SESSION ABSTRACT: In this case study you will learn how Oracle Cloud Procurement can be used to optimize and automate your source-to-settlement process. How Jade Global brought in their industry and Oracle Cloud expertise to implement best business practices offering process improvements and scalability along with cost savings for one of their customer. Oracle Cloud provides best in class procurement suite of applications for smarter sourcing, easily configurable rule based approvals and transaction account builder, end user self-service ordering and supply side integrations through Supplier Portal.
1. Session ID:
Prepared by:
Remember to complete your evaluation for this session within the app!
10015
Success Story: Oracle
Cloud Procurement
Implementation
23-April-2018
Sunny Todkari
Lead Specialist
Jade Global Inc
www.linkedin.com/in/sunny-todkari
5. About Speaker
• Oracle certified SME with 10+ years' experience
• Extensive experience in Oracle SCM and WMS modules
• End to End Implementations and Upgrades in Oracle Cloud and EBS R12
• Multiple Paper Presentations in Collaborate (Best of Collaborate 2017),
SROAUG, NWOUG Conferences
• LinkedIn: www.linkedin.com/in/sunny-todkari
9. Challenges Faced
• Use of different systems with different data structures to capture purchasing
data
• Inconsistency in supplier names and classifications
• Inconsistency in unit of measures and codes/syntaxes used
• Insufficient line level data in current transaction system
• Adoption to Cloud Procurement Processes
11. Why Oracle Cloud
• Rapid Implementation:
– Prepared List of Configuration Tasks
– Standard Reports for Configuration Validation
– Configuration Migration from One Instance to Another
• Accuracy:
– Less Chances of Errors (Configuration, Data Entry)
– Data Entry using FBDI
– Configuration Migration from One Instance to Another
• No Hardware or Software to Install
• Automatic Upgrades and Patching
13. Benefits of FBDI
• Business Users can Load Large Volume Data
• DB Access not needed during Go Live
• Error Report Generation
• Less / No Dependency on Technical Developers
• Templates are provided by Oracle
17. Procurement Transaction Account Rules
• Flexible mechanism to derive accounting
• Eliminates the needs of customizing account generator workflow
• Use of Mapping Sets and Account Rules
• Seeded accounting defaulting rules which can be over layered by customized
the rule
22. Oracle Self Service Procurement Cloud
• User Friendly Experience Similar to Consumer Websites
• Little / No Training
• Enhanced Search Capabilities
• Punchout Catalogs
• Shopping Lists / Catalogs
31. Benefits
• Streamlined Procure to Pay Process
• Visibility to Spend and Maximize Negotiated Purchases
• Web Shopping Experience
• Improved Supplier Collaboration
• Easily Configuration and Maintenance of Approval and Accounting Rules
32. Session ID:
Remember to complete your evaluation for this session within the app!
10015
sunny.todkari@jadeglobal.com
Editor's Notes
Here I will talk brief about my company.
Here I will talk brief about myself.
Automate Procure to Pay: Automate day to day transactions so that saved time can be used effectively by the procurement team for creating more saving opportunities and making business more successful.
Complex Approval Matrix: Combination of Parallel, Serial and Special Approvals for Purchasing Documents.
Effective Supplier Management: Onboarding and Maintaining Supplier Data, Supplier Qualification and Assessment.
Enforce Negotiated Pricing: Need to make sure that most of the purchases are linked to agreements and companies can use negotiated pricing effectively.
Reduce Workload and Labor Cost: Automate day to day transactions so that saved time can be used effectively by the procurement team.
Accounting based on Complex Business Rules: Accounting should happen on the basis of business rules.
Increase User Productivity: At the end result, system should help to increase the user productivity.
Increase User Productivity: Overall Goal
Use of different systems with different data structures to capture purchasing data
Inconsistency in supplier names and classifications
Inconsistency in unit of measures and codes/syntaxes used
Insufficient line level data in current transaction system
Adoption to Cloud Procurement Processes
Rapid Implementation:
Prepared List of Configuration Tasks
Standard Reports for Configuration Validation
Configuration Migration from One Instance to Another
Accuracy:
Less Chances of Errors (Configuration, Data Entry)
Data Entry using FBDI
Configuration Migration from One Instance to Another
Talk about FBDI process flow and how it helps to load the data in system with intervention of technical developers.
Business Users can Load Large Volume Data
DB Access not needed during Go Live
Error Report Generation
Less / No Dependency on Technical Developers
Templates are provided by Oracle
What different types of approval management options are available in cloud.
Explain in short.
Explain supplier registration and spend authorization in details as this is newly brought in cloud.
Explain how one can create the rule, add the conditions and actions to the rule.
Easy to create and maintain.
Business Users can Load Large Volume Data
DB Access not needed during Go Live
Error Report Generation
Less / No Dependency on Technical Developers
Templates are provided by Oracle
Explain how one can create the rule, add the conditions and actions to the rule.
Easy to create and maintain.
Day to day activities done by buyer
Manage Requisitions, Orders, Agreements and Suppliers
Explain what infolets are available and how they can be used effectively.
Little / No Training: User friendly. No or very little training is required. Employees can easily search , use shopping lists, browsing categories and create the requisitions.
Explain what infolets are available and how they can be used effectively.
Streamline the Contracts Creation and Amendment
Amendment Approvals and Tracking
Contract Templates and Terms Library
Create Orders/Agreements directly from Contract
Email Notifications
Manage Supplier Qualification Information
Send Online Questionnaire to Suppliers
Suppliers can reply using Supplier Portal
Take Accurate Sourcing Decisions on basis of Supplier Qualification
Understand Supplier Capabilities
Automatic Evaluation
Little / No Training: User friendly. No or very little training is required. Employees can easily search , use shopping lists, browsing categories and create the requisitions.
Improve Supplier Communication
Supplier Acknowledgment and Change Order management
Dashboard and Reporting
Supplier Negotiation and Qualification Responses
Explain what infolets are available and how they can be used effectively.
Streamlined Procure to Pay Process
Visibility to Spend and Maximize Negotiated Purchases
Web Shopping Experience
Improved Supplier Collaboration
Easily Configuration and Maintenance of Approval and Accounting Rules