Title: Oracle%20Procurement%20On%20Demand%20Procurement%20and%20Spend%20Analytics%20Spend%20Classification%20Mary%20Burns%20Solutions%20Consultant
1Oracle Procurement On Demand Procurement and
Spend Analytics Spend ClassificationMary
BurnsSolutions Consultant
2Safe 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 decision.
The development, release, and timing of any
features or functionality described for Oracles
products remains at the sole discretion of Oracle.
2
3What is Procurement On Demand ?
4Oracle Procurement on DemandSolution details
- A packaged Procurement On Demand solution that
includes - Procurement Software Solution
- Spend Classification and Spend Analytics,
Sourcing Sourcing Optimization, Procurement
Contracts, iProcurement - Additional modules (Purchasing, OSN, XML Gateway)
may be included based on specific implementation
details - Pre-Packaged UPK for self service learning
- Pre-packaged integrations to Oracle ERP solutions
as applicable - Oracle Premier Support
- Innovative, industry leading product support
- Immediate access to latest innovations thru
future product releases - Hosting, Application Management and Functional
Service Desk On Demand Services - Rapid Implementation with software configuration
and data setup - Functional Help Desk
- Service delivery manager to guide and ensure
rapid time to value - Flexible customer payment options including
monthly fees - Standard sales/business practices as traditional
license sales model
5Oracle Procurement On DemandWorks with existing
ERP investment
Community
Messaging Platform
Business Process Services
On Demand
On Premise
6Optimized for Procurement On DemandWhat has
changed? - Right level of On Demand service at
low cost
- Scaled for Procurement workloads
- Few infrequent users of Strategic Procurement
- Access to suppliers from outside the firewall
- Low concurrency, large number of requisitioners
- Single code base across customers with embedded
best practice templates - Expert software configuration services
- Rapid system configuration based on customer
requirements - Template based data upload to accelerate go-live
- Live 24x7 functional help desk in addition to
Oracle technical support - Available for both buyer as well as supplier
community - Support for multiple languages
- Spanish, Japanese, Chinese, German etc.
- Dedicated service delivery manager to ensure
rapid customer ROI
Hosting App Mgmt
Functional Help desk
7Spend Classification
8Agenda
- What is Spend Classification ?
- Business Challenges
- Challenges in Spend Management
- Oracle Solution
- Demo
- QA
9Agenda
- What is Spend Classification ?
- Business Challenges
- Challenges in Spend Management
- Oracle Solution
- Demo
- QA
10Spend Management At-a-GlanceWhat is Spend
Classification ?
Spend Classification
11Agenda
- What is Spend Classification ?
- Business Challenges
- Challenges in Spend Management
- Oracle Solution
- Demo
- QA
12Business Challenges
- Meet Performance Targets
- How can I partner with suppliers to reduce the
cost of doing business? - How can I reduce the costs of managing supply and
replenishment?
- Increase Responsiveness
- How can I reduce/ eliminate out of contract
purchases? - How can I eliminate info gaps between
procurement, suppliers, and internal stakeholders?
Your Company
Suppliers
- Expand Collaboration
- How can I renegotiate to sign mutually beneficial
Agreements ? - How can I scale collaborative processes across
the enterprise?
- Meet Financial Targets
- How can I control Maverick Spending
- How can I prevent Contract Leakage
13One Approach To Tackle Challenges To control
indirect spend
- Which Commodity has the highest spend ?
- Which Products are highest contributors ?
- Are there Purchasing Agreements for these
products ? - Who are your Suppliers?
- And how is their performance ?
- How can we renegotiate agreements ?
13
14Agenda
- What is Spend Classification ?
- Business Challenges
- Challenges in Spend Management
- Oracle Solution
- Demo
- QA
15Spend ManagementChallenges
- Incorrect classification
- Use of Miscellaneous categories
- Multiple Enterprise Taxonomies Standardization
- Lack of granularity
16Challenges in Spend ManagementIncorrect
classification
17Challenges in Spend ManagementUse of
Miscellaneous categories and Lack of granularity
vs.
17
18Challenges in Spend Management Multiple
Enterprise Taxonomies Standardization
- Disparate Categories
- Corporate vs.
- Strategic Business Unit vs.
- Regional Centers
- Standardization
- UNSPSC
- Or
- Custom Categories
19Agenda
- What is Spend Classification ?
- Business Challenges
- Challenges in Spend Management
- Oracle Solution
- Demo
- QA
20Spend ClassificationArchitecture Overview
Enterprise Applications
- Requisitions
- Purchase Order
- Receipts
- Invoices
- Expenses
- Other Documents
Legacy/Sap
Procurement and Spend Analytics
Supplier Description
Item/Invoice Description
Categories Description
Classification
Interactive UI to Manage Classification
ODM
UNSPSC Code
Custom Classification
Oracle Data Mining
Taxonomy
21Spend ClassificationBenefits
With Oracle Spend Classification
Earlier
vs.
- Time Consuming
- Inconsistent
- In Accurate
- Automated
- Consistent
- Accurate
22Spend ClassificationHow it works
23Spend Classification Only Oracle Delivers
Complete Spend Classification
- Sow Once Reap Many
- Improves its capability with your feedback
- Enrich the system Increase the accuracy
Intelligence based learning system
Within your firewall
- No risk on Security of your data
- No transfer to service provider involved
Assisted Classification (patent pending)
- ODM Proven Data Mining Tool
- Accurate information for manual entry
In-Line option
- Correct data at document creation
23
24Agenda
- What is Spend Classification ?
- Business Challenges
- Challenges in Spend Management
- Oracle Solution
- Demo
- QA
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25Spend Classification
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30EBS Categories
Spend Classification Categories
31InLine Classification - iProcurement
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35Spend Classification Summary
- Streamline spend processes
- Improve accuracy of spend data
- Avoid manually classifying data - Reduce cost of
classifying data - Built for business users
- Automated self learning - Built with Oracle Data
Miner - OBIEE based
36Q
A
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