2009 Oracle Open World SIG Contracts Update

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2009 Oracle Open World SIG Contracts Update

  1. 1. <Insert Picture Here>E-Business Suite Contracts SIGOracle Development UpdateSusan Flierl Kim CarterProduct Strategy Director Product Management, Group Manager
  2. 2. The following is intended to outline our generalproduct direction. It is intended for informationpurposes only, and may not be incorporated into anycontract. It is not a commitment to deliver anymaterial, code, or functionality, and should not berelied upon in making purchasing decisions.The development, release, and timing of anyfeatures or functionality described for Oracle’sproducts remains at the sole discretion of Oracle.
  3. 3. Agenda• Oracle Contract Management <Insert Picture Here>• Oracle Federal Contract Lifecycle Management• Contracts Sessions at OOW• Question & Answer with Oracle Development
  4. 4. Oracle Contract Management
  5. 5. Contract Lifecycle Management VP Procurement General Council VP Sales Buying General Selling process Contracts process CFO CIO Contract Management GC* Based on a model developed by Andrew Bartels. Copyright 2008, Forrester Research. Used by permission.
  6. 6. Oracle Contract Lifecycle Management Native integration to business transaction flows Buying General Selling process Contracts process VP Procurement General Council VP Sales Oracle Oracle Sales Simple Procurement & Service contracts Contracts Contracts CFO CIO Oracle Contract Management GC Oracle Oracle Complex Project Project contracts Contracts Contracts Oracle Federal CLM** Based on a model developed by Andrew Bartels. Copyright 2008, Forrester Research. Used by permission.
  7. 7. Oracle Contract Management Standalone solution Buying General Selling process Contracts process VP Procurement General Council VP Sales Oracle Oracle Quoting Sourcing / / Order Purchasing Management CFO CIO Oracle Contract Management GC External External procurement ordering application application* Based on a model developed by Andrew Bartels. Copyright 2008, Forrester Research. Used by permission.
  8. 8. Oracle Contract Management Strengthens control of enterprise agreementsAccelerate contract authoring • Automate manual steps with an intuitive workbench • Complete drafts more quickly with pre-defined templates and authoring rules • Simplify approvals with configurable workflowsCentralize key contracting processes • Access all agreements quickly and easily with consolidated storage • Unify approval mechanisms for changes to organizational standards • Standardize administration with renewal trackingTrack risk and compliance • Understand exposure through deviation summaries • Generate a detailed record of every agreement with internal and external milestones • Identify risky contracts with powerful search across contract documents 8
  9. 9. Contract WorkbenchAutomate manual steps 9
  10. 10. Accelerate Contract Authoring 10
  11. 11. Pre-defined templates & authoring rulesAuthor contracts more quickly Contract Creation Edit & Approval Document Generation Policies Policies Policies • Automatic • Mandatory clause • Standard layout by application of all enforcement business unit and relevant clauses document type and deliverables • Role-based change control • Flexible approval • Access control by hierarchy business unit and • Pre-approved document type alternate clauses • Exceptions flagging for legal review • Standard section • Incompatible clauses use enforcement • Automated • Automatic contract numbering formats validation 11

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