Oracle E-Business Suites Procure-to-Pay Solution

Using Oracle Advanced Procurement and Oracle Financials has enabled us to transform the purchasing department to a value-added organization, resulting in over $74 million in documented cost savings. Ralph Maier, Dir. of Purchasing Services, University of Pennsylvania

Oracle E-Business Suites Procure-to-Pay solution is an integrated system that links purchasing and payables to maximize return on invested capital. With Oracle E-Business Suites Procure-to-Pay solution, companies can reduce costs to improve margin, streamline procure-to-pay processes to improve working capital, and drive compliance to optimize asset usage.

Lower Total Procure-to-Pay Costs

In this ultra-competitive business environment, you need to optimize supply management performance in order to get the best pricing and terms. Improving communications and relationships with suppliers will ultimately benefit pricing structures and terms, and therefore the position of your business in its market space. Oracle E-Business Suites Procure-to-Pay solution allows you to collaborate with suppliers by offering a simple, easy-to-use Web-based interface for closed-loop collaboration. Oracle iSupplier Portal streamlines the on-boarding of new suppliers and the maintenance of existing ones while simplifying order fulfillment and invoice payment. Flexible and robust sourcing, contract authoring, requisitioning, receiving, invoicing, payment and communication options allow you to establish a process that meets the needs of your enterprise and trading partners. Furthermore, it gives you controlled enforcement to established procurement contracts for both goods and services so you can ensure that negotiated savings reach the bottom line.
Streamline All Procurement Processes with Global Best Practices

As global competition increases, successful companies are lowering the cost of doing business by standardizing, integrating, and automating business processes. Oracle E-Business Suites Procure-toPay solution automates the entire business process flow from supplier selection and sourcing through invoice processing and payment. Seamless E-Business Suite integration paired with flexible and packaged external integration points like Oracle Supplier Network make your system open and secure. Oracle E-Business Suites Procure-to-Pay solution supports seamless policy enforcement and minimizes communication gaps and lag times with structured supplier communications and policydriven requestor self-service. It cultivates optimal payables strategies with real-time supplier and banking information exchange, supplier self-service invoicing, workflow-driven approvals management, and out-of-the-box, global, electronic payment capabilities. In short, it takes your procurement and payables groups out of routine data entry

Oracle E-Business Suites Procure-to-Pay Solution

KEY BENEFITS Link purchasing and payables to maximize return on invested capital

and transaction processing roles, and allows them to focus on higher value-add activities like sourcing for best value, contract management, control, audit, and analysis.
Strengthen Compliance and Control

Optimize supply management with with an easy-to-use Webbased supplier interface

Automate the Procure-to-Pay business flow with seamless integration to all Oracle EBusiness Suite applications

Now more than ever, strong internal controls are a requirement of doing business. Shareholders are demanding the highest level of fiscal responsibility from their investments. Oracle E-Business Suites Procure-to-Pay solution allows you to manage spend across your entire enterprise with global contract and purchase order visibility and enforcement. Global controls including budget-based expenditures, purchase order matching rules and discrepancy tolerance levels give you added control. Enterprise-wide business rules that you specify are enforced in real-time, processing compliant transactions and escalating exceptions. Oracle E-Business Suites Procure-to-Pay solution helps you to mitigate exposure to potential fraud, error, unauthorized purchases, and payments.
Summary

Mitigate unauthorized purchases and payments by enforcing enterprise-wide business rules

Oracle E-Business Suites Procure-to-Pay Solution consists of the following Oracle products:

You can manage what you can see: Oracle E-Business Suite Procure-to-Pay improves the security, productivity and efficiency of your trading partnerships by offering an unprecedented breadth and depth of tools - so you can automate and manage 100% of your corporate spend. Once captured, pre-packaged payables, spend and supplier analyses let you expose savings opportunities, current spend information, as well as trends and expenditure behavior over time with complete drill-down to supporting transactional data. All of this allows you to simultaneously monitor the quality of your trading partnerships, catch expenditure anomalies before they become problems, and understand the fiscal health of your organization.

Oracle Financial Analytics Oracle Financials Oracle Imaging and Processing Management For more information, call us at toll free at: 1-800-633-0738 Oracle Internet Expenses Oracle iProcurement Oracle iSupplier Portal Oracle Landed Cost Management Oracle Procurment Contracts Oracle Projcects Oracle Purchasing Oracle Services Procurement Oracle Sourcing Oracle Supplier Network

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