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Oracle E-Business Suite iProcurement vs Oracle Procurement Cloud comparison

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Review summaries and opinions

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:
 

Categories and Ranking

Automation Anywhere
Sponsored
Average Rating
8.4
Reviews Sentiment
6.9
Number of Reviews
662
Ranking in other categories
Business Process Management (BPM) (2nd), Robotic Process Automation (RPA) (2nd), Process Mining (1st), Intelligent Document Processing (IDP) (1st), Agentic Automation (1st), Business Orchestration and Automation Technologies (2nd), AI Legal & Compliance (1st), AI Finance & Accounting (2nd), AI Procurement & Supply Chain (1st)
Oracle E-Business Suite iPr...
Average Rating
9.0
Number of Reviews
3
Ranking in other categories
Procurement Software (2nd)
Oracle Procurement Cloud
Average Rating
8.0
Number of Reviews
1
Ranking in other categories
Procurement Software (4th)
 

Featured Reviews

Venkat Sivaprakash - PeerSpot reviewer
Management Consultant at Accenture
Has significantly improved document-driven workflows and reduced processing time across finance and HR functions
Automation Anywhere has evolved significantly and upgraded itself to provide agentic AI and AI-based automation solutions for document automation. The product has matured considerably over time. We can create workflows that can call an API. We can include prompts in particular workflows for ChatGPT-related functions, connecting to an LLM and RAG to perform tasks. For document automation, modern features are available to train documents, ensuring high accuracy and repeatability over time. The system is very easy to use. I recently completed a course in document automation, typically designed for people involved in coding and technical aspects. Though I understand coding comprehensively, I don't do actual coding. The course was very accessible. Currently, extensive coding isn't necessary due to the hybrid model incorporating GenAI aspects, low-code, no-code capabilities, APIs, and numerous pre-built objects in Automation Anywhere. The features include GenAI-driven prompting methods and workflow creation capabilities. In these workflows, we can create decision boxes and call APIs without coding. We simply pull objects, drop them, connect them, and add minimal coding when needed. The most crucial aspect isn't coding but rather sizing the automation and fleshing out the details. Automation Co-pilot takes notes and performs automated analysis. It can extract details from videos, summarize conversations, and provide detailed information. During calls, it identifies instructions and performs tasks such as preparing reports and reconciliation. Automation Anywhere can also connect with Microsoft Co-pilot. Through Co-pilot, real-time operations can be executed, allowing direct interaction between vendors and automation through this component.
AK
Technical Consultant at AAK
Cloud procurement has automated requisitions and approvals and delivers stronger purchasing control
The features and capabilities of Oracle E-Business Suite iProcurement that I have found most valuable include its market reputation, its ability to automate all processes such as creating requisitions and receiving items, and its e-commerce interface that allows vendors and suppliers to browse and automate tasks. I was engaged with the team for the initial setup and deployment of Oracle E-Business Suite iProcurement, providing technical support which helped me understand its main features, the use of iProcurement, and why people consider the shopping experience and automation to be excellent, with increased efficiency and control resting with the company's key personnel who oversee notifications and similar functions. The catalog for suppliers to access content and categories makes it a very flexible tool.
KM
Associate Director Delivery at Apps Associates
Highly customizable, scalable and seamlessly integrates
Off late, most of my customers, where I see a trend, are long-standing heavily customized major customers on ERP (Enterprise Resource Planning) on EBS who want to convert themselves to the cloud, and they expect us to provide the same level of customizations that EBS supports them in the cloud. So that's the challenge where we are currently. We have a few strategic advisory accounts like that, and we are evaluating those customizations to see how we can plug them as part of the solution offering so that the customer retains their current custom behavior and they don't have to deal with too many changes with their users. And that's the biggest change that we are working on. And there is a bundle of such initiatives that we do internally. Custom roles are one such thing. There are several areas of improvement. In the procurement cloud, we have today the landed cost management, where there's a lot of flexibility, which has been given on the cloud side in terms of costing. So the license and pricing have become a little complex area. And then auto management has completely changed in the cloud, the way the pricing strategy has been. It's been more complex and more flexible in the cloud. So that's the second area where we see challenges. These two, plus yes, now with self-service procurement, the dynamics have changed in global procurement, where the corporate will do the billing and invoicing, and we can do it from any big use, placing purchase orders and all that, the consolidation and the dynamics of testing. So these are some of the things which have greater flexibility, but at the same time, there is complexity in terms of implementation. We try to implement everything within the same window of the same customer window of six months. In future releases, I would like to see the idea of automating the period close process, which would be beneficial for sustenance after go-live. It is more like sustenance, both go live. If there is a mechanism where the period close can be automated, or it can be if the product can come up with a dashboard specifically for that, which ties with the sequence of the sub-ledgers, what are the conflicts to close the sub-ledger areas to facilitate and close the ledger area? Which consumer buying? That's one initiative or one idea that I'm thinking about. There are quite a few like that, which are more from the sustenance standpoint, more than the implementation standpoint.

