What Is Oracle ERP Software?

Last Updated: August 11th, 2025
Researched and Written by: Sydney Hoffman

Oracle ERP software is a SaaS suite of software applications introduced by Oracle Corporation in 2012. As an ERP software, it streamlines business operations like financial management, procurement, and project management in a central platform.

What is Oracle ERP?

Oracle Fusion Cloud ERP, sometimes referred to as Oracle Cloud ERP, is the company’s flagship cloud-based ERP software. It streamlines enterprise operations in accounting, project, and supply chain management. Built on the Oracle Fusion Applications platform and powered by Oracle Fusion Middleware, it supports public cloud, private cloud, and hybrid deployment models.

Additionally, Oracle ERP Cloud offers scalability, allowing it to grow alongside businesses as they expand and evolve. It incorporates features like AI for automating manual processes. It also harnesses machine learning insights to predict and preempt potential issues before they can damage operations.

Supply Chain Management in Oracle ERP
Oracle Fusion Cloud ERP provides backlog analytics to help businesses manage their backlog of sales orders.

How Oracle ERP Fits into the Broader Portfolio

Oracle Cloud ERP is one of several ERP offerings from Oracle:

Oracle Fusion Cloud ERP (2012-Present) is a cloud-native ERP built on Fusion Applications, updated quarterly; this is what most people mean by “Oracle ERP” today.

Oracle Fusion Cloud ERP
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Oracle Fusion Cloud ERP: Financials Cloud
Oracle Fusion Cloud ERP: Procurement Cloud
Oracle Fusion Cloud ERP: SCM Cloud
What We Like
Automated and controlled financial planning and reporting
Flexible scalability
No expensive hardware required for deployment
What We Don’t Like
Additional costs for integrated products
Basic reporting tools
High implementation costs
Overview
Price Range: $$$$$
Starting Price: $175/user/month
Client OS: Web
Deployment: Cloud Hosted

**Oracle E-Business Suite (1980s-Present) is a legacy on-premises ERP with ongoing support under Oracle’s “Applications Unlimited” program, currently extended through 2036.

Oracle E-Business Suite

What We Like
Supports multi-national data formats
Supports multiple languages and currencies
Embedded Oracle E-Business Intelligence tools
What We Don’t Like
Pricing requires consultation
Tedious implementation
Less user-friendly than newer cloud solutions
Overview
Price Range: $$$$$
Client OS: Windows, macOS, Web
Deployment: Cloud Hosted

NetSuite is a cloud-based, developer-hosted ERP software supporting finance, operations, sales, service, and HR needs. NetSuite is best for small businesses with 10 to 50 employees, mid-market companies with 50-200 employees, and enterprises with over 10,000 employees. The company was seeded with start-up money from Oracle CEO Larry Ellison.

NetSuite ERP
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NetSuite ERP: Home Screen
NetSuite ERP: Income Statement
NetSuite ERP: Journal
NetSuite ERP: Unrealized Exchange Rate Gains and Losses
NetSuite ERP: Ecommerce Customer Statistics
NetSuite ERP: Sales Orders
NetSuite ERP: Revenue Recognition
What We Like
Hundreds of third-party add-ons available
Feature sets for multiple industries
Highly customizable
What We Don’t Like
Must schedule a consult for pricing details
Tedious setup
Difficult to build reports
Overview
Price Range: $$$$
Starting Price: $1,428/month
Client OS: Web
Deployment: Cloud Hosted

JD Edwards EnterpriseOne is an ERP system with a suite of modular, industry-specific business applications. The platform runs on Oracle’s cloud, and is ideally suited for organizations that manufacture, construct, distribute, service, or manage products or physical assets.

JD Edwards EnterpriseOne
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JD Edwards EnterpriseOne: Saved Query
JD Edwards EnterpriseOne: Auto Suggest
JD Edwards EnterpriseOne: Sales Order
JD Edwards EnterpriseOne: Home Page
What We Like
Highly scalable and flexible
Updates are often released quarterly
Over 80 enterprise level applications
What We Don’t Like
Steep learning curve
High total cost of ownership
Complex Implementation process
Overview
Price Range: $$$$$
Starting Price: $5,605/user/month
Client OS: Windows
Deployment: Cloud or On-Premises

A Brief History of Oracle ERP

Oracle Corporation, established in 1977, initially gained prominence with its relational database software. It then expanded into the ERP domain, initially with Oracle Financials, which later evolved into the Oracle E-Business Suite.

