Compare eProcurement и Oracle Fusion Cloud Procurement

Benefits:

The software helps us to reduce our costs by analyzing our spending. In addition, it also helps to manage our procurement process, bids and our con... Read more

The software helps us to reduce our costs by analyzing our spending. In addition, it also helps to manage our procurement process, bids and our contracts in very efficient way. Its capability to unify, streamline and simply the process saves us a lot of time and money.

Drawbacks:

The software requires continuous training for my staff and we need to continuously look into this matter.

Summary:

The software has saved us from a lot of tedious and time consuming paper work. In addition, it helps us a lot of in centralization of all procureme... Read more

The software has saved us from a lot of tedious and time consuming paper work. In addition, it helps us a lot of in centralization of all procurement work.

Benefits:

This software was very intuitive and easy to learn. It provided great audit back-up and accountability to hotel operations.

Drawbacks:

Much of the reporting was underutilized, more company training would be helpful.

Summary:

While at Fairmont Hotels & Resorts, I was the hotel "champion" and installation lead for Birchstreet. We went from a paper based Requisition and Pu... Read more

While at Fairmont Hotels & Resorts, I was the hotel "champion" and installation lead for Birchstreet. We went from a paper based Requisition and Purchase Order system to a completely automated Birchstreet managed system. The differences were amazing, Birchstreet offers the ability to build clean workflows and approvals. We also gained clear visibility into all past orders and account balances. In hospitality, it can be sometimes difficult to obtain time sensitive approvals for food & beverage orders, and an administrator is needed to re-route orders, which is a necessary audit requirement, but sometimes hard to manage. We had a very good set of trainers for the initial set-up.

Benefits:

The thing I like most about eprocuremnt is the 2 step process to submit an invoice for a PO number.

Drawbacks:

As staff all invoices and blanket PO's are sent through e-pro. The site is behind the time and only works on internet explorer. Once the PO has bee... Read more

As staff all invoices and blanket PO's are sent through e-pro. The site is behind the time and only works on internet explorer. Once the PO has been approved once I am unable to edit the requisition. This makes for a headache on both my side as the sender and on the Accounts Payable side.

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Summary:

I used this program for about 2 years in my previous role. It is probably one of the best systems out there. Simple, and very effective. Reporting ... Read more

I used this program for about 2 years in my previous role. It is probably one of the best systems out there. Simple, and very effective. Reporting can be pre set so there is not need to enter filters again. Gives reports instantly. Support is good. The only bad point I can think of is the lack of training as there so much more options in it that I didn't get a chance to try out

Benefits:

The best feature in my opinion is the copy to checkout option which allows you to use previous requisitions to make it faster for recurring charges... Read more

The best feature in my opinion is the copy to checkout option which allows you to use previous requisitions to make it faster for recurring charges or similar categories

Drawbacks:

I think they could improve the software by having a search bar for key words in the category codes and account numbers such as "cleaning supplies" ... Read more

I think they could improve the software by having a search bar for key words in the category codes and account numbers such as "cleaning supplies" etc rather than just having to scroll them

Summary:

Creating requisitions for POs

Benefits:

With Oracle Procurement Cloud the enterprises will gain a more efficient and influential procurement organization that helps keep costs under contr... Read more

With Oracle Procurement Cloud the enterprises will gain a more efficient and influential procurement organization that helps keep costs under control by selecting the best in class suppliers, enforcing policy and managing risks Eg. Segregation of duties, role based access control, SOX Compliance can be implemented. Procurement cloud offers a complete functionality for companies of all sizes and shapes, from sourcing to contacts to purchasing to supplier management. With Oracle Procurement cloud, one can assess supplier's compliance with financial stability, regulatory standards and company code of conduct. Further, one can select qualified suppliers for sourcing events and ensure up to date profile with automated update alerts. Oracle Procurement Cloud helps in guided authoring and terms libraries simplify document authoring in Sourcing. Short cycle to author, review and approved quotations. Short and automated bid analysis shortens time to award and increases cost savings. Built in social collaboration allows cross functional team input and faster approvals. Embedded analytics monitor bidding process. Award Recommendation based on user defined criteria enable faster time to value Deviation monitoring in Contracts spotlights specific language changes to minimize review effort. Procurement Contracts are managed in searchable repository with amendment tracking and automated expiration alerts. Reduces off contract buying through a consumer like self service application

Drawbacks:

Oracle Cloud procurement is fairly new. It is not completely stable yet, though it is making rapid progress. The customer support can be improved. ... Read more

Oracle Cloud procurement is fairly new. It is not completely stable yet, though it is making rapid progress. The customer support can be improved. There is scope for improvement in user experience. The existing functionality is rich, however it can be further improved and enriched.

Summary:

Modern Technology, Open Standards, choice in delivery, flexibility and cloud portability. On flexibility this software can be procured as a tradit... Read more

Modern Technology, Open Standards, choice in delivery, flexibility and cloud portability. On flexibility this software can be procured as a traditional software license and installed on-premise, subscribed to and delivered from cloud to our choice or deployed in a hybrid combination of both cloud and on premise.

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Summary:

we are currently in the implementation process. finding an implementation partner was challenge.

Benefits:

very complete tool that cover all variations of the procurement process using standard functionalities

Drawbacks:

Need specific resource to implement on the technical side

Summary: