The document discusses Oracle's modern procurement cloud solution. It highlights key procurement challenges around spend control, influence, and efficiency. It then outlines the characteristics and capabilities of Oracle's solution for automated procurement, supplier management, spend analysis, and more. The solution aims to standardize processes, increase adoption through mobility and analytics, and provide security across industries and countries.
Sourcing Is Now Resourcing: Providing More Savings Across the OrganizationSAP Ariba
As sourcing and procurement teams have led successful savings projects, companies are now leveraging them to help drive savings in areas beyond what they have done in the past. This session will provide insights into how procurement teams are transforming their business processes to drive sustainable savings.
What are the options for sellers and buyers collaborating on catalog content? Join a panel of leading sellers and buyers as they discuss their catalog strategies and preference for hosted CIF versus PunchOut catalogs. Learn how leading sellers use the Ariba Network to drive exposure of their product content to procurement organizations and individuals at their key accounts, while leading procurement organizations use online catalogs to drive up compliance to contract terms and to improve the user experience.
Unlock True Contract Management and Maximize Return on Investment | Ariba LIV...SAP Ariba
It really takes two to tango. Managing contracts was never meant to be within the four walls of your enterprise. Collaborative contract management today offers organizations opportunities to mitigate those countless risks that haunt supply chain operations. During this session, contract management professionals share their experiences with how working in tandem and on a real-time basis with their counterparts has helped them to identify and address compliance leakages, supply chain risks, and savings opportunities.
No PO-No Problem! Strategies for Ensuring Contract ComplianceSAP Ariba
Purchase order invoices offer a level of control that supports your compliance goals, but what about invoices that don’t have POs? Non-PO invoice management is arguably the most challenging task in accounts payable, and the source of many errors and exceptions that require extra effort to process. In this session, we’ll examine how customers are turning to contract invoicing to achieve the same level of control with non-PO invoices as PO invoicing.
Strategic Sourcing in the Digital EconomySAP Ariba
Gaining actual savings from the best-laid sourcing plans requires organizations to put in place a closed-loop strategy – one that addresses operational sourcing as well as the processes around it. An optimal plan would include cutting-edge analytics to drive better decisions, water-tight contract management to improve adherence, and disciplined supplier management to improve performance. Join this session to hear from the experts on how organizations can translate savings from paper to the bottom line through a tightly woven collaborative sourcing process.
Sourcing Is Now Resourcing: Providing More Savings Across the OrganizationSAP Ariba
As sourcing and procurement teams have led successful savings projects, companies are now leveraging them to help drive savings in areas beyond what they have done in the past. This session will provide insights into how procurement teams are transforming their business processes to drive sustainable savings.
What are the options for sellers and buyers collaborating on catalog content? Join a panel of leading sellers and buyers as they discuss their catalog strategies and preference for hosted CIF versus PunchOut catalogs. Learn how leading sellers use the Ariba Network to drive exposure of their product content to procurement organizations and individuals at their key accounts, while leading procurement organizations use online catalogs to drive up compliance to contract terms and to improve the user experience.
Unlock True Contract Management and Maximize Return on Investment | Ariba LIV...SAP Ariba
It really takes two to tango. Managing contracts was never meant to be within the four walls of your enterprise. Collaborative contract management today offers organizations opportunities to mitigate those countless risks that haunt supply chain operations. During this session, contract management professionals share their experiences with how working in tandem and on a real-time basis with their counterparts has helped them to identify and address compliance leakages, supply chain risks, and savings opportunities.
No PO-No Problem! Strategies for Ensuring Contract ComplianceSAP Ariba
Purchase order invoices offer a level of control that supports your compliance goals, but what about invoices that don’t have POs? Non-PO invoice management is arguably the most challenging task in accounts payable, and the source of many errors and exceptions that require extra effort to process. In this session, we’ll examine how customers are turning to contract invoicing to achieve the same level of control with non-PO invoices as PO invoicing.
Strategic Sourcing in the Digital EconomySAP Ariba
Gaining actual savings from the best-laid sourcing plans requires organizations to put in place a closed-loop strategy – one that addresses operational sourcing as well as the processes around it. An optimal plan would include cutting-edge analytics to drive better decisions, water-tight contract management to improve adherence, and disciplined supplier management to improve performance. Join this session to hear from the experts on how organizations can translate savings from paper to the bottom line through a tightly woven collaborative sourcing process.
