Our company works with customers in the finance domain who use the solution for recording financial transactions.
Oracle ERP Consultant at a tech services company with 51-200 employees
Real-time reporting is quite handy but the expenses mobile app is glitchy
Pros and Cons
- "Built-in business intelligence has real-time reporting features that are quite handy."
- "The expenses mobile app calculates different mileages than the URL version."
What is our primary use case?
What is most valuable?
Built-in business intelligence has real-time reporting features that are quite handy.
Invoice scanning and one-time payment processing are valuable.
What needs improvement?
The expenses mobile app calculates different mileages than the URL version for the same user and single log-in. We have asked Oracle to look into this issue.
Additional features could be added to the invoice scanning tool.
Navigation is not simple so configurations are time consuming until you get used to the format.
For how long have I used the solution?
I have been using the solution for three years.
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Oracle Fusion Cloud ERP
November 2024
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What do I think about the stability of the solution?
The solution has stable performance.
What do I think about the scalability of the solution?
The solution is scalable.
How are customer service and support?
Technical support is not swift so should leverage their access level. In the cloud environment, support has access to our system and could pull data instead of asking us to provide diagnostic tests to them.
How was the initial setup?
The setup is quite easy because you have access to handy features like rapid implementation files, spreadsheets, data migration files, FBDI, and ADFDI.
Configurations do not take much time once you are used to the navigation. It is quite easy to upload files because templates are provided.
What about the implementation team?
We implemented the solution in-house. Time for deployment depends on the project scope and features selected.
What other advice do I have?
It is important to engage end users in the change process as early as possible. Users will be entering source transactions so they need to be at the forefront and should thoroughly familiarize themselves with the system in advance.
I rate the solution a seven out of ten.
Which deployment model are you using for this solution?
Public Cloud
If public cloud, private cloud, or hybrid cloud, which cloud provider do you use?
Other
Disclosure: I am a real user, and this review is based on my own experience and opinions.
Enterprise & Cloud Solutions Director with 5,001-10,000 employees
It fosters adoption of a shared services center model
Pros and Cons
- "It fosters adoption of a shared services center model."
- "Smooth patches and upgrades which reduce costs and time for having a new version."
- "Improve support services in the new features roadmap."
- "Localization of functionality for Europe and Latin American countries legal and fiscal requirements, reporting, and integration with tax authorities."
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 features roadmap.
For how long have I used the solution?
One to three years.
Disclosure: My company has a business relationship with this vendor other than being a customer: System Integrator.
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Oracle Fusion Cloud ERP
November 2024
Learn what your peers think about Oracle Fusion Cloud ERP. Get advice and tips from experienced pros sharing their opinions. Updated: November 2024.
816,406 professionals have used our research since 2012.
General Manager at a tech services company with 1,001-5,000 employees
Oracle Financials helps us manage our cash flow and our fixed assets. On Premises customers are having difficulty getting updates on time.
What is most valuable?
To begin with, Oracle Financials is especially valuable. It is one of the most complex financial solution in the world. It helps us, day-to-day, manage our cash flow and manage our fixed assets, plus even getting proper reporting done because we didn't have a proper system previously. This solution will really work. It brings a lot of added value to us.
What needs improvement?
If you look at it from the support point of view, the product has to improve a lot, especially from the bug fixing side.
It’s something that they sell, so Oracle needs to determine their priorities. From what we have seen, Oracle is making Oracle Cloud a higher priority. Now, the Oracle On Premises customers are having difficulty with getting certain updates on time. Those are the areas that we have seen that there are a lot of improvements to be done.
For how long have I used the solution?
We have been using it for about two years now. We mainly use Oracle Financials. One of our subsidiaries is currently going through a process on implementing Oracle modules, including the purchasing, inventory, product manufacturing, and order management. Those are the modules that they're using.
What do I think about the stability of the solution?
In terms of the system point of view, we haven't seen any downtime or anything like that. Now, we have seen with Oracle Cloud, there are a lot of nice features which have come out. As far as we are concerned, we have not seen any downtime.
What do I think about the scalability of the solution?
It is scalable. In terms of the application, it is scalable.
I think it will continue to work for us scalability-wise. Oracle Financials itself has its own strengths scaling it to a different extent. We believe that we can scale it up when the business is also scaling up.
How is customer service and technical support?
Oracle support for this application is not up to the standard. From the database point of view, Oracle support is very good. When it comes to this application, if you look at the SaaS, it takes a long time for Oracle to provide some of the solutions. That is where we have seen where Oracle is lacking on supporting the customers in that sense.
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.
Disclosure: I am a real user, and this review is based on my own experience and opinions.
