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Oracle Procurement Cloud description
Oracle Procurement Cloud is a comprehensive software suite designed to automate and streamline the entire procurement process for businesses. It offers a range of tools for managing suppliers, sourcing goods and services, creating and tracking contracts, and analyzing spending. This cloud-based system provides a central hub for all procurement activities, enabling businesses to control costs, reduce risks, and improve efficiency. Oracle Procurement Cloud is suitable for mid-sized to large companies across various industries. Its user-friendly interface, robust features, and focus on automation make it a popular choice for businesses looking to modernize their procurement operations.
Who is Oracle Procurement Cloud best for
Oracle Procurement Cloud helps mid-size to large businesses modernize procurement. It streamlines processes, manages suppliers, and analyzes spending. Users praise its comprehensive features and integrations but note occasional bugs and complex administration.
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Best for medium to large enterprises.
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Suitable for businesses across various industries.
Oracle Procurement Cloud features
| Supported Oracle Procurement Cloud supports the ability to store and manage supplier contracts, including tracking key dates and milestones. |
| Supported Oracle Procurement Cloud supports the ability to create and submit purchase orders online. |
| Supported Oracle Procurement Cloud supports the ability to track the status of purchase orders from creation to approval to fulfillment. |
| Supported Oracle Procurement Cloud automates procurement processes, manages purchase orders, tracks supplier performance, and optimizes inventory levels. |
| Supported Oracle Procurement Cloud offers tools to control, categorize, and gain visibility into suppliers. |
| Supported Oracle Procurement Cloud supports requests for quotes, purchase orders, invoices, and shipments. |
Oracle Procurement Cloud reviews
We've summarised 47 Oracle Procurement Cloud reviews (Oracle Procurement Cloud G2 reviews) and summarised the main points below.
- Lot of capabilities available across modules and they integreate very well togather as a standard.
- Also the capability to extend, helps with core business use cases.
- Its simple and basic user interface makes it easier for the users to navigate and perform the required actions and get expenses reimbursed.
- It simplifies the expense submission and approval process.
- Tasks such as capturing receipts, and categorizing expenses is quite easy.
- Flags non-compliant expenses and quickly points out for correction.
- The approval notifications are flagged and allow us to approve expenses with one click.
- The system also helps build your own dashboards, and add or hide components using page composer.
- It also comes with a few other features and functionalities to help with procurement, tools, and scheduled processes.
- It\'s also easy to set the role and delegate approval rights to someone else if going on a vacation.
- One integrated solution for all applications
- Ease of implementation and integration
- it covering most of the feature.
- its standadize across induxtry .
- I like RMC as well
- Cloud ready and true cloud solution.
- Oracle is also gearing for industry solution and gearing towards AI
- Has made us more efficient and gave us the capability to continue working successfully during COVID
- Accomodates the standard business functions in Finance, HCM, EPM
- Efficiency has been obtained especially in the AP module with invoice processing and with payments.
- its on the cloud and regularly patched, keeping us upto dat eand avoiding expensive technical debt over the years
- That it has a complete set of modules that are tightly integrated
- Accounting, financial amd procurement management organised in one cloud gives good combination of resource planning in one.
- Cloud based application, Scalable, Adaptive and modern interface
- From implemantation point of view it\'s the setup and maintenance planning feature / the grouping of related and needed setups to do.
- From operation it\'s cloud and new features, that we are not lost in an old version for years due to extensions etc.
- The information given, is useful but can be better the pages are no so intuitive
- Among the many merits that I find with Oracle Procurement Cloud, successful procurement procedures is something that I find very interesting using Oracle Procurement Cloud.
- Furthermore, accuracy in every transaction, and there is no possibility of losses.
- I like that Procurement Cloud is cost effective, easy to deploy and use and it offers great features that meets our procurement needs.
- I have used Oracle Procurement Cloud and I like the ease of using the tool, ability to customize as well as the fact that there are lots of features.
- the process is so streamlined with all the necessary features required to process the procure to pay cycle.
- Oracle uses the best industry practices and that is what used here.