How Do Our Most Successful Customers Do It? The Must-Have Ingredients for Val...SAP Ariba
Companies are looking to solve different challenges and to achieve different outcomes. Despite all the factors that differentiate these companies, the key ingredients in the recipe for success are the same. Attend this session if you are interested in understanding how to build a strong program with SAP Ariba solutions that will lead to long-term value realization. Learn about the critical elements that our most successful customers share, and that all customers should strive for.
Insights on Procurement Data with Analytics Solutions from SAPSAP Ariba
Spend data has traditionally been kept in the procurement tower, but it has significant value to other parts of the business as well. Hear how leading companies are accessing traditional procurement data with advanced tools from the analytics solutions from SAP to assist with process optimization, fraud detection, and market predictive analysis.
The P2P landscape is changing. The significant developments in technology that have been widely adopted in B2C environments are now changing the game in B2B environments and shared services.
The way businesses buy, pay, manage data, and leverage increasingly agile technology is changing in P2P.
In 2016 P2P organizations are going beyond transactional cost and concentrate on supporting the overall enterprise objectives: digitalization of information, process automation but also internal customer centricity and a balanced efficiency/risk/control approach are key practices in this new era.
Hosted by: Sharedserviceslink, The Hackett Group, Tradeshift
Invoice Automation: Key Component of Digital Transformation for PO and Contra...SAP Ariba
When the power of digital transformation spreads to invoice processing, businesses can move from managing transactions to improving business performance and enforcing compliance. Come hear industry leaders discuss how they have transformed invoice processing with support from SAP Ariba solution enablement as part of a larger source-to-settle/procure-to-pay program, and the results they have achieved with automation and compliance.
Simplify Supplier Risk Management Across Your Procurement Processes - SID 51538SAP Ariba
Suffering from sporadic supplier due diligence and fragmented risk information? Getting burned from engaging with at-risk suppliers? You are not alone. Come learn how to simplify supplier risk management across your procurement processes. Industry experts will share their experience using the SAP Ariba Supplier Risk solution to help ensure focused risk due diligence during supplier selection, detect early warning signals, and proactively monitor and address risks for each supplier engagement.
Digital Economy - How Hyperconnectivity Will Reshape the World of Procurement...SAP Ariba
Hyperconnectivity will reinvent the world economy. Individuals, businesses, and societies are becoming interconnected in real time, leading to a new digital economy that is more collaborative, intelligent, responsive, and efficient with dramatic increases in productivity and economic value. Join this session to learn from an industry analyst about how to manage spend in today's hyperconnected environment.
Manage Supplier Risk in Supply Chain Through Real-Time Market FeedbackSAP Ariba
Managing your supply chain in this digital age is fast changing, with the entry of new players, new innovations, and new markets that lead to new levels of risk and compliance expectations. But managing these on an ongoing basis often depends heavily on a few team members, with limited internal and external data. Without a unified, comprehensive view or mobile visibility, you can end up with a “reactive” versus a “proactive” approach. By monitoring supply chain risk in real time, using feeds from global data sources in a unified view across your organization, you can achieve visibility across all tiers of global suppliers, and more proactively address any issues that arise. Join this session to learn how SAP Ariba solutions enable organizations to routinely manage supply chain risks in real time, helping them to be in compliance and Run Simple.
Fact or Fiction – You Can Manage All Your Supplier Information, Transactions ...Tradeshift
Five or six years ago this would have been fiction hands down, and for many companies now, it might as well be. Using multiple disconnected systems, or manual methods, to manage suppliers and all their information, including invoices, purchase orders, and supply chain risk has been the norm. Doing things this way created a bevy of challenges and limitations—information silos, exposure to risk and overall lack of visibility into supplier relationships.
What if you could onboard your suppliers once for procure-to-pay transactions, and in the same place manage supplier master data, plus have access to real-time information helping you to mitigate your supply chain risk?
This webinar with Tradeshift and Riskmethods discusses how to:
Connect to all your suppliers and from one place
Consolidate all supplier related processes and information
Protect your organization from supply chain disruptions and risky suppliers
Get transparency into potential risks across your supply chain
Actually achieve high adoption among internal users and suppliers.
