Oracle Fusion Cloud ERP vs PeopleSoft comparison

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2,681 views|2,020 comparisons
97% willing to recommend
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2,743 views|2,407 comparisons
86% willing to recommend
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Executive Summary

We performed a comparison between Oracle Fusion Cloud ERP and PeopleSoft based on real PeerSpot user reviews.

Find out what your peers are saying about NetSuite, Oracle, SAP and others in Cloud ERP.
To learn more, read our detailed Cloud ERP Report (Updated: June 2024).
772,649 professionals have used our research since 2012.
Featured Review
Quotes From Members
We asked business professionals to review the solutions they use.
Here are some excerpts of what they said:
Pros
"The solution is approximately 70 percent scalable. We have more than 100 people using the solution in my organization.""What's most valuable in Oracle ERP Cloud is that it's one of the largest ERPs available in the market and it has a lot of customization features. It also has a lot of flexibility and integration options that work with other applications. Many of the customers also migrate to the cloud, so Oracle ERP Cloud is a preferred solution.""The user interface is the best feature.""I like the tool’s financial and human capital management features.""My company found the financial planning and budgeting modules of Oracle ERP Cloud more sophisticated and valuable than its other modules.""Oracle ERP delivers business processes.""Smooth patches and upgrades which reduce costs and time for having a new version.""I like that Oracle ERP Cloud has a lot of ready-to-use products, making it easy to adopt."

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"It's a mature product.""The time system is what we get the most benefit from.""The integration between Human Capital Management (HCM) and PeopleSoft is an important feature.""Job data is a valuable feature.""The most valuable feature of PeopleSoft is the functionality that allows the ability to find all the data about employees that are needed.""Scales up very well.""The feature that I have found most valuable is having the sources so that you're able to adapt the product to your needs. That was a big benefit.""Peoplesoft is the best payroll software in the market."

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Cons
"The database is outdated and quite rigid.""One disadvantage is that we don't have immediate access to evaluate or fix data that is not in the app until we own the database.""The expenses mobile app calculates different mileages than the URL version.""The tool must enable users to customize the reports.""There are integration issues and a lack of flexibility within OIC. When integrating systems, the process feels rigid and linear.""In terms of areas for improvement, there are still a lot of other features that need to be incorporated into the future releases of Oracle ERP Cloud. We're hoping those would come soon because they're available in other ERP systems. For example, we used to have a lot of AME customizations in the BPM, but now we have a very limited scope, so it would be great if we could extend our scope. Currently, we are working with product teams to get through some of those solutions, and how we could implement them, so we have some workarounds to deal with, but we still have a long road ahead.""Localization of functionality for Europe and Latin American countries legal and fiscal requirements, reporting, and integration with tax authorities.""UI is not very presentable for a cloud solution."

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"It would be nice if it became even more declarative in its development.""Initial setup can be complex without training or use of consultants.""Scalability is not there in PeopleSoft. Its performance and resilience are also very bad. When you're trying to stretch it, it breaks. It is not resilient. It is also not stable. It is stable as far as data is concerned, but the infrastructure is not stable.""I would like to see improvement in the UI.""In my opinion, it needs more performance, maybe something technical related, because it's very slow for us and even small activities take a while.""Tools and UI could be enhanced.""The area that could be improved is the upgrade process, it's not the easiest. Oracle stopped supporting our version. So we have to move either to the cloud or work in a non-supported situation. That was certainly a disadvantage. That's also the reason why we decided not to stay with Oracle. Now we are moving to SAP.""Global payroll could be easier to use."

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Pricing and Cost Advice
  • "It is too costly."
  • "The solution is expensive and there are some services that are extra costs."
  • "For an ERP Cloud, the pricing is relatively high."
  • "We have an annual license with Oracle, however if we need additional features we do pay for them."
  • "The pricing for Oracle ERP Cloud is on par with other top solutions."
  • "In a developing country such as Bangladesh, Oracle ERP Cloud is expensive compared to on-premise solutions, so the turnover is very low. Customers become more comfortable using on-premise services because of the high subscription costs of Oracle ERP Cloud."
  • "The price of the solution is expensive. There are additional costs associated with this particular case that must be taken into consideration when calculating the overall expense. These costs may include but are not limited to, additional materials, labor, and other miscellaneous expenses that may arise during the course of the project. It is important to note that these additional costs may exceed the initial pricing estimate."
  • "We pay additional costs to a consulting company."
  • More Oracle Fusion Cloud ERP Pricing and Cost Advice →

