oracle procurement cloud implementation for a leading ... · pdf filecontracts weblogic, soa...

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Business Need The customer’s Procurement through Payment process was managed by multiple systems, resulting in inconsistent procurement and high cost of ownership To add to this, multiple and disparate Enterprise Information Systems caused integration issues Lack of visibility and transparency into corporate-wide spending resulted in excessive spending on goods and services To address these issues, the customer embarked on a company-wide IT transformation program to implement Oracle Cloud Applications Oracle Cloud Applications was chosen to replace customer’s existing Oracle E-Business Suite Procurement application, Ariba and custom legacy systems Technology Platform Oracle Cloud Applications (Oracle on Demand) Procurement Sourcing Contracts WebLogic, SOA, WebCenter, Identity and Access Management, Business Intelligence Solution Implemented Oracle Procurement Cloud which includes Procurement, Sourcing and Contracts modules One of the largest footprints of Oracle Cloud Applications implementations worldwide, involving 2700+ active users of Oracle Procurement Cloud and 50,000+ Purchase Orders per month Five versions of the Cloud Application were upgraded (this included five rounds of CRPs) within the project timeline to reach a stable version of Oracle Procurement Cloud Applications 400+ functional test cases used during User Acceptance Testing Oracle Procurement Cloud Implementation for a Leading Provider of Title Insurance and Settlement Services case study | october 2016 Case Study

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Page 1: Oracle Procurement Cloud Implementation for a Leading ... · PDF fileContracts WebLogic, SOA ... Oracle Procurement Cloud Implementation for a Leading Provider of Title Insurance and

Business Need

The customer’s Procurement through Payment process was managed by multiple systems, resulting in inconsistent procurement and high cost of ownership

To add to this, multiple and disparate Enterprise Information Systems caused integration issues

Lack of visibility and transparency into corporate-wide spending resulted in excessive spending on goods and services

To address these issues, the customer embarked on a company-wide IT transformation program to implement Oracle Cloud Applications

Oracle Cloud Applications was chosen to replace customer’s existing Oracle E-Business Suite Procurement application, Ariba and custom legacy systems

Technology Platform

Oracle Cloud Applications (Oracle on Demand)

Procurement

Sourcing

Contracts

WebLogic, SOA, WebCenter, Identity and Access Management, Business Intelligence

Solution

Implemented Oracle Procurement Cloud which includes Procurement, Sourcing and Contracts modules

One of the largest footprints of Oracle Cloud Applications implementations worldwide, involving 2700+ active users of Oracle Procurement Cloud and 50,000+ Purchase Orders per month

Five versions of the Cloud Application were upgraded (this included five rounds of CRPs) within the project timeline to reach a stable version of Oracle Procurement Cloud Applications

400+ functional test cases used during User Acceptance Testing

Oracle Procurement Cloud Implementation for a Leading Provider of Title Insurance and Settlement Services

case study | october 2016

• Case Study

Page 2: Oracle Procurement Cloud Implementation for a Leading ... · PDF fileContracts WebLogic, SOA ... Oracle Procurement Cloud Implementation for a Leading Provider of Title Insurance and

300+ Severity 1 Service Requests (SRs) among a total of 2000+ SRs logged with Oracle

Enhanced requisition approval rules based on a combination of category codes, cost center, supervisor and supplier information

Developed web service integration to import employee data on a daily basis into Oracle Procurement Cloud applications in a co-existence model from an external HR application

Extensive use of Transaction Account Builder to automatically derive the expense account on requisitions, using price and category information

Definition of Oracle Cloud Applications custom roles using Oracle Identity Management (OIM) and Oracle Authorization Policy Manager (APM) framework based on SOX requirements

Benefits

Integrated Procure-to-Pay Business Process

Shared data model for all master data elements such as suppliers, COA, items, locations and so on

Automated, synchronized, consolidated interfaces between Oracle Procurement Cloud (Purchasing) and Oracle EBS Accounts Payables

Increased Purchasing Efficiency

Standardized end-to-end Procure-to-Pay process, policies and systems

Reduced cost (~20%) per Purchase Order

Better vendor management, quality control, and increased use of Purchase Orders

Economies of Scale

Spend by products, category, and suppliers for dynamic spend optimization

Procurement contracts provide improved contract compliance and visibility

Improved Process Control

Improved spend visibility

Supplier performance and risk management improved supplier management and visibility

© Copyright 2016, Cognizant. All rights reserved. No part of this document may be reproduced, stored in a retrieval system, transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the express written permission from Cognizant. The information contained herein is subject to change without notice. All other trademarks mentioned herein are the property of their respective owners.

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