Average Ratings

2 Reviews
  • 4 / 5
    Overall
  • 3.5 / 5
    Ease of Use
  • 3 / 5
    Customer Service

Product Details

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About Oracle Fusion Procurement

With Oracle Fusion Procurement you can practice smarter negotiation, smarter buying, and smarter collaboration.


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Oracle Fusion Procurement Features

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Oracle Fusion Procurement Reviews Recently Reviewed!

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

Jun 13, 2017
5/5
Overall
4 / 5
Ease of Use
5 / 5
Features & Functionality
2 / 5
Customer Support
5 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
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Pros: With 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

Cons: Oracle 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.

Overall: Modern 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.

ken t - west

Oct 04, 2016
3/5
Overall
3 / 5
Ease of Use
4 / 5
Features & Functionality
4 / 5
Customer Support
3 / 5
Value for Money

Comments: we are currently in the implementation process. finding an implementation partner was challenge.