Quote Automation: Faster Supplier Identification and Bid Execution for Your P...SAP Ariba
Quote automation is a new RFQ automation tool for faster supplier identification and bid execution, with a seamless process that joins together the power of ERP and the Ariba Network. Learn how this valuable tool, which can be implemented quickly and easily, increases savings while providing complete visibility and control for hybrid tactical spend.
Fixing the Broken Promise of eProcurement Tradeshift
For the last 15 years, eProcurement software has done the same things but promised different results. Companies are spending their resources trying (and failing) to enforce top down processes and bring more spend under management. The tools used today are about limitations. We think it’s time to change that and solve the unfulfilled promise of eProcurement.
We believe eProcurement should enable:
- Accurate products and services from ALL your suppliers
- A collaborative and easy buying experience
- The freedom to buy anywhere
- Connected end-to-end processes
- A comprehensive solution for ALL your spend
Sumerian named as the rising saas star in capacity management globallySumerian
In February 2016, Independent research house Research in Action named Sumerian as the rising SaaS star in Capacity Management globally. Sumerian were ranked highest for customer satisfaction and price versus value across the industry and a the top vendor for Capacity Management strategy. Sumerian also ranked highest for customer satisfaction and price versus value across the capacity management and IT capacity planning industry.
Strategic Sourcing in the Digital EconomySAP Ariba
Gaining actual savings from the best laid sourcing plans requires organizations to put in place a closed loop strategy―one that addresses operational sourcing as well as the processes around it. An optimal plan would include cutting-edge analytics to drive better decisions, water-tight contract management to improve adherence, and disciplined supplier management to improve performance. Join this session to hear from the experts on how organizations can translate savings from paper to the bottom line through a tightly woven collaborative sourcing process.
Preparing for Awesomeness: 12 Keys to Success - SID 51270SAP Ariba
"Effective use of SAP Ariba solutions can drive significant results, but to maximize value, a focus on factors such as governance, compliance, and success measurement is critical. Changing the behavior of people is at the heart of delivering on this vision. In this session, learn about 12 key areas on which to focus and hear from others on how they are achieving success. We also review actions you can take now to get a plan on track.
Workshops have a different format from that used for traditional theater-style breakout sessions. They offer more intimate, team-style environments with hands-on and group activities. In order to provide the best possible experience, we limit these sessions to 50 attendees. The first 50 people who schedule a workshop session in the agenda builder will be registered to attend. There will be a waitlist for those who sign up after the initial 50. Please plan to arrive 10 minutes before the scheduled start time in order to check in. Those who have not checked in by the start time will forfeit their seats, and waitlisted attendees will be allowed to take any open slots."
What issues are top of mind for CPOs? We asked hundreds of them – and we’re r...SAP Ariba
In this session, we’ll share the most important insights from Deloitte’s 2016 Global CPO Survey, which reflects the sentiments of more than 300 procurement executives from 33 countries representing every major industry. The survey covers the state of play in key procurement disciplines such as business engagement, talent, and productivity. With five years of data under our belt, we’ll talk about how the CPO’s outlook has changed over the years—as well as what the future holds.
SAP Ariba Mobile Apps for Buyers and Sellers: Increase Your Company's End Use...SAP Ariba
Employees today expect to have the ability work anywhere and to have access to enterprise applications on their smartphones and tablets. To address this need, SAP Ariba is increasing its innovation in mobile solutions for both buyers and suppliers. Attend this session and learn how deploying Ariba mobile apps in your enterprise will help drive user engagement and satisfaction for all key processes like buying, approvals, collaboration, and status checks. You’ll also learn how working with your suppliers to adopt SAP Ariba’s supplier mobile solution can help increase visibility and collaboration for your enterprise. This informative session will include demos, a functionality overview, and a roadmap for SAP Ariba’s mobile innovations. Learn how your peers have rolled out SAP Ariba mobile solutions, while also gaining best practices for successful rollouts from SAP Ariba mobile solution product owners and technical leads.
#OOW16 - Introduction to Advanced Access ControlsDane Roberts
Get your first look at our upcoming cloud service to continually detect and manage unwanted user access in Oracle ERP, HCM & SCM Clouds - e.g., separation of duties (SoD) and access to sensitive data and functionality. Learn about application security and control best practices from KPMG's Director of Advisory Services, Nick Seeman, and Service Corporation International's Chief Audit Executive, Katrina Johnson. Get insight into using this new cloud service to streamline ERP/HCM/SCM role design and access policies, and improve access controls for Sarbanes Oxley (SOX) and comparable regulations from Oracle Product Development's Mark Stebelton and Barry Greenhut.
