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Oracle Procurement Cloud Review

Oracle Procurement Cloud
Our score: 9.0 User satisfaction: 100%

What is Oracle Procurement Cloud?

Oracle Procurement Cloud is a comprehensive source to settle solution for businesses that combines automation and social collaboration to speed up your source-to-pay process. The software does all these while ensuring that your costs are controlled and that you achieve higher margins. It basically simplifies all your procurement processes and, at the same time, modernizes your procurement infrastructure.

Oracle Procurement Cloud comes with a plethora of features and capabilities, including watchlist management, notifications and approval, procurement catalog management, supplier information management, requisitions, purchase orders, and negotiations among others. Users can create and search procurement contracts, edit terms in contracts, and manage contract fulfillment.

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Overview of Oracle Procurement Cloud Benefits

Oracle Procurement Cloud delivers modern solutions to procurement businesses, providing users with the technology and innovations that modernize their infrastructure and simplify their processes. Thus resulting in more streamlined procurement operations and significantly reduced spending in the cloud.

With Oracle Procurement Cloud, users are able to determine and assess potential suppliers, filtering them out effectively thus leaving you with those that provide the best value and are agreeable to negotiation agreements that are in line with your company’s pricing terms. The software automates the procure to pay process, effectively reducing the number of time-intensive administrative tasks and allowing procurement experts to do what they do best.

Oracle Procurement Cloud provides users with insight that helps them come to better business decisions. Insight is delivered via graphical award analysis and the information is optimized for mobile platforms, allowing decision makers to make sound judgment and smart business calls anytime and anywhere.

Social collaboration is one of the major highlights of Oracle Procurement Cloud. Via a conversational stream integrated in the transaction screens, teams can communication and share information effortlessly. This functionality gives them the avenue they need to partner with other professionals from other departments, easily convey messages, ideas, and suggestions regarding contracts, requirements, and more without having to exit the system.

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Overview of Oracle Procurement Cloud Features

  • Supplier Qualification Management
  • Sourcing
  • Procurement Contracts
  • Purchasing
  • Self Service Procurement
  • Supplier Portal

Oracle Procurement Cloud Position In Our Categories

Because companies have distinct business-related wants, it is only rational they avoid getting a one-size-fits-all, ”best” business application. Be that as it may, it is hard to try to come across such application even among branded software products. The practicable step to do would be to note down the several critical aspects that merit analysis such as major features, price plans, skill aptitude of staff members, organizational size, etc. Thereafter, you should do the product research through and through. Read some of these Oracle Procurement Cloud analyses and check out each of the software programs in your shortlist more closely. Such comprehensive product research guarantees you avoid poorly fit apps and choose the one which offers all the benefits your business requires to be successful.

Position of Oracle Procurement Cloud in our main categories:

TOP 10

Oracle Procurement Cloud is one of the top 10 Procurement Software products

It is essential to realize that virtually no service in the Procurement Software category is going to be a perfect solution that can match all the needs of various company types, sizes and industries. It may be a good idea to read a few Oracle Procurement Cloud Procurement Software reviews first as specific software may perform well exclusively in a very narrow group of applications or be prepared with a really specific type of industry in mind. Others can work with a goal of being simple and intuitive and as a result lack complicated elements needed by more experienced users. You can also come across apps that focus on a wide group of users and give you a powerful feature toolbox, however this frequently comes at a higher price of such a service. Be certain that you're aware of your needs so that you pick a solution that provides exactly the elements you look for.

How Much Does Oracle Procurement Cloud Cost?

Oracle Procurement Cloud Pricing Plans:

Free Trial

Sourcing

$650/user/month

Procurement Contracts

$400/user/month

Supplier Qualification Management

$575/user/month

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What are Oracle Procurement Cloud pricing details?

Oracle Procurement Cloud Pricing Plans:

Free Trial

Sourcing

$650/user/month

Procurement Contracts

$400/user/month

Supplier Qualification Management

$575/user/month

Oracle Procurement Cloud is available in three options. Users may also try it for free first for 30 days with $300 free credits.

Sourcing – $650/user/month

  • Sourcing
  • Supplier Management
  • Transactional Business Intelligence for Procurement

Procurement Contracts – $400/user/month

  • Procurement Contracts
  • Supplier Management
  • Transactional Business Intelligence for Procurement

Supplier Qualification Management – $575/user/month

  • Supplier Qualification Management
  • Supplier Management
  • Transactional Business Intelligence for Procurement

User Satisfaction

Positive Social Media Mentions 88
Negative Social Media Mentions 0

We realize that when you decide to get a Procurement Software it’s important not only to find out how professionals evaluate it in their reviews, but also to check whether the actual clients and enterprises that bought it are indeed satisfied with the service. That’s why we’ve devised our behavior-based Customer Satisfaction Algorithm™ that aggregates customer reviews, comments and Oracle Procurement Cloud reviews across a vast range of social media sites. The information is then presented in a simple to understand format indicating how many clients had positive and negative experience with Oracle Procurement Cloud. With that information available you should be prepared to make an informed buying decision that you won’t regret.

