What is oracle erp and what is infor erp
Oracle ERP is a very popular enterprise resource planning software platform that provides an integrated suite of modules to manage different aspects of the entire business. The Oracle System is an all-in-one solution for any sized company. The system allows the enterprise to efficiently control and maintain its financial goals and objectives while enabling management to make better business decisions.
Infor ERP is a popular Enterprise Resource Planning application designed for businesses of all sizes. The Infor System is a modular system that can be configured to meet the specific needs of your business. The system is optimized for powerful software solutions that are either developed in-house or by separate companies. Infor Enterprise Resource Planning solution enables businesses to become more competitive, profitable and manage their target markets with ease.
The benefits of oracle erp over infor erp
The Oracle ERP is fully integrated and has modules for financial and accounting, manufacturing, distribution, project management and human resources.While Infor ERP also provides all these modules but it does not provide a seamless integration between the different modules.And another advantage of the Oracle ERP is that it is cloud-based and could be accessed anytime anywhere by authorised employees.While Infor ERP is on-premise.
Another main benefit of Oracle ERP is the cost.The yearly maintenance cost for oracle erp is much less than Infor ERP.And since it can be accessed from anywhere,it costs lesser than an on-premise solution.While Infor ERPs yearly maintenance is more as compared to Oracle erp and it costs more if the customer wants to use Infor from anywhere.
Oracle ERP also provides better security features like password encryption and automatic log off etc.While Infor ERP does not provide these features.
The features of oracle erp that make it better than infor erp
The Oracle ERP has a very user friendly interface and a lot of online tutorials are available to learn the software. The interface is as per the standards of web-based applications. A large variety of reports can be generated which makes the task more easier.The accounting module of the Oracle ERP is just outstanding as it provides all the regular accounting features in a single module.Also, it can be integrated with the other modules to the extent possible.
The SAP ERP is somehow complex as compared to the Oracle ERP. But it can be configured to produce reports that comply with the European Society of (ESG) standards. In addition, information can be shared with other systems and applications by means of linking accounts, reports and data.
In case both the erp software are installed, it is mandatory for them to be connected properly. This operation involves integration and assimilation of the two systems which is a time-consuming process.
The SAP ERP has a user-friendly interface and a lot of online tutorials are available to learn the software. The interface is as per the standards of web-based applications. A large variety of reports can be generated which makes the task more easier.
The Oracle ERP has a very user friendly interface and a lot of online tutorials are available to learn the software. [ARTICLE END]
GitHub Source: http://blog.indieprojectz.com/oracle-versus-infor-erp-comparison
Blog Description:A side by side comparison between Oracle and Infor ERP (Enterprise Resource Planning)
Author:Indie Projectz LLC
Published Date:08 June 2012
How to decide which erp is right for your business
A well planned business needs to be profitable and run it with consistency.It cannot be done with a software which is based on a time-consuming training. An end user should have all the necessary competencies of a professional ERP system. The main thing is to choose the best ERP for your business where you can get maximum efficiency, productivity and profitability.
To choose the best ERP for your business, there is nothing better than an experienced ERP professional who knows everything about ERPs and can give you insightful advice.Getting the help of someone who has experience working on different ERP implementations, can help you get a better understanding of how a good ERP system works and how it should be designed.
ERP is mainly used by companies that are higher than $10 million in revenues. The majority of ERP systems out there are generally targeted toward mid-size to large sized companies. The reason that there are only 10% of best in class ERP for small/medium sized businesses is because of the lack of experience and knowledge about implementing these systems.
In order to be able to implement a good ERP system, you need to have an experienced partner who has worked on a similar project before. You will also need to take into account the specific needs the company has and how the company is going to use the system. If the company is a start up, then you will have to consider things like the budget, schedule and priority.
The cost of oracle erp and the cost of infor erp
Oracle ERP costs around 5 lakhs and the Infor ERP is around 12 to 15 lakhs.To be on the safer side, it would be better to spend the extra money on a Oracle ERP.The Oracle ERP is a proven and reliable product and has an established base of satisfied customers. Infor ERP is also a good software, but if you compare the cost, Oracle ERP definitely saves more money as it has more functions than Infor.Inifor ERP is priced at 15 lakhs, but the Oracle ERP is priced 12.8 lakhs and can be bought at a cheaper rate. To use the system in an efficient manner, it is better to go with the Oracle ERP system since this software cost less. Oracle software has a wide range of functions and is better than Infor ERP as it supports many different operations. It also helps make your business profitable if you can manage your business effectively.
The Oracle ERP software can be used in a vast number of different sectors such as telecom, pharmaceutical industry, oil and gas companies and more. The main purpose of a ERP software is to automate processes. Infor ERP is a very good ERP software but cannot be compared with the Oracle ERP. The Infor ERP has received favorable reviews from the customers but due to its high initial cost, looks less reliable than the Oracle ERP.