NEXGEN Asset Management vs. Oracle E-Business Suite

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
NEXGEN Asset Management
Score 7.0 out of 10
N/A
NEXGEN Asset Management, from the company of the same name in Sacramento, is an asset management software that combines a computer maintenance management system with advanced asset management planning tools. Boasting 25 years of practical asset management program and software implementation experiences, NEXGEN Asset Management is a web-based software that was developed specifically to support a comprehensive asset management program. NEXGEN Asset Management has been implemented globally across…N/A
Oracle E-Business Suite
Score 7.6 out of 10
N/A
Oracle E-Business Suite is a comprehensive suite of integrated, global business applications. The suite includes cross-industry capabilities spanning ERP, CRM and supply chain planning.N/A
Pricing
NEXGEN Asset ManagementOracle E-Business Suite
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
NEXGEN Asset ManagementOracle E-Business Suite
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup Fee$25,000 one-time fee per installationNo setup fee
Additional DetailsWith NEXGEN you have full access to everything our software has to offer. This carries into support, maintenance, and upgrades, which are all included in our annual software fee, giving you direct access to the same staff who implemented your software for years to come—all at no extra charge.
More Pricing Information
Community Pulse
NEXGEN Asset ManagementOracle E-Business Suite
Features
NEXGEN Asset ManagementOracle E-Business Suite
Payroll Management
Comparison of Payroll Management features of Product A and Product B
NEXGEN Asset Management
-
Ratings
Oracle E-Business Suite
6.6
Ratings
8% below category average
Pay calculation00 Ratings3.00 Ratings
Benefit plan administration00 Ratings5.00 Ratings
Direct deposit files00 Ratings8.00 Ratings
Customization
Comparison of Customization features of Product A and Product B
NEXGEN Asset Management
-
Ratings
Oracle E-Business Suite
5.6
Ratings
30% below category average
API for custom integration00 Ratings3.00 Ratings
Plug-ins00 Ratings2.00 Ratings
Security
Comparison of Security features of Product A and Product B
NEXGEN Asset Management
-
Ratings
Oracle E-Business Suite
3.0
Ratings
93% below category average
Single sign-on capability00 Ratings3.00 Ratings
Role-based user permissions00 Ratings3.00 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
NEXGEN Asset Management
-
Ratings
Oracle E-Business Suite
4.0
Ratings
57% below category average
Dashboards00 Ratings5.00 Ratings
Standard reports00 Ratings4.00 Ratings
Custom reports00 Ratings3.00 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
NEXGEN Asset Management
-
Ratings
Oracle E-Business Suite
7.1
Ratings
8% below category average
Accounts payable00 Ratings6.70 Ratings
Accounts receivable00 Ratings7.10 Ratings
Global Financial Support00 Ratings8.90 Ratings
Primary and Secondary Ledgers00 Ratings9.00 Ratings
Journals and Reconciliations00 Ratings7.10 Ratings
Configurable Accounting00 Ratings6.10 Ratings
Standardized Processes00 Ratings6.10 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
NEXGEN Asset Management
-
Ratings
Oracle E-Business Suite
4.7
Ratings
51% below category average
Inventory tracking00 Ratings6.70 Ratings
Automatic reordering00 Ratings2.00 Ratings
Location management00 Ratings2.00 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
NEXGEN Asset Management
-
Ratings
Oracle E-Business Suite
7.5
Ratings
5% below category average
Pricing00 Ratings4.00 Ratings
Order entry00 Ratings7.00 Ratings
Credit card processing00 Ratings8.00 Ratings
Cost of goods sold00 Ratings7.00 Ratings
Order Orchestration00 Ratings8.90 Ratings
Subledger and Financial Process
Comparison of Subledger and Financial Process features of Product A and Product B
NEXGEN Asset Management
-
Ratings
Oracle E-Business Suite
8.0
Ratings
7% above category average
Billing Management00 Ratings6.50 Ratings
Cash and Asset Management00 Ratings6.10 Ratings
Travel & Expense Management00 Ratings6.00 Ratings
