Oracle

Oracle Fusion Cloud Procurement

Composite Score

6.9 /10

CX Score

6.9 /10

48 Reviews Write a Review

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What is Oracle Fusion Cloud Procurement?

Modern procurement starts with standardizing, streamlining, and automating the source-to-pay process. With Oracle Procurement Cloud, you'll gain a more efficient, effective, and influential procurement organization that helps keep costs under control by selecting the best suppliers, enforcing policy, and managing supplier risk.

Company Details

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Awards & Recognition

Oracle Fusion Cloud Procurement won the following awards in the Contract Lifecycle Management category

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0 Top Rated Capabilities

2 Top Rated Features

Latest Award, 2024

0 Top Rated Capabilities

1 Top Rated Features

2023

1 Top Rated Capabilities

3 Top Rated Features

2022

Oracle Fusion Cloud Procurement Ratings

Real user data aggregated to summarize the product performance and customer experience.
Download the entire Product Scorecard to access more information on Oracle Fusion Cloud Procurement.

Product scores listed below represent current data. This may be different from data contained in reports and awards, which express data as of their publication date.

81 Likeliness to Recommend

96 Plan to Renew

75 Satisfaction of Cost Relative to Value

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Emotional Footprint Overview

Product scores listed below represent current data. This may be different from data contained in reports and awards, which express data as of their publication date.

+76 Net Emotional Footprint

The emotional sentiment held by end users of the software based on their experience with the vendor. Responses are captured on an eight-point scale.

How much do users love Oracle Fusion Cloud Procurement?

6% Negative

16% Neutral

78% Positive

Pros

Trustworthy
Reliable
Saves Time
Respectful

Feature Ratings

Average 79

Contract Approval

E-Signature

Obligation Management

Reporting Analytics

Contract Authoring

Searchable Repository

Workflow

OCR Support

Integration

Clause Management

Redlining

Vendor Capability Ratings

Average 77

Quality of Features

Availability and Quality of Training

Breadth of Features

Ease of Implementation

Usability and Intuitiveness

Vendor Support

Ease of Customization

Ease of IT Administration

Product Strategy and Rate of Improvement

Business Value Created

Ease of Data Integration

Oracle Fusion Cloud Procurement Reviews

Role: Information Technology
Industry: Education
Involvement: End User of Application

Validated Review

Anonymous Reviewer

Submitted Apr 2020

Intuitive, secure product

Likeliness to Recommend

8 /10

Pros

Helps Innovate
Continually Improving Product
Reliable
Performance Enhancing

Oracle Fusion Cloud Procurement

What is Oracle Fusion Cloud Procurement?

Company Details

Need Assistance?

Awards & Recognition

Oracle Fusion Cloud Procurement Ratings

81 Likeliness to Recommend

96 Plan to Renew

75 Satisfaction of Cost Relative to Value

Emotional Footprint Overview

+76 Net Emotional Footprint

How much do users love Oracle Fusion Cloud Procurement?

Pros

Feature Ratings Average rating of all product features, some of which may not be shown below

Contract Approval Automated and hierarchical approval process from one or many approvers of a contract(s) within the CLM system.

E-Signature Native e-signature capabilities and/or integrations to 3rd party e-signature solutions.

Obligation Management Obligations, deliveries, SLA status, key event tracking of contract events through the CLM system

Reporting Analytics Perform analysis of contract portfolio and provide insights into the contract portfolio.

Contract Authoring Creation of the contract with legal controls such as contract structure, required information, drafting parameters. Integration with MSFT Word is high value.

Searchable Repository Storage and indexing of contracts by various criteria, including meta-tagging capabilities. Online access to all personnel that need access to them

Workflow Solution allows business to automate approval and action routines for easy fast processing through the lifecycle.

OCR Support Automated import of 3rd party and legacy agreements

Integration Linkage from CLM to transactional systems such as order management systems, accounts payable systems, CRM, P2P/S2S, Legal Matter solutions, and risk management

Clause Management Presence of a clause library, ability to build clause libraries, AI overlay for review and analysis of contract clauses via Machine Learning

Redlining Ability to redline agreements, with version control, and across various document formats.

Vendor Capability Ratings Average rating of all vendor capabilities, some of which may not be shown below

Quality of Features Feature quality is just as important as quantity. Use this data to determine if this product will do what you're purchasing it to do, easily, intuitively, reliably, and effectively.

Availability and Quality of Training Effective and readily available training enables users to get the most out of the software you've chosen. Use this section to make sure your vendor's training programs and materials measure up.

Breadth of Features Users prefer feature rich software that enables them to perform diverse series of tasks. This data expresses user satisfaction with the product's breadth of features.

Ease of Implementation Successfully implementing new software is necessary to realize its full value and promote end user adoption. This data indicates whether or not the product is easy to implement.

Usability and Intuitiveness End user learning curves cost the organization money. Pay attention to your end users' technical ability to determine how important UX is in your purchase.

Vendor Support The importance of vendor support will vary for each organization depending on internal capabilities, but there will always be issues that only the vendor can resolve.

Ease of Customization Don't get bogged down in a difficult customization; use this data to make sure you can easily achieve the functionality you need for your particular situation.

Ease of IT Administration This data indicates whether IT personnel will be able to resolve issues and perform configurations efficiently and effectively.

Product Strategy and Rate of Improvement Vendors who don't stay on top of emerging needs and trends won't enable you to meet your business goals. Use this data to separate innovators from imposters.

Business Value Created Software needs to create value for employees, customers, partners, and, ultimately, shareholders. This data expresses user satisfaction - or lack thereof - with the product's business value.

Ease of Data Integration Use this data to determine whether the product will cause headaches or make data integration easy.

Oracle Fusion Cloud Procurement Reviews

Intuitive, secure product

Likeliness to Recommend

Pros

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Feature Ratings

Contract Approval

E-Signature

Obligation Management

Reporting Analytics

Contract Authoring

Searchable Repository

Workflow

OCR Support

Integration

Clause Management

Redlining

Vendor Capability Ratings

Quality of Features

Availability and Quality of Training

Breadth of Features

Ease of Implementation

Usability and Intuitiveness

Vendor Support

Ease of Customization

Ease of IT Administration

Product Strategy and Rate of Improvement

Business Value Created

Ease of Data Integration