PeopleSoft Enterprise Strategic Sourcing

Oracle's PeopleSoft Enterprise Strategic Sourcing is the application that drives more and better sourcing through online collaboration. PeopleSoft Strategic Sourcing enables customers to effectively source goods and services—from event planning, definition, and execution to collaborative negotiation, bid analysis, and award. Driving more and better sourcing with online negotiation and collaboration is essential to reducing spend on goods and services.

PeopleSoft Strategic Sourcing is part of Oracle's PeopleSoft Enterprise Supplier Relationship Management (SRM) family of applications.

Seamless Contract Awards
PeopleSoft Strategic Sourcing, part of the PeopleSoft SRM product family, integrates seamlessly with other SRM applications, including PeopleSoft Enterprise Supplier Contract Management providing the ability to access a contract clause library, include clauses on sourcing events, and carry them forward onto the first draft of contracts once awarded.

BENEFITS

PeopleSoft Strategic Sourcing enables customers to source for lowest total cost, source more of your spend, and create immediate and long-term savings.

  • Improve sourcing results with cross-functional collaboration
  • Increase savings with lowest total cost analysis and complete bid package evaluation
  • Exploit more sourcing opportunities with structured sourcing event creation
  • Reduce cycle time with efficient online negotiations
  • Achieve rapid ROI through open competition
  • Realize long-term savings with consistent execution and compliance