How Do Our Most Successful Customers Do It? The Must-Have Ingredients for Val...SAP Ariba
Companies are looking to solve different challenges and to achieve different outcomes. Despite all the factors that differentiate these companies, the key ingredients in the recipe for success are the same. Attend this session if you are interested in understanding how to build a strong program with SAP Ariba solutions that will lead to long-term value realization. Learn about the critical elements that our most successful customers share, and that all customers should strive for.
Insights on Procurement Data with Analytics Solutions from SAPSAP Ariba
Spend data has traditionally been kept in the procurement tower, but it has significant value to other parts of the business as well. Hear how leading companies are accessing traditional procurement data with advanced tools from the analytics solutions from SAP to assist with process optimization, fraud detection, and market predictive analysis.
The P2P landscape is changing. The significant developments in technology that have been widely adopted in B2C environments are now changing the game in B2B environments and shared services.
The way businesses buy, pay, manage data, and leverage increasingly agile technology is changing in P2P.
In 2016 P2P organizations are going beyond transactional cost and concentrate on supporting the overall enterprise objectives: digitalization of information, process automation but also internal customer centricity and a balanced efficiency/risk/control approach are key practices in this new era.
Hosted by: Sharedserviceslink, The Hackett Group, Tradeshift
Invoice Automation: Key Component of Digital Transformation for PO and Contra...SAP Ariba
When the power of digital transformation spreads to invoice processing, businesses can move from managing transactions to improving business performance and enforcing compliance. Come hear industry leaders discuss how they have transformed invoice processing with support from SAP Ariba solution enablement as part of a larger source-to-settle/procure-to-pay program, and the results they have achieved with automation and compliance.
Simplify Supplier Risk Management Across Your Procurement Processes - SID 51538SAP Ariba
Suffering from sporadic supplier due diligence and fragmented risk information? Getting burned from engaging with at-risk suppliers? You are not alone. Come learn how to simplify supplier risk management across your procurement processes. Industry experts will share their experience using the SAP Ariba Supplier Risk solution to help ensure focused risk due diligence during supplier selection, detect early warning signals, and proactively monitor and address risks for each supplier engagement.
Digital Economy - How Hyperconnectivity Will Reshape the World of Procurement...SAP Ariba
Hyperconnectivity will reinvent the world economy. Individuals, businesses, and societies are becoming interconnected in real time, leading to a new digital economy that is more collaborative, intelligent, responsive, and efficient with dramatic increases in productivity and economic value. Join this session to learn from an industry analyst about how to manage spend in today's hyperconnected environment.
Manage Supplier Risk in Supply Chain Through Real-Time Market FeedbackSAP Ariba
Managing your supply chain in this digital age is fast changing, with the entry of new players, new innovations, and new markets that lead to new levels of risk and compliance expectations. But managing these on an ongoing basis often depends heavily on a few team members, with limited internal and external data. Without a unified, comprehensive view or mobile visibility, you can end up with a “reactive” versus a “proactive” approach. By monitoring supply chain risk in real time, using feeds from global data sources in a unified view across your organization, you can achieve visibility across all tiers of global suppliers, and more proactively address any issues that arise. Join this session to learn how SAP Ariba solutions enable organizations to routinely manage supply chain risks in real time, helping them to be in compliance and Run Simple.
Fact or Fiction – You Can Manage All Your Supplier Information, Transactions ...Tradeshift
Five or six years ago this would have been fiction hands down, and for many companies now, it might as well be. Using multiple disconnected systems, or manual methods, to manage suppliers and all their information, including invoices, purchase orders, and supply chain risk has been the norm. Doing things this way created a bevy of challenges and limitations—information silos, exposure to risk and overall lack of visibility into supplier relationships.
What if you could onboard your suppliers once for procure-to-pay transactions, and in the same place manage supplier master data, plus have access to real-time information helping you to mitigate your supply chain risk?
This webinar with Tradeshift and Riskmethods discusses how to:
Connect to all your suppliers and from one place
Consolidate all supplier related processes and information
Protect your organization from supply chain disruptions and risky suppliers
Get transparency into potential risks across your supply chain
Actually achieve high adoption among internal users and suppliers.
