Oracle Procurement
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Oracle Named a Leader in 2026 Gartner® Magic Quadrant™ for Source-to-Pay Suites
Prnewswire· 2026-02-02 13:00
Core Insights - Oracle has been recognized as a Leader in the 2026 Gartner Magic Quadrant for Source-to-Pay Suites for its Oracle Fusion Cloud Procurement, highlighting its strong Ability to Execute and Completeness of Vision [1][4] Group 1: Oracle Procurement Capabilities - Oracle Procurement leverages embedded AI and analytics to enhance source-to-pay processes, improve spend visibility, and foster supplier collaboration, addressing the increasing pressure on procurement leaders to operate efficiently [2] - The solution aims to reduce risk, optimize savings, and improve profitability through integrated source-to-settle capabilities and automation of finance and supply chain processes [2][6] - Key features include AI-driven supplier management, strategic sourcing, streamlined requisition and ordering processes, and enhanced contract lifecycle management [6][7] Group 2: Oracle Fusion Applications - Oracle Fusion Applications provide a comprehensive suite of AI-powered cloud applications that facilitate faster execution, smarter decision-making, and cost reduction across various organizational functions [3][7] - The applications integrate finance, HR, supply chain, and customer experience data on a single platform, promoting standardization and breaking down organizational silos [3]