Oracle ERP Software Review

#4 in ERP Software

 

Oracle has long been a leader in database and infrastructure systems but it has since moved on into offering business software applications to complement its portfolio. Oracle’s Enterprise Resource Planning (ERP) service represents a wide range of products that includes project management, CRM, human resource, accounting and financial management tools. These applications are designed to provide business solutions for almost every industry regardless of size or location.

For: small, medium businesses, enterprises

 

Industry Applications

Communications

Education

Financial Services

Health and Sciences

Public Sector

Retail

Utilities

Transportation

Wholesale

Media and Entertainment

 

Services

Oracle Financials Cloud

  • Asset management
  • Advanced collections
  • Budgetary controls and encumbrance accounting
  •  Cash management
  • Expenses
  • Financial reporting center
  • General ledger
  • Payables, payments, receivables
  • Sub-ledger accounting
  • Tax

 

Oracle Project Portfolio Management Cloud

  • Project costing
  • Project billing
  • Project contracts
  • Project control
  • Grants management
  • Project performance reporting
  • Project resource management
  • Project management
  • Task management
  • Transactional business intelligence for projects

 

Oracle Procurement Cloud

  • Smart sourcing
  • Broaden end-user self service

 

Fusion Applications – Governance, Risk and Compliance

  • GRC advanced controls
  • GRC risks and financial governance
  • GRC access and segregation of duties controls

 

Fusion Applications – Fusion Accounting Hub

 

Oracle’s E-Business Suites ERP Solutions

  • Financial management
  • Project portfolio management
  • Advanced procurement

 

Oracle’s PeopleSoft ERP Solutions

  • Financial management
  • Services automation
  • Supplier relationship management

 

Oracle’s JD Edwards EnterpriseOne ERP Solutions

  • Accounts Payable
  • Accounts Receivable
  • Advance Cost Accounting
  • Asset Lifecycle Management
  • Capital Asset Management
  • Condition Based Maintenance
  • Contract and Service Billing
  • Equipment Cost Analysis
  • Expense Management
  • Financial Management and Compliance Console
  • Fixed Asset Accounting
  • General Ledger
  • Order Management
  • Project and Government Contract Accounting
  • Project Costing

 

Customization

 

Scalability

Excellent

 

Platforms

Cloud-based

On-premise

Mobile

 

Support

Customer service plans

Customer hotlines

Email support

Knowledge base

 

Bottom Line

Rather than providing one product, Oracle’s ERP service encompasses a range of business applications. This makes it easier for businesses to choose particular services rather than work with a single product with features it doesn’t need. Oracle being a recognized leader in database and infrastructure solutions makes it easier for businesses transition to a new business application. With its long list of business applications finding a solution should be easy. Feature wise, quite a capable service which makes it a top choice for Enterprise Resource Planning services.    

 

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