Budgetary Control & Encumbrance Accounting00 Ratings3.00 Ratings
Period Close00 Ratings7.10 Ratings
Project Financial Management
Comparison of Project Financial Management features of Product A and Product B
NEXGEN Asset Management
-
Ratings
Oracle E-Business Suite
7.8
Ratings
2% above category average
Budgeting and Forecasting00 Ratings8.00 Ratings
Project Costing00 Ratings8.00 Ratings
Cost Capture00 Ratings8.00 Ratings
Capital Project Management00 Ratings8.10 Ratings
Customer Contract Compliance00 Ratings8.10 Ratings
Project Revenue Recognition00 Ratings8.00 Ratings
Project Execution Management
Comparison of Project Execution Management features of Product A and Product B
NEXGEN Asset Management
-
Ratings
Oracle E-Business Suite
6.4
Ratings
8% below category average
Project Planning and Scheduling00 Ratings2.00 Ratings
Task Insight for Project Managers00 Ratings2.00 Ratings
Project Mobile Functionality00 Ratings3.00 Ratings
Definable Resource Pools00 Ratings6.00 Ratings
Grants Management
Comparison of Grants Management features of Product A and Product B
NEXGEN Asset Management
-
Ratings
Oracle E-Business Suite
7.4
Ratings
1% below category average
Award Lifecycle Management00 Ratings3.00 Ratings
Procurement
Comparison of Procurement features of Product A and Product B
NEXGEN Asset Management
-
Ratings
Oracle E-Business Suite
6.8
Ratings
2% below category average
Bids Analyzed and Compared00 Ratings2.00 Ratings
Contract Authoring00 Ratings2.00 Ratings
Contract Repository00 Ratings4.00 Ratings
Requisitions-to-Purchase Orders Integrated00 Ratings2.00 Ratings
Supplier Management00 Ratings3.00 Ratings
Risk Management
Comparison of Risk Management features of Product A and Product B
NEXGEN Asset Management
-
Ratings
Oracle E-Business Suite
6.6
Ratings
1% above category average
Risk Repository00 Ratings6.00 Ratings
Control Management00 Ratings8.00 Ratings
Control Efficiency Assessments00 Ratings4.00 Ratings
Issue Detection00 Ratings5.00 Ratings
Remediation and Certification00 Ratings8.00 Ratings
Logistics
Comparison of Logistics features of Product A and Product B
NEXGEN Asset Management
-
Ratings
Oracle E-Business Suite
5.6
Ratings
17% below category average
Transportation Planning and Optimization00 Ratings3.00 Ratings
Transportation Execution Management00 Ratings2.00 Ratings
Trade and Customs Management00 Ratings4.00 Ratings
Fulfillment Management00 Ratings4.00 Ratings
Warehouse Workforce Management00 Ratings2.00 Ratings
Manufacturing
Comparison of Manufacturing features of Product A and Product B
NEXGEN Asset Management
-
Ratings
Oracle E-Business Suite
6.0
Ratings
21% below category average
Production Process Design00 Ratings4.00 Ratings
Production Management00 Ratings3.00 Ratings
Configuration Management00 Ratings4.00 Ratings
Work Execution00 Ratings7.00 Ratings
Manufacturing Costs00 Ratings4.00 Ratings
Supply Chain
Comparison of Supply Chain features of Product A and Product B
NEXGEN Asset Management
-
Ratings
Oracle E-Business Suite
5.7
Ratings
22% below category average
Forecasting00 Ratings4.00 Ratings
Inventory Planning00 Ratings4.00 Ratings
Performance Monitoring00 Ratings6.00 Ratings
Product Lifecycle Management
Comparison of Product Lifecycle Management features of Product A and Product B
NEXGEN Asset Management
-
Ratings
Oracle E-Business Suite
6.7
Ratings
6% below category average
Proposal Management00 Ratings2.00 Ratings
Product Master Data Management00 Ratings3.00 Ratings
User Ratings
NEXGEN Asset ManagementOracle E-Business Suite
Likelihood to Recommend
8.1
(0 ratings)
7.1
(0 ratings)
Likelihood to Renew
-
(0 ratings)
8.0
(0 ratings)
Usability
9.1
(0 ratings)
6.2
(0 ratings)
Availability
-
(0 ratings)
3.0
(0 ratings)
Performance
-
(0 ratings)
6.0
(0 ratings)
Support Rating
-
(0 ratings)
6.0
(0 ratings)
In-Person Training
-
(0 ratings)
5.0
(0 ratings)
Online Training
-
(0 ratings)
4.0
(0 ratings)
Implementation Rating
-
(0 ratings)
6.7
(0 ratings)
Configurability
-
(0 ratings)
6.0
(0 ratings)
Ease of integration
-
(0 ratings)
6.0
(0 ratings)
Product Scalability
-
(0 ratings)
7.8
(0 ratings)
Vendor post-sale
-
(0 ratings)
6.0
(0 ratings)
Vendor pre-sale
-
(0 ratings)
4.0