  • "Check all options before a decision is made."
  • "It's approximately $3,000,000 to $4,000,000 USD per year."
  • "The licensing cost for PeopleSoft is 3,500 per course and the annual subscription fee is 6,500."
  • "I don't know if they are still providing licenses or if they have suspending licenses."
  • "There are no additional costs for licensing."
  • "We are a University and the cost and license are negotiated privately."
  • "The main issue we have with the solution is that it is very expensive."
  • "One of the cheapest solutions available and also one of the best."
  • More PeopleSoft Pricing and Cost Advice →

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    Questions from the Community
    Top Answer:The user interface is the best feature.
    Top Answer:I'm not aware of the Oracle Fusion Cloud ERP pricing details because I don't have information about it before deployment.
    Top Answer:The ability to customize must be improved. The tool must enable users to customize the reports.
    Top Answer:Although both are solutions to manage HR, their differences make each one suitable for different companies Oracle Cloud HCM is a platform for connecting all human resource processes in your… more »
    Top Answer:I use the reporting feature occasionally to check for potential improvements in timesheets. We have integrated it with Power BI.
    Ranking
    2nd
    out of 18 in Cloud ERP
    Views
    2,681
    Comparisons
    2,020
    Reviews
    20
    Average Words per Review
    392
    Rating
    8.2
    11th
    out of 68 in ERP
    Views
    2,743
    Comparisons
    2,407
    Reviews
    15
    Average Words per Review
    500
    Rating
    8.0
    Comparisons
    Learn More
    Overview

    Oracle Fusion Cloud ERP offers a complete, innovative, and proven solution for organizations of all sizes. Oracle Fusion Cloud ERP is a comprehensive, modern solution on a single cloud platform that includes built-in industry standards and modern best practices. 

    Oracle Fusion Cloud ERP provides your teams with advanced capabilities, such as AI to automate the manual processes that slow them down, analytics to react to market shifts in real time, and automatic updates to stay current and gain a competitive advantage.

    Designed with scalability in mind, Oracle Fusion Cloud ERP manages core business areas including:

    • Accounting
    • Financial planning and analysis
    • Financial close
    • Revenue recognition
    • Risk management
    • Compliance and governance
    • Procurement
    • Project planning and execution
    • Inventory and supply chain
    • Product lifecycle

    ERP software is the backbone of many organizations and Oracle offers a modern, connected approach combined with the ease and flexibility of the cloud. Oracle Fusion Cloud ERP delivers the functionality, analytics, security, mobile capabilities, and social collaboration tools needed to run a business today.

    Why Customers Choose Oracle Fusion Cloud ERP:

  • Predict, detect, and act on new situations

    No one likes big deltas between forecasts and actuals. Most models though are too limited, relying on sample datasets or just gut feel. Oracle Cloud ERP introduces machine-learning to predictive planning and forecasting so you can utilize broader datasets, reveal hidden bias, uncover significant deviations, and speed your overall response time.

  • Automate and eliminate your manual business processes

    Spend less time compiling data and more time understanding what it tells you. Whether preparing your narrative for the street or assessing potential M&A activity, Oracle Cloud ERP gives your team more time for strategic work by automating the most time-consuming, mundane business processes. With AI, up to 96% of transactions can be automated.

  • Simplify and speed everyday work

    Oracle’s AI-powered digital assistant simplifies and speeds common tasks, allowing you to ask simple questions like “what’s the status of my open purchase requisitions?” and “what reconciliations are due today?” Personalized tasks like invoices or over-budget notifications are delivered to you proactively, so approvals move faster too.

  • Launch new business models, faster

    Staying ahead of customer trends and emerging competitors gets harder every day. With Oracle cloud ERP, it's easier to identify and launch new business models—and monitor results in real time so you can constantly refine your approach. Paired with machine learning insights like customer churn, you'll predict and avoid problems before they can do harm.

  • PeopleSoft is an ERP solution that provides businesses with tools for managing their entire workforce including human resources and financial operations, such as payroll, benefits, talent management, and supply chain management. Originally developed by PeopleSoft, Inc., and later acquired by Oracle Corporation, the software helps address talent management needs and maximize employee productivity and efficiency.

    PeopleSoft Features

    PeopleSoft has many valuable key features. Some of the most useful ones include:


    • Simple and intuitive: PeopleSoft HCM delivers a clean, consistent, and user-friendly design, resulting in greater user satisfaction that leads to higher adoption without the high cost of training employees.


    • Anywhere, anytime mobility: With mobile devices being such an integral part of today’s modern work life, PeopleSoft offers today’s mobile and wireless managers and employees an effective and secure method for accessing the information they need, with the ability to effectively execute HR transactions from anywhere, at any time.


    • Flexible and configurable: PeopleSoft enables you to leverage a single application optimized for all form factors that works on any mobile device – no need for separate applications for mobile and desktop.


