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Oracle Procurement Cloud vs PeopleSoft eProcurement comparison

 

Categories and Ranking

Oracle Procurement Cloud
Ranking in Procurement Software
2nd
Average Rating
8.0
Number of Reviews
1
Ranking in other categories
No ranking in other categories
PeopleSoft eProcurement
Ranking in Procurement Software
9th
Average Rating
0.0
Number of Reviews
0
Ranking in other categories
No ranking in other categories
 

Mindshare comparison

As of December 2024, in the Procurement Software category, the mindshare of Oracle Procurement Cloud is 17.9%, up from 15.6% compared to the previous year. The mindshare of PeopleSoft eProcurement is 2.1%, down from 2.2% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Procurement Software
 

Featured Reviews

KM
Highly customizable, scalable and seamlessly integrates
Off late, most of my customers, where I see a trend, are long-standing heavily customized major customers on ERP (Enterprise Resource Planning) on EBS who want to convert themselves to the cloud, and they expect us to provide the same level of customizations that EBS supports them in the cloud. So that's the challenge where we are currently. We have a few strategic advisory accounts like that, and we are evaluating those customizations to see how we can plug them as part of the solution offering so that the customer retains their current custom behavior and they don't have to deal with too many changes with their users. And that's the biggest change that we are working on. And there is a bundle of such initiatives that we do internally. Custom roles are one such thing. There are several areas of improvement. In the procurement cloud, we have today the landed cost management, where there's a lot of flexibility, which has been given on the cloud side in terms of costing. So the license and pricing have become a little complex area. And then auto management has completely changed in the cloud, the way the pricing strategy has been. It's been more complex and more flexible in the cloud. So that's the second area where we see challenges. These two, plus yes, now with self-service procurement, the dynamics have changed in global procurement, where the corporate will do the billing and invoicing, and we can do it from any big use, placing purchase orders and all that, the consolidation and the dynamics of testing. So these are some of the things which have greater flexibility, but at the same time, there is complexity in terms of implementation. We try to implement everything within the same window of the same customer window of six months. In future releases, I would like to see the idea of automating the period close process, which would be beneficial for sustenance after go-live. It is more like sustenance, both go live. If there is a mechanism where the period close can be automated, or it can be if the product can come up with a dashboard specifically for that, which ties with the sequence of the sub-ledgers, what are the conflicts to close the sub-ledger areas to facilitate and close the ledger area? Which consumer buying? That's one initiative or one idea that I'm thinking about. There are quite a few like that, which are more from the sustenance standpoint, more than the implementation standpoint.
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Top Industries

By visitors reading reviews
Educational Organization
19%
Financial Services Firm
10%
Manufacturing Company
7%
Healthcare Company
6%
No data available
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
No data available
No data available
 

Questions from the Community

What do you like most about Oracle Procurement Cloud?
Oracle is suitable for those large enterprises that heavily rely on customizations.
What is your experience regarding pricing and costs for Oracle Procurement Cloud?
There are decent margins. But we do face challenges, and sometimes we need to support our margins as the cost of investment is high, especially during the initial phases. But over a period of time,...
What needs improvement with Oracle Procurement Cloud?
Off late, most of my customers, where I see a trend, are long-standing heavily customized major customers on ERP (Enterprise Resource Planning) on EBS who want to convert themselves to the cloud, a...
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Also Known As

Procurement Cloud
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Overview

 

Sample Customers

BUYDEEM, Capgemini, Asahi Refining
Lone Star College System, Jefferson County Public Schools