(0 ratings)
User Testimonials
NEXGEN Asset ManagementOracle E-Business Suite
Likelihood to Recommend
In my opinion, this product was designed for water/wastewater application, and my recommendations would be to other utilities. But, NEXGEN Asset Management has developed versatility in its modules to accommodate multiple industries. NEXGEN University has been a great tool to help me educate end-users with deployment. Also, I have been able to use the knowledge base articles to resolve small issues and educate myself on the functionalities incorporated within the software.
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Oracle Cash and Treasury Management fill the gaps in treasury management with features that are very helpful in building the modern financial system that we so desperately need. It may not be the most intuitive tool on the treasury market, but with a little more practice time, important expense analysis can be achieved. I am confident in this treasury tool for this year 2022 and I would like to recommend it to other companies so that they can also have a better administration.
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Pros
  • Preventive maintenance scheduling
  • Vertical asset hierarchies by class and location
  • Allows customization of asset attributes through User Defined Fields
  • Allows multiple editing of work orders, service requests, and inspections to populate commonly used fields quickly.
  • Offers timely and helpful support assistance.
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  • The EBS Oracle Order Management and Shipping Execution solution allows the creation of an integrated, seamless order-to-cash process and accurately capture of customer orders across multiple channels.
  • Orchestration of order details for seamless fulfillment execution.
  • Efficient shipment planning and confirmation.
  • Communication of order status information to customers throughout the order lifecycle.
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Cons
  • Am currently having issues with getting PM's to generate
  • Customer service is great 75% of the time, but there are more difficult issues on the occasion that it takes me a while to hear back on, and I have to check-in
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  • Because the application is working globally, it sometimes hangs and the connection is dropped.
  • It should have more shortcuts to make it easier to develop macros. I create many macros and use the "sendkeys" command in VBA, due to the lack of these shortcuts, it is not possible to automate the process.
  • For now I can not think of other areas that require improvement.
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Likelihood to Renew
No answers on this topic
After almost 5 years, we have a full control of this ERP System. We are able to implement new functionalities and modules without any major "consulting" expenses. As of today we are making almost 90% of the personalization/customization and implementation all in house. Once [it] is tuned, [it] keeps running very well with no major issues.
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Usability
It is super easy to use and very easy to share, the only downside is you need to invest in training people for it just like any other software, I advise using a mix of in-person hands on training and web tools, because the web tools dont seem to be adequate for everyone
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The various forms - like order entry forms that allow the uses to enter sales orders and the ability to personalize the views based on end user needs - are easy to use and follow standard business processes. The new release has a big focus on usability and forms now have a familiar web look and feel which has increased usability considerably.
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Reliability and Availability
No answers on this topic
Because of the transactional nature of the system this software is available 24 X 7, and IT is responsible for making sure the system is available during normal business hours.
