Top Oracle Cloud Alternatives & Competitors in 2024 | Canada

The ERP market is flooded with numerous ERP solutions, whether it is Oracle Cloud ERP or Microsoft ERP. However, opting for the perfect solution among all has become a critical task for business owners and decision-makers.

Businesses using Oracle ERP can face challenges due to high cost, limited customization opportunity, steep learning curve, implementation complexity, and vendor dependency.

That’s the reason growing businesses are looking for a better alternative ERP solution than Oracle Cloud. However, businesses have to go through a multitude of options before choosing the ideal solution.

Our team of technical consultants and data analysts has conducted thorough research to identify better Oracle cloud ERP alternatives. In this article, you will find the top 7 ERP solutions that you should check before moving forward with Oracle.

Microsoft Dynamics 365 Business Central

Dynamics 365 Business Central is considered a better alternative to Oracle cloud applications due to its automation and cloud capabilities.

BC comes with a wide range of capabilities that improve operational efficiency, reduce errors, and automate business processes. These functionalities are:

• Warehouse management
• Data analytics
• Finance management
• Accounts payable
• Budgeting
• CRM

Moreover, it comes with integration capabilities, simplifying business operations and enhancing overall performance.

Businesses can also harness the in-built Copilot to automate repetitive tasks, get access to real-time insight, improve collaboration, and reduce costs.

SAP Business One

Image Source: SAP

Business One can be used as an alternative with its limited functionality. It is positioned for SMBs to make informed decisions and streamline operations. This ERP system facilitates:

• Business intelligence
• Accounting
• Sales
• Customer management
• Data analytics
• Reporting

However, it doesn’t provide payroll functionality, scalability support, or complex user interfaces. 

Dynamics 365 Finance & Operations

Dynamics 365 F&O is an ideal solution for mid- and large-size businesses that want to simplify their finance and supply chain management processes.

It comes with a wide range of capabilities, allowing you to simplify:

• Budgeting
• Accounts payable
• Cost management
• Credit management
• Revenue recognition
• General ledger
• Production control
• Procurement
• Sourcing 

SAP S/4HANA

Image Source: SAP S/4HANA

SAP S/4HANA is a cloud-based ERP solution that helps businesses access real-time data at their fingertips. Businesses can use this for a high degree of scalability and choose it as an industry-specific solution.

Usually, SAP S/4HANA Cloud is a good fit for larger organizations.

However, SAP S/4HANA is only compatible with the SAP HANA database. Moving data from one solution to another can be the biggest concern for businesses, making the implementation process more complicated.

Odoo

Image Source: Odoo

It is an open-source tool that offers cloud and on-premises deployment. Odoo covers all your business needs with its CRM and ERP capabilities.

This software comes in a freemium model, meaning you can access basic features for free and have additional features while subscribing to its paid offering.

However, customization might require technical expertise and can support large enterprises with high traction value.

Infor CloudSuite

Image Source: Infor

Infor is a cloud-based ERP system that serves all companies, regardless of their size. Businesses can use this solution as an Oracle applications cloud ERP alternative to get lower upfront costs, improved security, and easier scalability.

Infor CloudSuite can be complex for users, especially non-technical users, leading to a steep learning curve. Most of the businesses are not getting enough local support from Infor CloudSuite when they encounter a problem.

Acumatica Cloud ERP

Image Source: Acumatica

Acumatica is another cloud-based ERP system that offers the same advantages as Oracle Cloud. It serves SMBs with its industry-specific and user-friendly solutions.

Additionally, it is easily adaptable as your business grows.

It can be costly for small businesses and demand extensive customization to align its capabilities with business requirements.

As per current data, Acumatica Cloud ERP implementation takes a long time and resources when it comes to implementation.

Which Solution Suits You Best?

In this article, we have gone through the top seven Oracle cloud ERP alternatives that are better in terms of features, capabilities, and performance.

However, it is recommended to be careful while choosing the perfect option, as it can directly impact your business.

Choosing the best option directly depends on your business requirements. Start by assessing your requirements first. This will help you understand which ERP system can align with your long-term requirements.

For instance, if you are an SMB, look for solutions that cover your comprehensive needs within your budget.

Moreover, you should consider factors such as integration, ease of use, customization options, and other capabilities. Choose an option that is suitable for your business.

How Can Dynamics Square Help?

Dynamics Square is a renowned name that helps you choose an ideal solution for your business. We prioritize your industry-specific needs, customization, and integration requirements while choosing the best solution for you.

We have 135+ technical consultants and 14 years of industrial experience in implementing Microsoft business solutions as per needs. With innovations and futuristic technologies,

we help you generate maximum ROI while pushing your business towards great scalability.

Whenever you need us, feel free to write us an email at info@dynamicssquare.com , or you can contact our team for instant support.