An Oracle Solution Primer: E-Business Advanced Procurement in the Cloud Era [PRO]

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As noted in the Spend Matters Almanac, Oracle was one of the original pioneers in the e-procurement space, introducing its original iProcurement release, part of Electronic Business Suite (EBS) of integrated applications, well over a decade ago. Today, Oracle continues to offer iProcurement. But it also now delivers a cloud-based suite of applications known simply as Oracle Cloud (formerly “Fusion”). Oracle Procurement Cloud is a native SaaS suite that is designed to compete against specialized cloud providers. And last but not least, Oracle, in its long career of acquisitions, has also acquired other solution suites with their own procurement applications (on-premise and hosted), including PeopleSoft SRM. In this Spend Matters PRO series covering Oracle’s procurement solutions, we explore the range of Oracle procurement solutions across its different branded and functional product lines, including the overall “state” of Oracle in procurement today. We also analyze key modules, functional capabilities and features across different Oracle solution brand serving the procurement market. Finally, this series explores Oracle’s competitive advantages and challenges today and offers perspectives on how different trends are likely to influence Oracle customers to use (or not use) Oracle’s procurement solutions today and tomorrow by application line.

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