Oracle Modern Best Practice for Banking—Procurement
- Overview
- Supplier Registration
- Insight to Smart Sourcing
- Contract Creation
- Requisition to Receipt
- Supplier Return
Requisition to Receipt
Minimize third-party risk and promote spend compliance with easy requisition creation from approved suppliers. Improve employee efficiency with rule-based, consumer-like self-service tools. Securely create, share, and approve requisitions and receive goods and services using mobile devices. Collaborate socially—at any stage of the process—to quickly resolve issues.
Mobile. Social.Raise Requisitions
Using a consumer-like dashboard, create a purchase requisition automatically or easily locate the intended goods and services from approved suppliers vetted through a vendor risk management program.
Mobile. Social.Approve Requisitions
Automatically route approval based on predefined thresholds, approval hierarchies, and purchasing categories.
Mobile. Social.Create Purchase Order
Automate purchase order creation for approved suppliers based on previously negotiated pricing and contract terms.
Mobile. Social.Approve Purchase Orders (Optional)
Automatically route approval according to predefined business rules.
Mobile. Social.Dispatch Purchase Orders
Automatically deliver approved purchase orders via secure electronic channels or a supplier portal.
Mobile. Analytics. Social.Receive Goods and Services
Record goods received or approve invoices for services rendered to trigger an automated matching in payables.
Contact Us
- US Sales: +1.800.633.0738
- Global Contacts
- Support Directory
- Subscribe to Emails