Top three features :

• Streamlined operations and agility

• Cloud-enabled automation

• Spend compliance and strategic sourcing

Founded in 1997 , Oracle is a multinational technology company . For those in the procurement industry , Oracle offers its customers ‘ Oracle Fusion Cloud Procurement ’ – an integrated source-to-settle suite . The solution helps customers to automate their processes , create strategic sourcing capabilities , improve supplier relationships , and simplify the buying experience . In doing so , the procurement function can benefit from lower risks , improved savings and greater profitability and productivity . Oracle ’ s range of services include : spend management , direct materials management , relationship management , strategic sourcing , contract lifecycle , compliance , and supplier collaboration .

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