Overview of Oracle Purchasing

• Help purchasing professionals reduce administration costs.
• Process requisitions, purchase orders, requests for quotation, and receipts quickly and
• efficiently.

Enable you to focus on:

1.  Value Analysis
2.  Development of strategic supplier relationships
3.  Management of the procurement process

Oracle Purchasing satisfies the following business needs:

• Replaces paper processing with online requisition generation, purchase-order creation,
• and document approval.
• Regulates document access, controls modification activity and approval, and is based
• on organizational signature and security policies.
• Minimizes data entry time with item-saving templates.
• Controls purchasing activity and enables accurate, automatic pricing using approved
• suppliers and supplier lists.
• Consolidates purchase requirements from multiple warehouses, plants or locations.
• Enables negotiating from a position of strength based on easy access to purchase
• volume statistics and supplier performance reports.
• Facilitates communication between requesters, buyers, receiving staff, and accounts
• payable staff using online enquiries, attachments and notes.
• Provides related functions, such as marketing, finance, master scheduling, inventory
• management, production, cost accounting, and customer order entry with access to
• purchasing information.
• Manages historical purchasing data.

Benefits:

• Automate the Entire Procure-to-Pay Cycle: Define suppliers and agreements; then automate your entire purchasing cycle from purchase order to settlement.
• Improve Supply Base Management: Take central control of all supplier and itemmaster information with an application that tightly integrate suppliers into your organization by leveraging advanced supply management capabilities
• Adapt to Any Purchasing Practice: Adapt the application to your organization's
• purchasing practices with uniquely configurable policies and an open architecture thatintegrates legacy and supplier systems