Senior IT Manager at a tech company with 10,001+ employees
It is a reliable ERP product.
Valuable Features
In the market, there are only a few handfuls of products that are reliable ERP products. One is SAP, you have Oracle E-Business Suite, and you have a few other legacy products still available in the market. When we spun off the company from Agilent to Avago, Agilent was already in E-Business Suite. Straightaway, we moved our system. When we spun off the company as Avago, we deployed everything in E-Business Suite straightaway.
Room for Improvement
There are a lot of features they can enhance. That would take some time, to go into a very detailed level of the product, especially in the area of the user interface, functionality and collaboration. They could do a lot of things.
When it comes to support, there's definitely room for improvement. Initially, support was very tough. When it moved to U.S., we got better support, but there is a lot of room to improve the support.
Use of Solution
I have been using it for about ten years; nine-plus years.
Stability Issues
Honestly, it's a very, very stable product. We have not seen any issues.
Of course, periodically, we may end up in some fixes and for that, we get support from Oracle to fix that. We have a support team available 24x7 team. We get good support from Oracle, as well as from our partners.
Scalability Issues
The EBS is scalable. We were three node: three node middle tier, three node in database, two node in external. We scaled up to four node: four node in internal, external, as well as database. Now we are in five node: Five-node middle tier, five-node external tier, and five-node RAC database cluster. Any time you scale up, the only downstream impact is required downtime.
Customer Service and Technical Support
When it comes to support from Oracle, over the last few months, I believe they have changed the worldwide support team structure. We're seeing some challenges in getting support, especially the first level support. With Oracle, if the person is not able to fix the issue, there's no such thing as delegating to the next level. We have that challenge.
Other challenges I’ve seen are cross-platform challenges. People from ERP and the people from hosting do not talk to each other. If you have some in-between issue – hosting-related issues end up with having issues in ERP – the two teams do not talk to each other internally. We ask them to talk to each other. We collaborate with both teams at same time. It is very difficult for us sometimes; it's challenging for us.
At the same time, we are using multiple products from Oracle. We have the Fusion stack, we have the ERP stack, we have the OBIEE stack, we have the IDM stack. Sometimes we have seen some challenges when comes to cross-application collaboration between the teams.
Initial Setup
The initial setup, when we spun off, we were in 11.5.9, 11.5.10. Two years back, we upgraded from 11.5.10 to 12.1. Then, just a few months back we upgraded from 12.1 to 12.2. It's not straightforward; it's complex. It's a complex upgrade when it comes. Getting support from Oracle, especially related to this product, is a bit tough, very tough.
Other Advice
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.
Disclosure: I am a real user, and this review is based on my own experience and opinions.
Solution Architect/Delivery Excellence at a tech services company with 10,001+ employees
I get to pay for whatever I'm consuming. I don't pay for a vast infrastructure.
Valuable Features
Especially, if you look at today's world, the cloud is the important feature we are looking at. There is not much cost involved, especially with cloud. I get to pay for whatever I'm consuming. I don't have to pay for the vast infrastructure and all. That's one of the important things.
Improvements to My Organization
Specifically, from a back office systems perspective – storing from financials or from manufacturing systems, or to store an order to cash process – it is a complete suite; end-to-end application.
That's what we feel is very helpful for our organization.
Room for Improvement
Especially on the CRM side, the CRM modules are a bit weak compared to the financials. Traditionally, Oracle is known for Oracle financials, as opposed to the manufacturing, service or sales sides of the house. Sales and service are the areas where Oracle has to catch up.
Deployment Issues
Deployment is fairly straightforward, but we haven't seen many successes with the cloud. That’s not because of Oracle; it’s because of the customers themselves. They are hesitant in terms of moving everything to cloud. They are doing it in bits and pieces, in terms of very few systems to start with; the financials cloud, the HCM Cloud or the supply chain cloud. They are still testing the waters.
Customer Service and Technical Support
Technical support is good. Most of the time, the response is good, especially if you have any priority issues. Sometimes it depends on what kind of support agreement you have with Oracle; depending on whether you have the heightened coverage, Gold or Platinum. Having mentioned that, there are certain cases where we got very minimal support, especially during the quarterly reports and all, which are very big for us from a revenue standpoint. From a support standpoint, there is some improvement that needs to be made.
Other Advice
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.
Disclosure: I am a real user, and this review is based on my own experience and opinions.
Functional Credentialing Analyst at a university with 1,001-5,000 employees
The PIN reduces the possibility of somebody coming in who doesn’t have the credentials, to actually get into the system.
Valuable Features:
The security is the most valuable feature. If you didn't have the PIN, you can’t actually get into the system, to work. It reduces the possibility of somebody coming in who doesn’t have the credentials, to actually get into the system. I think the security is probably the most essential part of it.
