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Discover how Oracle ERP Cloud's Touchless Buying streamlines procurement, automating requisition-to-purchase orders and enhancing efficiency and accuracy.
Touchless buying, also known as automated ordering, is a streamlined procurement process where orders are generated and managed automatically without the need for manual intervention. This process uses advanced technologies to replicate traditional procurement steps, including:
Touchless buying accelerates the procurement workflow, reduces human error, and ensures consistent compliance with pre-set standards. By minimizing manual effort, businesses can focus on more strategic tasks, improving overall efficiency and cost-effectiveness in supply chain management.
Oracle Cloud has introduced a groundbreaking concept known as “Touchless Buying.” This innovative approach revolutionizes the purchasing process by eliminating the need for manual intervention.
In essence, Touchless Buying allows for the seamless transformation of an approved requisition into a purchase order, all without the involvement of human agents. This automated order-creation process operates effortlessly, requiring no manual input from procurement agents. It streamlines the entire workflow, ensuring efficiency and accuracy at every step.
Automated ordering, also known as touchless purchasing, replicates the manual process through the following steps:
To enable the Touchless Buying process, several configurations are necessary:
Fig .1: Negotiated check box in requisition form
Fig.2: Configure Procurement Business Function Setup
– From Buyer Assignment Rules Setup
– From the Buyer assigned to the Item on the Item Definition in the Delivery –To Org selected on the Requisition line.
– From the Procurement BU’s Default Buyer –
Navigation: Setup & Maintenance: Configure Procurement Business Function
Fig 3. Configure Procurement Business Function Setup
Here’s a simplified workflow for using Touchless Buying:
Fig.4: Purchase Requisition Creation Screen
Fig.5: Enter Requisition Line Page
Fig.6: Requisition Line Form page
Fig.7: Supplier and Supplier Site Details
Fig.8: Adding into the Cart
Fig.9: Requisition Submitted Confirmation
Fig .10: Purchase Orders Creation Screen
Fig.11: Manage Orders Screen for Searching Purchase Order
Fig.12: Purchase Order Validation
Here are the business benefits of Oracle ERP cloud touchless buying:
Imagine a scenario where requisition lines are marked as “Negotiated,” and without the need for any purchase agreement reference, they seamlessly transform into purchase orders. This eliminates the delays and complexities associated with manual interventions.
The key to this automated magic lies in enabling the “Negotiated” checkbox. When activated, this feature signifies that all prices have been diligently negotiated with the supplier, allowing for a touchless buying experience. This not only accelerates the procurement process but also enhances accuracy and compliance.
Oracle ERP Cloud’s Touchless Buying represents a significant leap forward in procurement efficiency. By automating the transition from requisitions to purchase orders and empowering touchless buying, organizations can simplify their procurement processes, reduce manual work, eliminate delays, and improve accuracy and compliance. Embracing this innovative approach can revolutionize how businesses manage their purchasing operations, making them more efficient and agile in the modern business landscape.
Author: Srinivas Mamidi, Oracle Cloud SCM Functional Consultant
Simplify Processes, Improve Productivity, Gain Agility, and Increase ROI with the future-proof and AI-driven Oracle ERP Cloud.
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