Overview & Features
Empower Modern Procurement
Modern procurement starts with standardizing, streamlining, and automating the source-to-pay process. With Oracle Procurement Cloud, you'll gain a more efficient, effective, and influential procurement organization that helps keep costs under control by selecting the best suppliers, enforcing policy, and managing supplier risk.
Oracle Procurement Cloud is a complete solution for businesses of any size for direct or indirect spend. Collaboration with suppliers is easy through document sharing and increased information accuracy for deeper insights. Employee request management is also streamlined through Oracle Self Service Procurement Cloud with built-in spend controls.
Sourcing
Collaborate
Improve requirements gathering, document sharing, and negotiation effectiveness with sourcing teams and Oracle Social Network
Streamline
Simplify your negotiation activities with intuitive tools and a modern user experience
Analyze
Gain insight into spend opportunities and maximize negotiated savings
Contracting
Standardize
Enforce business policies using pre-approved clause libraries, contract templates, and guided contract creation
Improve Visibility
Leverage a secure and searchable contract repository, automate renewals, and capture amendments and addendums with a complete contract audit history
Ensure Compliance
Identify deviations from standards, highlight contract risks, enforce document approvals, and capture electronic signatures
Procure to Pay
Streamline Processes
Automate requisition through invoice matching and payment, and shift your organizational focus towards more strategic activities
Simplify Shopping
Help your employees to quickly find the goods and services they need with a familiar consumer buying experience
Enforce Negotiated Pricing
Ensure your negotiated pricing and terms are automatically leveraged to realize maximum savings
Supplier Management
Manage Qualifications
Qualify and assess suppliers to support supplier programs, compliance, and negotiation award decisions
Improve Information Accuracy
Capture timely updates to supplier information and proactively respond when changes might affect supplier qualifications, capabilities, or risk
Enable Supplier Collaboration
Give suppliers the insight they need, allow them to share documents and commentary, and let them transact electronically with minimal training
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