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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 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.
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.
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.
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.
Systematically manage and qualify suppliers depending on your business needs and mitigate supplier risk to monitor compliance and ensure better business outcomes.
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.
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.
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.
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.
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.
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.
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.
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.
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 partner onboarding with web-based registration, profile setup, and simple messaging connectivity setup.
Provide users with real-time visibility into transaction status and exceptions. Auto-retry speeds issue resolution and sends alerts by email.
Easily search for trading partners who are already using the Oracle Business Network to establish electronic commerce with other Oracle customers.
Global customers across several industries choose Oracle Fusion Cloud Procurement to transform their procurement processes.
Capgemini achieves 5% savings in their first sourcing event and shortens supplier onboarding from weeks to days.
AlSafwa Cement Company chooses Oracle Cloud over SAP to streamline their supply chain.
Amid 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 post
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