Oracle

Oracle Fusion Cloud Procurement

Composite Score

7.0 /10

CX Score

7.0 /10

49 Reviews Write a Review

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What is Oracle Fusion Cloud Procurement?

Modern procurement starts with standardizing, streamlining, and automating the source-to-pay process. With Oracle Procurement Cloud, you'll gain a more efficient, effective, and influential procurement organization that helps keep costs under control by selecting the best suppliers, enforcing policy, and managing supplier risk.

Company Details

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Awards & Recognition

Oracle Fusion Cloud Procurement won the following awards in the Contract Lifecycle Management category

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0 Top Rated Capabilities

2 Top Rated Features

Latest Award, 2024

0 Top Rated Capabilities

1 Top Rated Features

2023

1 Top Rated Capabilities

3 Top Rated Features

2022

Oracle Fusion Cloud Procurement Ratings

Real user data aggregated to summarize the product performance and customer experience.
Download the entire Product Scorecard to access more information on Oracle Fusion Cloud Procurement.

Product scores listed below represent current data. This may be different from data contained in reports and awards, which express data as of their publication date.

81 Likeliness to Recommend

96 Plan to Renew

77 Satisfaction of Cost Relative to Value

2
Since last award

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Emotional Footprint Overview

Product scores listed below represent current data. This may be different from data contained in reports and awards, which express data as of their publication date.

+78 Net Emotional Footprint

The emotional sentiment held by end users of the software based on their experience with the vendor. Responses are captured on an eight-point scale.

How much do users love Oracle Fusion Cloud Procurement?

6% Negative

14% Neutral

80% Positive

Pros

Trustworthy
Reliable
Saves Time
Respectful

Feature Ratings

Average 80

E-Signature

Contract Approval

Reporting Analytics

Contract Authoring

Searchable Repository

Obligation Management

Workflow

OCR Support

Integration

Redlining

Clause Management

Vendor Capability Ratings

Average 78

Quality of Features

Availability and Quality of Training

Ease of Implementation

Vendor Support

Usability and Intuitiveness

Ease of Customization

Business Value Created

Breadth of Features

Ease of Data Integration

Ease of IT Administration

Product Strategy and Rate of Improvement

Oracle Fusion Cloud Procurement Reviews

Silvia K.

Role: Industry Specific Role
Industry: Education
Involvement: End User of Application

Validated Review

Verified Reviewer

Submitted Dec 2024

A Tailored Solution for Complex Sourcing Needs

Likeliness to Recommend

9 /10

What differentiates Oracle Fusion Cloud Procurement from other similar products?

The platform is unique because it connects smoothly with Oracle’s ERP tools, uses AI to make better sourcing choices, and has strong features for handling supplier relationships.

What is your favorite aspect of this product?

I really like how the platform makes it easier to manage vendor contracts and purchasing, which helps with the different needs of departments.

What do you dislike most about this product?

So far from my experience, there is nothing to dislike about the platform.

What recommendations would you give to someone considering this product?

I would suggest organizations to align their requirement with Oracle Fusion Cloud Procurement first, and then implement it.

Pros

Helps Innovate
Continually Improving Product
Reliable
Performance Enhancing

Ciara D.

Role: Information Technology
Industry: Technology
Involvement: End User of Application

Validated Review

Verified Reviewer

Submitted May 2022

Simple to use and dynamic

Likeliness to Recommend

9 /10

What differentiates Oracle Fusion Cloud Procurement from other similar products?

Oracle Fusion Cloud Procurement is extremely user-friendly and versatile. Oracle Fusion Cloud Procurement system helps us optimize supply chain reliability and implementation through a consistent and reliable flow of assets and supplies, allowing us to keep risks away from our core business activities, optimize uptime, and meet output and profit targets.

What is your favorite aspect of this product?

To be honest, I enjoyed what I saw in this system its functionality, deep and powerful analytics, simplicity, and reliability mean everything is stunning. With a consumer-like, guided experience this awesome solution fully simplified staff shopping and increased user acceptance. Smart search enables us to identify the items and services we require quickly and at negotiated costs, ensuring compliance with purchasing.

What do you dislike most about this product?

Although the software is hilarious it also has some weaknesses like many fields are not interlinked, requiring us to input the same information, again and again, increasing the risk of human mistakes. Latency issues and page refreshes might be aggravating at times.

What recommendations would you give to someone considering this product?

You've chosen the appropriate tool! Oracle Fusion Cloud Procurement is a comprehensive source-to-pay suite that automates business operations, facilitates supply chain, enhances supplier relationship management, and streamlines purchasing, resulting in reduced risk, increased savings, and increased profitability.

Pros

Helps Innovate
Performance Enhancing
Enables Productivity
Trustworthy

Govil K.