- The user interface, reports, and inquiries are very beneficial
- OTBI reports are very good for the realtime activities
- approvals are easy and at multiple levels
- supplier negotiation and supplier registration are very beneficial to filter out the top suppliers for the organization.
- I like this tool because it allows to improve the system of purchases and invoicing accelerating the processes and doing a detailed registry of the operations, it is easy to use and the training to our personnel was very fast and without setbacks of any kind, the technical support of Oracle is very good.
- I like Oracle Procurement Cloud because it is a software that helps us streamline, automate and design procurement processes in different areas of the company.
- It allows us to execute a fast and effective procurement process that improves the relationship with our suppliers, and helps us keep costs down.
- So far I enjoy the user interface and the ease of demonstrating to clients the functions of Procurement.
- Amazing look and experience ..easy navigation and more user friendly
- helps centralize the procurement function and streamline and standardize across the organization
- Procurement day to day activities such as management of contracts, purchasing , negotiation and even collaboration has been simplified for me.
- The Intuitive user interface is a huge leap from traditional on prem systems.
- Interconnected navigation makes the tasks much faster!
- Ease of use and integration with downstream tools including receiving and payment, plus authorization.
- The ability to secure external resources.
- The flow of the product within one HUB.
- Drop ship process is working as expected and also like the CMK it provides the visibility and retrigger of purchase orders
- the way you can manage the cointractors and rank then ir order to choose the better option, not only the cheaoest one
- It simplifies the tasks and work processes of our data and helps to keep it more organized, its integration with the systems that includes helped us solve many problems thanks to its great compatibility.
- The quality of their service in the cloud is impeccable, and helps us save a lot of time and work.
- It is a very effective solution of its category.
- looks good and looks easy to use and follow.
- Simple windows based application.
- Simple flow and easy find way around
- I like that it it user friendly and overall easy to use.
- You don\'t have to be a super tech savvy person to use it so you feel accomplished while using it getting your work done
- The feature set in the Sourcing module is excellent.
- It seems that I can eliminate having multiple different tools and do everything in Oracle Sourcing.
- RFQ management, punchouts etc. will be very helpful.
- 2 stage RFQ SQM and self service procurement are some of the best features for vendor negotiations.
- Sourcing, Negotiation and RFQ process is very streamlined and benefits business.
- Oracle is very user friendly & has multi purpose use
- The wide range of actions you can take.
- approval processes are well defined and once you understand the dinamic of the software is very powerful.
- Oracle is an excellent software tool to input data in a very organized and understanding way.
- It allows you to enter information in a very precise way to later having the ability to explain it with clarity.
- Oracle Sourcing is tightly integrated with other procurement modules like Oracle Purchasing, iSupplier Portal, Oracle Procurement Contracts etc.
- Cuts negotiation time with suppliers.
- Makes faster award decisions.
- Suppliers can respond to predefined questions either online or via spreadsheet export and import.
- Great user interface.
- Oracle Procurement Cloud allows to optimize the expenses of the employees, but also to create, and to manage the orders, while leaving to the Purchasing department the final control, this tool makes it possible to rationalize the process of supply
- The ease of tracking previous orders and ensuring that I am using my company\'s preferred pricing agreements.
- Good program it makes the procurement process faster
- I like the app but it took a minute to learn and get used to.
- good UI,oracle procurment cloud, good supplier over review ,
- Oracle ERP Cloud Supply chain , Oracle ERP cloud financial are very good.
- good to support Source to settle business process
- good integration with In primises ERP for Payable
- db is more stable. E-business suite has lots of purge in.
- Bugs and invoice workflow issues
- Expense module is not robust
- Customer support is not great
- Redundant questions in the SR
- Some capabilities must be done manually because the system isn\'t capable of functioning as needed.
- UI needs betterment, for example procurement self service solution as compared to Coupa; CX solution as compared to Salesforce
- Admin and roles are difficult - all installs have a hard time figuring out the right roles needed and only the needed ones
- The complexity can be a bit overwhelming at first and the lack of clear help resources is challenging for new users of the system
- sometimes the features are mentioned but are available in the next release so sometimes this is awkward.
