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IQMS Enterprise IQ vs Oracle E-Business Suite 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
Ranking in ERP
29th
Average Rating
8.0
Number of Reviews
1
Ranking in other categories
No ranking in other categories
Oracle E-Business Suite
Ranking in ERP
6th
Average Rating
7.8
Reviews Sentiment
7.0
Number of Reviews
153
Ranking in other categories
Field Service Management (1st), Activity Based Costing Software (1st), Benefits Administration (6th), Enterprise Resource Planning for Manufacturing (1st), Product Configuration and Quoting (3rd)
 

Mindshare comparison

As of April 2025, in the ERP category, the mindshare of IQMS Enterprise IQ is 0.6%, up from 0.4% compared to the previous year. The mindshare of Oracle E-Business Suite is 4.9%, down from 5.3% compared to the previous year. It is calculated based on PeerSpot user engagement data.
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.
James Balbach - PeerSpot reviewer
Centralizes our enterprise-wide functions but could benefit from cloud migration
We have dealt with customer service, and it was awful. For a system this size, it felt like we were merely buying software from them. They weren't really partnered with us on it. Reporting bugs and getting feedback, as well as having engineers work on issues, was very transactional. There was no real ownership on Oracle's part. During several support cases, it became difficult to determine ownership at Oracle and get status updates. The on-premises Oracle support is not great in my experience, and I think this is true in the industry. We've read about their software as a solution, and theoretically, their SaaS portal support is a lot 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."
"Flexible to set up an organization with multiple locations."
"E-Business Suite's best features are BAT functionality, flexibility, configurability, and integration with Oracle Database."
"It's highly customizable."
"Oracle E-Business Suite is a stable product."
"The implementation of Oracle E-Business Suite is easy."
"Order to cash and procure to pay process: They are valuable features because of their integration and flexibility."
"It is a solution for GFMIS (Governmental Fiscal Management Information Systems)."
"The most valuable features are straight-through processing because we need to make sure that we have a good end-to-end process."
 

Cons

"Setup is very complex."
"Movement to the cloud should be supported. Product support still needs to be improved."
"There are some business-specific processes still not implemented."
"It's difficult for some customers to understand in the beginning. A user really has to understand the processes."
"We would like to see some automation in this solution."
"Oracle E-Business Suite could improve the tables. When we remove some of them sometimes they cloud the modules into one. It becomes a little difficult to segregate."
"The solution needs to be updated with modern technology as it currently runs on the Java platform, JWE, which is obsolete and requires you to need an API supported browser."
"I would like an end-to-end in terms of processes. There are different modules, however, there's not that end-to-end that we are looking for in terms of process automation."
"In Oracle E-Business Suite, there should be a proper document flow for each transaction."
 

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."
"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."
"Oracle generally gives a lot of discounts."
"This product is more expensive if you compare it to SAP."
"At the time of purchasing the license the price was reasonable."
"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."
"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."
"Considering the market at the moment, Oracle needs to adjust the pricing of this solution."
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Top Industries

By visitors reading reviews
Manufacturing Company
21%
Computer Software Company
11%
Healthcare Company
10%
Energy/Utilities Company
9%
Educational Organization
68%
Computer Software Company
5%
Manufacturing Company
4%
Financial Services Firm
3%
 

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 E-Business Suite?
It was very easy to integrate the product into our existing infrastructure.
What needs improvement with Oracle E-Business Suite?
Oracle E-Business Suite should be more detailed and user-friendly. I should be able to customize the screen or application without needing technical support. The configuration and setup process is ...
 

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, Microsoft, Oracle and others in ERP. Updated: March 2025.
845,040 professionals have used our research since 2012.