| Developers: | Oracle |
| Date of the premiere of the system: | 2014/07/29 |
| Technology: | Project management systems, Accounting systems |
Oracle Project Procurement is the solution of purchase planning, a part of a packet of business solutions of Oracle E-Business Suite.
On July 29, 2014 Oracle announced an output to the market of a new solution, for rational purchase planning.
The product supplements the set of applications of Project Portfolio Management and Procurement. Besides, the solution is easily integrated with applications from a packet of Oracle E-Business Suite Advanced Procurement.
The basic purpose of a new solution - to help the project managers and participants responsible for purchase, to communicate about requirements to the purchased goods and services.
New software helps heads to set, store and distribute quality requirements and costs of purchases. The software collects data and on the basis of them "prompts" to the head - as it is rational to organize purchases for the project.
The analytical and predictive functionality of the application is implemented on the basis of the corporate platform of collecting and data analysis of Oracle Endeca Information Discovery that facilitates planning process of purchases.
As a part of a product tools for increase in transparency regarding financial statements on purchases.
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