EBS Services Procurement

Oracle® Services Procurement is the application that enables complete control and oversight for services spending. It is a key component of Oracle Advanced Procurement, the integrated suite that dramatically cuts all supply
management costs.

• Create contracts for services with complex payment terms
• Incorporate progress payment schedule into services contracts
• Track and report progress based on schedule
• Release progress payments
• Recoup advance payments
• Apply retainage to complex services invoices
• Rate cards and job-standardization

With Oracle Services Procurement, you can
• Maximize supplier savings,
• Improve compliance and increase visibility into your company’s spending for contingent labor and complex services.

As a part of Oracle’s Procure-to-Pay solution, Oracle Services Procurement delivers:
• Measurable savings,
• Reduced maverick spend
• Greatly simplified process for procuring and managing services of all kind
• Requesters can easily purchase the services they need while being directed to preferred vendors and pricing
• For purchasing managers, Services Procurement delivers powerful tools for managing catalogs, contracts and