Procurement Cloud

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