The early 2000s saw Oracle amplify its offerings through key acquisitions like PeopleSoft and JD Edwards. Recognizing the cloud’s transformative potential in the 2010s, Oracle launched its cloud-native solution, Oracle ERP Cloud. Designed with modern best practices and scalability, it offers functionalities like supply chain and project management. Today Oracle ERP Cloud stands as one of the market’s leading cloud-based platforms.

Oracle ERP Modules

The Oracle ERP Cloud suite comprises nine distinct software modules:

  • Project Portfolio Management Cloud: Helps organizations manage projects efficiently, from planning to execution
  • Procurement Cloud: Facilitates procurement processes, spend analysis, supplier collaboration
  • Risk Management Cloud: Helps manage risks and meet compliance and privacy mandates within the ERP system
  • Governance, Risk, and Compliance Cloud: Helps manage risks and meet compliance across the enterprise (not just within the ERP system)
  • Supply Chain Management Cloud: Optimizes supply chain operations like procurement and order fulfillment
  • Enterprise Performance Management Cloud: Helps organizations manage their financial and operational performance data
  • Human Capital Management Cloud: Streamlines HR tasks like recruitment and payroll
  • Customer Experience Cloud: Enhances customer interactions, sales, service
  • Financials Cloud: Manages financial processes like accounting, budgeting, and reporting
Transaction Management in Oracle ERP
Oracle Financials Cloud also helps companies manage transactions and determine the status of payment approvals.

Which Types of Businesses Use Oracle ERP?

Oracle ERP Cloud finds its place in companies of varying sizes, from small businesses with under 50 employees to enterprises with over 10,000. It’s adopted by sectors such as professional services, retail, government, higher education, nonprofit, banking, and healthcare. Oracle ERP software is also prevalent in industries closely aligned with software, IT solutions, and staffing and recruiting.

The following corporations use Oracle ERP:

  • Lyft
  • Dropbox
  • goPuff
  • FedEx
  • Johnson Controls
  • AT&T
  • Skechers
  • Wendy’s
  • AMC

How Much Does Oracle ERP Cost?

Oracle ERP pricing covers different services with a standard three-year subscription term and a 10-user minimum requirement. The pricing is per hosted named user per month, which means you are billed monthly for each specific individual with access to the cloud-hosted software.

  • Enterprise Resource Planning Cloud Service: $625
  • Risk Management Cloud Service: $180
  • Procurement Cloud Service: $625
  • Supply Planning Cloud Service: $1,250
  • Fusion ERP Analytics: $450
  • Financial Reporting Compliance: $175
  • Additional Financial Controls: +$80
  • Access Controls: +$150

Licensing fees, implementation costs, and ongoing maintenance expenses contribute to the overall cost. Contact Oracle’s sales representatives for precise pricing details.

Advantages and Disadvantages

Advantages:

  • Integration: Oracle Fusion Cloud ERP integrates with other Oracle cloud services, offering flexibility and scalability.
  • Modular Flexibility: The system is modular, allowing businesses to deploy specific components as needed, prioritizing key operational areas.
  • Scalability: Oracle Cloud ERP allows businesses to expand or decrease storage based on user demand, usage, and other factors, matching evolving business requirements.
  • Improved compliance: The platform increases compliance with internal and external regulations. This reduces the need for customization and allows organizations to create standard processes across the organization.
  • Breadth of product features: The system has a broad feature set including accounting, risk management, inventory, order management, procurement, and project management.

Disadvantages:

  • Complex Implementation: Large-scale deployments can be time-consuming and complex.
  • Costly: Initial investment and ongoing maintenance can be substantial. This goes especially for businesses lacking extensive IT resources or expertise.
  • Learning Curve: Users may require training to harness the full potential of Oracle ERP.
  • Vendor dependence: Using Oracle ERP Cloud requires reliance on a vendor for support and updates.
  • Limited customization: The system has limited customization options, which may not suit companies with unique processes.
Supply Order Details in Oracle ERP
One of the advantages of Oracle ERP is its breadth of product features, including a procurement module for checking supply order details, among other things.