    • Robust: Because the solution is robust, you can use it to increase retention and improve employee engagement.


    • Powerful and actionable, embedded analytics: PeopleSoft’s actionable, embedded analytics help you spend less time gathering data and more time analyzing and executing employee data.



    PeopleSoft Benefits

    There are many benefits to implementing PeopleSoft. Some of the biggest advantages the solution offers include:


    • Greater employee satisfaction: Users will find PeopleSoft’s software easy to use, leading to better productivity levels and also increased employee satisfaction.


    • Manage dynamic workforce: The solution provides secure access to employee information so users can manage essential HR functions effectively.


    • Increased administrator productivity: PeopleSoft empowers employees and managers by enabling them to execute common HR tasks so administrators can focus on other top priorities.


    • Quickly make informed decisions: By using PeopleSoft’s embedded, real-time, multidimensional analysis capabilities, users can make more informed business decisions.


    Reviews from Real Users

    PeopleSoft is a solution that stands out when compared to many of its competitors. Some of its major advantages are that it has a lot of functionality and is customizable.

    A Regional Director at a tech services company mentions, “The most valuable feature is that it's wide and broad and it does about everything anybody needs in a major organization from a back-office systems point of view.”

    "PeopleSoft is a good core system. It has a lot of functionality. "They frequently update the solution and recently they have added some good enhancement features for higher education. We just switched to the new fluid interface and that is working very well for us. It is very good," says another reviewer who is an HR/Pay Systems Administrator/Director at a university.


    A Senior Manager for DevOps Infrastructure at a financial services firm, explains why he finds the solution so beneficial: "It is a customizable product. We can customize it based on our needs, which is one of the features that I like about PeopleSoft. As far as financial accounting is concerned, the user interface is very good. You can also configure a Chart of Accounts for all performance insights."

    Sample Customers
    Grupo Aeromexico SAB de CV, Australian Finance Group Ltd., Shelf Drilling Ltd., Boise State University, The Rancon Group, Arin Innovation, PROMATIS software GmbH, KBBO, Delaware Life Insurance, Worthington Industries, Solairus Aviation
    BMI Healthcare, Lone Star College System, Jefferson County Public Schools, Griffith University, Los Rios Community College District, Tervita Corporation, INFRA S.A. de C.V., ICF Habitat, Central Washington University, Tech Mahindra Limited, Cognizant Technology Solutions, Stanford Childrens Health
    Top Industries
    REVIEWERS
    Computer Software Company33%
    University11%
    Energy/Utilities Company11%
    Financial Services Firm11%
    VISITORS READING REVIEWS
    Educational Organization41%
    Computer Software Company8%
    University6%
    Financial Services Firm5%
    REVIEWERS
    University12%
    Computer Software Company10%
    Financial Services Firm10%
    Manufacturing Company10%
    VISITORS READING REVIEWS
    Computer Software Company11%
    Financial Services Firm10%
    Government9%
    University9%
    Company Size
    REVIEWERS
    Small Business41%
    Midsize Enterprise16%
    Large Enterprise43%
    VISITORS READING REVIEWS
    Small Business14%
    Midsize Enterprise46%
    Large Enterprise40%
    REVIEWERS
    Small Business26%
    Midsize Enterprise18%
    Large Enterprise55%
    VISITORS READING REVIEWS
    Small Business16%
    Midsize Enterprise13%
    Large Enterprise71%
    Buyer's Guide
    Cloud ERP
    June 2024
    Find out what your peers are saying about NetSuite, Oracle, SAP and others in Cloud ERP. Updated: June 2024.
    772,649 professionals have used our research since 2012.

    Oracle Fusion Cloud ERP is ranked 2nd in Cloud ERP with 35 reviews while PeopleSoft is ranked 11th in ERP with 80 reviews. Oracle Fusion Cloud ERP is rated 8.2, while PeopleSoft is rated 8.0. The top reviewer of Oracle Fusion Cloud ERP writes "Everything can be found in one place and it is all embedded in a single system". On the other hand, the top reviewer of PeopleSoft writes "Comprehensive solution for SCM but requires add-ons for fluid pages". Oracle Fusion Cloud ERP is most compared with NetSuite ERP, SAP S/4HANA, JD Edwards EnterpriseOne, SAP Business One and Microsoft Dynamics AX, whereas PeopleSoft is most compared with Oracle HCM Cloud, Workday, SAP SuccessFactors, SAP ERP and Oracle E-Business Suite.

    We monitor all Cloud ERP reviews to prevent fraudulent reviews and keep review quality high. We do not post reviews by company employees or direct competitors. We validate each review for authenticity via cross-reference with LinkedIn, and personal follow-up with the reviewer when necessary.