Modern age procurement is pressed for cost savings in order to enhance the profit margin for the organization. They are even pushed to manage the company’s source to pay cycle under resource constraint. Thus in order to meet the challenges, organizations must invest in technology which mainly focuses on two aspects – Enabling the workforce with better equipped tools to make wise purchase and through approved suppliers to realize the negotiated price and managing the source to pay cycle effectively. This incorporates the need to find and evaluate the potential suppliers, negotiate terms and cost along with quick onboarding of the approved supplier
Oracle Procurement Cloud is a comprehensively designed solution to simplify and modernize an organization’s procurement infrastructure that streamlines source to pay process through automation and social collaboration. With Procurement Cloud, organization can gain more efficient, effective and data-driven procurement by keeping a cap on the cost to attain better profit margins. It is a modern application suite built to address the modern age business challenges meant to revolutionize the procurement operations of any organization
Trinamix team is exclusively focused on Oracle Technologies. We have a rich experience which cuts across various horizontals and verticals of Industry. We are constantly evolving and scaling new horizons. In our pursuit to excellence, now we have extended our capabilities from planning to execution to orchestrate a seamless business process for enterprises.
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