Oracle Procurement Applications

WHY ORACLE

ORACLE IS NO.1 IN PROCUREMENT APPLICATIONS

Oracle offers integrated suites of procurement applications that cut supply management costs. Oracle procurement suites provide packaged integration to back-office applications, industry specific capabilities and the flexibility to meet your organisation's requirements.

  • Unlike niche solutions and legacy enterprise resource planning (ERP) vendors, only Oracle provides packaged integration of procurement functions with financial management and ERP suites
  • Unlike niche solutions and legacy ERP vendors, only Oracle gives customers the flexibility to leverage applications on-demand and, on-premises, in any combination needed to achieve procurement objectives
  • Unlike niche solutions and legacy ERP vendors, only Oracle offers an integrated suite that fully supports "source-to-settle" processes for all categories of spend, including capital goods, direct materials, indirect goods and services
  • "The Oracle supply management applications are now competitive enough to be short-listed in non-Oracle IT environments." Source: AMR Research
  • "Oracle customers should also evaluate how Oracle iSupplier Portal could advance efficiency and effectiveness of supplier management operations." Source: Aberdeen Research, Oracle Procurement: Worth a Second Look

ORACLE PROCUREMENT CAN HELP YOU

 

ONLY ORACLE OFFERS SIGNIFICANT BENEFITS

Leverage Gain Accomplish
  • Packaged spend analysis
  • Online negotiation and collaboration
  • Embedded terms and conditions
  • Immediate visibility to savings opportunities
  • More-effective and more-efficient strategic sourcing
  • Automatic enforcement of contracted pricing
Reduce spend on goods and services
  • Complete procure-to-pay automation
  • Policy-driven self-service
  • Complete supplier enablement
  • Free time for staff to pursue strategic programmes
  • Full control over employee buying
  • Reduction in errors and lag time
Streamline procure-to-pay processes
  • Exception-based enforcement
  • Budget-based procurement
  • Identification of policy violations
  • Alignment of financial and procurement policies
Enforce policy compliance
  • Total procurement visibility
  • Improved supplier performance management

CUSTOMER RESULTS

  • Ingersol Rand: Improved productivity by 50%, cut supplier support burden 75%, reduced MRO costs by 20%
  • U-Penn: $77.5 million in documented cost savings
  • Ametek: Cut MRO unit costs by 10% and procurement costs by up to 14%
  • Sandia National Laboratories: Saved more than $11 Million, reduced processing time by 25%
  • VeriSign: Cut error rates by more than 80% and boosted productivity by 230%
  • TUI: Logistics and Tourist Travel Company Saved €20 million with sourcing and up to 25% on indirect goods
  • Boeing: Increased volume discounts by 5%
  • UPS: Reduced cycle time by 75%
  • Pella: Reduced cycle time by 86%
  • Alcoa: Reduced purchasing processing costs by 89%
 
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