Oracle Procurement Cloud: Vendor Analysis (Part 1) — Background & Solution Overview

You can almost set your watch on it. When ERP vendors decide to enter a particular solution market, impassioned arguments debating the tradeoffs of their approach versus the perceived benefits of those taken by specialized application vendors turn up the volume on a regular basis. “To ERP or not ERP,” that is the question. And while Oracle’s Procurement Cloud has not yet settled this debate, the offering will continue to draw the attention of many companies as well as Oracle’s installed base during their respective source-to-pay (S2P) technology evaluation processes, especially as Oracle’s solutions continue to improve and mature in the area and take their place as cloud-native solutions, turning entirely away from the ERP installed software legacy.

This Spend Matters PRO Vendor Snapshot provides facts and expert analysis to help procurement organizations make informed decisions about Oracle Procurement Cloud and whether its capabilities are a fit for their needs. Part 1 of our analysis provides a company background and a detailed solution overview, as well as a summary recommended fit suggestion for when organizations should consider Oracle Procurement Cloud. The remaining parts of this research brief will cover product strengths and weaknesses, competitor and SWOT analyses, and insider evaluation and selection considerations.