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Technical details

Devices Supported

  • Windows
  • Mac
  • Web-based

Deployment

  • Cloud Hosted

Language Support

  • English

Pricing Model

  • Monthly payment

Customer Types

  • Small Business
  • Large Enterprises
  • Medium Business

What Support Does This Vendor Offer?

  • email
  • phone
  • live support
  • training
  • tickets

What integrations are available for Oracle Procurement Cloud?

No information available.

Oracle Procurement Cloud User Reviews

Oracle Procurement Cloud average rating:

Average score
4.2/5 (14 user reviews)
4/5

Overall impression

5/5

Customer Support

4/5

Value for Money

4/5

Ease of Use

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The most favorable review

Kamille

PROS: Every transaction is very accurate, so there's no possibility of loss. I can also create successful procurements which are very satisfying and useful for the company.

CONS: Everything is running smoothly. I can't really complain about anything because what has been offered is actually there in the program.

Reviewed 5 years ago

Read full review >

The least favorable review

Daphne

PROS: It is very user friendly and easy to navigate. Its interface is also great.

CONS: Loading chart data can take some time.

Reviewed 4 years ago

Read full review >

More reviews from 14 actual users:

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  • Latest
  • Most useful
  • Most positive
  • Most negative

An amazing software, providing an amazing experience

Read full review >
Daphne
4/5

Overall impression

3/5

Customer Support

4/5

Value for Money

4/5

Ease of Use

Published on: 01.10.2021 Company Size: More than 100 Employees Industry: N/A

PROS: It is very user friendly and easy to navigate. Its interface is also great.

CONS: Loading chart data can take some time.

What do you think about this review?

Great Poor

Oracle Procurement Cloud is an excellent program

Read full review >
Henry
5/5

Overall impression

4/5

Customer Support

5/5

Value for Money

4/5

Ease of Use

Published on: 12.09.2021 Company Size: Industry: N/A

PROS: Because of its interconnected navigation and intuitive UI, accomplishing tasks became much faster.

CONS: Accounting entries in the sub-ledger should be improved and be more analytic oriented.

What do you think about this review?

Great Poor
Show More User Reviews (14)

Best at handling contracts

Read full review >
Quinn
4/5

Overall impression

4/5

Customer Support

3/5

Value for Money

3/5

Ease of Use

Published on: 09.08.2021 Company Size: Industry: N/A

PROS: I can manage contractors easily and rank them according to their skills and price range.

CONS: I have nothing to complain about.

What do you think about this review?

Great Poor

Organizing your data just became easier

Read full review >
Etha
4/5

Overall impression

3/5

Customer Support

3/5

Value for Money

3/5

Ease of Use

Published on: 06.08.2021 Company Size: More than 100 Employees Industry: N/A

PROS: It has great compatibility with our system, so organizing data, tasks, and work processes became faster and easier for us. Its service is also great, helping us save a lot of time to focus on other aspects of the business.

CONS: They can improve their search engine and some screens as it is not visually appealing.

What do you think about this review?

Great Poor

Love this platform

Read full review >
Clint
4/5

Overall impression

3/5

Customer Support

3/5

Value for Money

3/5

Ease of Use

Published on: 13.07.2021 Company Size: More than 100 Employees Industry: N/A

PROS: The UI is simple and easy to navigate. It is also very easy to demonstrate to clients the functions of Procurement.

CONS: I think they have to widen their integration capabilities as some clients see that Oracle doesn't have the functionality they need. But for me, this platform is great and I have no complaints.

What do you think about this review?

Great Poor

It is truly an amazing product

Read full review >
Danielle
5/5

Overall impression

5/5

Customer Support

4/5

Value for Money

4/5

Ease of Use

Published on: 30.04.2021 Company Size: More than 100 Employees Industry: N/A

PROS: It has a lot of easy to use features that are customizable. I love everything about Oracle Procurement Cloud.

CONS: I have nothing to dislike.

What do you think about this review?

Great Poor

The best of the best in the market

Read full review >
Will
4/5

Overall impression

4/5

Customer Support

3/5

Value for Money

3/5

Ease of Use

Published on: 29.03.2021 Company Size: More than 100 Employees Industry: N/A

PROS: The process is seamless and it uses the best industry practices. The UI, reports, and inquiries are also very functional and useful. OTBI is also very useful in real-time activities. Approvals are also very simple and supplier organization is very beneficial to our business.

CONS: As Oracle is still in its improvement stage, there are still many updates being made. So far, Oracle is keeping up with the updates users want. I think this is a great move from them. They just need to continue improving so that users can continue to be satisfied.

What do you think about this review?

