The Future of Procurement is Here!

Tom Anthony
Vice President
Oracle Procurement Product Strategy

Copyright © 2021, Oracle and/or its affiliates

Safe harbor statement

The following is intended to outline our general product direction. It is intended for information
purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any
material, code, or functionality, and should not be relied upon in making purchasing decisions. The
development, release, timing, and pricing of any features or functionality described for Oracle’s
products may change and remains at the sole discretion of Oracle Corporation.

2
Copyright © 2021, Oracle and/or its affiliates
Oracle Cloud Procurement
A Complete and Modern Source to Settle Solution

Contracts Requisitions Purchase

Orders
Negotiations Receipts

Manage
Source Contract Purchase Settle
Suppliers Suppliers Invoices and
Payments

Supplier
Sourcing Procurement Supplier Portal
Qualification
Contracts Management

Self Service Purchasing Payables Procurement

Procurement Analytics
Recent Enhancement Highlights
INDUSTRY DEPTH

Complex Procurement

Ensure contractual compliance of

Ensure completion of project work with automated
contractors and subcontractors withholding of agreed upon contract price until substantial
completion
Minimize acquisition risks through Enable organizations to procure complex work through a
use of negotiated payment terms schedule apportioning the cost, work and payment terms
for the overall contract
Provide transparency into services Improve accuracy and efficiency of supplier invoicing and
spend using payment schedules payment when procuring complex work

for fixed price services

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INDUSTRY DEPTH

Project Driven Supply Chain

Control project risk with end-to-

end planning, execution & visibility Utilities & High Tech & Industrial
Communications Manufacturing
Improve operational efficiencies by
Manage the build and Deliver products along with service
maximizing the utilization of project maintenance of assets such as needs all activities of supply chain to
and common supplies for project cellular networks, grids or be segregated by a specific project to
Demands pipelines, in compliance with ensure end-to end integrity of supply
organizational budgets, and and their associated costs and
capitalize the cost of investment invoices customers based on either
Facilitate the delivery of services as subject to regulatory requirements project percent complete or
a component for fulfillment milestone completion

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Fusion Analytics
Warehouse

• Spend Analytics out of the box

• What-if analysis and scenario modeling
• Data augmentation with other cloud and on-
premise sources
• Regular Updates

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Spend Classification (21C)

Define Create Process . Assess Review

Taxonomy + Training Set Knowledge Base Un/Miscategorized Data Classification Results Before vs. After

New solution can classify and reclassify spend data

• AI reviews transactional data and recommends category classification
• Reclassified data and original classification available for reporting

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 Oracle DataFox Supplier Intelligence
DataFox Supplier Intelligence (21C)

AI-sourced data integrated with Oracle Cloud Procurement

Data quality and Risk Real-time Real-time

firmographics indicator score risk alerts risk data signals

Update and enrich and Customized scoring Monitor real-time Leverage real time
supplier profiles. models provide a signals data to deliver signal data about
Leverage validated data real-time scores to real-time alerts on your suppliers for
for supplier creation expose potential potential supplier in-the-moment
and registration flows supplier risk difficulties intelligence

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DataFox Supplier Intelligence (21C)

WhatCo

Supplier Intelligence
delivered WhatCo

WhatCo

Signals and risk scores WhatCo (OTCMKT:WHAT)

easy to access

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DataFox Supplier Intelligence Signals

WhatCo

WhatCo

WhatCo (OTCMKT:WHAT)

Timely data signals Monitor risk Actionable intelligence

Leverage real time signal Signals deliver real-time news and Identify when suppliers are potentially at
data about your suppliers for information about your suppliers for risk and act before a risk event impacts
up-to-date intelligence in-the-moment intelligence your company

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A look at the road ahead…
Procure to Pay Investment Themes

Customer Driven Industry Depth

Enhancements Asset Intensive
Complex Procurement: Detailed
milestone rate and amount pay items
Embedded AI (21C)
DataFox Supplier Intelligence (21C) Complex Procurement: Supplier work
AI Spend Classification (21C) confirmation
AI Supplier Recommendations
Process Manufacturing
Improved User Experience Dual UOM / catch weight
Next Generation Mobile Procurement
Next Generation Desktop Procurement Federal attributes and validation
Streamlined Supplier Communications
Healthcare:
GPO pricelist management (21C)
Item replacement

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Oracle Fusion Cloud Applications Suite
Roadmap: Procurement

Update 21C Upcoming Future

Procurement Management Procurement Management Procurement Management

• Complex Purchase Orders – Pay Items • New Self Service Procurement Mobile • New Desktop Self Service Procurement
• AI Spend Classification • Improved Status and Lifecycle • Complex Purchase Orders – Work Confirmation
• View Purchase Order Schedule Fulfillment • Dual UOM Enhancements • Intelligent Shopping
Summary • Approval Improvements Strategic Sourcing
• Improved Master Item Search Capabilities Strategic Sourcing • Sourcing AI Supplier Suggestion
• External Purchase Prices • Very Large Negotiation Support • Scenario Based Award Analysis
Strategic Sourcing • Composite Score Based Overall Rank • Staggered/Re-open Award
• BI Publisher Negotiation Award Approval • Section Level Weights • Internal Cost Factor Formulas
• Send Lines Response Spreadsheet in Supplier • Send Attachments to Approvers Supplier Management
Invitation • Enable Parent Supplier Contacts • Supplier Risk Mitigation
• Bulk Upload Requirements with VBCS Plug-in Supplier Management • SQM Automated Actions
• OTBI External Cost Factors • Supplier Address Change Management • SQM Additional Qualification Levels
Supplier Management • Streamlined Supplier OBN Setup • SQM Multi-Language Support
• DataFox Supplier Intelligence Enhanced Usability Contract Management
• SQM Enhanced Surveys REST Services • Contact Data Extraction
Contract Management • Contract Digitization and OCR
• Supplier Ability to Search and View Contracts AI for Contract Management
• Share In Progress Contracts in Supplier Portal
• Contract Expert AI
Enhanced Usability Enhanced Usability
REST Services REST Services

6/15/21 Restricted to event use by

The above is intended to outline our general product direction. It is intended for information purposes only, and may not be incorporated into any contract. It is development executives only.
not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, Copyright © 2021 Oracle and/or its
timing, and pricing of any features or functionality described for Oracle’s products may change and remains at the sole discretion of Oracle Corporation. affiliates. All rights reserved
Upcoming: New Self Service Procurement Mobile

Homepage with recent purchases Search autosuggest Cart

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Upcoming Procurement Management

Improved Status and Lifecycle

• Ability to view lifecycle status of a requisition and take action from the my requisitions region.
Dual UOM Enhancements
• Ability to order in one unit of measure and price in a secondary UOM. Note: This is part of a broader
SCM initiative to support Dual UOM process flows.
Approval Improvements
• There are a number of usability and functional improvements planned for approvals that will be
delivered across several updates.

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Upcoming Strategic Sourcing

Very Large Negotiation Support

• Improved processing of negotiations with very large volume of lines (10,000+).
Composite Score Based Overall Rank
• Derive overall rank based on a composite score of pricing and requirements.
Section Level Weights
• Add weights for each requirement section.
Send Attachments to Approvers
• Send Attachments to Negotiation and Award Approvers.
Enable Parent Supplier Contacts
• Allow Parent Supplier Contacts to access negotiations.

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Upcoming Supplier Management

Supplier Address Change Management

• Adds Supplier Address to the list of attributes supported for review and approval upon change.
Streamlined Supplier OBN Setup
• Automatically identify suppliers that are already connected to OBN for electronic communication.

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Thank you!

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