Oracle Procurement Cloud is a cloud based source to settle solution which provides a centralized procurement approach to an enterprise right from requisitioning to payment, contracts and supplier management with flexibility to implement any of the procurement offerings individually.
In a world where the bottom line defines procurement operations, efficient management of source to settle cycle has become critical. With this solution Procurement departments can find and add new suppliers quickly, business users can make purchases from dedicated suppliers easily and the invoicing process can be handled efficiently.
Key Business Benefits
- Streamline process and reduce operational spend
- Automate procure to pay process thereby reducing administrative tasks
- Better insights for users
- Social collaboration for seamless team communication and exchange of information
- Requisition to Payment Automation
- Consumer buying interface experience through Self Service
- Collaborative Sourcing Process with all Stakeholders
- Ensure Compliance in Contracts
- Supplier Qualification and Collaboration
- Rich prebuilt analytics with graphical interface
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