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Oracle Procurement
Is your source-to-pay solution helping you streamline, automate, and improve your procurement process outcomes? Learn how Oracle Fusion Cloud Procurement’s intuitive user experience, embedded analytics, and collaboration simplify supplier management and contracting, reduce risk, increase cost savings, and enforce compliant spending.
Discover Oracle Cloud Procurement.
Oracle Fusion Cloud Procurement
Oracle Fusion Cloud Procurement is an integrated solution that provides key insights and control over supplier qualifications and risk to ensure uninterrupted operations while maximizing cost savings, enforcing compliant spending, and improving profitability.
Streamline shopping experience and control spend
Simplify the shopping experience
Improve employee shopping with an intuitive and consumer-like buying experience. Powerful search capabilities and easy comparisons allow users to quickly find the products and services they need and increase user adoption.
Ensure spending compliance
Increase cost savings and ensure compliance by directing purchases to approved suppliers and leverage negotiated pricing. Route requisitions through multilevel approval workflows to enforce controls on employee purchases.
Streamline purchasing
Improve procure-to-pay by automatically creating purchase orders from approved requisitions and manage revisions with a complete change history. Automated invoice matching minimizes workload and accelerates payment processing.
Outpace change with supplier and risk management
Manage suppliers proactively
Systematically manage and qualify suppliers depending on your business needs and mitigate supplier risk to monitor compliance and ensure better business outcomes.
Manage supplier data
Gather information that helps your business maintain accurate and timely supplier information. Improve visibility into supplier capabilities, qualifications, performance, and risk to mitigate potential supplier disruptions.
Simplify supplier collaboration
Provide suppliers with the capabilities to collaborate more effectively, improve communications, and seamlessly transact business through the electronic exchange of contracts, purchase orders, invoices, and negotiation documents.
Drive sourcing efficiency for increased savings
Streamline supplier negotiations
Accelerate negotiation cycle times to improve cost savings and capture greater value from your key suppliers. Simplify document creation through guided document authoring, standard templates, and built-in collaboration.
Collaborate more effectively
Effectively collaborate with key stakeholders during negotiation document creation and increase productivity using built-in collaboration tools that allow subject matter experts to contribute during the sourcing process.
Increase sourcing effectiveness
Proactively monitor and evaluate your sourcing negotiations to maximize value and increase cost-saving opportunities. Utilize powerful tools to monitor the bidding process to meet savings goals and make better award decisions.
Simplify contract management and ensure compliance
Streamline contract authoring
Streamline contract creation and increase employee productivity through guided authoring by leveraging preapproved templates, clause libraries, and built-in collaboration to quickly draft quality and compliant contracts.
Reduce contract risk
Highlight proposed changes to the standard language during contract negotiations and ensure proper review and approvals with full audit trails to minimize risk. Automated alerts provide timely expiration notifications.
Improve contract visibility
Reduce the time required to search for contracts. Quickly locate them using a fully searchable and centralized contract repository. Track amendments with a full audit history to gain complete visibility into your agreements.
Modern supplier collaboration boosts productivity
Simplify collaboration and adoption
Oracle Business Network provides a secure business-to-business ecommerce platform that streamlines and automates electronic transactions. Automated message conversion allows partners to exchange documents in their preferred format.
Streamline onboarding
Streamline partner onboarding with web-based registration, profile setup, and simple messaging connectivity setup.
Provide real-time visibility
Provide users with real-time visibility into transaction status and exceptions. Auto-retry speeds issue resolution and sends alerts by email.
Discover trading partners
Easily search for trading partners who are already using the Oracle Business Network to establish electronic commerce with other Oracle customers.
Oracle Fusion Cloud Procurement customer successes
Global customers across several industries choose Oracle Fusion Cloud Procurement to transform their procurement processes.
Oracle Fusion Cloud Procurement helps Precision Group transform their procurement processes
Oracle Fusion Cloud Procurement use cases
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Capgemini simplifies sourcing and supplier onboarding
Capgemini achieves 5% savings in their first sourcing event and shortens supplier onboarding from weeks to days.
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AlSafwa Cement Company streamlines their procurement
AlSafwa Cement Company chooses Oracle Cloud over SAP to streamline their supply chain.
How to Improve Your Procurement Processes with Contract Lifecycle Management
Ana Galindo, SCM Product Marketing Manager, OracleAmid the current global crisis, supply chains across the world continue to be disrupted and forced to reevaluate their supplier base. As organizations are tasked to source new suppliers to partner with, procurement and legal teams are facing immense pressure to quickly create, negotiate, and approve contracts.
Read the complete postFeatured blogs
- April 3, 2020 4 Reasons Why Companies Should Focus on Supplier Management
- October 14, 2019 4 Ways Cloud-Based Procurement Processes Help SMBs Compete
- June 19, 2019 The Power of Self-Service Procurement to Control Spend and Keep Employees Happy
- May 16, 2019 The Importance of Effective Supplier Qualification Management
Resources
Learn what's new in the latest Procurement release
Review readiness material to learn what's new in your Oracle Fusion Cloud Procurement service and plan for quarterly updates.
Access our documentation library
Oracle Help Center provides detailed information about our products and services with targeted solutions, getting started guides, and content for advanced use cases.
Join a community of your peers
Cloud Customer Connect is Oracle's premier online cloud community. With more than 200,000 members, it's designed to promote peer-to-peer collaboration and sharing of best practices, product updates, and feedback.
Develop your Oracle Procurement Cloud skills
Oracle University provides learning solutions to help build cloud skills, validate expertise, and accelerate adoption. Get access to free basic training and accreditation with the Oracle Learning Explorer program.
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