Quote Automation: Faster Supplier Identification and Bid Execution for Your P...SAP Ariba
Quote automation is a new RFQ automation tool for faster supplier identification and bid execution, with a seamless process that joins together the power of ERP and the Ariba Network. Learn how this valuable tool, which can be implemented quickly and easily, increases savings while providing complete visibility and control for hybrid tactical spend.
Fixing the Broken Promise of eProcurement Tradeshift
For the last 15 years, eProcurement software has done the same things but promised different results. Companies are spending their resources trying (and failing) to enforce top down processes and bring more spend under management. The tools used today are about limitations. We think it’s time to change that and solve the unfulfilled promise of eProcurement.
We believe eProcurement should enable:
- Accurate products and services from ALL your suppliers
- A collaborative and easy buying experience
- The freedom to buy anywhere
- Connected end-to-end processes
- A comprehensive solution for ALL your spend
Sumerian named as the rising saas star in capacity management globallySumerian
In February 2016, Independent research house Research in Action named Sumerian as the rising SaaS star in Capacity Management globally. Sumerian were ranked highest for customer satisfaction and price versus value across the industry and a the top vendor for Capacity Management strategy. Sumerian also ranked highest for customer satisfaction and price versus value across the capacity management and IT capacity planning industry.
Strategic Sourcing in the Digital EconomySAP Ariba
Gaining actual savings from the best laid sourcing plans requires organizations to put in place a closed loop strategy―one that addresses operational sourcing as well as the processes around it. An optimal plan would include cutting-edge analytics to drive better decisions, water-tight contract management to improve adherence, and disciplined supplier management to improve performance. Join this session to hear from the experts on how organizations can translate savings from paper to the bottom line through a tightly woven collaborative sourcing process.
Preparing for Awesomeness: 12 Keys to Success - SID 51270SAP Ariba
"Effective use of SAP Ariba solutions can drive significant results, but to maximize value, a focus on factors such as governance, compliance, and success measurement is critical. Changing the behavior of people is at the heart of delivering on this vision. In this session, learn about 12 key areas on which to focus and hear from others on how they are achieving success. We also review actions you can take now to get a plan on track.
Workshops have a different format from that used for traditional theater-style breakout sessions. They offer more intimate, team-style environments with hands-on and group activities. In order to provide the best possible experience, we limit these sessions to 50 attendees. The first 50 people who schedule a workshop session in the agenda builder will be registered to attend. There will be a waitlist for those who sign up after the initial 50. Please plan to arrive 10 minutes before the scheduled start time in order to check in. Those who have not checked in by the start time will forfeit their seats, and waitlisted attendees will be allowed to take any open slots."
What issues are top of mind for CPOs? We asked hundreds of them – and we’re r...SAP Ariba
In this session, we’ll share the most important insights from Deloitte’s 2016 Global CPO Survey, which reflects the sentiments of more than 300 procurement executives from 33 countries representing every major industry. The survey covers the state of play in key procurement disciplines such as business engagement, talent, and productivity. With five years of data under our belt, we’ll talk about how the CPO’s outlook has changed over the years—as well as what the future holds.
SAP Ariba Mobile Apps for Buyers and Sellers: Increase Your Company's End Use...SAP Ariba
Employees today expect to have the ability work anywhere and to have access to enterprise applications on their smartphones and tablets. To address this need, SAP Ariba is increasing its innovation in mobile solutions for both buyers and suppliers. Attend this session and learn how deploying Ariba mobile apps in your enterprise will help drive user engagement and satisfaction for all key processes like buying, approvals, collaboration, and status checks. You’ll also learn how working with your suppliers to adopt SAP Ariba’s supplier mobile solution can help increase visibility and collaboration for your enterprise. This informative session will include demos, a functionality overview, and a roadmap for SAP Ariba’s mobile innovations. Learn how your peers have rolled out SAP Ariba mobile solutions, while also gaining best practices for successful rollouts from SAP Ariba mobile solution product owners and technical leads.
#OOW16 - Introduction to Advanced Access ControlsDane Roberts
Get your first look at our upcoming cloud service to continually detect and manage unwanted user access in Oracle ERP, HCM & SCM Clouds - e.g., separation of duties (SoD) and access to sensitive data and functionality. Learn about application security and control best practices from KPMG's Director of Advisory Services, Nick Seeman, and Service Corporation International's Chief Audit Executive, Katrina Johnson. Get insight into using this new cloud service to streamline ERP/HCM/SCM role design and access policies, and improve access controls for Sarbanes Oxley (SOX) and comparable regulations from Oracle Product Development's Mark Stebelton and Barry Greenhut.