Quotes from Members

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:
 

Pros

"It is easy to use and developer-friendly. The development time is very short. If any system needs to be changed or any functionality needs to be incorporated to any of the technology, it usually will be a long process, like months. With this innovative tool's automation, it is very dynamic, easy to develop, and deliver results quickly. With some of our use cases, we were able to deliver within the time frame of two to three weeks, which is the biggest plus with this tool."
"Automation Anywhere can easily be adopted and learnt."
"We had some business users who created their first bot four weeks back, and they were thrilled; it was very easy for them because of the drag and drag, and they understood the process very well."
"We have already seen ROI, and we are already clocking in around 7000 hours of savings per month in terms of productivity."
"It helped agents process tickets with minimal errors and improved average handling time as they are able to close the tickets faster."
"The ROI is very good because the output is very accurate and the speed is very fast."
"It improved on 40+ % of manual effort which was a pain point for project budget and Project team SMEs."
"I like Automation Anywhere's document automation. It can distill or scan documents and convert the information into a structured format."
"It is a scalable solution."
"It is a scalable product."
"The features and capabilities of Oracle E-Business Suite iProcurement that I have found most valuable include its market reputation, its ability to automate all processes such as creating requisitions and receiving items, and its e-commerce interface that allows vendors and suppliers to browse and automate tasks."
"Oracle is suitable for those large enterprises that heavily rely on customizations."
 

Cons

"If we are getting input from a CSV file, we have to add one more layer of automation that first saves the data to an Excel file."
"Migration is a little challenging since it requires direct integration with DB, credential vault and all that."
"When it comes to reading email, this solution is unstable and improvements need to be made."
"The process discovery side needs improvement."
"Automation Anywhere is a tool. It is not able to go ahead and extract the hand-written documents."
"In the learning track, I was looking at the latest feature which is coming in A2019, which is very nice, because it is a web-based. So, we can do our development while sitting from anywhere. We don't need any type of installation. It's a web-based. Nowadays, everyone has the Internet."
"I would like centralized orchestration and better exception handling in the next release."
"However, it does not work as well with retrieving data from images."
"There could be a mobile application for the product."
"The interface lags a bit since it is a heavy application."
"Off late, most of my customers, where I see a trend, are long-standing heavily customized major customers on ERP (Enterprise Resource Planning) on EBS who want to convert themselves to the cloud, and they expect us to provide the same level of customizations that EBS supports them in the cloud. So that's the challenge where we are currently."
 

Pricing and Cost Advice

"Automation Anywhere falls within a mid-range price point when compared to other RPA tools on the market."
"Automation Anywhere is reasonably priced because it can sustain us for a long period."
"The solution itself is free unless we want to add the support option but we have to pay for the bots we use."
"The licensing fees are approximately $10,000 USD for between five and ten users."
"There is an annual subscription for Automation Anywhere."
"There are a lot of savings in terms of effort and time as well as costs. Automation Anywhere automates a lot of processes. It allows an organization to save the efforts of a lot people. It saves a lot of time because people can't work a whole day (24/7), but Automation Anywhere bots can."
"The setup cost for this is onetime and licensing is based on your choice of product."
"The cost for scalability is much cheaper than developing a new system."
"The product is more expensive than one of its competitors."
"The product is somewhat expensive. Only large organizations can handle such an application."
Information not available
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Top Industries

By visitors reading reviews
Outsourcing Company
15%
Financial Services Firm
12%
Manufacturing Company
10%
Comms Service Provider
10%
Comms Service Provider
13%
Manufacturing Company
12%
Financial Services Firm
9%
Healthcare Company
7%
Financial Services Firm
15%
Manufacturing Company
10%
University
8%
Media Company
7%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
By reviewers
Company SizeCount
Small Business158
Midsize Enterprise82
Large Enterprise558
No data available
No data available
 

Questions from the Community

How good is Automation Anywhere for RPA processes?
It depends on your use case. Is it simply to automate a couple of processes? Is it to augment a human team? AA is ver...
How good is Automation Anywhere for RPA processes?
From my experience using AA tool, it depends on the applications that you want to automate, because there some applic...
How good is Automation Anywhere for RPA processes?
It is a highly preferred RPA tool. You can check my Automation Anywhere Review to know more.
What needs improvement with Oracle E-Business Suite iProcurement?
The areas of Oracle E-Business Suite iProcurement that could be improved or enhanced cover a wide range, including an...
What advice do you have for others considering Oracle E-Business Suite iProcurement?
Regarding the pricing and licensing of Oracle E-Business Suite iProcurement, I do not have specific details, but I kn...
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Also Known As

Automation Anywhere, Testing Anywhere, Automation Anywhere Enterprise, Agentic Process Automation System (Now Certified for WorkSpaces)
E-Business Suite iProcurement
Procurement Cloud
 

Interactive Demo

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Overview

 

Sample Customers

Google, Linkedin, Cisco, Juniper Networks, DellEMC, Comcast, Mastercard, Quest Diagnostics
Portobello S.A., Gulf Air, Dubai Holding LLC, Grupo Aerom_xico SAB de CV, Flexera Software, Imperial College London, Byblos Bank SAL, Y-Telecom, Cyprus Telecommunications Authority, Trombini Embalagens S.A.
BUYDEEM, Capgemini, Asahi Refining