For the 5th year in a row, Gartner has named Oracle Fusion Cloud ERP as a Leader in its 2021 Magic Quadrant for Cloud Core Financial Management Suites for Midsize, Large and Global Enterprises. We’re thrilled to make this report available to readers with our compliments.
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Gartner recognizes Oracle as having the highest “Ability to Execute” as well as the furthest “Completeness of Vision.” We believe this recognition as a Leader is driven by five tenets that we use to guide development of all our Oracle Cloud applications:
Our strategy for Oracle Cloud ERP is to support your most critical business activities with touchless processing, predictive analytics, an immersive user experience, and intelligent recommendations driven by machine learning.
But don’t take our word for it! Read what Oracle customers have to say about the value they’re getting from Oracle Cloud ERP.
“It's really important for us that we have one single source of the truth across our enterprise, and that means making sure that our front end and our back end are fully integrated. When we think about a big acquisition such as BevMo! that is strategic for us, we want to make sure that we are optimizing the value there. Oracle is going to be a key partner to us in that.” — Josh Burke, CFO, goPuff
“One of the things that we realized early on was that this is a different type of relationship with a software company. It wasn’t just selling software to us. It was about developing a long-term relationship.” — Debra Robinson, Senior Vice President and CIO, Oracle Technology and Operations, Hearst
“It’s an integrated environment, from product development all the way to customer feedback. If Workday, SAP, and Salesforce really want to continue to nip at the heels of Oracle Cloud, they're going to have to invest in developing more comprehensive and more integrated suites.” — Craig Halterman, CIO, Cohu
“The world's going a thousand miles an hour, so for me to say, ‘Wait, I need another week’ just doesn't work anymore. Oracle is reimagining the financial systems footprint. It's a true transformation at Lyft with the products we're implementing.” — Lisa Blackwood-Kapral, Chief Accounting Officer, Lyft
“We’ve been investing heavily in finance modernization at Square to create a world-class workplace where finance talent comes to learn how to support business model innovation—and be the next CFO at an industry disruptor.” — Ajmere Dale, Chief Accounting Officer, Square
“I’ve been in IT for 20 years, and I’ve never before seen a company’s products advance as quickly in a year as the Oracle Cloud products advanced. That investment is what really excited us.” — Jon Allen, Interim CIO and Chief Information Security Officer, Baylor University
“We needed a solution with built-in machine learning that integrated with our ERP, eliminated complexity, and simplified application development. Running on Oracle Cloud Infrastructure means we close our accounts receivable process four times faster.” — Vikram Singhvi, Head of Enterprise Applications, Dropbox
“In the very first month after our go-live, my key stakeholders told me that they have absolute trust in the numbers we are providing them. They’re not fighting over whether the data is right or not. That was really heartening and very satisfying to get that kind of feedback.” — Swaroop Khekale, Enterprise Planning Leader, Lion
“We were able to run the whole [back-office] operation without anybody in the office. We never thought we’d be able to run the company without employees onsite.” — Mohamed Absar, Chief of Staff for Logistics and Technology and Head of Projects and Solutions, DP World
And finally, Oracle is committed to improving our own business processes with the use of Oracle Cloud ERP. According to CEO Safra Catz, “With Oracle Cloud ERP we are now filing our quarterly and annual financial statements faster than any other company in the S&P 500.” This helps us spend less time looking backwards and more time working with our 7,700+ customers to build a Cloud ERP that drives their business forward.
Lynne has 25 years experience in journalism and marketing. She spent the first 10 years of her career at the Canadian Broadcasting Corporation, covering major news events such as the Quebec referendum, two federal elections, and the crash of Swissair flight 111 - coverage of which won a Gemini Award for “Best News Special Event Coverage.” Since then, Lynne has worked in marketing and communications for high technology companies such as Whitehill Technologies and Skywire Software. She currently works at Oracle as managing editor of The Modern Finance Leader, winner of a 2018 Killer Content Award from Demand Gen Report.