Posted on January 1st, 2015 by Sanjit Anand || Email This Post
Oracle Advanced Procurement is an integrated suite of software that dramatically cuts all supply man-agement costs.
It adapts to your purchasing processes, supporting any combination of procurement models. It leverages Oracle’s extensive applications capabilities, robust development and operating platform, and award-winning global support. Thousands of companies in diverse industries—including professional services, government, asset-intensive sectors, and manufacturing—rely on Oracle Advanced Procurement to deliver billions in savings year after year.
Oracle Advanced Procurement (Fig 1) includes the following applications:
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Oracle Purchasing helps buying professionals streamline PO processing while strengthening compliance.
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Oracle Sourcing improves the effectiveness a nd efficiency of strategic sourcing
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Oracle iProcurement controls employee spending and streamlines ordering through a familiar Web-store interface.
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Oracle Services Procurement enables complete control and oversight for services spending.
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Oracle Procurement Contracts creates and enforces better purchasing contracts.
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Oracle iSupplier Portal structures all supplier communications through a secure, internet-based portal with online PO collaboration and paperless fulfillment and payment.
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Oracle Supplier Network is an electronic transaction service that automates delivery of purchasing and payment documents.
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Oracle Landed Cost Management (LCM) gives organizations financial visibility into their extended supply chain costs, including transportation and handling fees, insurance, duties, and taxes.
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Oracle Procurement and Spends Analytics Solution help organizations optimize their supply side performance by integrating data from across the enterprise value chain, thereby enabling executives, managers, and frontline employees to make more informed and actionable decisions
Good Reasons for Using Oracle EBS Advanced Procurement –How Oracle Helps !
Business Driver | How Oracle Helps | Business Benefits | Relevant Oracle Module |
Reduce spending on goods and services |
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Streamline Processes |
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Enforce policy compliance |
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Eliminate Multiple systems |
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Business can adopt a single world-class Oracle system which not only has extensive functional capabilities but also technical capabilities |
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Here is Integrated Process Flow you can see, if planning to implement Advance Procurement Application
10 Good Reasons for Using Oracle EBS Advanced Procurement
Business Reason |
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Systems Reasons |
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