What is Oracle Sourcing?
Oracle Sourcing is the enterprise application that drives more and better sourcing through online collaboration and negotiation. It is a key component of Oracle Advanced Procurement, the integrated suite that can dramatically cut all supply management costs. Because strategic sourcing is typically time-consuming and complex, few organizations are able to exploit all available sourcing opportunities. Oracle Sourcing increases the sourcing bandwidth of procurement professionals, so they can exploit many more savings opportunities and capture more value from each.
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Real user data aggregated to summarize the product performance and customer experience.
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82 Likeliness to Recommend
2
Since last award
97 Plan to Renew
84 Satisfaction of Cost Relative to Value
1
Since last award
Emotional Footprint Overview
+78 Net Emotional Footprint
The emotional sentiment held by end users of the software based on their experience with the vendor. Responses are captured on an eight-point scale.
How much do users love Oracle Sourcing?
Pros
- Trustworthy
- Fair
- Reliable
- Inspires Innovation
Emotional Footprint
How to Read
Positive
Neutral
Negative
The Net Emotional Footprint measures high-level user sentiment towards particular product offerings. It aggregates emotional response ratings for various dimensions of the vendor-client relationship and product effectiveness, creating a powerful indicator of overall user feeling toward the vendor and product.
While purchasing decisions shouldn't be based on emotion, it's valuable to know what kind of emotional response the vendor you're considering elicits from their users.
Footprint
Feature Ratings
Catalog Management
Procurement Management
Auction Management
Workflow Management
Contract Management
Market Assessment
Supplier Management
Capacity Management
Communications
Spend Analysis
ERFx
Vendor Capability Ratings
Ease of Data Integration
Product Strategy and Rate of Improvement
Business Value Created
Availability and Quality of Training
Ease of IT Administration
Vendor Support
Quality of Features
Ease of Customization
Usability and Intuitiveness
Ease of Implementation
Breadth of Features
Oracle Sourcing Reviews
Naveen D.
- Role: Finance
- Industry: Finance
- Involvement: IT Leader or Manager
Submitted Mar 2024
Easy to Use
Likeliness to Recommend
What differentiates Oracle Sourcing from other similar products?
1- Huge library. 2- Rich community support. 3- Recovery and backup features.
What is your favorite aspect of this product?
The rate for the services provided are quite good compared to others
What do you dislike most about this product?
WAF is difficult to write rules and manage.
What recommendations would you give to someone considering this product?
its integrity and support me every time at time of difficulty and high level of security.
Pros
- Helps Innovate
- Continually Improving Product
- Reliable
- Performance Enhancing
- Role: C-Level
- Industry: Other
- Involvement: Business Leader or Manager
Submitted Sep 2023
Easy to use
Likeliness to Recommend
Pros
- Helps Innovate
- Trustworthy
- Efficient Service
- Effective Service
Theodore O.
- Role: Finance
- Industry: Finance
- Involvement: End User of Application
Submitted Aug 2023
Excellent procurement tool.
Likeliness to Recommend
What differentiates Oracle Sourcing from other similar products?
The procedure is extremely simple, with all of the functionality required to complete the procure-to-pay cycle. Oracle employs the best industry practices, which are employed here. The user interface, reports, and inquiries are really useful. OTBI reports are excellent for real-time activities. Approvals are simple and available at several levels. Supplier negotiating and supplier registration are quite helpful in identifying the best suppliers for the organization. Oracle Sourcing is a platform that provides numerous options for customers and suppliers without the use of intermediaries.
What is your favorite aspect of this product?
I appreciate Oracle Procurement Cloud because it is software that allows me to streamline, automate, and customize procurement processes throughout the organization. It enables me to carry out a quick and efficient procurement procedure, which enhances my relationship with my suppliers while also lowering my costs. Day-to-day procurement activities such as contract administration, purchasing, negotiation, and even collaboration have been eased for me.
What do you dislike most about this product?
It is still in the maturation stage, but Oracle is taking good care of it. The application gets better with each new release. Sometimes features are stated but are not available until the next version, which might be inconvenient. To find out the status, we must keep up with the SR.
What recommendations would you give to someone considering this product?
It simplifies and organizes my data’s chores and work processes, and its interaction with other systems has helped me solve numerous problems due to its high compatibility. The quality of their cloud service is excellent, and it saves me a lot of time and effort. It is a highly effective solution in its class. The Sourcing module has an outstanding feature set. It appears that I can perform everything in Oracle Sourcing rather than using various tools. RFQ management, punchouts, and so on are beneficial. Completely recommended by me.
Pros
- Helps Innovate
- Continually Improving Product
- Performance Enhancing
- Enables Productivity
