PROCUREMENT CLOUD

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