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IQMS Enterprise IQ vs Oracle E-Business Suite comparison

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Comparison Buyer's Guide

Executive Summary

Review summaries and opinions

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:
 

Categories and Ranking

IQMS Enterprise IQ
Ranking in ERP
35th
Average Rating
8.0
Number of Reviews
1
Ranking in other categories
No ranking in other categories
Oracle E-Business Suite
Ranking in ERP
3rd
Average Rating
7.8
Reviews Sentiment
6.7
Number of Reviews
157
Ranking in other categories
Field Service Management (1st), Activity Based Costing Software (1st), Benefits Administration (2nd), Enterprise Resource Planning for Manufacturing (1st), Product Configuration and Quoting (2nd)
 

Mindshare comparison

As of September 2026, in the ERP category, the mindshare of IQMS Enterprise IQ is 0.9%, up from 0.8% compared to the previous year. The mindshare of Oracle E-Business Suite is 4.0%, down from 5.2% compared to the previous year. It is calculated based on PeerSpot user engagement data.
ERP Mindshare Distribution
ProductMindshare (%)
Oracle E-Business Suite4.0%
IQMS Enterprise IQ0.9%
Other95.1%
ERP
 

Featured Reviews

VR
Retired at Retired
Allows customization for production and has good sales, distribution, and quality management features
Previously, we were using a very small ERP called Visual Udyog. Visual Udyog is a very cheap solution. For a startup company, it's useful. It's not an elaborate ERP, but it gives at least 25% of what IQMS gives. It can give 25% or even close to 50% of what IQMS can give and at 10% of the cost. Initially, for the first five years of the company, where it has only one million turnover or two million turnover, it is enough. Once you want to scale up, you have to go to SAP or IQMS. I also worked with SAP. I would say that IQMS and SAP go hand-in-hand.
Md. Mazharul Islam - PeerSpot reviewer
Incharge Corporate Accounts & ERP System at General Pharmaceuticals Limited.
Has connected financial data across departments and improved future cash flow planning
I would like to improve the integration with other solutions, as I need everything integrated, like the HR module, purchase module, SCM, production, and engineering. Each and every module should be connected to the finance module, and I think Oracle provides the right solution. Also, SAP, IFS, or Microsoft Dynamics 365 offer some solutions, but I am not as happy with them as I am with Oracle. I believe that Oracle E-Business Suite could improve by transitioning from Java-based scripts in our system to a web-based environment. While Oracle already has JD Edwards available in web-based format, I think it needs to be smoother for optimization and presentation in the future. In comparison, IFS is fully web-based, and all applications are sufficiently good and user-friendly. We are developing and trying to improve to a web-based setup, but it is currently too costly.

Quotes from Members

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:
 

Pros

"This solution has all of the features you need: sales, distribution, supply chain. It has logistics and production management capabilities. It has so many modules, which were integrated using our expertise."
"The most valuable feature of Oracle E-Business Suite is the customization."
"It is quite stable."
"We have saved millions of dollars in inventory."
"The most valuable features of Oracle E-Business Suite are all the 15 to 20 modules. We use them on a day-to-day basis."
"The most valuable features are the financial-related capabilities."
"The most valuable feature is its ability to give us real-time information."
"After implementation, you can build whatever you want."
"It has improved the way we worked; everything is now on a very well-centered database."
 

Cons

"Setup is very complex."
"It was very complex, which is why it took us so long."
"Technical support is focused on-cloud versus on-premise customers."
"Sometimes I have issues with the performance tuning."
"Right now, I don’t think the version that we are using supports mobile devices."
"I would like to see more connections with the third-party application, such as banks and credit card companies."
"These are the pain points with Oracle. The license is normalized or broken down to such a level that it becomes a pain."
"It is not a good idea to use this old system nowadays. It is deprecated. Choose more modern system."
"Deployment is not simple, particular with mobile applications."
"The system has bugs, is not user friendly, and requires too much customization."
 

Pricing and Cost Advice

"We paid about 20% with the purchase order. Six months later, we paid another 20%, and then another 20% after another six months. We paid the remaining 40% after 18 months."
"The pricing of the solution is at about $700-$750 per year."
"Products concerning areas like CRM and ERP should provide value at lesser costs to customers, especially if you consider that the initial cost of implementation is high."
"Licensing is on a yearly basis. There is an initial cost, and the standard fee is 22% per year."
"The price would be better if it were lower."
"We have an annual license to use the Oracle E-Business Suite and we have an enterprise license."
"Licensing and costing of Oracle EBS is very complex. We recommend to use a system integrator during the negotiation process since Oracle sales representatives sometime do not know the actual minimum requirements and may oversell the necessary licenses through ignorance."
"E-Business Suite's pricing could be lower."
"Fees for support and licensing should be reduced."
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Top Industries

By visitors reading reviews
Manufacturing Company
22%
Comms Service Provider
9%
Outsourcing Company
7%
Computer Software Company
5%
Construction Company
10%
Outsourcing Company
10%
Financial Services Firm
8%
Manufacturing Company
8%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
No data available
By reviewers
Company SizeCount
Small Business42
Midsize Enterprise34
Large Enterprise114
 

Questions from the Community

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What is your experience regarding pricing and costs for Oracle E-Business Suite?
The pricing for Oracle E-Business Suite is varying high, depending on the country. For small businesses or those generating low revenue, it is often expensive. However, for governments or multinati...
What needs improvement with Oracle E-Business Suite?
Oracle E-Business Suite has already provided many solutions and continues to do so for implementers and consultancy firms. They offer many benefits through easy steps, support forums, and communiti...
What is your primary use case for Oracle E-Business Suite?
I am working on an ERP solution that Oracle provides, which is Oracle E-Business Suite. Oracle E-Business Suite contains many modules that cover tax, finance, HR, projects, and many solutions they ...
 

Also Known As

Enterprise IQ
Oracle EBS, OEBS
 

Overview

 

Sample Customers

Poly-Cast, Custom Profile, Nicolet Plastics, Double H Plastics Inc., Network Plymers, Load Trail, Mar-Bal Inc., Donnelly, Steinwall Scientific, Nissen Chemitec America, Miniature Precision Components
Colab, Portobello, Saudi Telecom Company, DG Khan Cement, Dubai Holding
Find out what your peers are saying about SAP, Oracle, Microsoft and others in ERP. Updated: August 2026.
914,109 professionals have used our research since 2012.