Oracle Procurement Cloud: Vendor Snapshot (Part 2) — Product Strengths & Weaknesses [PRO]

Oracle Procurement Cloud is a procurement technology suite that is targeted primarily at three key market segments. First, net new Oracle ERP Cloud customers who are looking to add procurement suite functionality. Second are those organizations that are current Oracle eBusiness Suite, PeopleSoft or JD Edwards ERP customers that may migrate to the cloud for their core financial system. And third are those customers with “installed” Oracle solutions for procurement (Oracle eBusiness Suite Procurement, PeopleSoft SRM, etc.), although these organizations may or may not (yet) be a fit for Oracle Procurement Cloud based on organizational requirements, including the degree of customization done to previous solutions.

Regardless, in many cases, Oracle customers considering Procurement Could will not have purchased a full source-to-pay (S2P) or procure-to-pay (P2P) suite from third-party vendors in the past, although they may have had experience with individual modules and solutions from Oracle procurement competitors. But in certain cases, Oracle customers have replaced suite capability from providers such as SAP Ariba and Coupa.

This Spend Matters PRO Vendor Snapshot explores Oracle Procurement Cloud’s strengths and weaknesses, providing facts and expert analysis to help procurement organizations decide whether they should consider the solution. Part 1 of our analysis provided a company and detailed solution overview and a recommend fit list of criteria for firms considering Oracle. The third part of this series will offer a SWOT analysis, user selection guide, competitive alternatives, and additional evaluation and selection considerations.

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