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Oracle E-Business Suite Procurement ContractsWe use Oracle E-Business Suite for purchase orders and vendor contracts on a global scale.,Has all MSA information for each vendor. Automatic invoicing for the vendor. Receipting for budgets and plug-ins with Allocadia to show actuals,Having functionality to pull reports under a cost center, vendor and person who opens a requsition Having functionality to pull reports for invoicing and receipting,7,Increased efficiency as we are working with the global market,Buy-side contractsProcurement Contracts - A set of Terms and Conditions for every PO or Agreement you createWe have an on staff lawyer that authors about 17 different contract templates for service work and materials. These contract templates contain all of the terms and conditions we use for various types of purchase orders, contract purchase agreements and blanket purchase agreements. The system defaults the main contract template used and then the buyer decides if another one is more appropriate to use. If so they remove the main one and add one of the other contract templates to the document they are creating. The terms and conditions are then synchronized to the document. When viewing the document the PO PDF contains the PO itself along with the terms and conditions. The sychronization is done through XML publisher. Our on staff lawyer enters all of the terms and conditions required for the specific service including general requirements, compliance language, lien waivers, billing instructions, etc...into one big clause which serves as the contract template. These are update periodically when the need arises,Each document goes out the door with a specific set of terms and conditions All of our service work which we do a lot of has its own unique set of terms and conditions Material purchases have their own set of terms and conditions,Our lawyer has had trouble editing the clauses through WORD We have not utilized all of the functionality within the product We didn't want our buyers picking and choosing from a library of clauses to build a set of terms and conditions. Instead our lawyer has already done the heavy lifting by including everything in one contract template,10,Increased employee efficiency Ensuring we have reduced our risk by having the correct set of terms and conditions on every PO we create,,10
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Oracle E-Business Suite Procurement Contracts
105 Ratings
Score 8.3 out of 101
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Oracle E-Business Suite Reviews

Oracle E-Business Suite
105 Ratings
Score 8.3 out of 101
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Meghan Hays profile photo
October 31, 2017

Review: "Oracle E-Business Suite Procurement Contracts"

Score 7 out of 10
Vetted Review
Verified User
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We use Oracle E-Business Suite for purchase orders and vendor contracts on a global scale.
  • Has all MSA information for each vendor.
  • Automatic invoicing for the vendor.
  • Receipting for budgets and plug-ins with Allocadia to show actuals
  • Having functionality to pull reports under a cost center, vendor and person who opens a requsition
  • Having functionality to pull reports for invoicing and receipting
  • While negotiating contracts for marketing and other support material that is needed.
  • If it is a smaller vendor this is not the appropriate tool.
Read Meghan Hays's full review
Victor Alarcon profile photo
September 22, 2014

Oracle E-Business Suite Review: "Procurement Contracts - A set of Terms and Conditions for every PO or Agreement you create"

Score 10 out of 10
Vetted Review
Verified User
Review Source
We have an on staff lawyer that authors about 17 different contract templates for service work and materials. These contract templates contain all of the terms and conditions we use for various types of purchase orders, contract purchase agreements and blanket purchase agreements. The system defaults the main contract template used and then the buyer decides if another one is more appropriate to use. If so they remove the main one and add one of the other contract templates to the document they are creating. The terms and conditions are then synchronized to the document. When viewing the document the PO PDF contains the PO itself along with the terms and conditions. The sychronization is done through XML publisher.

Our on staff lawyer enters all of the terms and conditions required for the specific service including general requirements, compliance language, lien waivers, billing instructions, etc...into one big clause which serves as the contract template. These are update periodically when the need arises
  • Each document goes out the door with a specific set of terms and conditions
  • All of our service work which we do a lot of has its own unique set of terms and conditions
  • Material purchases have their own set of terms and conditions
  • Our lawyer has had trouble editing the clauses through WORD
  • We have not utilized all of the functionality within the product
  • We didn't want our buyers picking and choosing from a library of clauses to build a set of terms and conditions. Instead our lawyer has already done the heavy lifting by including everything in one contract template
Oracle E-Business Suite Procurement Contracts is well suited for creating various contract templates based on whether or not you are doing construction work, non-construction work, lease and rentals, engineering services or I.T. services.

You can build a set of questions to help guide your users to select the appropriate template or clause but we elected not to go that route.
Read Victor Alarcon's full review

Oracle E-Business Suite Scorecard Summary

Feature Scorecard Summary

Contract sharing (1)
4.5
Contract editing (1)
5.5
Collaborating on contracts (1)
6.4
Approval process (1)
9.1
Contract database (1)
4.5
Legacy contracts (1)
4.5
Tracking contract status (1)
4.5
Compliance check (1)
5.5

About Oracle E-Business Suite

Categories:  Contract Management