ADVANCED PROCUREMENT

Oracle Advanced Procurement is the integrated suite of applications that dramatically cut all supply management costs. Oracle Advanced Procurement reduces spending on goods and services, streamlines procure-to-pay processes, and drives policy compliance.

Oracle Supplier Network

Oracle Supplier Network is the secure online service that automates electronic document exchange with suppliers. By enabling paperless processing, OSN slashes the cost, effort, and cycle time of managing purchase orders and invoices. OSN is free and works seamlessly with Oracle Fusion, E-Business Suite, and PeopleSoft applications. So, it is easy for Procurement and Finance organizations to accelerate supplier ennoblement, simplify connectivity, and reduce costs. 

Sourcing

Oracle Sourcing is the enterprise application that drives more and better sourcing through online collaboration and negotiation. It is a key component of Oracle Advanced Procurement, the integrated suite that can dramatically cut all supply management costs. 

Because strategic sourcing is typically time-consuming and complex, few organizations are able to exploit all available sourcing opportunities. Oracle Sourcing increases the sourcing bandwidth of procurement professionals, so they can exploit many more savings opportunities and capture more value from each. Online collaboration and negotiation makes it easy for experts from multiple organizations to exchange information, define requirements, conduct negotiation, and create new contracts. Buying professionals, business experts, and suppliers can all collaborate to create agreements that provide the best terms. 

Supplier Life-cycle Management

Suppliers aren’t just important to the procurement department; they are often a key component of an entire organization’s ability to generate value. And the ability to generate value is compromised when information about supplier performance is locked away in disparate systems or in employee’s heads. Without a clear picture of the capabilities of incumbent and potential suppliers, organizations can only guess and hope that they are buying from the right sources. 

Oracle Supplier Lifecycle Management is the supplier development application that transforms qualification, administration, and assessment. With Oracle Supplier Lifecycle Management organizations can streamline registration and review of prospective suppliers, enable cross functional performance evaluation, and assure effective governance and risk mitigation. It is a key component of Oracle Advanced Procurement, the integrated suite that dramatically cuts all supply management costs. 

Purchasing

Oracle Purchasing is the application for professional buyers that streamlines purchase order processing while strengthening policy compliance. It is a key component of Oracle Advanced Procurement 

According to independent experts the key to achieving world class procurement performance lies in using technology to automate routine tasks. This frees procurement professionals to work on more strategic tasks related to sourcing and supplier management. Oracle Purchasing does just that. It automates purchasing to make buyers more productive, improves management of your supply base, and adapts to virtually any procurement process. 

As the heart of the Oracle Advanced Procurement suite, Oracle Purchasing provides a rich store of policy and supplier information, an enterprise class automation platform, and a robust workbench for buying professionals. 

Services Procurement

Oracle Purchasing is the application for professional buyers that streamlines purchase order processing while strengthening policy compliance. It is a key component of Oracle Advanced Procurement 

According to independent experts the key to achieving world class procurement performance lies in using technology to automate routine tasks. This frees procurement professionals to work on more strategic tasks related to sourcing and supplier management. Oracle Purchasing does just that. It automates purchasing to make buyers more productive, improves management of your supply base, and adapts to virtually any procurement process. 

As the heart of the Oracle Advanced Procurement suite, Oracle Purchasing provides a rich store of policy and supplier information, an enterprise class automation platform, and a robust workbench for buying professionals. 

iSupplier Portal

Oracle iSupplier Portal is the enterprise application that structures all supplier communication through a secure internet-based portal. 

Phone calls, faxes, and e-mails with suppliers waste time, introduce errors, and create latency in your supply chain. Oracle iSupplier Portal, with its powerful platform for online collaboration, enables you and your suppliers to become more efficient. Suppliers access the latest information, including purchase orders, delivery information, and payment status. The rich two-way collaboration enables suppliers to submit change requests, ship notices, payments, and profile data. Now you can gain better service, reduce processing costs, and get relief from costly supplier inquiries. The bottom line is that your buying organization has time to focus on what really matters-getting more savings. 

iProcurement

Oracle iProcurement is the self-service requisitioning application that controls employee spending. Oracle iProcurement provides a Web-based shopping system that allows employees to create, manage, and track their own orders while the Purchasing department retains central control. This helps to ensure that policies and preferred pricing agreements are reflected in every transaction. Easy ordering and seamless workflow provide better service, while non-sourced or off-catalog spending gets the attention it needs from buying professionals. 

Procurement Contracts

Oracle Procurement Contracts is the enterprise application that creates and enforces better purchasing contracts. It is a key component of Oracle Advanced Procurement, the integrated suite that dramatically cuts all supply management costs. 

Despite the importance of contracts governing supplier relationships and the huge sums of money involved, the process of managing contracts is error-prone and lacks meaningful controls. Unfortunately, without proper oversight, contract negotiations can be lengthy and unpredictable — and the resulting contracts can expose an organization to risk. And even the best contracts can fail to deliver the expected savings because of an organization’s inability to drive enforcement. Oracle Procurement Contracts allows you to take control of your contract lifecycle, from authoring and negotiation through implementation, enforcement, evaluation, and closeout. Business stakeholders, procurement experts, and legal professionals can quickly author contracts that comply with corporate standards. Plus, your company can measure compliance to ensure that negotiated savings hit the bottom line. 

Oracle Contract Lifecycle Management for Public Sector

Contract Lifecycle Management (CLM) is a fully integrated procure-to-pay system. It provides automated and auditable processes from PR Generation through solicitation to entitlement to payments. With an integrated view of finance, acquisition, and supply it facilitates the ultimate closeout of the award. It was designed with the intent to help government organizations to achieve business efficiency by transitioning from disconnected operations, characterized by stove-piped systems, to ones that are cost effective and executed in the fewest steps possible. CLM enables business process standardization, and because it is an integrated with E-Business Suite Financials and Advanced Procurement and is designed with funds control and auditability in mind. 

E-Business Suite Financials allow you to work smarter, increase efficiency and reduce back-office costs with standardized processes for shared services, productivity tools, and integrated performance management. 

Oracle Advanced Procurement is the integrated suite of applications that dramatically cut all supply management costs. Advanced Procurement reduces spending on goods and services, streamlines procure-to-pay processes, and drives policy compliance. CLM ties these together for a Public Sector Clients. The customer can use the appropriate modules as their business practices dictate.