Oracle i procurement
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Oracle iProcurement is a web-based application that allows employees to create, manage and track purchase orders while ensuring company purchasing policies are followed. It streamlines the ordering process, enforces spending controls, and cuts procurement costs. The software integrates with Oracle's purchasing and procurement applications and can be deployed on-premise or through Oracle's cloud-based Procurement On Demand service. The latest release includes improvements to the user interface, expanded approval options, and enhanced catalog and content security features.
Oracle i procurement
- 1. Oracle iProcurement Oracle iProcurement is the self-service requisitioning application that controls employee spending. Oracle iProcurement provides a Web-based shopping system that allows employees to create, manage, and track their own orders while the Purchasing department retains central control. This helps to ensure that policies and preferred pricing agreements are reflected in every transaction. Easy ordering and seamless workflow provide better service, while non-sourced or off-catalog spending gets the attention it needs from buying professionals. Integrate and Streamline Your Procurement Processes Oracle iProcurement is part of the Oracle Advanced Procurement suite, integrates seamlessly with other Oracle applications, including Purchasing and Services Procurement. BENEFITS • Streamline employee ordering—eliminate error-prone paper processes with self-service ordering, while improving productivity and control • Enforce purchasing policy—enforce policies with unprecedented control and governance support • Slash procurement costs—lower your procurement costs by cutting transaction overhead, controlling maverick spending, and realizing the full value of your preferred supplier agreements ORACLE PROCUREMENT ON DEMAND Oracle iProcurement can play a crucial role in driving world class procurement. It works with your E-Business Suite implementation and can be deployed on-premise or via Oracle Procurement On Demand. ORACLE iPROCUREMENT RELEASE 12 Oracle iProcurement is among the better known and most widely used tools within the Oracle Advanced Procurement suite. R 12 includes ongoing improvements–some of which improve the cosmetics, while others represent major architectural advances. Major enhancements include: • New approval types • New user-interface options • New options for creating and maintaining favorites lists • Unified Catalog Architecture • Better Catalog Authoring Capability for Buyers, Suppliers and Catalog Administrators • Tolerance Based Change Request Routing and Approval • Content security enhancements that provide precise controls over which content is available to users