Oracle Procurement Applications

WHY ORACLE

ORACLE IS #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 organization'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 programs
  • 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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