Oracle ERP Cloud is an end-to-end ERP system that manages accounting, procurement and projects across the enterprise. The system is available as a public cloud or as a private cloud implementation. It can also support a hybrid scenario where there are both cloud and on-premises versions of the system. In a hybrid system scenario, integration is achieved either through web services, file-based loaders, prebuilt connectors or PaaS, depending upon the customer's preferences and implementation.
Oracle ERP Cloud is used by SMBs, midsize and large enterprises, with the number of users within a company ranging from as few as 10 users to an unlimited number of users. Oracle ERP Cloud clients span all industries, including professional services, business services, retail, state and local government, higher education, nonprofit, banking, insurance, healthcare, media and entertainment, communications, software, high tech, and utilities.
Oracle ERP Cloud's cloud service family
The Oracle ERP Cloud bundles together several Oracle cloud offerings that may be subscribed to in their entirety, by cloud service family or by individual module. There are several areas of focus that Oracle offers its customers looking to put ERP in the cloud.
The Oracle Financials Cloud is an ERP financial system that includes applications to manage accounting ledgers, accounts payable and receivable, fixed assets, collections, expenses, and financial analytics. The Oracle Project Portfolio Management Cloud gives users the ability to deliver projects with applications like project management, task management, resource management and analytics. For those seeking to automate their procurement process, the Oracle Procurement Cloud hosts a range of applications for procurement, strategic sourcing, contract management and supplier management.
The Oracle Risk Management Cloud identifies areas of company risk and provides mitigation tools. The Oracle Revenue Management Cloud schedules and automates revenue recognition and also applies pricing. An enterprise performance management suite of applications connects users by offering easy reporting and visibility into progress and status and gives enterprises accurate forecasting abilities.
The Oracle Order Management is a supply chain management (SCM) suite that offers enterprises a full range of ordering and fulfillment processes. Another SCM application connected to the Oracle ERP Cloud is the Oracle Manufacturing cloud, which lets discrete manufacturers improve productivity through shop floor visibility, performance monitoring, a simplified user interface and flexible features.
A manufacturer needed to switch from E-business Suite to Oracle ERP Cloud and was able to do so fairly quickly with minimal integration issues.
The Oracle ERP Cloud also provides tight integration between all of its various system modules, which facilitates greater ease of implementation and also fewer system configurations. For those clients requiring more extensive personalization of their cloud environments, Oracle offers a platform as a service (PaaS) option. In addition, Oracle business partner applications are available from Oracle's Cloud Marketplace that can further extend enterprises' ERP cloud capabilities.
How does Oracle support Oracle ERP Cloud?
Oracle provides at least two updates to its cloud services annually. Clients always have access to the latest system enhancements, and they also have the flexibility to decide when they want to upgrade their systems for these updates. The latest release of Oracle ERP Cloud is release 10, which delivers considerable enhancements to the end-user computing experience. Release 10 features new performance monitoring dashboards, expanded drill-down capabilities into information for power users and an array of information displays for a wide range of mobile as well as desktop devices.
Oracle ERP Cloud is built on open industry standards and can be accessed via common web browsers such as Chrome, Safari, Internet Explorer or Edge. Clients have a choice of either managing their own ERP cloud infrastructures or subscribing to managed cloud services with Oracle. In either case, Oracle operates its own data centers around the world, which facilitates redundancy and failover across multiple locations.
Oracle and its business partners offer planning, implementation and training services designed to fit each company, project and budget. In the area of technical support for Oracle ERP Cloud, there are a number of program choices. Oracle's My Oracle Support service is an online technical support portal with search topics, visibility and tracking of service log requests, system alerts, product health recommendations, download information on product updates and patches, and software update advisors. Oracle Advanced Customer Support provides mission-critical support services for complex IT environments, and Oracle Premier Support provides 24/7 technical assistance and product updates. Beyond this, Oracle offers Business Critical Service and Platinum Support services to cloud clients. The Oracle technical support organization is a global network of over 50,000 development engineers and customer support specialists.
Oracle University offers online training, classroom training and certifications on its systems on a pay-for basis. In addition, Oracle hosts an annual OracleWorld Users Conference.
Oracle offers the cloud ERP software on a per subscription basis.
It does not offer a free trial of its Oracle ERP Cloud system, but it does schedule free demos upon request.
Note the differences between on-premises and cloud ERP software.
Selecting the right ERP system means selecting the right ERP integration partner.
C-level executives, pay attention to these developing ERP trends.