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Performance
No answers on this topic
The performance of the product is very good. Given the transactional nature of the system one of the key focus areas for IT is to make sure performance is not affected for internal reasons. This can also depend on the server configuration and setup. For example, performance on Exadata machine is far superior to other Linux custom systems that companies choose to deploy. In general though, as already pointed out, the platform is now very stable and has few bugs. Whenever there are any issues, the cause is usually customizations that we have made to the platform, rather than out-of-the-box standard functionality.
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Support Rating
No answers on this topic
In general, support has not been great - particularly standard (non premium) support . The main issue is that our IT staff has been using this platform for years and is very knowledgeable Whenever something goes wrong, we usually have a very precise idea of what the problem is. We are skilled at problem diagnosis. But the Oracle support process is very rigid and slow. Typically, we are required to go through a lengthy diagnosis process where they ask us multiple questions sometimes over several days and we are obliged to talk to different people with differing levels of knowledge. Since we already know what the problem is, we really just want a patch or a bug fix, but it takes days to get there instead of minutes. This can be very frustrating. This is a big part of the reason why we pay for premium support. But it's still a bit disappointing.
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Online Training
No answers on this topic
The instructors are usually precise and knowledgable, and it's convenient to take online classes whenever available any day of the year.
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Implementation Rating
No answers on this topic
The key success factors for the implementation was project management, in-house expertise in IT and time. The implementation process started with the initial evaluation with the initial upgrade on a test system and mapping out the gaps and requirements. We did work with Oracle to understand the new functionality R12 had to offer and did another upgrade and researched solutions. With the use of software development cycle procedures there were conference room pilots with IT, business users. We then refined the project plan to the core key details, performed mock go-live implementations and finally upgraded the software. Overall, this was a very successful process.
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Alternatives Considered
Nexgen is much more widely use and required less upfront investment in training. it was also less costly than Upkeep. The marketing was about the same for both, but it seemed like a simple decision as one of our key people had used nexgen previously and had good things to say about it
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Without knowing what product you have now I can not tell you the stack up. I don't want to tell you that this is better than what you have as I have not seen your setup. What I can tell you is that you can't go wrong with the Oracle name. It's a worldwide name and that alone should be taken into consideration. However, talk to your sales reps. Get all the information. Pay an independent Contractor to evaluate what it's truly going to take before going down this road.
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Scalability
No answers on this topic
As I mentioned, it's a good tool but not the best
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Return on Investment
  • Decrease travel time by reviewing groups of work orders for scheduling multiple jobs at one location.
  • Improved work order completion rate by giving us an effective work status review tool.
  • Improved communication between all parties by having updated information in one location (on the work order).
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  • We recently implemented Supplier Portal and Invoice Imaging Solution. This has reduced manual effort and increased speed and accuracy. There is no need for people to key in invoices manually now. Suppliers can flip a purchase order into invoice and Oracle will do all the validations and put the invoice on hold in case of any discrepancy.
  • Suppliers are very happy with the supplier portal as they can track the entire lifecycle of the invoice online.
  • With automation, we could bill all our customers on time. Oracle collects all the possible costs like payroll and expenses, adds markup, and bills our customers. We could track profitability and margins by project.
  • The period close and reporting has become easier and faster with this software. 3 people can close the periods now as opposed to 10 before.
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ScreenShots

NEXGEN Asset Management Screenshots

Screenshot of The NEXGEN CMMS is a versatile software features the advanced technology to conquer the most difficult challenges and day-to-day tasks.Screenshot of Asset Management Intelligence - Used to proactively monitor and maintain aging equipment and deteriorating infrastructures in real-time, allocate CIP resources, ensure regulatory compliance, and mitigate risk with advanced predictive analytics.Screenshot of Esri ArcGIS & Vertical Assets Centric - As Esri development partners, NEXGEN's dynamic spatial capabilities come to life with tools that are built directly into NEXGEN’s proprietary GIS viewer.  NEXGEN was specifically designed with the ability to manage both horizontal and vertical assets in one system.Screenshot of Modern & Intuitive Mobile Solutions - NEXGEN mobile technology provides iOS and Android apps to perform a range of tasks with access the entire asset database in real-time, or offline in those hard-to-reach spaces.