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IQMS Enterprise IQ vs Oracle Fusion Cloud ERP comparison

 

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
Average Rating
8.0
Number of Reviews
1
Ranking in other categories
ERP (29th)
Oracle Fusion Cloud ERP
Average Rating
8.2
Reviews Sentiment
6.5
Number of Reviews
45
Ranking in other categories
Cloud ERP (1st)
 

Mindshare comparison

While both are Enterprise Resource Planning solutions, they serve different purposes. IQMS Enterprise IQ is designed for ERP and holds a mindshare of 0.5%, up 0.5% compared to last year.
Oracle Fusion Cloud ERP, on the other hand, focuses on Cloud ERP, holds 19.1% mindshare, down 34.1% since last year.
ERP
Cloud ERP
 

Featured Reviews

VR
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.
Muhammad Umair Siddiqui - PeerSpot reviewer
AI automation saves time and simplifies financial processes
The data entry process is very time-consuming. Without using options like ODA, manually entering data in the GLS screen or Oracle invoices is a time-consuming job. The screens could be improved, as a lot of mouse clicks are required, and multiple fields need to be entered. Although it has a workaround with spreadsheets, the screen interface could be better.

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."
"I find that the overall framework and database structure is quite comprehensive."
"Built-in business intelligence has real-time reporting features that are quite handy."
"The solution is approximately 70 percent scalable. We have more than 100 people using the solution in my organization."
"Oracle Fusion Cloud ERP has integrated the best features from various sources. For instance, it incorporates the strengths of HCM from PeopleSoft, PPM from another source and CRM from Salesforce."
"Oracle has proprietary cloud technology and provides high levels of technology and security."
"The solution is scalable and very stable. You don't need to worry about the underpinning infrastructure."
"It is easy and very convenient for clients to go to the front end and check whatever update they want to look at."
"It provides our management a real-time view of operations."
 

Cons

"Setup is very complex."
"Technical support is good, however, sometimes we do need to wait for an answer."
"There are integration issues and a lack of flexibility within OIC. When integrating systems, the process feels rigid and linear."
"The initial setup can be somewhat complex."
"Oracle Fusion Cloud ERP's interface needs to be improved."
"The solution's new analytics information, dashboard, and flexibility of reporting could be improved."
"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."
"We have had concerns about the security and flexibility of the application. The approach with Oracle ERP Cloud should be more holistic rather than user or computer-based."
 

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."
"Oracle ERP Cloud is on the expensive side."
"We have an annual license with Oracle, however if we need additional features we do pay for them."
"It is too costly."
"We pay additional costs to a consulting company."
"For an ERP Cloud, the pricing is relatively high."
"Oracle Fusion Cloud ERP is reasonable and recommended for medium-sized enterprises. It might be a bit expensive for smaller businesses, but it is a good product if they have sufficient users."
"The product pricing is based on a per-user model. It is expensive."
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Top Industries

By visitors reading reviews
Manufacturing Company
23%
Healthcare Company
13%
Computer Software Company
13%
Financial Services Firm
6%
Computer Software Company
12%
Manufacturing Company
9%
Financial Services Firm
9%
Educational Organization
8%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
No data available
 

Questions from the Community

Ask a question
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What do you like most about Oracle ERP Cloud?
The user interface is the best feature.
What is your experience regarding pricing and costs for Oracle ERP Cloud?
Oracle Fusion Cloud ERP might be considered expensive, especially in Pakistan due to conversion rates. It can be difficult to convince customers because of price differences when compared with EBS....
What needs improvement with Oracle ERP Cloud?
The data entry process is very time-consuming. Without using options like ODA, manually entering data in the GLS screen or Oracle invoices is a time-consuming job. The screens could be improved, as...
 

Also Known As

Enterprise IQ
No data available
 

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
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
Find out what your peers are saying about SAP, Microsoft, Infor and others in ERP. Updated: July 2025.
865,164 professionals have used our research since 2012.