Presentation used in the Spigit webinar of February 11, 2011. Discusses SpigitFusion, the evaluation management application that bridges ideation to implementation. More info here:
http://www.spigit.com/products-and-solutions/products/spigitfusion/
Ageas is an international insurance group with a heritage spanning 190 years. Present in 13 countries across Europe and Asia, the company offers Life and Non-Life solutions to millions of Retail and Business customers.
Control And Compliance In Public Sector ProcurementEe Chuan Yoong
The presentation covers public sector procurement risk and controls from an auditor\'s perspective. It gives an overview of how public sector procurement in Singapore has evolved and the risks that procurement managers, professionals, control and risks managers, internal/external auditors should be alert to when dealing with risks in procurement.
Buy Right, Pay Right – How Procurement, AP, and Treasury Can Work Together fo...SAP Ariba
Is invoice processing efficiency the exclusive focus of your payables automation program? If it is, you may be ignoring opportunities to support payment and working capital strategies that increase cash returns, enable supplier self-service, free up working capital, and improve free cash flow. Attend this session to learn how you can align procurement, accounts payable, and treasury when automating payables to enforce compliance with contracts, gain supplier support for electronic payments, and improve management of cash and working capital..
#OOW16 - • Implement the Best Practice for Oracle Fusion Advanced Financial C...Dane Roberts
Get valuable advice on optimizing payable and expense processes and achieving effective control from industry expert Chris Doxey and Oracle Consulting's Managing Practice Lead, Swarnali Bag. Then learn how to automate identification of transactions that indicate fraud, error and policy violation; configure our upcoming Advanced Financial Controls cloud service to analyze and manage those transactions; and achieve fastest implementation, minimum effort, and maximum return on investment from Oracle Product Development's process/solution designers Sujay Bandyopadhyay and Barry Greenhut.
OOW16 - Oracle E-Business Suite: What’s New in Release 12.2 Beyond Online Pat...vasuballa
Learn more about Oracle E-Business Suite’s product roadmap of recent releases and future plans to deliver new capabilities for years to come. This session covers what’s new in Oracle E-Business Suite 12.2 beyond online patching, including functional enhancements and user experience innovation. Gain an understanding of the functional and user experience enhancements that are available, which are input for planning how to further leverage Oracle E-Business Suite to meet your company’s needs.
Cloudway Consulting Pvt Ltd Is a SAP Strategic Sourcing Consulting Company For SAP, SAP S4 Hana, SAP Ariba, SAP C4C, Success Factor and Business By Design for More Call us at +0120-4226511
Rapid process automation with oracle process cloud serviceHeba Fouad
Oracle Process Cloud service features and highlights
Value proposition for Oracle Process Cloud Service
Who target and which industry?
Business process management in the cloud
Presented by Heba Fouad
Fusion Middleware Specialist
The Cornerstones of Oracle Retail StrategyOracle Retail
Presentación hecha por Jeff Warren, en el evento de Oracle Retail Forum Mexico - #ORFMexico - sobre: The Cornerstones of Oracle Retail Strategy (en inglés)
How will you create a supplier management software.pptxssuser50762b
Effective supplier management is the cornerstone of a successful and efficient supply chain, impacting an organization's performance, cost-effectiveness, and overall competitiveness. Our PowerPoint presentation, "Mastering Supplier Management," provides a comprehensive guide to optimizing your supplier relationships and processes for maximum business benefit.
This presentation is tailored for supply chain professionals, procurement teams, and business leaders looking to unlock the potential of supplier management. It delves into key aspects such as supplier selection, performance measurement, risk mitigation, and collaboration strategies.
