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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
4th
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 (5th), Enterprise Resource Planning for Manufacturing (1st), Product Configuration and Quoting (2nd)
 

Mindshare comparison

As of November 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 4.2%, down from 4.9% compared to the previous year. It is calculated based on PeerSpot user engagement data.
ERP Mindshare Distribution
ProductMindshare (%)
Oracle E-Business Suite4.2%
IQMS Enterprise IQ0.9%
Other94.9%
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.
AK
Technical Consultant at AAK
Smart reporting has transformed financial oversight and supports informed business decisions
I have been working on the technical side of Oracle E-Business Suite, where we provide data to our clients according to their needs, such as in forms and visual BI, in reports, and other formats. People use Oracle E-Business Suite to grow their business and to analyze real profit and losses they see after implementing this system. It is a smart solution that depends on the team implementing it and who provides the reports and all data or BI reports to key persons to show how the direction of their company is going. It also provides predictions for them. A steering committee can take many decisions from their organization's data displayed daily, monthly, or yearly. The system helps people boost their business by identifying existing loopholes and determining what more can be done to overcome problems or disasters. The advanced reporting tools in Oracle E-Business Suite are very smart. I only need to have the company's data and input it into the tools they have provided, including BI. They provide business solutions and reporting analytics, and there are many complex reports as well. The requirement varies by client; for instance, if they seek reports related to SCM or iProcurement, we provide solutions to the market in terms of reporting for their stock. The reports indicate if stock is short, over, or provide predictions. Oracle E-Business Suite is keeping up with the market and now introducing AI database capabilities. It offers a comprehensive solution for businesses, whether joint or small retailers, provided it is properly implemented and guided.

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."
"It's a tightly integrated solution."
"It is a single-point solution, where we use one application that connects to a lot of systems, as opposed to trying to buy multiple best-of-breed systems or integrating them together; instead of having a lot of features in one system."
"Oracle EBS is scalable, the flexibility is there to setup an organization with multiple locations."
"If you have a small shop, Oracle can accommodate; if you're a big shop, Oracle can do that, too, so Oracle is a solution for every kind of business."
"Thanks to Oracle EBS, we can manage all company processes (inventory, manufacturing, logistic and finance) on one platform."
"We find the most value in the fact that all the modules within E-Business Suit are fully integrated into one solution."
"Rapidly implement jobs, positions, grades, and steps within setup of organizational structure."
"Oracle E-Business Suite's most valuable feature is the information that it provides."
 

Cons

"It was very complex, which is why it took us so long."
"Setup is very complex."
"The initial setup was a little complex."
"Oracle is not keeping up on development of the on-premises version of this product as they are concentrating on cloud solutions."
"We actually have an additional outside system to do our annual reports; that's how bad it is."
"I would like to see improvement in the overall UI."
"We need more user-friendly fast formulas for all HRMS modules."
"The pricing for Oracle E-Business Suite is varying high, depending on the country."
"The account executive was good, but when it came to training HR, it really failed - on this point I'd rate Oracle as 3/10."
"The user interface could be better; it's not good because they made their interface all in one, and my customers don't want to use it."
 

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 solution is quite expensive."
"Licensing is on a yearly basis. There is an initial cost, and the standard fee is 22% per year."
"Oracle has different licensing models available. For example, concurrent user license metric and power unit licensing metric. It is different from product to product, but for the application itself, the license is by the number of users."
"Oracle E-Business Suite is heavy subscriptions based and the solution's upgrades, under the technology licensing, are quite costly. Additionally, support is an extra cost. The price of the solution could be reduced."
"The license is very expensive and I think that it needs to be cheaper to get a wider range of users or customers."
"There is an annual licensing fee and you are able to add features depending on the scope of the environment."
"In order to minimize the implementation and consultancy costs, business lines should have proper definitions. They need to have a proper way of retrieving their data, which should be structured well."
"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."
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Top Industries

By visitors reading reviews
Manufacturing Company
20%
Comms Service Provider
11%
Financial Services Firm
7%
Outsourcing Company
7%
Outsourcing Company
10%
Construction Company
10%
Manufacturing Company
9%
Financial Services Firm
9%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
No data available
By reviewers
Company SizeCount
Small Business41
Midsize Enterprise35
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: November 2026.
921,028 professionals have used our research since 2012.