going live. Different components like EPM, ERP, and OIC are charged differently. Second, the manufacturing functionality needs more maturity, especially for non-process-based manufacturing. We've raised this with Oracle, and they've acknowledged it. They might address it in future patches. Functionality-wise, I feel there's a lack of manufacturing, especially discrete manufacturing. The product is not that mature in this area. They need to work hard on it. They have developed AI and ML solutions for manufacturing, but I haven't deployed those yet. Compared to SAP, especially for manufacturing, Oracle still needs to work a lot.

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Oracle Fusion Cloud ERP mindshare

As of October 2024, the mindshare of Oracle Fusion Cloud ERP in the Cloud ERP category stands at 34.9%, up from 25.9% compared to the previous year, according to calculations based on PeerSpot user engagement data.

Cloud ERP

Key learnings from peers

Last updated Oct 10, 2024

Valuable Features

Oracle Fusion Cloud ERP's most valued features include flexibility, scalability, and a user-friendly interface. Users appreciate comprehensive financial management, real-time analytics, and seamless integration with other applications. Its cloud-based nature offers cost-efficiency and high security, with continuous updates enhancing functionality. AI capabilities, predictive analytics, and data handling strengthen its utility. Its end-to-end business processes, customizable features, and robust customer support are frequently highlighted as valuable benefits.

"Oracle has proprietary cloud technology and provides high levels of technology and security."
"Unlike traditional ERPs, where adding a column is customization, personalization is in the tool. OTBI is built-in, providing many pre-delivered reports and dashboards. It's cloud-based, so it's OpEx instead of CapEx. Oracle Integration Cloud Services offers pre-delivered APIs for easy integration with systems like payroll and Salesforce."
"The product is cloud-based and offers comprehensive, end-to-end functionality."

Room for Improvement

Oracle Fusion Cloud ERP requires improvements in mobile app development, UI and user-friendliness, flexibility, and advanced module maturity. Enhancements in native mobile applications, detailed financial functionality, seamless integration with third-party tools, and AI incorporation are needed. Issues in price structure, customer support, customization ability, and local legal compliance also exist. Integration and stability improvements are desirable, especially in manufacturing and project management areas. The need for enhanced analytics and automation capabilities is also highlighted.

"Their methodology of implementation is very rigid."
"There are two main areas for improvement. First, the licensing and pricing model confuses customers, especially after going live. Different components like EPM, ERP, and OIC are charged differently. Second, the manufacturing functionality needs more maturity, especially for non-process-based manufacturing. We've raised this with Oracle, and they've acknowledged it. They might address it in future patches."
"The solution could benefit from improvements in project management, project execution, and project costing, especially for industries like construction."

ROI

Oracle Fusion Cloud ERP delivers a return on investment in approximately 2.5 years when all resources, hosting, and support are considered. Organizations find better returns compared to previous systems, as it offers a cost-effective approach that satisfies expectations when adequately budgeted and planned. Customers show willingness to invest if the cost is justified.

Pricing

Pricing for Oracle Fusion Cloud ERP is considered expensive by most users, with additional costs for certain features and services. It involves a yearly licensing fee, and technical support is often an extra charge. While some users find it relatively costly compared to other solutions, others note that it's comparable to top-tier options. The solution generally favors medium to large enterprises, with smaller businesses potentially finding the cost challenging depending on regional economic conditions.

"The solution is quite expensive."
"Oracle Fusion Cloud ERP is reasonable and recommended for medium-sized enterprises. It might be a bit expensive for smaller businesses, but it is a good product if they have sufficient users."
"The product pricing is based on a per-user model. It is expensive."

Popular Use Cases

Organizations primarily utilize Oracle Fusion Cloud ERP for finance, procurement, human resources, and enterprise resource planning, handling functions like financial management, HR operations, supply chain, and inventory management. Users benefit from real-time operational insights, secure financial data storage, and seamless integration with other systems. The platform aids in transforming finance departments, managing HR information, and streamlining business processes by offering comprehensive coverage across various industries, making it essential for large enterprises and enhancing project management capabilities.

Service and Support

Oracle Fusion Cloud ERP customer service has improved, especially for Cloud products. Technical support is generally satisfactory but has room for improvement in responsiveness and problem-solving, especially with complex cases or new features. Some users report communication challenges between support teams. Response times and service quality often depend on support agreements. Some users find support helpful, yet many suggest enhancements, rating it between four to eight out of ten, with some needing quicker and more knowledgeable assistance.

Deployment

Initial setup experiences with Oracle Fusion Cloud ERP vary widely. Many found it straightforward, especially with Oracle's support, while others required technical consultants due to complexity. Some noted quicker deployments compared to EBS, yet implementation time varied greatly, influenced by company size and project scope. Useful features like spreadsheet loaders and integration tools were highlighted, though some users found the initial setup challenging, needing skilled personnel for complex configurations and mapping, especially for large enterprises.

Scalability

Oracle Fusion Cloud ERP demonstrates strong scalability, praised for accommodating varied user counts and diverse operational needs. Users note its seamless integration and scalability across cloud environments without performance issues. Some report initial hurdles with user expansion, but these are generally resolved with Oracle's tools. Despite minor challenges, scalability remains a prominent strength, effectively supporting extensive customizations and integrations. Ratings commonly range high, reflecting its capability to grow alongside organizational demands.

Stability

Users find Oracle Fusion Cloud ERP very stable. Many have not experienced downtime or crashes, stating that its performance is reliable. Some report it's comparable or better than other platforms, maintaining high uptime. A few report minor issues, often linked to external factors such as network rather than the system itself. Support from Oracle and implementation partners help manage occasional fixes. Stability appears excellent for most, with 95% to 99.99% uptime and smooth operations during updates.

These insights are based on the in-depth reviews provided by peers to help you make a better buying decision.

Download our Oracle Fusion Cloud ERP Buyer's Guide for additional reliable information.

Review data by company size

By reviewers

By visitors reading reviews

Top industries

By visitors reading reviews

Educational Organization

46%

Computer Software Company

Financial Services Firm

University

Manufacturing Company

Healthcare Company

Government

Retailer

Construction Company

Real Estate/Law Firm

Non Profit

Media Company

Energy/Utilities Company

Wholesaler/Distributor

Comms Service Provider

Legal Firm

Hospitality Company

Outsourcing Company

Insurance Company

Transportation Company

Pharma/Biotech Company

Performing Arts

Logistics Company

Consumer Goods Company

Compare Oracle Fusion Cloud ERP with alternative products

Learn more about Oracle Fusion Cloud ERP

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.

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Oracle Fusion Cloud ERP 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