Oracle Procurement Cloud: Vendor Analysis (Part 3) — Competitive Analysis & Recommendations

With planned release enhancements in the coming year, Oracle Procurement Cloud could become the 80% headache (today it is the 70%) for procurement suite providers and even more specialized competitors. Already, Oracle Procurement Cloud not only provides newcomers to spend management an opportunity to build a strong procurement foundation, but for companies that have swung and missed (for whatever reason) in their attempts to establish such a baseline, Oracle brings a lot to the table and will likely surprise those that had previously looked at earlier releases or other Oracle procurement applications.

This third and final installment of our Spend Matters Vendor Snapshot provides a SWOT analysis of Oracle Procurement Cloud, as well as a segmentation and comparison of competitors. It also includes a recommended shortlist of candidates that could serve as alternative vendors to Oracle for source-to-pay (S2P) suites, procure-to-pay (P2P) suites and e-sourcing. Finally, we conclude with a summary analysis and recommendations for organizations considering Oracle Procurement Cloud.