Big changes are in the wind. Oracle is committed to the Cloud solution for all their applications, the acquisition of NetSuite further demonstrates that the cloud is the destination.
Most of the finance teams spend up to 85 percent of their time on collecting and validating data, developing reports, and maintaining and updating spreadsheets, which leaves little time to develop real insight. Oracle ERP Cloud helps modernize and automate finance operations, and you can:
- Confidently expand into new markets with full multi-GAAP, multi-currency, multi-entity support
- Deliver multidimensional reporting from a single source of truth with shared reference data
- Eliminate the complexity of intercompany tax and payment transactions with a centralized architecture
- Comply with local regulations and reporting requirements using built-in, country specific localizations Many Oracle ERP Cloud
Based on my personal experience, SAP is detail oriented while Oracle ERP cloud is much more simplified and visualized. Oracle ERP Cloud provides real-time graphical indicators on dashboards and work areas to help draw users to items that require immediate action. Users can glance at the infotilets in Oracle ERP Cloud for a quick status summary, and then drill down for details about these metrics.
Source:
http://www.oracle.com/us/products/applications/enterprise-resource-planning/five-reasons-new-look-erp-cloud-3094646.pdf
I feel Oracle ERP punishes you unless you are well versed in ‘oracle ways’. There are so many flags and customisations that if it is not used properly it adversely affects the systems efficiency, more that SAP.