Overview

Empower Modern Procurement

Use Procurement Cloud to streamline your source-to-pay process through automation and social collaboration, while controlling costs and achieving higher margins.

Features

Sourcing
Collaborate

Improve requirements gathering, document sharing, and negotiation effectiveness with sourcing teams and Oracle Social Network

Streamline

Simplify your negotiation activities with intuitive tools and a modern user experience

Analyze

Gain insight into spend opportunities and maximize negotiated savings

Contracting
Standardize

Enforce business policies using pre-approved clause libraries, contract templates, and guided contract creation

Improve Visibility

Leverage a secure and searchable contract repository, automate renewals, and capture amendments and addendums with a complete contract audit history

Ensure Compliance

Identify deviations from standards, highlight contract risks, enforce document approvals, and capture electronic signatures

Procure to Pay
Streamline Processes

Automate requisition through invoice matching and payment, and shift your organizational focus towards more strategic activities

Simplify Shopping

Help your employees to quickly find the goods and services they need with a familiar consumer buying experience

Enforce Negotiated Pricing

Ensure your negotiated pricing and terms are automatically leveraged to realize maximum savings

Supplier Management
Manage Qualifications

Qualify and assess suppliers to support supplier programs, compliance, and negotiation award decisions

Improve Information Accuracy

Capture timely updates to supplier information and proactively respond when changes might affect supplier qualifications, capabilities, or risk

Enable Supplier Collaboration

Give suppliers the insight they need, allow them to share documents and commentary, and let them transact electronically with minimal training