Oracle Advanced Procurement Software


 

Oracle Advanced Procurement is an integrated suite of applications designed for the end-to-end procurement process. This system is suitable for midsize to large organizations and can be deployed both on-premise and in the cloud.

This solution helps streamline procurement processes with its purchasing transaction system and complete finance integration. The Web shop ordering feature allows employees to place and track their requisition from any device.

Oracle Advanced Procurement also allows early payment discounts, as it supports the Evaluated Receipt Settlement (ERS) process, which automatically creates invoices in Oracle Payables for prompt payment. Its vendor managed inventory and consignment process provides access to authorized suppliers so they can manage inventory on behalf of the organization.

This solution can be purchased as an integrated package or via individual module, such as iSupplier Portal. Advanced pricing can be purchased as add-on feature. The complete suite features strategic sourcing, employee and supplier self-service, contract management and procure to pay automation.

 

Oracle Advanced Procurement - iProcurement
 
  • Oracle Advanced Procurement - iProcurement
    iProcurement
  • Oracle Advanced Procurement - iSupplier Portal
    iSupplier Portal
  • Oracle Advanced Procurement - Spend analytics
    Spend analytics
  • Oracle Advanced Procurement - Supplier portal
    Supplier portal
Supported Operating System(s):
Windows 7, Windows Vista, Windows XP, Mac OS, Linux, HP-UX, AIX, Solaris, Unix, IBM OS/400, Web browser (OS agnostic), Windows 2000, Windows 8

4 Reviews of Oracle Advanced Procurement

Showing 1-4 of 4

 

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Scotty from Machinery
Specialty: Automotive
Number of employees: 1,001-5,000 employees Employees number: 1,001-5,000 employees

February 2018

February 2018

Very good software, easy to use with many useful features

Ease-of-use

Functionality

Product Quality

Customer Support
N/A
Pros

The software is very easy to use and understand, very little training was required to understand how to use it. Movement between screens is very fast and seamless, very little wait time for the system to make changes or calculations. Follow up and reminder messages are very clear and easy to understand what the system is asking you to do to complete the task.

Cons

Oracle software is a little bit more expensive than many other systems, but offers a better product for the cost than most of it's competitors.

Review Source
 
 

Supreeth from Comau Power train
Specialty: Automotive
Number of employees: 501-1,000 employees Employees number: 501-1,000 employees

February 2018

February 2018

Advanced Supply Management Tool

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Pros

This is one of the advances supply Management tool which is used to cut cost spending on goods and services.

Cons

Proper tool knowledge is required and little less flexible in commands. Multiple function may cause little delay in result display.

Review Source
 
 

Blair from The Plaza Suites Santa Clara
Specialty: Food & Beverage
Number of employees: 201-500 employees Employees number: 201-500 employees

November 2017

November 2017

Advanced Procurement

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Pros

Oracle's Advanced Procurement is such a convenient system to use! It makes reducing the spending on goods a lot easier. Just a few simple clicks and no extra steps. The fact that is drives policy compliance is a plus!

Cons

Oracle's Advanced Procurement would probably have a downside to those who are not used to using technology.

Review Source
 
 

Evelyn from Safe-T-Nose LLC
Specialty: Office Equipment & Supplies
Number of employees: 201-500 employees Employees number: 201-500 employees

June 2017

June 2017

Oracle has many features but if not written up correctly to company needs it can definitely be a challenge

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

the system can be made a bit more reliable when it comes to loading and freezing up. it would be nice if there were fewer steps to take when doing just one part of procurement.

Pros

We have the option to attach documents and the procurement feature is awesome. it's nice to be able to put data together into a excel spreadsheet

Cons

I am not crazy of the fact that at times the system can slow down and you can lose all the work you have done.