Great Poor

Our Purchasing system improved greatly

Read full review >
Tom
4/5

Overall impression

3/5

Customer Support

3/5

Value for Money

4/5

Ease of Use

Published on: 10.02.2021 Company Size: More than 100 Employees Industry: Oil & Energy

PROS: It allowed us to improve our system of purchases and invoicing, making our processes a whole lot faster and easier. Training our staff to use it also didn't cause any problem as it was very easy to use. Their customer service is also very accomodating.

CONS: The price of Oracle can be quite high for small companies.

What do you think about this review?

Great Poor

I can successfully make procurements using this platform

Read full review >
Kamille
5/5

Overall impression

5/5

Customer Support

4/5

Value for Money

4/5

Ease of Use

Published on: 05.02.2021 Company Size: More than 100 Employees Industry: N/A

PROS: Every transaction is very accurate, so there's no possibility of loss. I can also create successful procurements which are very satisfying and useful for the company.

CONS: Everything is running smoothly. I can't really complain about anything because what has been offered is actually there in the program.

What do you think about this review?

Great Poor

This is a good tool for procurement

Read full review >
Ian
5/5

Overall impression

4/5

Customer Support

5/5

Value for Money

5/5

Ease of Use

Published on: 01.02.2021 Company Size: More than 100 Employees Industry: N/A

PROS: It is affordable, easy to set-up, and easy to use. It also has amazing features that help every procurement process.

CONS: I haven't encountered any issues while using this platform.

What do you think about this review?

Great Poor

Excellent ERP implementation

Read full review >
Danial
4/5

Overall impression

3/5

Customer Support

3/5

Value for Money

4/5

Ease of Use

Published on: 01.04.2020 Company Size: More than 100 Employees Industry: N/A

PROS: I can secure external resources without any problem.

CONS: I don't have any complaints related to the platform. It has more to do with our project management rather than the platform itself.

What do you think about this review?

Great Poor

It is an excellent platform

Read full review >
Hanna
5/5

Overall impression

4/5

Customer Support

4/5

Value for Money

4/5

Ease of Use

Published on: 30.03.2020 Company Size: More than 100 Employees Industry: N/A

PROS: Handling budgeting using Oracle Procurement Cloud is very easy. It is also affordable and integrates well with other Oracle products. Plus it is very easy to use so you won't have a problem learning how to use it.

CONS: It is very useful software. I have nothing bad to say about it.

What do you think about this review?

Great Poor

Our procurement processes became more organized

Read full review >
Jayme
4/5

Overall impression

3/5

Customer Support

3/5

Value for Money

4/5

Ease of Use

Published on: 27.03.2020 Company Size: More than 100 Employees Industry: Oil & Energy

PROS: It is a great software to streamline, automate, and design procurement processes, It also allows us to create a process that is fast and effective, which our clients will truly appreciate.

CONS: It is quite pricey for small companies.

What do you think about this review?

Great Poor

It is a great platform

Read full review >
Morton
4/5

Overall impression

3/5

Customer Support

4/5

Value for Money

3/5

Ease of Use

Published on: 23.03.2020 Company Size: Industry: N/A

PROS: I am pleased that the product flow is only within one HUB.

CONS: Since I'm just a new user, I haven't really explored all the functions of Oracle yet.

What do you think about this review?

Great Poor
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Oracle Procurement Cloud user reviews

An amazing software, providing an amazing experience

Read full review >
Daphne
4/5

Overall impression

3/5

Customer Support

4/5

Value for Money

4/5

Ease of Use

Published on: 01.10.2021 Company Size: More than 100 Employees Industry: N/A

Oracle Procurement Cloud is an excellent program

Read full review >
Henry
5/5

Overall impression

4/5

Customer Support

5/5

Value for Money

4/5

Ease of Use

Published on: 12.09.2021 Company Size: Industry: N/A

Best at handling contracts

Read full review >
Quinn
4/5

Overall impression

4/5

Customer Support

3/5

Value for Money

3/5

Ease of Use

Published on: 09.08.2021 Company Size: Industry: N/A

Organizing your data just became easier

Read full review >
Etha
4/5

Overall impression

3/5

Customer Support

3/5

Value for Money

3/5

Ease of Use

Published on: 06.08.2021 Company Size: More than 100 Employees Industry: N/A

Love this platform

Read full review >
Clint
4/5

Overall impression

3/5

Customer Support

3/5

Value for Money

3/5

Ease of Use

Published on: 13.07.2021 Company Size: More than 100 Employees Industry: N/A
Nestor Gilbert

By Nestor Gilbert

Nestor Gilbert is a senior B2B and SaaS analyst and a core contributor at FinancesOnline for over 5 years. With his experience in software development and extensive knowledge of SaaS management, he writes mostly about emerging B2B technologies and their impact on the current business landscape. However, he also provides in-depth reviews on a wide range of software solutions to help businesses find suitable options for them. Through his work, he aims to help companies develop a more tech-forward approach to their operations and overcome their SaaS-related challenges.

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