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Empower Modern Procurement
Modern procurement starts with standardizing, streamlining, and automating the source-to-pay process. With Oracle Procurement Cloud, you'll gain a more efficient, effective, and influential procurement organization that helps keep costs under control by selecting the best suppliers, enforcing policy, and managing supplier risk.
Oracle Procurement Cloud is a complete solution for businesses of any size for direct or indirect spend. Collaboration with suppliers is easy through document sharing and increased information accuracy for deeper insights. Employee request management is also streamlined through Oracle Self Service Procurement Cloud with built-in spend controls.
Product Features
Open all Close allSourcing
- Improve requirements gathering, document sharing, and negotiation effectiveness with sourcing teams and Oracle Social Network.
- Simplify your negotiation activities with intuitive tools and a modern user experience.
- Gain insight into spend opportunities and maximize negotiated savings.
Collaborate
Streamline
Analyze
Contracting
- Enforce business policies using preapproved clause libraries, contract templates, and guided contract creation.
- Leverage a secure and searchable contract repository, automate renewals, and capture amendments and addendums with a complete contract audit history.
- Identify deviations from standards, highlight contract risks, enforce document approvals, and capture electronic signatures.
Standardize
Improve Visibility
Ensure Compliance
Procure-to-Pay
- Automate requisition through invoice matching and payment and shift your organizational focus towards more strategic activities.
- Help your employees quickly find the goods and services they need with a familiar consumer buying experience.
- Ensure your negotiated pricing and terms are automatically leveraged to realize maximum savings.
Streamline Processes
Simplify Shopping
Enforce Negotiated Pricing
Supplier Management
- Qualify and assess suppliers to support supplier programs, compliance, and negotiation award decisions.
- Capture timely updates to supplier information and proactively respond when changes might affect supplier qualifications, capabilities, or risk.
- Give suppliers the insight they need, allow them to share documents and commentary, and let them transact electronically with minimal training.
Manage Qualifications
Improve Information Accuracy
Enable Supplier Collaboration
Customer Stories
All Nippon Airways (ANA) Focuses on Delivering the Perfect Customer Experience with Oracle Procurement Cloud
With Japan being this decade's fastest growing major tourism destination, ANA is presented with an opportunity to showcase their world-class service.
BUYDEEM Reduced Sourcing and Time Management Costs with Oracle Procurement Cloud
Oracle Procurement Cloud shortened our sourcing time from one week to three days and reduced our sourcing costs and time management costs. It improved the entire factory supply chain system, enabling us to achieve an objective and impartial supplier performance evaluation and a better business process.Zhujun Jiang, Sales Manager, BUYDEEM TECHNOLOGY CO., LTD.
Capgemini Saves 5% in First Sourcing Event with Oracle Procurement Cloud
Deploying Oracle Procurement Cloud was really simple. We didn't need to create major process designs. By using the standard capabilities of Oracle ERP Cloud, we were able to quickly have a system up and running, and after only a few training sessions, our entire team was able to complete the sourcing and supplier registration process in the cloud.Jasper Oskam, Senior Oracle ERP Consultant, Capgemini Nederland B.V.
Genbody Increases Resource Management Efficiency with Oracle ERP Cloud
With Oracle ERP Cloud, which is optimized for comprehensive distribution management, we improved resource management and work efficiency. Thanks to Oracle, we now have a user-friendly solution that can be used anywhere in the world, ultimately improving decision-making.Seunghyun Oh, Team Manager of Finance, Genbody