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With Oracle Procurement Cloud achieve operational excellence!We piloted the Oracle Procurement Cloud in the companies we recently acquired. We plan to roll out to the entire organization. Procurement cloud has developed ground up using latest and greatest technology stack. It combines industry best practices from various products from the Oracle-like Oracle EBusiness Suite, Peoplesoft, JD Edwards etc. Oracle Procurement cloud includes Sourcing, Self-service Procurement, Purchasing, Supplier portal and Procurement Contracts. Our Organizational goal is to leverage paperless and touchless accounts payables invoicing. The supplier portal came handy in achieving this goal. The supplier portal was well received by our suppliers than we anticipated. The supplier portal increased collaboration and engagement of our suppliers.,Oracle Procurement Cloud is tightly integrated with other Oracle products like Cloud Financials, WebCenter and Project Portfolio management which we plan to use in future. Further Procurement Cloud is similar to the on-premise Oracle EBusiness suite which gives a feeling of familiarity to our employees and reduced training effort. Procurement cloud is mobile and tablet friendly with its elegant modern user interface. Ours is a project based organization and most of our employees are in the field. Ability to access the application on mobile and tablets is a big plus. Suppliers can flip the purchase orders into invoices using the supplier portal saving time and effort. Procurement cloud is simple and less complex than Oracle EBusiness Suite which we use for other operating units.,We raised a couple of enhancements during our implementation, hopefully, Oracle will fix them sooner than later. The pages in the supplier portal cannot be personalized as the personalization link is not available on supplier portal pages. Oracle Procurement Cloud works best in firefox browser. Other browsers like chrome, internet explorer have some minor issues. There is scope to make supplier portal more intuitive by adding guided navigation etc. We spent some time in training suppliers as the supplier portal was not as intuitive as we liked it to be.,10,Ours is a project driven organization. We wanted Oracle Procurement Cloud to track everything based on projects, tasks, expenditure organization etc and procurement cloud has this feature. We wanted a product with embedded business intelligence and which can be easily integrated with Financials. We wanted a product with a Supplier portal. Further, we can leverage Oracle Supplier Network in future for XML transmission of Purchase orders and invoices with large suppliers with a high volume of transactions.,With supplier portal we could leverage self service invoicing, which saved effort and time for us. With embedded business intelligence we could do spend analysis and plug the leakages. Our employees in the field could approve invoices from mobile phones saving time and effort. In future we could leverage features like oracle supplier network, self billing etc,Oracle Applications Users Group,,25,1,Supplier collaboration using supplier portal Reduced Data entry spend and effort using supplier portal Streamlined approval workflows for requisitions and purchase orders Better controls using 3-way matching. Greater audit trail and transparency. Embedded analytics for spend analysis.,Onboarding of suppliers using the supplier portal. Generate accruals based on the promised date of the purchase orders. E-delivery of purchase orders and acknowledgment of purchase orders using supplier portal,Leverage advanced shipment notices in supplier portal Leverage procurement contracts module as a contracts repository Leverage supplier lifecycle management solution.,10,Yes,Price Product Features Product Usability Product Reputation Prior Experience with the Product Vendor Reputation Existing Relationship with the Vendor Positive Sales Experience with the Vendor Analyst Reports Third-party Reviews,Take existing customer references in the same industry. Hire trained and well-versed consultants to implement the solution. Involve all the stakeholders from the beginning of the project. Hire an experienced project manager to oversee the implementation.,Third-party professional services,Yes,Change management was a big part of the implementation and was well-handled,There were issues in data conversion. There were issues in integration of procurement cloud with other in house systems,9,Yes,9,No,The technical support was helpful in providing workarounds as our requirement was not met by the product natively.,Create requisitions, catalog search Supplier portal is okay Creation of request for quotations in Sourcing is good,We felt taxes were complex as we do not have sufficient knowledge in that area,Yes,8
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Oracle Procurement Cloud
4 Ratings
Score 8.3 out of 101
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Oracle Procurement Cloud Reviews

Oracle Procurement Cloud
4 Ratings
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Score 8.3 out of 101
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Shiva Krishna profile photo
June 19, 2018

Review: "With Oracle Procurement Cloud achieve operational excellence!"

Score 10 out of 10
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We piloted the Oracle Procurement Cloud in the companies we recently acquired. We plan to roll out to the entire organization. Procurement cloud has developed ground up using latest and greatest technology stack. It combines industry best practices from various products from the Oracle-like Oracle EBusiness Suite, Peoplesoft, JD Edwards etc. Oracle Procurement cloud includes Sourcing, Self-service Procurement, Purchasing, Supplier portal and Procurement Contracts. Our Organizational goal is to leverage paperless and touchless accounts payables invoicing. The supplier portal came handy in achieving this goal. The supplier portal was well received by our suppliers than we anticipated. The supplier portal increased collaboration and engagement of our suppliers.
  • Oracle Procurement Cloud is tightly integrated with other Oracle products like Cloud Financials, WebCenter and Project Portfolio management which we plan to use in future.
  • Further Procurement Cloud is similar to the on-premise Oracle EBusiness suite which gives a feeling of familiarity to our employees and reduced training effort.
  • Procurement cloud is mobile and tablet friendly with its elegant modern user interface. Ours is a project based organization and most of our employees are in the field. Ability to access the application on mobile and tablets is a big plus.
  • Suppliers can flip the purchase orders into invoices using the supplier portal saving time and effort.
  • Procurement cloud is simple and less complex than Oracle EBusiness Suite which we use for other operating units.
  • We raised a couple of enhancements during our implementation, hopefully, Oracle will fix them sooner than later.
  • The pages in the supplier portal cannot be personalized as the personalization link is not available on supplier portal pages.
  • Oracle Procurement Cloud works best in firefox browser. Other browsers like chrome, internet explorer have some minor issues.
  • There is scope to make supplier portal more intuitive by adding guided navigation etc. We spent some time in training suppliers as the supplier portal was not as intuitive as we liked it to be.
Oracle Procurement Cloud is a suite of products like Sourcing, Procurement Contracts, Purchasing, Self Service Procurement and Supplier portal. Using Sourcing request for quotations, bids can be initiated with the required questionnaire to suppliers. For low value, high volume transactions, self-billing can be enabled, wherein receipt can be converted to invoices automatically. Procurement cloud comes with embedded business intelligence which will help in doing spend analysis. Role-based access control is built into the application, which makes it easy to implement Segregation of duties for SOX compliance. Procurement cloud supports share service center, center-led procurement models. Procurement cloud is spreadsheet friendly. Transactions can be imported into spreadsheets from all screens. Customizations may be difficult in procurement cloud. We never intended to do any customizations, hence it was not a problem for us.
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About Oracle Procurement Cloud

Oracle Procurement Cloud helps users manage the source-to-pay process through automation and social collaboration.

Categories:  Procurement

Oracle Procurement Cloud Technical Details

Operating Systems: Unspecified
Mobile Application:No