COLLABORATE 18 Presentation: Success Story- Oracle Cloud Procurement Implementation
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The document outlines a successful implementation of Oracle Cloud Procurement by Jade Global, detailing client requirements, key challenges, and the benefits of utilizing Oracle's cloud solutions. It highlights the importance of streamlining the procure-to-pay process, improving supplier management, and enhancing user productivity through features like flexible accounting rules and user-friendly interfaces. The presentation emphasizes rapid implementation, data accuracy, and the ease of configuration with minimal dependencies on technical developers.
COLLABORATE 18 Presentation: Success Story- Oracle Cloud Procurement Implementation
- 1. Session ID: Prepared by: Remember to complete your evaluation for this session within the app! 10015 Success Story: Oracle Cloud Procurement Implementation 23-April-2018 Sunny Todkari Lead Specialist Jade Global Inc www.linkedin.com/in/sunny-todkari
- 2. Agenda • Introduction • Client Requirements • Key Challenges • Why Oracle Cloud? • Why Procurement Cloud? • Benefits
- 3. Introduction
- 5. About Speaker • Oracle certified SME with 10+ years' experience • Extensive experience in Oracle SCM and WMS modules • End to End Implementations and Upgrades in Oracle Cloud and EBS R12 • Multiple Paper Presentations in Collaborate (Best of Collaborate 2017), SROAUG, NWOUG Conferences • LinkedIn: www.linkedin.com/in/sunny-todkari
- 7. How to Achieve • Automate Procure to Pay • Complex Approval Matrix • Effective Supplier Management • Enforce Negotiated Pricing • Reduce Workload and Labor Cost • Accounting based on Complex Business Rules • Increase User Productivity Oracle Cloud Procurement
- 9. Challenges Faced • Use of different systems with different data structures to capture purchasing data • Inconsistency in supplier names and classifications • Inconsistency in unit of measures and codes/syntaxes used • Insufficient line level data in current transaction system • Adoption to Cloud Procurement Processes
- 11. Why Oracle Cloud • Rapid Implementation: – Prepared List of Configuration Tasks – Standard Reports for Configuration Validation – Configuration Migration from One Instance to Another • Accuracy: – Less Chances of Errors (Configuration, Data Entry) – Data Entry using FBDI – Configuration Migration from One Instance to Another • No Hardware or Software to Install • Automatic Upgrades and Patching
- 12. FBDI (File Based Data Import)
- 13. Benefits of FBDI • Business Users can Load Large Volume Data • DB Access not needed during Go Live • Error Report Generation • Less / No Dependency on Technical Developers • Templates are provided by Oracle
- 17. Procurement Transaction Account Rules • Flexible mechanism to derive accounting • Eliminates the needs of customizing account generator workflow • Use of Mapping Sets and Account Rules • Seeded accounting defaulting rules which can be over layered by customized the rule
- 20. Oracle Purchasing Cloud • Requisitions – Process / Import Requisitions – View Requisition Lines • Orders – Create Orders (PO, Change Orders) – Manage Orders – Import Orders • Agreements – Create / Manage Agreements – Generate Approved Supplier List Entries • Supply Base – Manage Suppliers
- 22. Oracle Self Service Procurement Cloud • User Friendly Experience Similar to Consumer Websites • Little / No Training • Enhanced Search Capabilities • Punchout Catalogs • Shopping Lists / Catalogs
- 23. Oracle Self Service Procurement Cloud
- 24. Oracle Procurement Contracts Cloud • Streamline the Contracts Creation and Amendment • Amendment Approvals and Tracking • Contract Templates and Terms Library • Create Orders/Agreements directly from Contract • Email Notifications
- 25. Oracle Procurement Contracts Cloud
- 26. Oracle Supplier Qualification Mgmt Cloud • Manage Supplier Qualification Information • Send Online Questionnaire to Suppliers • Suppliers can reply using Supplier Portal • Take Accurate Sourcing Decisions on basis of Supplier Qualification • Understand Supplier Capabilities • Automatic Evaluation
- 27. Oracle Supplier Qualification Mgmt Cloud
- 28. Oracle Supplier Portal Cloud • Improve Supplier Communication • Supplier Acknowledgment and Change Order management • Dashboard and Reporting • Supplier Negotiation and Qualification Responses
- 29. Oracle Supplier Portal Cloud
- 31. Benefits • Streamlined Procure to Pay Process • Visibility to Spend and Maximize Negotiated Purchases • Web Shopping Experience • Improved Supplier Collaboration • Easily Configuration and Maintenance of Approval and Accounting Rules
- 32. Session ID: Remember to complete your evaluation for this session within the app! 10015 sunny.todkari@jadeglobal.com
Editor's Notes
- #5: Here I will talk brief about my company.