Power Your Innovation Strategy with SAP® Technology
Monetize new business models and services
Learn how you can work and partner with SAP to take advantage of SAP technologies that can help you monetize your existing software Intellectual Property, as well as generate new business models and services while reducing your cost and time to market. See how SAP can help your company drive simple sophistication and ensure additional value for you and your customers.View examples of companies who are already doing this and show you how they are leveraging SAP technologies as part of their solutions
Procurement organizations are always challenged to help the business keep costs under control. To do this they need to expand their influence across the business to ensure that employees are buying from approved suppliers and ensure customer satisfaction. They also need to keep up with increasing volumes without adding headcount. That means procurement must become more efficient
Procurement organizations report that many critical factors are not even being addressed by procurement. Such as addressable spend—purchases by employees that could have resulted in savings had there been a vendor under contract. And even when they do, as we said before, contract leakage still occurs when purchases are made that don’t comply with negotiated contract terms. Overall, their processes are highly inefficient and make poor use of automation. Probably the worst situation is when spend isn’t linked to a purchase order. This could be a case of an employee “going around” the approved procurement process. However, it causes tremendous aggravation later when the vendor invoice shows up in Accounts Payable and there’s no purchase order to reconcile against. It forces the AP person to try to track down who made the purchase and do other research to validate that the invoice is indeed legitimate.
On the strategic side, the business wants CPOs to play an active role in managing supplier risk. This is where the changing dynamics are most acutely felt. The perception of supply risk is rising. Yet only 50% of CPOs say they play an active role in managing risk in their organizations. When you look at their relatively low influence levels, this is not surprising. However, many CPOs are starting to invest in the upfront process of supplier appraisal and qualification and increasing investments in contract management systems to formalize the agreements and compliance. Ryan will talk about other measures they can take after suppliers are on board in his segment
What we see is a shifting role for procurement. There is a move away from P2P transactional procurement, to higher level activities such as supplier selection and managing risk. Business growth due to available capital is driving the executive’s agenda. This means greater demands on procurement but they won’t get the headcount increases they need. These range from missed cost savings to inconsistencies across the negotiation, contracting and risk management processes that prevent them from leveraging best practices and standard contract terms across all vendors. Procurement also struggles to make sure the suppliers they do business with are properly qualified around attributes such as financial stability and business practices. However, what may be worse, they have difficulty leveraging negotiated contract terms into actual purchases. This so called “Contract leakage” results in higher costs. Becoming a better partner means working with the business to achieve their goals. 97% of procurement professionals say the CFO is their most important business partner and here is where they can shine. Better ideas on cost savings and helping prevent business disruption by partnering with the business to select, qualify and manage the best, most financially stable and compliant suppliers
Where procurement really begins to stand out as a valued business partner is when they become “ruthlessly efficient”. That means minimizing the time spent on transactional activities and focusing on the more strategic. The first step is making sure the the procure-to-pay cycle is automated and streamlined. Employee requisitions, automated approval workflows and PO issuance to vendors which helps increase efficiency and productivity. Vendor invoices are routed to AP where POs, invoices and goods receipts are automatically reconciled. The only manual touch is exception handling. This allows procurement leaders to focus on more strategic activities such as assessing and sourcing the best suppliers. Managing risk is becoming more and more critical and its incumbent on the procurement organization to properly assess potential suppliers and ensure their profiles are up to date. Procurement also needs to increase its influence in the business. Whether its influencing CFOs to focus on controlling costs through more rigorous sourcing and all employees channeling their requisitions to approved vendors using self-service procurement.
There is a way to address this problem. Only Oracle provides a solutions that gives procurement key capabilities to address these problems and at the same time improve their efficiency through collaboration and process standardization
Oracle delivers an integrated solution for the entire “Source-to-Pay” or as its sometimes referred to the “Source-to-Settle” cycle. Following the red arrows, the upfront “Manage Suppliers” is the initial qualification process of determining if suppliers conform to certain corporate risk mitigation policies such as financial viability, minority owned business standards and the like. This process flows all the way through the Sourcing function—that is selecting specific suppliers for certain goods and services at the best price and value, formalizing the agreement in a contract and them making sure the contract terms flow through the actual buying of goods and services. Finally, at the end, the vendor who supplied the goods submits an invoice—that invoice has to be validated by Accounts Payable to determine if the goods were received and the invoice terms match the purchasing documents. When completed, they are submitted to a queue for payment
SLIDE TRANSITION: Let’s look more closely at why only Oracle delivers a tier one ERP Procurement in the cloud.
