Oracle Advanced Procurement Oracle Advanced Procurement automates purchasing to make buyers more productive, improves management of your supply base and adapts to any procurement process. As the heart of the Oracle Advanced Procurement suite, Oracle Purchasing provides a rich store of policy and supplier information, a robust workbench for buying professionals, and consolidated visibility into all spending. Oracle Purchasing turns demand into orders with the least possible manual work. Configurable automation executes routine transactions without intervention, making buyers more productive while enforcing compliance at every step. So procurement professionals spend less time processing paper, and more time discovering and exploiting new savings opportunities. Web-Shopping Interface Ensures Rapid Deployment and Adoption Oracle iProcurement lets you control spending by all employees because it is easy for you to implement and for them to use. Oracle iProcurement gives employees an intuitive web-shopping interface that is instantly familiar to anyone who has shopped online. Powerful search features and logically grouped online “stores” lead users to the products and services they need. Requesters can place and track orders from any web browser. This web architecture also allows rapid deployment to every employee because there is no desktop software to install. Your employees have immediate access to the 'iProcurement' system and an interface they can use right away. Content Control Guides User Choice With Oracle iProcurement, Purchasing departments completely control the products, services and views that employees see; based on organization, responsibilities, and more. The content can be easily loaded into iProcurement and you can use your existing supplier agreements. Requesters find the items using a configurable category structure or employ the powerful advanced search capabilities. You can provide rich information on the items so employees make informed decisions. Suppliers can also manage content on your behalf. Oracle iProcurement allows users to punch-out to supplier-hosted sites, returning for checkout and approval. Additionally, iProcurement’s unique Transparent Punch-Out even allows users to access content from external sites without ever leaving the familiar iProcurement interface. By providing flexible options for user content, Oracle iProcurement gives you unparalleled ability to guide employees to make compliant purchasing choices. Key Functionality of Oracle iProcurement Catalog Management Purchasable content is made available for shopping from internal or external sources based on the organization’s needs. Shopping
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Oracle Advanced Procurement
Oracle Advanced Procurement automates purchasing to make buyers more productive, improves
management of your supply base and adapts to any procurement process. As the heart of the Oracle
Advanced Procurement suite, Oracle Purchasing provides a rich store of policy and supplier information,
a robust workbench for buying professionals, and consolidated visibility into all spending. Oracle
Purchasing turns demand into orders with the least possible manual work. Configurable automation
executes routine transactions without intervention, making buyers more productive while enforcing
compliance at every step. So procurement professionals spend less time processing paper, and more
time discovering and exploiting new savings opportunities.
Web-Shopping Interface Ensures Rapid Deployment and Adoption
Oracle iProcurement lets you control spending by all employees because it is easy for you to implement
and for them to use. Oracle iProcurement gives employees an intuitive web-shopping interface that is
instantly familiar to anyone who has shopped online. Powerful search features and logically grouped
online “stores” lead users to the products and services they need. Requesters can place and track orders
from any web browser. This web architecture also allows rapid deployment to every employee because
there is no desktop software to install. Your employees have immediate access to the 'iProcurement'
system and an interface they can use right away.
Content Control Guides User Choice
With Oracle iProcurement, Purchasing departments completely control the products, services and views
that employees see; based on organization, responsibilities, and more. The content can be easily loaded
into iProcurement and you can use your existing supplier agreements. Requesters find the items using a
configurable category structure or employ the powerful advanced search capabilities. You can provide
rich information on the items so employees make informed decisions. Suppliers can also manage
content on your behalf. Oracle iProcurement allows users to punch-out to supplier-hosted sites,
returning for checkout and approval. Additionally, iProcurement’s unique Transparent Punch-Out even
allows users to access content from external sites without ever leaving the familiar iProcurement
interface. By providing flexible options for user content, Oracle iProcurement gives you unparalleled
ability to guide employees to make compliant purchasing choices.
Key Functionality of Oracle iProcurement
Catalog Management
Purchasable content is made available for shopping from internal or external sources based on the
organization’s needs.
Shopping
Process where users search for, compare, and select items that they need to purchase. Users can search
the internal catalog, lists, table of contents, and categories. They can also punch out to either supplier-
hosted or marketplace-hosted catalogs to shop. Once found, the items can be quickly added to a
shopping cart.
Checkout and submit
Requestors enter quantities, billing information, and delivery information in the shopping cart for their
order. Their cart contents are converted to a requisition and submitted for approval.
Approval and order creation
Workflow routes requisitions to the correct approvers based on predefined business rules. Approved
requisitions are used to create purchase orders and blanket purchase agreement releases. Additionally,
approved requisitions can be placed on Sourcing RFQs and auctions.
Receive order
Process where users specify information about the delivery of their order.