Oracle

Oracle Procurement Cloud

Composite Score

7.1 /10

CX Score

7.3 /10

33 Reviews Write a Review

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What is Oracle Procurement Cloud?

Leverage analytics to identify opportunities for cost savings, spend consolidation and receive greater value from suppliers. Develop programs to manage your supply base more effectively and improve business outcomes.

Company Details

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Awards & Recognition

Oracle Procurement Cloud won the following awards in the Strategic Sourcing category

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0 Top Rated Capabilities

5 Top Rated Features

Latest Award, 2025

5 Top Rated Capabilities

5 Top Rated Features

2024

5 Top Rated Capabilities

7 Top Rated Features

2023

5 Top Rated Capabilities

6 Top Rated Features

2022

Oracle Procurement Cloud Ratings

Real user data aggregated to summarize the product performance and customer experience.
Download the entire Product Scorecard to access more information on Oracle Procurement Cloud.

Product scores listed below represent current data. This may be different from data contained in reports and awards, which express data as of their publication date.

82 Likeliness to Recommend

91 Plan to Renew

78 Satisfaction of Cost Relative to Value

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Emotional Footprint Overview

Product scores listed below represent current data. This may be different from data contained in reports and awards, which express data as of their publication date.

+78 Net Emotional Footprint

The emotional sentiment held by end users of the software based on their experience with the vendor. Responses are captured on an eight-point scale.

How much do users love Oracle Procurement Cloud?

9% Negative

2% Neutral

89% Positive

Pros

Trustworthy
Fair
Reliable
Performance Enhancing

Feature Ratings

Average 75

Procurement Management

Auction Management

Workflow Management

Catalog Management

Contract Management

Market Assessment

Capacity Management

Supplier Management

Communications

Spend Analysis

ERFx

Vendor Capability Ratings

Average 75

Business Value Created

Breadth of Features

Quality of Features

Ease of Data Integration

Vendor Support

Ease of IT Administration

Ease of Implementation

Availability and Quality of Training

Usability and Intuitiveness

Ease of Customization

Product Strategy and Rate of Improvement

Oracle Procurement Cloud Reviews

Naveen D.

Role: Finance
Industry: Finance
Involvement: IT Leader or Manager

Validated Review

Verified Reviewer

Submitted Mar 2024

Easy to Use

Likeliness to Recommend

10 /10

What differentiates Oracle Procurement Cloud from other similar products?

1- Huge library. 2- Rich community support. 3- Recovery and backup features.

What is your favorite aspect of this product?

The rate for the services provided are quite good compared to others

What do you dislike most about this product?

WAF is difficult to write rules and manage.

What recommendations would you give to someone considering this product?

its integrity and support me every time at time of difficulty and high level of security.

Pros

Helps Innovate
Continually Improving Product
Reliable
Performance Enhancing

Theodore O.

Role: Finance
Industry: Finance
Involvement: End User of Application

Validated Review

Verified Reviewer

Submitted Aug 2023

Excellent procurement tool.

Likeliness to Recommend

8 /10

What differentiates Oracle Procurement Cloud from other similar products?

The procedure is extremely simple, with all of the functionality required to complete the procure-to-pay cycle. Oracle employs the best industry practices, which are employed here. The user interface, reports, and inquiries are really useful. OTBI reports are excellent for real-time activities. Approvals are simple and available at several levels. Supplier negotiating and supplier registration are quite helpful in identifying the best suppliers for the organization. Oracle Sourcing is a platform that provides numerous options for customers and suppliers without the use of intermediaries.

What is your favorite aspect of this product?

I appreciate Oracle Procurement Cloud because it is software that allows me to streamline, automate, and customize procurement processes throughout the organization. It enables me to carry out a quick and efficient procurement procedure, which enhances my relationship with my suppliers while also lowering my costs. Day-to-day procurement activities such as contract administration, purchasing, negotiation, and even collaboration have been eased for me.

What do you dislike most about this product?

It is still in the maturation stage, but Oracle is taking good care of it. The application gets better with each new release. Sometimes features are stated but are not available until the next version, which might be inconvenient. To find out the status, we must keep up with the SR.

What recommendations would you give to someone considering this product?

It simplifies and organizes my data’s chores and work processes, and its interaction with other systems has helped me solve numerous problems due to its high compatibility. The quality of their cloud service is excellent, and it saves me a lot of time and effort. It is a highly effective solution in its class. The Sourcing module has an outstanding feature set. It appears that I can perform everything in Oracle Sourcing rather than using various tools. RFQ management, punchouts, and so on are beneficial. Completely recommended by me.

