Artificial Intelligence Meets Payables and Dynamic Discounting: Oracle Cloud Vendor Analysis Update (Part 2)

With its new Intelligent Payment Discounts solution, Oracle is bridging the worlds of procurement and finance together in a unique way that unifies procurement, accounts payable and core financials.

In Part 1 of this research brief, we offered a detailed overview of this new, AI-based solution, providing an introduction to its different components for organizations that might consider it.

In today’s installment, we will conclude our analysis, exploring Oracle Intelligent Payment Discounts’ strengths and weaknesses related to other early payment solutions, either as an extension of invoice-to-pay or on a standalone trade-financing basis — and provide a user requirements checklist to help companies prioritize if the solution is the right fit for them.

Our analysis includes a perspective on the advantage that Oracle has in selling this solution compared to other early payment and financing solutions (e.g., C2FO, Prime Revenue, Taulia, etc.) and procure-to-pay/invoice-to-pay (e.g., Basware, Coupa, Ivalua, SAP Ariba, etc.) outside of feature/function capability alone based on its unified architecture with Oracle Cloud Financials. That is, for companies migrating, upgrading or switching to Oracle Cloud — not those on legacy E-Business Suite, PeopleSoft or JD Edwards solutions.