How to Implement and Upgrade

Implementing Oracle ERP involves a series of steps, including assessment, planning, configuration, testing, and deployment. Organizations often collaborate with Oracle partners or consultants to navigate the intricacies of implementation. User training is crucial to ensure efficient utilization of the system. You can learn more about this process in our article on ERP Implementation Plans.

The system updates at least twice annually. Like most software solutions, Oracle ERP Cloud undergoes periodic upgrades to enhance functionality, security, and performance.

Products Approaching End-of-Life

  • Oracle Governance, Risk, and Compliance (GRC): End of support planned for May 2025. Businesses relying on this module should plan to migrate to Risk Management Cloud.
  • Oracle Content Management Cloud: Scheduled to be discontinued by December 31, 2025.
  • Oracle Social Network (OSN): Removed as of Fusion update 24C.

On-premise platforms like EBS and JD Edwards remain supported but are not actively being enhanced. Oracle encourages long-term clients to migrate toward Fusion Cloud Applications for future updates and scalability.

Alternatives

While Oracle ERP Cloud is a powerful solution, businesses exploring alternatives may consider:

MIcrosoft Dynamics 365 Finance & Operations is an enterprise ERP software offering deep integration with Microsoft apps. It consists of two main D365 apps: Finance and Supply Chain Management. The platform leverages Copilot AI to provide real-time insights and guidance to users.


Dynamics 365 Finance and Operations: Dashboard
Dynamics 365 Finance and Operations: Financial Visibility
Dynamics 365 Finance and Operations: Payments
Dynamics 365 Finance and Operations: Document Management
Dynamics 365 Finance and Operations: Budgets and Forecasts
Dynamics 365 Finance and Operations: Risk Analysis
What We Like
Advanced cross-platform analytics
Integrates with Microsoft products
Extensive customization options
What We Don’t Like
High implementation costs
Cost-prohibitive for smaller businesses
Overview
Price Range: $$$$
Starting Price: $210/user/month
Client OS: Windows, Web
Deployment: Cloud or On-Premises

SAP S/4HANA is another leading ERP product in the market, known for its advanced in-memory database for real-time processing and analysis. SAP and Oracle are major competitors, and many corporations will utilize both Oracle databases and SAP applications in their IT environments.

SAP S/4HANA
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SAP S/4HANA: Contracts Page
SAP S/4HANA: Contract Renewal Page
SAP S/4HANA: Procurement Overview Page
SAP S/4HANA: Production Orders Management Page
SAP S/4HANA: Sales Order Fulfillment Issues Page
SAP S/4HANA: Procurement Overview
SAP S/4HANA: Supplier Evaluation
What We Like
HANA database
Large network of resellers
Strong BI tools
What We Don’t Like
Difficult setup
Lack of pricing transparency
Relatively new and unproven
Overview
Price Range: $$$$$
Client OS: Windows, Web
Deployment: Cloud or On-Premises

IFS Cloud combines ERP, EAM, and service management for project-centric or asset-intensive industries. It’s ideal for operations where Oracle Cloud ERP may be overkill or less flexible.

IFS Cloud
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IFS Cloud: Inventory Central
IFS Cloud: Dashboard
IFS Cloud: Resource Details
IFS Cloud: Add Handling Unit
IFS Cloud: Shipment Orders
IFS Cloud: Shipment Handling Unit Structure
IFS Cloud: Inventory Part Availability Planning
IFS Cloud: Shipment Order
IFS Cloud: PTO Request
What We Like
Responsive customer support
User-friendly interface
Customizable based on features/modules
What We Don’t Like
Requires consult call for pricing
Can be a steep learning curve due to wealth of features
Overview
Price Range: $$$$$
Starting Price: $250,000 (perpetual license)
Client OS: Windows, Web
Deployment: Cloud or On-Premises
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