Procurement Cloud Software
Procurement Management Cloud Software modernizes procurement process with innovative digital technology and automation to streamline process, control cost, manage risk and grow revenue. It provides more effective spend control and greater business agility through enhanced productivity, pervasive compliance, and complete visibility across the entire source-to-settle cycle, enabling your organization to be more strategic, influential, and effective.
Procurement Cloud Products
Self Service Procurement Cloud
- Increase user adoption through an intuitive, consumer-like buying experience
- Ensure spend compliance by directing purchases to approved suppliers
- Ensure policy compliance with multilevel approval workflows
Sourcing Cloud
- Streamline supplier negotiations and achieve greater value
- Easily collaborate with key stakeholders on requirements and objectives
- Gain complete visibility into sourcing activities and make better award decisions
Procurement Contracts Cloud
- Streamline contract creation, approvals, and ensure policy compliance
- Minimize risk through standardized contract language and terms
- Manage contracts throughout the lifecyle and automate changes and renewal notifications
Supplier Qualification Management Cloud
- Qualify and manage suppliers and ensure their compliance with corporate policies
- Manage supplier risk through comprehensive evaluation of qualifications, capabilities, and Issues
- Improve sourcing decisions with current supplier assessments and capabilities
Supplier Portal Cloud
- Improve the way you interact and collaborate with suppliers
- Click into activity summaries and focus on transactions that require attention
- Easily expand self-service and increase productivity
Purchasing Cloud
- Streamline purchase order creation from requisitions without manual intervention
- Leverage negotiated pricing and supplier agreement terms automatically
- Efficiently manage document revisions with visual notifications and full change history
How Strategic is Your Procurement Management System?
Adopt modern procurement practices including sourcing, contracting, self-service procurement, purchasing, and supplier management to deliver value to your organization.
Maximize savings for your business
With Oracle Sourcing Cloud’s guided negotiation process and award-analysis tools, you can reduce sourcing cycle times and quickly make the best award decisions for your business based on factors such as price, quality, and value.
Effectively manage suppliers and reduce risk
Oracle Supplier Qualification Management Cloud is a complete solution for assessing and managing your suppliers. Gather critical supplier information, evaluate qualifications and capabilities, monitor compliance with business policies and objectives, and manage risk.
Enforce compliant employee spending
Oracle Self Service Procurement Cloud helps reduce off-contract spend by directing employee purchases to approved suppliers. Approval workflows ensure compliance with company policies. An intuitive buying experience and support for mobile devices enables simplified and compliant purchasing anytime, anywhere.
Streamline contract lifecyle management and compliance
Oracle Procurement Contracts Cloud helps you take control of the contracting process, reduce risk, and achieve better business outcomes. You can negotiate agreements that follow your policies, deliver unprecedented visibility, and ensure compliance.
Increase productivity and maximize influence
Streamline procurement processes and tasks by simplifying, standardizing, and automating processes. Decrease cycle times through guided navigation and social collaboration, effortlessly share information across teams, and quickly determine solutions through recommended actions.
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