Best For

Purchasing solution for small and medium-sized enterprises with features such as inventory, supply chain and cost management, and performance reporting.

Product Details

Procurement tool that enables negotiation, buying, and collaboration through strategic sourcing, contract management, and analysis.

Contact Details

Oracle

http://www.oracle.com

Founded in 1977

Located in United States

Starting Price

  • Not provided by vendor
  • Contact Oracle for pricing details.

Platform

  • Installed - Mac
  • Cloud, SaaS, Web
  • Installed - Windows
  • Mobile - iOS Native
  • Mobile - Android Native

Oracle Procurement Cloud Features

Catalog Management
Contract Management
Fixed Asset Management
Inventory Management
Invoice Processing
Purchase Order Management
Receiving/Putaway Management
Requisition Management
Sourcing Management
Spend Management
Supplier Management
Compliance Management
Contract Management
Inventory Management
Invoice Processing
Purchase Order Management
Requisition Management
Sourcing Management
Spend Management
Supplier Management

Oracle Procurement Cloud Reviews

Overall
4/5
Ease of Use
4.5/5
Customer Service
4/5

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Showing 5 of 5 reviews

Showing Most Helpful

Showing 5 of 5 reviews

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Rating
Company Size
Reviewer's Role
Length of Use
Frequency of Use
shiva K.
Systems Analyst
Business Supplies and Equipment, 10,001+ employees
Used the software for: 1-2 years
Overall Rating
5/5
Ease of Use
4/5
Customer Service
2/5
Features
5/5
Value for Money
5/5
Likelihood to Recommend
10/10
Source: Capterra
June 13, 2017

“Oracle Fusion Procurement standardizes, streamlines and automates the source to pay process.”

OverallModern Technology, Open Standards, choice in delivery, flexibility and cloud portability. On flexibility this software can be procured as a traditional software license and installed on-premise, subscribed to and delivered from cloud to our choice or deployed in a hybrid combination of both cloud and on premise.
ProsWith Oracle Procurement Cloud the enterprises will gain a more efficient and influential procurement organization that helps keep costs under control by selecting the best in class suppliers, enforcing policy and managing risks Eg. Segregation of duties, role based access control, SOX Compliance can be implemented. Procurement cloud offers a complete functionality for companies of all sizes and shapes, from sourcing to contacts to purchasing to supplier management. With Oracle Procurement cloud, one can assess supplier's compliance with financial stability, regulatory standards and company code of conduct. Further, one can select qualified suppliers for sourcing events and ensure up to date profile with automated update alerts. Oracle Procurement Cloud helps in guided authoring and terms libraries simplify document authoring in Sourcing. Short cycle to author, review and approved quotations. Short and automated bid analysis shortens time to award and increases cost savings. Built in social collaboration allows cross functional team input and faster approvals. Embedded analytics monitor bidding process. Award Recommendation based on user defined criteria enable faster time to value Deviation monitoring in Contracts spotlights specific language changes to minimize review effort. Procurement Contracts are managed in searchable repository with amendment tracking and automated expiration alerts. Reduces off contract buying through a consumer like self service application
ConsOracle Cloud procurement is fairly new. It is not completely stable yet, though it is making rapid progress. The customer support can be improved. There is scope for improvement in user experience. The existing functionality is rich, however it can be further improved and enriched.
Source: Capterra
June 13, 2017
Verified Reviewer
Aviation & Aerospace, 1001-5000 employees
Used the software for: Less than 6 months
Overall Rating
5/5
Ease of Use
5/5
Customer Service
5/5
Features
4/5
Value for Money
5/5
Likelihood to Recommend
10/10
Reviewer Source 
Source: Capterra
December 21, 2018

“Gets the job done ”

OverallCreating requisitions for POs
ProsThe best feature in my opinion is the copy to checkout option which allows you to use previous requisitions to make it faster for recurring charges or similar categories
ConsI think they could improve the software by having a search bar for key words in the category codes and account numbers such as "cleaning supplies" etc rather than just having to scroll them
Reviewer Source 
Source: Capterra
December 21, 2018
Baratharun R.
Lead Buyer
Automotive, 10,001+ employees
Used the software for: Less than 6 months
Overall Rating
4/5
Ease of Use
5/5
Features
4/5
Likelihood to Recommend
8/10
Reviewer Source 
Source: Capterra
December 4, 2018

“Good for not so complex requirements”

ProsEasy to handle and love the user interface
ConsLimited collaboration features that interrupts process at times.
Reviewer Source 
Source: Capterra
December 4, 2018
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Patrick R.
Senior Consultant - Owner
Biotechnology, 1001-5000 employees
Used the software for: 6-12 months
Overall Rating
4/5
Ease of Use
5/5
Customer Service
4/5
Features
4/5
Value for Money
4/5
Likelihood to Recommend
8/10
Reviewer Source 
Source: Capterra
September 27, 2018

“Oracle Fusion Procurement”

Prosvery complete tool that cover all variations of the procurement process using standard functionalities
ConsNeed specific resource to implement on the technical side
Reviewer Source 
Source: Capterra
September 27, 2018
ken t.
Unspecified
Used the software for: Unspecified
Overall Rating
3/5
Ease of Use
3/5
Customer Service
4/5
Features
4/5
Value for Money
3/5
Source: Capterra
October 4, 2016

“ken t - west ”

Overallwe are currently in the implementation process. finding an implementation partner was challenge.
Source: Capterra
October 4, 2016