FreightWise vs Oracle Transportation Management

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Our analysts compared FreightWise vs Oracle Transportation Management based on data from our 400+ point analysis of TMS Software, user reviews and our own crowdsourced data from our free software selection platform.

FreightWise Software Tool

Product Basics

FreightWise is a SaaS platform for companies in logistics management. It solves complex logistics operations such as visibility, optimization, manual processes and cost reduction. The vendor leverages advanced technology, innovation and industry expertise to allow easy integration with an organization’s existing infrastructure and save time, money and resources.

The vendor has an extensive carrier network that offers significant savings. It provides resources and cutting-edge technology to increase efficiency. Users don’t need intensive training thanks to the self-service interface. It is designed by an in-house development team, providing customized solutions to fulfill organizational needs.
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Oracle Transportation Management (OTM) is a cloud-based platform designed to help businesses manage their transportation logistics. It offers a range of features, including shipment planning and execution, freight procurement, and visibility and tracking. OTM is most suited for large and mid-sized businesses with complex transportation needs, such as those in the manufacturing, retail, and distribution industries. Important benefits of OTM include improved efficiency, reduced costs, and increased visibility into the supply chain. Popular features include route optimization, multi-modal support, and global trade management. User experiences indicate that OTM is a powerful and comprehensive solution, but can be challenging to implement and integrate with other systems. Pricing is based on a subscription model, with costs varying depending on the number of users and features required. Per unit pricing is also available for certain features. Generally, OTM is considered to be a premium-priced solution compared to some competitors. However, its comprehensive feature set and potential return on investment (ROI) often justify the cost for large organizations.

Pros
  • Comprehensive features
  • Scalability and flexibility
  • Enhanced visibility and control
  • Powerful automation capabilities
  • Responsive and knowledgeable support
Cons
  • Significant cost investment
  • Complexity and learning curve
  • Implementation and integration challenges
  • Limited customization options
  • Potential integration difficulties
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Product Assistance

