Professional Documents
Culture Documents
Sourcing
Sourcing
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Safe Harbor Statement
The following is intended to outline our general product direction. It is intended for
information purposes only, and may not be incorporated into any contract. It is not a
commitment to deliver any material, code, or functionality, and should not be relied upon
in making purchasing decisions. The development, release, timing, and pricing of any
features or functionality described for Oracle’s products may change and remains at the
sole discretion of Oracle Corporation.
Copyright © 2018, Oracle and/or its affiliates. All rights reserved. | Confidential – Oracle Internal/Restricted/Highly Restricted
Agenda
1 Introduction
2 Supplier Qualification Management Cloud
3 Procurement Contracts Cloud
4 Sourcing Cloud
5 Release 13 Demo: Sourcing
6 Q&A
Manage
Source Contract Purchase Settle
Suppliers Suppliers Invoices and
Payments
Maintain accurate supplier Collaborate and negotiate with Enforce contracting standards and
information and qualifications your suppliers controls
Improve supplier relationships Maximize negotiated savings Improve contract compliance and
and accountability minimize risks
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Supplier Qualification Management
Comprehensive and continuous qualification process
Define
Requirements
Evaluate Responses
VP of Procurement/ CPO:
“We need to monitor our top tier suppliers more closely. Not only do we
need to ensure full compliance with policies, but we need to track
sustainability data to support our green initiative. Let’s create a preferred
supplier program that our Category Managers can leverage during
Sourcing.”
– Create overall rating of suppliers 1 to 5 stars based on important areas
– Look at compliance, financial viability, sustainability, general capabilities, and
performance
– Make this available to Category Managers for Sourcing
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Supplier Qualification Management Cloud
Reduce risks and make better supplier selections
Business Benefits
Source more competitively: Invite only qualified
suppliers, give preference to preferred suppliers
Reduce risk: Make sure your suppliers are viable
and comply with your code of conduct
Compliance Reporting: Ability to demonstrate your
qualification efforts and put them into practice
Corporate Brand: Burnish brand image though
evidence of prudent business practices
Contractual Commitments: Demonstrate your
compliance with customer requirements
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Oracle Procurement Contracts Cloud
Enforceable Contracts
Author
• Built on Enterprise Contracts Cloud Contracts
Establish
Contract Expert Standards Electronic Signature
Fast-track complex contract creation using Send contracts for electronic signature with
template and clause selection rules. Enforce DocuSign. Seamlessly track the status of the
policy rules and highlight deviations. Monitor signature and acceptance process.
& Report
Terms Library Workload Management
Implement contract best practices with standard Renew & Facilitate optimal utilization of resources,
templates and clauses, and ensure enterprise Closeout resolve bottlenecks, and execute your
wide compliance. contracts faster.
Amend
Search & Reporting
Renewal Rules
Improve contract management and
Increase customer lifetime value by improving
compliance using advanced search, text search,
renewal rates and reducing revenue leakage.
and flexible reporting capabilities.
Copyright
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2018,Oracle
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and/orits
itsaffiliates.
affiliates.All
Allrights
rightsreserved.
reserved. || Confidential – Oracle Internal/Restricted/Highly Restricted 17
Recent Highlight – Release 18C, new Word add-in Capabilities
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Recent Highlight – Hierarchy View
The above is intended to outline our general product direction. It is intended for information purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any material, code, or functionality, and should
not be relied upon in making purchasing decisions. The development, release, and timing of any features or functionality described for Oracle’s products remains at the sole discretion of Oracle Corporation.
Copyright © 2018, Oracle and/or its affiliates. All rights reserved. |
Recent Highlight – Hierarchy View
The above is intended to outline our general product direction. It is intended for information purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any material, code, or functionality, and should
not be relied upon in making purchasing decisions. The development, release, and timing of any features or functionality described for Oracle’s products remains at the sole discretion of Oracle Corporation.
Copyright © 2018, Oracle and/or its affiliates. All rights reserved. |
Roadmap – Highlights
• Real-time document redlining with MS Team/Sharepoint
• Contract digitization, OCR and meta data extraction
• Contracts access via cloud Supplier portal
• Sourcing Award to Enterprise Contract
• Smart contracting with AI incorporated into key processes
– Improved Contract Expert Q&A guidance on identifying conflicts in business terms and clauses, and
clause suggestions based on deal parameters & prior contracts
– Analyzing and extracting hidden obligations, liabilities and risks in existing contracts, or during M&A
research
– Optimizing discovery of the most relevant documents and conversations during litigation eDiscovery
Identify
Opportunities
Identify Suppliers,
Define Strategy
Approve
and Issue Conduct
Negotiation
Analyze
and Award
Business Benefits
Business Benefits
The above is intended to outline our general product direction. It is intended for information purposes only, and may not be
incorporated into any contract. It is not a commitment to deliver any material, code, or functionality, and should not be relied upon in
making purchasing decisions. The development, release, and timing of any features or functionality described for Oracle’s products
remains at the sole discretion of Oracle Corporation.
Supplier Qualification
Management • Oracle Supplier Qualification • Monitor and qualify suppliers • Gain visibility into supplier
Management, Sourcing, and according to business needs capabilities
Sourcing Procurement Contracts Cloud • Online negotiation and • Promote collaboration, create
combined with on-premise collaboration, RFX, reverse long term savings, and make
Procurement Contracts procure-to-pay auctions sourcing easier for everyone
• Contract authoring, universal • Gain visibility to agreements,
repository, contract export, shorten cycle times and
and compliance management automate compliance
LEGACY
ORACLE Cloud PROCUREMENT
Using cloud solutions for procurement activities is nothing new, but strategic
procurement solutions have evolved into collaborative platforms that deliver
exponential benefits and manage risk. This case study session explores TCF
Bank’s implementation of sourcing, contracts, and supplier qualification
management cloud solutions, including the approach, lessons learned, and
benefits achieved.
Copyright © 2018, Oracle and/or its affiliates. All rights reserved. | Confidential – Oracle Internal/Restricted/Highly Restricted
Safe Harbor Statement
The preceding is intended to outline our general product direction. It is intended for
information purposes only, and may not be incorporated into any contract. It is not a
commitment to deliver any material, code, or functionality, and should not be relied upon
in making purchasing decisions. The development, release, and timing of any features or
functionality described for Oracle’s products remains at the sole discretion of Oracle.