SAP Vs. Oracle: 2023 Comparison

Deployment Options

• Cloud-based or on-premises

• Only cloud-based offered

With cloud-based deployment, new features, tools, and integrations can be added or upgraded fast and easily. For compliance reasons, some industries could demand on-premise deployments.

Accounting

Both solutions offer accounting features, such as A/P. A/R and fixed asset management

• The tools provided by SAP for risk management assist in identifying and understanding risk factors, preventing cash leakage, and enforcing policies.

• Incorporated governance, risk management, and compliance (GRC) standards that aid in upholding corporate compliance and automating various industry-specific compliance needs.
• The asset Management to Retirement module covers every stage of an asset’s lifecycle, including acquisition, amortization, and disposal.

Budgeting

• Basic budgeting features for managing and executing general planning

• Standard & advanced tools including “Asset Lifecycle Management” helps you to handle common budgeting requirements for businesses as well as leverage the financial potential of your equipment and other resources.

Pricing

• Straightforward pricing tools to manage product pricing

• Your basic prices can be changed in accordance with a market segment, currency, exchange rate, and other factors. It can also control profit margins, rebates, and discounts by following set guidelines.

Human Resources (HR)

• Offers advanced tools such as a well-designed employee portal where they can access and update their information.
• In addition to payroll, it provides e-recruiting capabilities that benefit businesses in retaining employees and reducing turnover.

• Reporting capabilities aren’t as robust as SAPs but the visual representations allow for quick communication.
• This feature may be crucial to you if you want to base more of your HR decisions on data. You may easily understand the history and future of your business by viewing the data.

CRM

• Gives you a complete picture of your customer’s history with the business and potential ongoing needs by integrating marketing, sales, and finance.
• SAP’s Customer Account Management tools help your business with nearly every aspect involving the customer.
• With customers’ histories, you can manage lead generation more effectively. Moreover, you can market contextually and use more intelligent sales tactics if you have a better understanding of your clients.
• For Sales-order management, SAP reaches out widely and supports distributors of all sizes and industries.

• With a single platform, you can plan budgets and marketing campaigns.
• Reporting and data features of Oracle are its strongest points for Sales-order management.

AI and ML

Both SAP and Oracle integrate AI, ML and automation into their software but each uses these tools in different ways.

• HANA computing platform is the basis of all SAP offerings.
• AI digital assistant “CoPilot” makes deep analytics & data accessible without requiring a human brain to dig through old reports.

• AI & ML tools are built into all parts of Oracle software.
• Managers can benefit from analytics and big data tools that use natural language processing for database searching and analysis.