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Product Insights

  • Audit Freights: Offload the reviewing and auditing process to the software. Receive and audit GL code while consolidating all data into a weekly invoice for better tracking. 
  • Manage Costs: Leverage the cost management program to reduce parcel, LTL and full truckload transportation costs. 
  • Manage Risks: Protect carriers and parcels using risk management. Apply insurance to shipments based on a one-off, rule-driven or blanket basis. 
  • Integrate With Other Infrastructure: Leverage the open API to integrate with existing infrastructure such as ERP, WMS, OMS and much more. 
  • Improve Customer Experience: Provide more selection modes in parcel shipping (LTL or TL) to customers and avoid wide-ranging and incorrect freight pricing. Extend the range of products for customers, reduce cart abandonment and improve customer experiences with the eCommerce plugin. 
  • Pack and Label Efficiently: Reduce packing material wastage, select the correct size boxes and appropriate labeling for products. Deploy a scalable, automated and centralized solution for faster shipping. 
  • Make Informed Decisions: Leverage business intelligence and data analytics to gain insights into transportation data, compare data sheets and make informed decisions. 
  • Find the Right Carriers: Streamline the truckload procurement process using Spot Quote and find suitable carriers for every task. 
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  • Promotes Focus on Core Areas: Automates several processes to help focus on the supply chain and decision-making directly related to revenue, focusing on areas that require more attention. 
  • Reduce Freight Costs: Benefit from a 23% reduction in freight costs and a 99% on-time delivery performance. 
  • Improves Visibility: Provides visibility into transportation operations to help plan ahead with as much information as possible. Facilitates proactive planning and decision-making. 
  • Enhance Customer Experiences: Boost shipping accuracy and delivery times to increase client trust. Offers accurate goods tracking to update locations and order statuses. 
  • Reduce Stress: Helps track shipments till order completion. Administrators can focus on planning and decision-making without worrying about shipment location or late dispatches. 
  • Boost Productivity: Proactively manage product and shipment lifecycles using automated milestone management and schedule tracking. Process automation removes redundant administrative procedures and accelerates order dispatches. 
  • Improve Decision-Making: Plan better by utilizing trading partner administration and internal operations insights. 
  • Reduce Warehousing Cost: Cuts unnecessary storage and warehousing expenses by slashing extra safety stock with accurate calculation of inventory requirements. 
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  • Spot Quote: Find the right carriers by simply entering the contacts’ email addresses, filling out the freight description form and sending messages to multiple carriers. Filter out replies, accept a bid, message brokers for negotiating proposals, send updates to team members and much more. 
  • BI Logistics: Get a unifying BI logistics platform and access it on mobile or web. Find the cheapest carrier listings, track shipments and delivery times, and connect with carriers directly for faster manifestation. Get access to in-depth data insights and analytic reports for better performance comparison and improvement. Receive spend trend reports via mode, carrier, customer/vendor, state, accessorial and more. 
  • eCommerce Transportation: Leverage APIs supporting multi-carrier and mode rating for several eCommerce platforms. Offer Amazon-like functionality and ease of ordering to customers. Protect and improve online margins using an easy-to-prove business case.  
  • Warehousing: Integrate a robust packing and labeling system and select the cheapest carrier for every shipment. Select and use multiple transportation methods, including parcel, LTL and truckload. Optimize warehouse workflows, deploy wireless devices with in-built barcode scanners and integrate with existing ERP and WMS systems. 
  • Risk Management: Include full product coverage at invoice value and buy insurance on a per-load basis. Leverage advanced analytics to predict and ensure that high-value or risk commodities are automatically covered at a preferred rate. 
  • Automation: Move and ship products faster and cheaper by automating the order to ship process using the warehouse automation system. Automate complex calculations to avoid human error and enable cost-effective transportation. 
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  • Carrier Sourcing: Helps plan and execute shipments to domestic or international locations. Optimizes storage in shipping containers, streamlines order consolidation and boosts overarching transportation network efficiency. 
  • Fleet Management: Streamlines fleet, driver and trailer management. Handle disputes, optimize contracted carrier rates and improve fleet resource visibility. 
  • Operational Planning: Leverage algorithms and optimization engines to optimize shipments based on variables, including cost and asset utilization. Maintains organized transportation flow with support for complex multi-stop consolidation, pooling and cross-docking. 
  • Transportation Intelligence: Customize real-time dashboards and leverage data stored within the system. Transforms transportation data into valuable insights to predict future inefficiencies and act proactively. 
  • Payment, Billing and Claims: Reduces process time and prevents errors associated with billing through automated freight payments. Ensures clients pay and get billed accurately for the services provided to them. 
  • Rate Management: Access a rating engine and global repository of service providers and relevant services in one place. Streamlines rate management with dedicated support for ocean, rail, air, parcel, LTL, intermodal and truckload shipments. 
  • Order Management: Integrates with purchasing, external order management and warehousing to manage transportation demand-induced operations. Share and offer tools to external parties and the supply chain, including suppliers, partners, clients and customers. 
  • Visibility and Events Handling: Proactively manage order lifecycle and shipment with automated milestone tracking and monitoring. Automatically accelerate dispatches at times of significant delays in pick-up confirmations. Receive live status updates from dispatch parties in multiple formats on tablets and mobile devices. 
  • Booking and Tendering: Utilize several communication channels, including XML, mobile device, web and email. Share dispatch plans and workflows and handle service provider texts in real time. Offers automated support to manage several tender processes such as broadcast and sequential tendering. 
  • Reporting and E-Documents: Create insightful reports and e-documents for crucial business aspects, including commercial invoice, BOL, lane-based carrier performance, projected late orders, packing list and cost savings. 
  • Forwarding and Brokerage: Automate freight forwarding operations and brokerage workflows to improve and expedite processes. Offers end-to-end support for several functions such as console and job management and quoting. 
  • Integrations: Integrates with Oracle Cloud SCM apps and Oracle EBS (E-Business Suite), supporting and synchronizing shipment information with sales orders. Templates consist of predefined workflows, including shipping and order compliance, export documentation, order planning and processing and transportation. 
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Product Ranking

#44

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#10

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TMS Software

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Analyst Rating Summary

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Claims Management Compliance And Governance Dock Scheduling And Yard Management Freight Rating And Multimodal Transport Mobile Reporting And Dashboards Transportation Order Management Transportation Sourcing And Procurement 70 97 54 83 100 96 80 77 0 25 50 75 100
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User Sentiment Summary

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Great User Sentiment 65 reviews
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84%
of users recommend this product

Oracle Transportation Management has a 'great' User Satisfaction Rating of 84% when considering 65 user reviews from 4 recognized software review sites.

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Awards

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SelectHub research analysts have evaluated Oracle Transportation Management and concluded it earns best-in-class honors for Compliance and Governance and Mobile.

Compliance and Governance Award
Mobile Award

Synopsis of User Ratings and Reviews

User-Friendly Interface: FreightWise is known for its intuitive design, making it easy to navigate and use.
Real-Time Tracking: Users can monitor their shipments in real-time, providing visibility and peace of mind.
Comprehensive Reporting: The software offers detailed reporting tools, allowing businesses to analyze their shipping data and identify areas for improvement.
Streamlined Logistics: FreightWise helps businesses streamline their logistics operations, from order to delivery.
Cost Savings: FreightWise's features and functionality can help businesses reduce their overall shipping costs.
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Improved Visibility: Gain real-time insights into your entire transportation network, from shipment status to carrier performance.
Enhanced Efficiency: Automate routine tasks, optimize routes and modes, reduce costs, and improve resource utilization.
Increased Collaboration: Share data and insights with partners to improve communication, coordination, and decision-making.
Reduced Risk: Proactively identify and mitigate potential disruptions, ensuring on-time deliveries and minimizing the impact of unexpected events.
Scalability: Adapt to changing business needs and grow your operations with ease, accommodating increasing volumes and expanding global reach.
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Setup Complexity: The initial setup process for FreightWise can be intricate, potentially posing challenges for new users who may need additional time and support to configure the software effectively.
Learning Curve: There might be a learning curve associated with utilizing FreightWise's extensive features, requiring users to invest time in training and familiarization to fully leverage its capabilities.
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Limited Visibility: Difficulty tracking shipments and inventory across the entire supply chain.
Complex User Interface: Steep learning curve and cumbersome interface make it difficult for users to navigate and find the information they need.
Customization Challenges: Limited ability to customize the system to meet specific business needs.
Integration Issues: Difficulty integrating with other enterprise systems.
High Cost of Ownership: Expensive licensing fees and ongoing maintenance costs.
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How wise is it to invest in FreightWise for your transportation management needs? Users consistently praise FreightWise for its user-friendly interface, which simplifies complex logistics processes. This ease of use is a key differentiator, as some competitors' systems can be clunky and difficult to navigate, particularly for new users. Another major strength is FreightWise's ability to reduce freight costs. The platform achieves this by leveraging real-time carrier visibility and negotiating better rates based on volume. This focus on cost savings is paramount in today's competitive business environment, as every penny saved directly impacts the bottom line. However, some users have reported that the initial setup process can be a bit daunting and may require a learning curve. Despite this initial hurdle, most users find the software to be intuitive and easy to use once they get the hang of it. Overall, FreightWise is ideally suited for small to mid-sized businesses in the United States that deal with significant LTL and parcel shipping volumes. The platform's robust features, cost-saving capabilities, and user-friendly design make it a valuable tool for companies looking to optimize their shipping operations and gain a competitive edge.

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Oracle Transportation Management (OTM) is a powerful TMS solution with a comprehensive set of features, but it's not without its drawbacks. One of the most common complaints from users is the complex user interface (UI). Many users find the UI to be difficult to navigate and learn, which can lead to frustration and inefficiency. For example, one user commented, "The UI is so clunky and outdated. It takes me forever to find the information I need." This can be a major drawback for companies that need a user-friendly system that can be easily adopted by their employees. Another common complaint is the high cost of ownership. OTM is a relatively expensive product, and the licensing fees and ongoing maintenance costs can be a significant burden for small and medium-sized businesses. One user said, "The cost of OTM is just too high. We were looking for a more affordable solution." This is especially true when compared to other TMS solutions on the market, such as SAP Transportation Management and JDA Transportation Management. However, despite these drawbacks, OTM also has a number of strengths. One of the biggest strengths is its comprehensiveness. OTM offers a wide range of features and functionality, which can be a major advantage for companies with complex transportation needs. One user said, "OTM is a very powerful tool. It has all the features we need to manage our transportation operations efficiently." This is especially true when compared to some of the more basic TMS solutions on the market. Another strength of OTM is its scalability. OTM can be easily scaled to accommodate the needs of growing businesses. This is important for companies that expect their transportation needs to increase over time. One user said, "OTM is very scalable. We've been able to easily add users and functionality as our business has grown." This is not as true for some of the smaller TMS solutions on the market, which may not be able to accommodate the needs of larger businesses. Overall, OTM is a powerful and comprehensive TMS solution that can be a good fit for companies with complex transportation needs. However, the high cost of ownership and the complex UI may be drawbacks for some companies.

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