What is Oracle?
Oracle is an American Multinational Software company that offers Enterprise Resource Planning software products, database software and technologies, and cloud-engineered systems. The Enterprise Software products provide modules that help in Human Resource Management, Customer Relationship Management, Enterprise Planning Management, and Supply Chain Management.
Oracle Corporation was founded in 1977 by Larry Ellison, Bob Miner, and Ed Oates under the name Software Development Laboratories (SDL). Oracle also provides Database Management Services that help maintain the online transactions and manage the workloads in the system.
Read What is ERP Software: Functions, Solutions, and Use Cases
What is TranZact?
TranZact is the easiest software that helps in digitizing all manufacturing processes from enquiry to dispatch. It is not an ERP but software that is designed and made, especially for Indian SME manufacturers. TranZact has 5 different modules - Sales, Purchase, TranZact inventory management, Production and Planning. These provide the benefits and features of ERP software like faster documentation, inventory management, and financial assistance.
IIT and IIM graduates founded TranZact in 2017. The main idea behind TranZact is that every Indian SME and Traditional Business should take a step forward in digitizing and automating themselves entirely. This is how they are choosing to contribute to the Digital India initiative.
Read What Is Production Management System?
Comparison Between Oracle & TranZact
Both Oracle and TranZact have their own set of features and solutions that make business management easier for manufacturers. Here is a table comparison for your understanding.
| Feature | Oracle | TranZact |
|---|---|---|
| Product Availability | Cloud and On-Premise solutions are available for all users. | Cloud-based, using Amazon AWS for security. |
| User Base | Oracle business process management is suitable for mid-size to large corporations (50-100+ users). | Ideal for small to medium enterprises (5-30 users), especially in manufacturing with modules like TranZact inventory management software. |
| Software Implementation | Implementing Oracle business management system is a lengthy process (11-14 months), with detailed planning for module implementation like Oracle inventory software | Quick implementation (just 14 days) with complete guidance from the team from start to finish. |
| Pricing | Oracle enterprise resource management software has a higher pricing due to comprehensive ERP modules for large companies. | Offers 4 pricing plans - M.S.M.E. - which includes one free plan. |
Read about TranZact Pricing here.
Conclusion
Oracle is helpful software but not for small business inventory management or business management. It is complex software and requires trained users to use it. The cost and time for setting it up are high. Due to these issues, it is not suitable for SMEs. On the other hand, TranZact is made for Indian SME manufacturers. It is the right choice for inventory management software for small business. It has 5 modules, specially designed for manufacturers along with custom pricing plans and feature add-ons.
Choose TranZact, best inventory software for small business, for easy growth of your manufacturing business.
Learn The Importance of Production Planning in Modern Manufacturing
