Why Read This
Oracle iProcurement is in a virtual tie with BasWare for second highest scores for current offering. It also has one of the strongest strategic positions thanks to its financial resources, its product strategy of pricing competitively and adding functions to the product, and its corporate strategy of blanketing the market. It has top scores for settlement capabilities; strong scores for goods procurement, reporting, process configuration, and globalization; and good services procurement and integration capabilities. Its biggest weakness is in supplier connectivity, where it relies on its supplier portal, support for multiple existing standards for procurement document exchange, and a small network of 1,000 identified and catalog-enabled suppliers.