Can Intune be used to replace SCCM?

We are looking to do that same but Intune is kind of lacking the reporting part (not as good as SCCM) unless you are using any 3rd party app for reporting stuff. Also, there are certain policy options that you would be able to set on On-Prem side but not Intune unless you can replace such policies with powershell scripts or command line which you can convert to win32 app and deploy via Intune. Windows Updates works fine but again we see a lot of false positive machines for OS versions when we export reports.