When we talk to customers these are the differentiators against our competitors that our customers care about
From a solution perspective we’ll explore complete, global, insight driven, and digital
And from a cloud perspective personalized, connected and secure
Only Oracle has a complete, end-to-end cloud source to settle solution. It completely automates the transactional procure-to-pay process and provides robust solutions for managing the strategic procurement functions of supplier management with a complete supplier qualification management solution, a robust sourcing solution that streamlines the negotiation process and utilizes powerful analytics to compare supplier bids and select the best one across multiple criteria. Finally, we provide a full contract management solution that also helps streamline the contract authoring process and provides a searchable repository and notifications when contracts are expiring
Industry leader provides shared wireless infrastructure to enable commercial wireless services for the New York City Transit Authority riders within the underground subway stations. Oracle Procurement Cloud –
Fusion Procurement Contracts
Fusion Purchasing
Fusion Self Service Procurement
Fusion Sourcing
Fusion Supplier Portal
Fusion Transactional Business Intelligence for Procurement
CyraCom is the leading provider of language interpreting services to healthcare, and its interpretation and translation solutions are exclusively endorsed by American Hospital Association. Whether in-person or via phone, video, mobile app, or written text, CyraCom bridges communication gaps for healthcare organizations that need rapid access to language assistance
CyraCom implemented the following Oracle Procurement Cloud products. They also use Oracle Financials Cloud which allows the to automate much of their vendor invoice processing.
Fusion Purchasing
Fusion Self Service Procurement
Fusion Procurement Contracts
Fusion Transactional Business Intelligence for Procurement
Global Focus
For many CFOs, emerging markets and new geographies comprise the next great business opportunity. Yet capitalizing effectively on these opportunities can be dauntingly complex. And so when we set about building the Oracle ERP Cloud, to grow with you. It has the most robust support for multiple subsidiaries and localizations for nearly 50 countries, with data centers in 19 countries to comply with data residency requirements.
This allows you to rapidly establish a new presence or expand existing operations in virtually any region without having to invest in getting the technical skills and equipment in place, substantially minimizing both your capital investments and your risk. Your new offices can operate and share information seamlessly with other business units and with HQ.
This is an approach that we at Oracle took ourselves, where we’ve been running our Indian subsidiary on ERP cloud since July 2013, while we work on transitioning from our core E-Business Suite to the cloud fully by 2017. Other customers like GE or Posco, which are multibillion conglomerates, are doing this too. Because they see it as a lifeline to get out of on-premises ERP in a safe way that mitigates risk to their core operations.
SLIDE TRANSITION: Oracle’s modern cloud empowers you and your employees to personalize your cloud application experience to maximize productivity and satisfaction.
You can easily change your cloud experience to fit your business and create new features and applications – that are maintained across updates.
You can tailor dashboards, configure screens, modify workflows, collaborate and capture every piece of data unique to your role. Even tailor reports on the fly.
Then if you need to go beyond the Oracle Cloud application you can Extend/Enrich it by creating new applications or extensions using standards-based development tools
Oracle Cloud Platform provides a standardized set of development tools that your IT team most likely already uses/knows today, all running on the Oracle technologies in the cloud
You can innovate much faster with less cost using Oracle’s standards based Cloud Platform
And any applications you develop are completely portable to other platforms
And, configuration changes are update safe
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SLIDE TRANSITION: Another key unique differentiator for Oracle is secure data isolation.
Each Oracle Cloud customer accesses their own database in a physically isolated environment while benefiting from the advantages of the Cloud, hardware resource pooling for unlimited performance and rapid elasticity for unexpected demand. Oracle uses Oracle components, all engineered to work together in a single Oracle technology stack.
This service delivery model offers 3 primary business benefits;
Risk Mitigation via better security by physically isolating your data from other customer data
Upgrade on your business calendar, not ours. You choose when you want to initiate your upgrade.
Reduced ‘noisy neighbor syndrome’. Because customers are in their own physically separate environments their batch processing such as payroll and financials processing period does not affect you. This can be a problem in traditional multi-tenant deployments.
SLIDE TRANSITION:
Nowhere else is that transformation more dramatic than in the world of ERP. Over the last 24 months, we’ve seen the world shift into a market that is taking advantage of what we do best.
Essentially that market shift has moved cloud adoption from departmental solutions like sales force automation or recruiting to mission critical applications like ERP in the cloud, and we’ve seen great progress – we now have over 1,600 customers of which over 450 are live represents 4x growth in last four quarters. We also continue to deliver rapid innovation with over 500 features in that last 2 releases, which speaks to the maturity of our solutions.