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

Role: Finance
Industry: Banking
Involvement: Vendor Management and Renewal

Validated Review

Anonymous Reviewer

Submitted Oct 2021

Easier to use but doesn’t suit all industries

Likeliness to Recommend

8 /10

Pros

Reliable
Unique Features
Effective Service
Inspires Innovation

Cons

Less Efficient Service

Role: Vendor Management
Industry: Biotechnology
Involvement: End User of Application

Validated Review

Anonymous Reviewer

Submitted Jul 2021

Intuitive and easy to use

Likeliness to Recommend

9 /10

Pros

Performance Enhancing
Trustworthy
Inspires Innovation
Fair

Shiva K.

Role: Information Technology
Industry: Government
Involvement: Business Leader or Manager

Validated Review

Verified Reviewer

Submitted Jun 2021

The Product pays for itself

Likeliness to Recommend

10 /10

What differentiates Oracle Procurement Cloud from other similar products?

Oracle Sourcing Cloud is tightly integrated with all other Oracle procurement modules namely, Self service procurement, Procurement contracts, Purchasing, Cloud Supplier portal etc.Various types of bids and auctions can be Organized with ease. Templates can be set up. Reports can be run from the tool. The tool can evaluate the bids from various suppliers and recommend the winners automatically.

What is your favorite aspect of this product?

The tool offers great user experience, inbuilt analytics, tight integration with other modules. Approvals can be configured using a flexible, drag and drop tool called business process management.

What do you dislike most about this product?

Some industries like Public sector, Construction have unique use cases related to complex purchase orders. some of these features were available in oracle on premise software. These features need to be added to the cloud version too.

What recommendations would you give to someone considering this product?

The product is intuitive and does not need much training.The product is flexible and can be configured according to the enterprise needs. Be part of Oracle user groups and attend webinars from Oracle to learn more about the product.

Pros

Continually Improving Product
Performance Enhancing
Enables Productivity
Trustworthy

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

Easier to use but doesn’t suit all industries

Likeliness to Recommend

Pros

Cons

Intuitive and easy to use

Likeliness to Recommend

Pros

Shiva K.

The Product pays for itself

Likeliness to Recommend

Pros

Most Popular Oracle Procurement Cloud Comparisons

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Promena e-Procurement

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