Pros

Helps Innovate
Continually Improving Product
Performance Enhancing
Enables Productivity

Tushar V.

Role: Finance
Industry: Finance
Involvement: End User of Application

Validated Review

Verified Reviewer

Submitted Jun 2024

Review for Oracle Sourcing

Likeliness to Recommend

10 /10

What differentiates Oracle Procurement Cloud from other similar products?

It's approach to perform the functions is something which sets it apart from the others.

What is your favorite aspect of this product?

It's ease of use and adaptability

What do you dislike most about this product?

It's costly for new users

What recommendations would you give to someone considering this product?

Go for it! It is great.

Pros

Helps Innovate
Continually Improving Product
Trustworthy
Efficient Service

Oracle Procurement Cloud

What is Oracle Procurement Cloud?

Company Details

Need Assistance?

Awards & Recognition

Oracle Procurement Cloud Ratings

82 Likeliness to Recommend

91 Plan to Renew

78 Satisfaction of Cost Relative to Value

Emotional Footprint Overview

+78 Net Emotional Footprint

How much do users love Oracle Procurement Cloud?

Pros

Feature Ratings Average rating of all product features, some of which may not be shown below

Procurement Management Includes purchasing and procurement management, as well as supplier management and optimization.

Auction Management Includes bid management, bidder management and buyer notifications.

Workflow Management Includes ability to support flexible and comprehensive workflow-based capabilities.

Catalog Management Includes customizable shipping and payment options, product pricing, advanced catalog search, and navigation.

Contract Management Includes automated contract renewal, approval process, compliance management, and contract database.

Market Assessment Includes market size, trends, growth rate, and portability.

Capacity Management Monitor system utilization and provide alerts when pre-defined thresholds are reached.

Supplier Management Supplier collaboration, including Quarterly Business Review Meetings, Scorecards, KPI and SLAs.

Communications Includes communication portals or secure messaging or automated alerts.

Spend Analysis Includes data visibility and quality, supplier ranking, and compliance and reporting.

ERFx Evaluation and scoring of supplier responses.

Vendor Capability Ratings Average rating of all vendor capabilities, some of which may not be shown below

Business Value Created Software needs to create value for employees, customers, partners, and, ultimately, shareholders. This data expresses user satisfaction - or lack thereof - with the product's business value.

Breadth of Features Users prefer feature rich software that enables them to perform diverse series of tasks. This data expresses user satisfaction with the product's breadth of features.

Quality of Features Feature quality is just as important as quantity. Use this data to determine if this product will do what you're purchasing it to do, easily, intuitively, reliably, and effectively.

Ease of Data Integration Use this data to determine whether the product will cause headaches or make data integration easy.

Vendor Support The importance of vendor support will vary for each organization depending on internal capabilities, but there will always be issues that only the vendor can resolve.

Ease of IT Administration This data indicates whether IT personnel will be able to resolve issues and perform configurations efficiently and effectively.

Ease of Implementation Successfully implementing new software is necessary to realize its full value and promote end user adoption. This data indicates whether or not the product is easy to implement.

Availability and Quality of Training Effective and readily available training enables users to get the most out of the software you've chosen. Use this section to make sure your vendor's training programs and materials measure up.

Usability and Intuitiveness End user learning curves cost the organization money. Pay attention to your end users' technical ability to determine how important UX is in your purchase.

Ease of Customization Don't get bogged down in a difficult customization; use this data to make sure you can easily achieve the functionality you need for your particular situation.

Product Strategy and Rate of Improvement Vendors who don't stay on top of emerging needs and trends won't enable you to meet your business goals. Use this data to separate innovators from imposters.

Oracle Procurement Cloud Reviews

Naveen D.

Easy to Use

Likeliness to Recommend

Pros

Theodore O.

Excellent procurement tool.

Likeliness to Recommend

Pros

Tushar V.

Review for Oracle Sourcing

Likeliness to Recommend

Pros

Most Popular Oracle Procurement Cloud Comparisons

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Feature Ratings

Procurement Management

Auction Management

Workflow Management

Catalog Management

Contract Management

Market Assessment

Capacity Management

Supplier Management

Communications

Spend Analysis

ERFx

Vendor Capability Ratings

Business Value Created

Breadth of Features

Quality of Features

Ease of Data Integration

Vendor Support

Ease of IT Administration

Ease of Implementation

Availability and Quality of Training

Usability and Intuitiveness

Ease of Customization

Product Strategy and Rate of Improvement