Role: Finance
Industry: Engineering
Involvement: End User of Application

Validated Review

Verified Reviewer

Submitted Apr 2022

Features disappoint

Likeliness to Recommend

6 /10

What differentiates Oracle Fusion Cloud Procurement from other similar products?

It is slightly inferior to other products

What is your favorite aspect of this product?

Part of the Oracle suite

What do you dislike most about this product?

Not a good fit for the EPCI industry

What recommendations would you give to someone considering this product?

The product needs to mature to be able to be used by EPCI industry

Pros

Trustworthy
Client Friendly Policies
Acts with Integrity
Helps Innovate

Cons

Less Friendly Negotiation
Wastes Time
Vendor's Interest First

Oracle Fusion Cloud Procurement

What is Oracle Fusion Cloud Procurement?

Company Details

Need Assistance?

Awards & Recognition

Oracle Fusion Cloud Procurement Ratings

81 Likeliness to Recommend

96 Plan to Renew

77 Satisfaction of Cost Relative to Value

2 Since last award

Emotional Footprint Overview

+78 Net Emotional Footprint

How much do users love Oracle Fusion Cloud Procurement?

Pros

Feature Ratings Average rating of all product features, some of which may not be shown below

E-Signature Native e-signature capabilities and/or integrations to 3rd party e-signature solutions.

Contract Approval Automated and hierarchical approval process from one or many approvers of a contract(s) within the CLM system.

Reporting Analytics Perform analysis of contract portfolio and provide insights into the contract portfolio.

Contract Authoring Creation of the contract with legal controls such as contract structure, required information, drafting parameters. Integration with MSFT Word is high value.

Searchable Repository Storage and indexing of contracts by various criteria, including meta-tagging capabilities. Online access to all personnel that need access to them

Obligation Management Obligations, deliveries, SLA status, key event tracking of contract events through the CLM system

Workflow Solution allows business to automate approval and action routines for easy fast processing through the lifecycle.

OCR Support Automated import of 3rd party and legacy agreements

Integration Linkage from CLM to transactional systems such as order management systems, accounts payable systems, CRM, P2P/S2S, Legal Matter solutions, and risk management

Redlining Ability to redline agreements, with version control, and across various document formats.

Clause Management Presence of a clause library, ability to build clause libraries, AI overlay for review and analysis of contract clauses via Machine Learning

Vendor Capability Ratings Average rating of all vendor capabilities, some of which may not be shown below

Quality of Features Feature quality is just as important as quantity. Use this data to determine if this product will do what you're purchasing it to do, easily, intuitively, reliably, and effectively.

Availability and Quality of Training Effective and readily available training enables users to get the most out of the software you've chosen. Use this section to make sure your vendor's training programs and materials measure up.

Ease of Implementation Successfully implementing new software is necessary to realize its full value and promote end user adoption. This data indicates whether or not the product is easy to implement.

Vendor Support The importance of vendor support will vary for each organization depending on internal capabilities, but there will always be issues that only the vendor can resolve.

Usability and Intuitiveness End user learning curves cost the organization money. Pay attention to your end users' technical ability to determine how important UX is in your purchase.

Ease of Customization Don't get bogged down in a difficult customization; use this data to make sure you can easily achieve the functionality you need for your particular situation.

Business Value Created Software needs to create value for employees, customers, partners, and, ultimately, shareholders. This data expresses user satisfaction - or lack thereof - with the product's business value.

Breadth of Features Users prefer feature rich software that enables them to perform diverse series of tasks. This data expresses user satisfaction with the product's breadth of features.

Ease of Data Integration Use this data to determine whether the product will cause headaches or make data integration easy.

Ease of IT Administration This data indicates whether IT personnel will be able to resolve issues and perform configurations efficiently and effectively.

Product Strategy and Rate of Improvement Vendors who don't stay on top of emerging needs and trends won't enable you to meet your business goals. Use this data to separate innovators from imposters.

Oracle Fusion Cloud Procurement Reviews

Silvia K.

A Tailored Solution for Complex Sourcing Needs

Likeliness to Recommend

Pros

Ciara D.

Simple to use and dynamic

Likeliness to Recommend

Pros

Govil K.

Features disappoint

Likeliness to Recommend

Pros

Cons

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2
Since last award

Feature Ratings

E-Signature

Contract Approval

Reporting Analytics

Contract Authoring

Searchable Repository

Obligation Management

Workflow

OCR Support

Integration

Redlining

Clause Management

Vendor Capability Ratings

Quality of Features

Availability and Quality of Training

Ease of Implementation

Vendor Support

Usability and Intuitiveness

Ease of Customization

Business Value Created

Breadth of Features

Ease of Data Integration

Ease of IT Administration

Product Strategy and Rate of Improvement