- we have to keep up through the SR to get to know the status
- So far Procurement Cloud has been a blessing with no issues whatsoever.
- The loading time taken to the data in the charts
- the grafics an the integration of the pages are not so great
- Search is not intuitive is a bit difficult to grasp. Hope there\'s less clciks
- Typical project management hurdles that delay implementation. This has nothing to do with the platform.
- service mapping was bit confusing and over complicated , Unable to update the certain fields.
- To many fields are not linked and you have to enter the same data multiple times resulting in more chance of human error
- A lot of the times the system had to make updates so it would be done so a litttle inconvenient when needing to get your work done obviously
- Dislike the workflow, only reporting manager can approve invoices, unable to assign to someone else.
- It is difficult to understand at first. What you need to do to create a PO is not very intuitive, and while is highly customizable I think that is one drawback as the customization may interfere with the user experience
- The search engine is a bit rough, and some screens that are left over in the interface, could improve it making it better visually.
- Hard to code. Take a long time to change.
Oracle Procurement Cloud alternatives
CoupaBetter for smaller businesses. Has broader industry applicability, including sectors like Healthcare, Wellness & Pharma, E-commerce, Retail, Consumer Goods, and Manufacturing. Is growing faster in terms of website traffic and employee growth. Users praise its automated approvals and simple workflow. However, some find the interface outdated and data extraction challenging.Read more
ProcolBetter for optimizing costs through its auction module. Offers a user-friendly interface and strong customer support. Focuses on transparency and real-time communication in the bidding process. However, navigation and reporting could be improved. Lacks multi-language support.Read more
SAP AribaBetter for contract management and execution. Seamless integration with SAP products. Steeper learning curve and less intuitive user interface. API connectivity is expensive. Negative perception of customer service.Read more
QuickBooks OnlineBetter for small to medium businesses needing basic accounting. Provides core accounting features like online payments and expense reporting. Easier to use with simpler navigation. More affordable pricing plans.Read more
Procure AiMore AI-driven features and automation of source-to-pay tasks. Has significantly more momentum currently. An Oracle Procurement Cloud competitor and alternative.Read more
MercanisKnown for rapid implementation and user-friendliness. Has significantly more momentum currently.Read more
Oracle Procurement Cloud FAQ
What is Oracle Procurement Cloud and what does Oracle Procurement Cloud do?
Oracle Procurement Cloud streamlines the source-to-settle process. It automates procurement, manages suppliers, tracks spending, and helps control costs. This cloud-based solution is ideal for mid-to-large businesses seeking modernized procurement operations.
How does Oracle Procurement Cloud integrate with other tools?
Oracle Procurement Cloud integrates seamlessly with other Oracle Cloud applications. It also offers robust APIs and integration tools for connecting with third-party systems, enabling streamlined data flow and process automation across the entire value chain.
What the main competitors of Oracle Procurement Cloud?
Top alternatives to Oracle Procurement Cloud include Coupa, SAP Ariba, and Procol. These competitors offer similar features like spend analysis, supplier management, and automated procurement processes. They also provide cloud-based solutions suitable for various business sizes.
Is Oracle Procurement Cloud legit?
Oracle Procurement Cloud is a legitimate and safe software solution. It's a popular choice for businesses seeking to streamline their procurement processes, offering features like procurement automation, supplier management, and contract management. It's generally well-regarded for its comprehensive features and robust functionality.
How much does Oracle Procurement Cloud cost?
I couldn't find pricing details for Oracle Procurement Cloud. Contact Oracle sales for a personalized quote based on your company's needs. Consider exploring alternative procurement solutions if budget is a primary concern.
Is Oracle Procurement Cloud customer service good?
Customer reviews on Oracle Procurement Cloud's support are mixed. While some users appreciate the software's robust features and automation capabilities, others have expressed frustration with the customer support, citing it as not being geared towards customer-specific scenarios.
Reviewed by
Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.
Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.