What is Oracle Fusion Procurement

1. Oracle Fusion SCM – Procurement 1 What is Oracle Fusion Procurement? A cloud-based solution that automates and streamlines the entire procure-to-pay cycle with built-in compliance and supplier collaboration tools. Core Modules 2 Self-Service Procurement – Guided employee purchasing Purchasing – Create and manage POs Sourcing – Run RFQs, auctions, negotiations Supplier Qualification – Verify supplier credentials Supplier Portal – Real-time supplier collaboration Procurement Contracts – Standardized agreements 3 Procurement Flow Requisition Approval Purchase Order Supplier Collaboration Receipt of Goods Invoice & Payment 4 Key Benefits Automation Cost savings Compliance Supplier insights Faster cycles Real-time visibility Find more at www.techleadsit.com