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Oracle unveils Oracle Sourcing On Demand

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CIOL Bureau
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REDWOOD SHORES, CA, USA: Oracle unveiled Oracle Sourcing On Demand, a software-as-a-service solution that drives more efficient and effective strategic sourcing.

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Based on Oracle Sourcing and Oracle Sourcing Optimization, part of the Oracle E-Business Suite Release 12, Oracle Sourcing On Demand is pre-configured and hosted by Oracle experts, enabling reduced time-to-value and accelerated ROI.

Leveraging Oracle On Demand, this latest offering helps eliminate IT inhibitors such as protracted upgrade cycles and privacy and security restrictions and allows organizations to reduce the capital expense of purchasing hardware.

Features:

Sourcing More Spend In Less Time. Oracle Sourcing On Demand makes it easier to complete sourcing events, ensure agreements are implemented as soon as they are signed and generate more effective contracts.

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Sourcing for Lowest Total Cost. This latest offering also enables cross-functional collaboration among experts from finance, purchasing and lines of business in order to easily optimize cost, quality, risk and innovation.

Creating Long Term Savings. Oracle Sourcing On Demand includes packaged integration with procurement applications, such as Oracle Purchasing, to help ensure that the right information is available within the relevant system.

Achieving a Rapid Go-Live. Organizations only need a browser in order to utilize Oracle Sourcing On Demand. Oracle hosts and manages all of the additional functionality, hardware, databases, servers, firewall settings and pre-configured applications.

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Building End-User Expertise. In addition to standard technical support, the solution also provides a dedicated helpdesk with access to functional experts.

Avoiding infrastructure selection and configuration. Oracle Sourcing On Demand is provisioned via Oracle On Demand’s world-class infrastructure and hosting services.

Outsource ongoing maintenance. Relying on this latest offering, Oracle frees customers from maintenance responsibilities and expenses, handling everything from routine application patches, to managing integrations and addressing urgent issues.

Meeting stringent audit requirements. Oracle On Demand meets the highest security standards and regulations and has been validated to meet SAS70 Type II requirements.