Oracle Fusion Cloud ERP

It has global scalability features - The system supports multiple ledgers, currencies, languages and local/tax regulatory requirements which means one can rollout standardized global processes while easily remaining compliant with specific local laws (IFRS or US GAAP). It has built in Risk Management & Compliance - The product has embedded risk management and compliance tools which automates monitoring of financial controls and enforces SOD (Segregation of Duties). This simplifies the external audit process by ensuring adherence to standards like SOX/ICFR. It offers unparalleled integration - The entire suite (Financials, Supply Chain, EPM, Projects etc.) is built on one unified data model which immediately kills the problem of data silos and reconciliation between different systems.

This product does have several modules that are interconnected. Financials, procurement, human resources, grants management, and project management are all available out of the box. Each one of these modules is capable of sharing information with each other. Secondly, compliance with government regulations are built into the product. The financial module has built-in audit trails and financial controls and it aligns with public sector accounting rules. Automated compliance reporting and monitoring is also built-in. Finally, the fact that it is a cloud-based application gives employees the flexibility to access this application from anywhere. It runs in the Oracle government cloud infrastructure and incorporates a good deal of security, such as single-sign on, identity management, and role-based access controls.

- Broad range of functionalities, especially those related to FP&A and Accounting (FCCS) - High integration capabilities, both with other tools from the Oracle suite and from external third-parties - Great customer support, and in general large availability of specialized professionals in the market to better support implementation/customization

Reporting Complexity - Getting customized data out of tools like OTBI (Oracle Transactional Business Intelligence) is not intuitive and creates bottlenecks for self-service analysis. High Cost & Rigidity - It's an expensive investment, and the system resists customization. Implementing non-standard processes is both difficult and costly. Mandatory Quarterly Testing - Constant SaaS upgrades require continuous resource allocation for testing and managing internal changes every three months.

Oracle Fusion Cloud is expensive on several fronts: licensing, implementation, and consulting. Each module comes with its own price point, which can add up quickly, especially for a smaller organization. Any specialized customization of these modules will also incur an additional cost. Outside consultants are available, but since this is a specialized application that requires a specific skill-set, consulting can also prove to be expensive. Secondly, the application does not perform well. Computational tasks can take quite a long time to complete. Often, the application appears to hang up in a web browser. Performance issues are not isolated to the corporate network. Users working remotely have experience similar slowness and the application hanging. Finally, the new system was difficult to use. The user interface is not very intuitive. The help menus are not very helpful at all. A significant amount of training was required for all employees before everyone felt comfortable using the application at a basic level.

User Interface, apart from being not so compelling in terms of mere graphics, also proved to be a little intuitive for some functionality, e.g. Purchase Order management process being overcomplicated/overbureaucreatized