- #6: Here I will talk brief about myself.
- #8: Automate Procure to Pay: Automate day to day transactions so that saved time can be used effectively by the procurement team for creating more saving opportunities and making business more successful. Complex Approval Matrix: Combination of Parallel, Serial and Special Approvals for Purchasing Documents. Effective Supplier Management: Onboarding and Maintaining Supplier Data, Supplier Qualification and Assessment. Enforce Negotiated Pricing: Need to make sure that most of the purchases are linked to agreements and companies can use negotiated pricing effectively. Reduce Workload and Labor Cost: Automate day to day transactions so that saved time can be used effectively by the procurement team. Accounting based on Complex Business Rules: Accounting should happen on the basis of business rules. Increase User Productivity: At the end result, system should help to increase the user productivity. Increase User Productivity: Overall Goal
- #10: Use of different systems with different data structures to capture purchasing data Inconsistency in supplier names and classifications Inconsistency in unit of measures and codes/syntaxes used Insufficient line level data in current transaction system Adoption to Cloud Procurement Processes
- #12: Rapid Implementation: Prepared List of Configuration Tasks Standard Reports for Configuration Validation Configuration Migration from One Instance to Another Accuracy: Less Chances of Errors (Configuration, Data Entry) Data Entry using FBDI Configuration Migration from One Instance to Another
- #13: Talk about FBDI process flow and how it helps to load the data in system with intervention of technical developers.
- #14: Business Users can Load Large Volume Data DB Access not needed during Go Live Error Report Generation Less / No Dependency on Technical Developers Templates are provided by Oracle
- #16: What different types of approval management options are available in cloud. Explain in short. Explain supplier registration and spend authorization in details as this is newly brought in cloud.
- #17: Explain how one can create the rule, add the conditions and actions to the rule. Easy to create and maintain.
- #18: Business Users can Load Large Volume Data DB Access not needed during Go Live Error Report Generation Less / No Dependency on Technical Developers Templates are provided by Oracle
- #19: Explain how one can create the rule, add the conditions and actions to the rule. Easy to create and maintain.
- #21: Day to day activities done by buyer Manage Requisitions, Orders, Agreements and Suppliers
- #22: Explain what infolets are available and how they can be used effectively.
- #23: Little / No Training: User friendly. No or very little training is required. Employees can easily search , use shopping lists, browsing categories and create the requisitions.
- #24: Explain what infolets are available and how they can be used effectively.
- #25: Streamline the Contracts Creation and Amendment Amendment Approvals and Tracking Contract Templates and Terms Library Create Orders/Agreements directly from Contract Email Notifications
- #27: Manage Supplier Qualification Information Send Online Questionnaire to Suppliers Suppliers can reply using Supplier Portal Take Accurate Sourcing Decisions on basis of Supplier Qualification Understand Supplier Capabilities Automatic Evaluation
- #28: Little / No Training: User friendly. No or very little training is required. Employees can easily search , use shopping lists, browsing categories and create the requisitions.
- #29: Improve Supplier Communication Supplier Acknowledgment and Change Order management Dashboard and Reporting Supplier Negotiation and Qualification Responses
- #30: Explain what infolets are available and how they can be used effectively.
- #32: Streamlined Procure to Pay Process Visibility to Spend and Maximize Negotiated Purchases Web Shopping Experience Improved Supplier Collaboration Easily Configuration and Maintenance of Approval and Accounting Rules