Improvements to My Organization:
As I’ve mentioned, the security prevents the possibility of someone coming in without having the credentials and getting into our system.
Room for Improvement:
For some reason, we had a problem: We gave PINs out to everybody and for some people, the PIN didn't actually work for some reason. We never really found out why, and we went away from the PIN because we had a lot of our functional areas that were complaining. The technical area, where we work at, we didn't have a problem. The functional areas were having problems.
Scalability Issues:
We had issues as we added more users. That was the problem. We rolled it out with just the security staff, the IT staff, and then we rolled it out to the end users. That's when we ran into problems. They were having problems.
Other Solutions Considered:
Before choosing this product, I did not evaluate other options. By that point, when we went to Oracle, Oracle was our host, we were just taking everything they were offering; we were just jumping on it. Now, we're using Sierra-Cedar.
Other Advice:
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 parts, like student financials, which is a very critical part of the university. When they were having problems, they couldn't get on the system. We had to override it, and it got to the point where it wasn't worth it. We had to continually override it. What's the point of having it, if you have to override it?
Disclosure: I am a real user, and this review is based on my own experience and opinions.
Business consultant at Condor Innovation
Scalable, technical support very helpful, but the stability is not as good as Informatica
Pros and Cons
- "The scalability is very good."
- "The stability is not as good as Informatica, but this is very good."
What is our primary use case?
I have been working with the 2020 version. We use it for customer, vendor and material masters.
For how long have I used the solution?
I have been working with Oracle ERP Cloud within the last twelve months.
What do I think about the stability of the solution?
The stability is not as good as Informatica, but this is very good.
What do I think about the scalability of the solution?
The scalability is very good.
How are customer service and support?
Technical support is very helpful.
What other advice do I have?
People should understand the functional part first and then get into MDG. I would rate Oracle ERP Cloud a seven out of ten.
Which deployment model are you using for this solution?
Public Cloud
Disclosure: My company has a business relationship with this vendor other than being a customer: Partner
General Manager - Software Solutions at a tech services company with 201-500 employees
Well-structured, stable, with good performance and scalability
Pros and Cons
- "The main component is Oracle Financial. It is one of the most comprehensive financial solutions available on the market."
- "The initial setup can be somewhat complex."
What is most valuable?
The main component is Oracle Financial. It is one of the most comprehensive financial solutions available on the market.
It is a well-structured product.
It can meet any industry requirements.
It is very comprehensive.
What needs improvement?
Financial is an area that could have more in terms of crediting or descriptive that could be brought out because you are dealing with data and the financial details of the company.
I would like to see more applications and more insights that could be derived from the system, or delivered by the system, from the data which is fed into the ERP. It would be extremely good to have.
They already provide some level of insight. There is technology and incorporation of robotic process automation and artificial intelligence in these products.
I know that they are using Java technology, but if they could make the system more open, in terms of technology, then it would be an improvement. I would like for it to be integrated with other external systems and have it work seamlessly.
It is a very strong product, but if it could become a product that could be the backend ERP for any other vertical or domain-focused solution and it could provide easily integrable APIs and other related mechanisms by other systems, that would be something good. It would be similar to Oracle ERP being a plugin for other solutions at the backend.
For how long have I used the solution?
I have been working with ERP Cloud for the last three to four years.
My overall exposure with Oracle ERP Financial, which is part of their previous on-premises product called E-Business Suite, has been more than 10 to 15 years.
What do I think about the stability of the solution?
Oracle ERP Cloud is a very stable product.
What do I think about the scalability of the solution?
Since the offering is on the cloud, it is a scalable solution. It's on the Oracle infrastructure and integrates seamlessly.
The database is Oracle, the middleware is Oracle, the applications, ERP and the hardware is all Oracle. It's a completely seamless application of technology from the same vendor. Everything is engineered perfectly.
In terms of scalability and performance, it's really good.
How was the initial setup?
The initial setup can be somewhat complex. You need knowledge or help from a consultant who understands the financial domain.
You would also need a technical consultant with the knowledge to do the configuration and whatever other backend work may be involved. If these sources are in place it is not complicated at all.
What about the implementation team?
You need the help of a consultant for the configuration and backend.
What's my experience with pricing, setup cost, and licensing?
The price of course could be cheaper. For an ERP Cloud, the pricing is relatively high.
What other advice do I have?
I would strongly recommend this solution to others. It's a very good ERP, financial product.
I would rate Oracle ERP Cloud a nine out of ten.
Disclosure: My company has a business relationship with this vendor other than being a customer: Partner
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