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Oracle E-Business Suite iProcurement vs Oracle Procurement Cloud comparison

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Comparison Buyer's Guide

Executive Summary

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
640
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 (1st), AI Legal & Compliance (1st), AI Finance & Accounting (1st), 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

"From a technical perspective, developers can easily create bots and get things done with this tool."
"No other competitor has this email trigger, so it saves a lot of time if you automate the process. We don't need to fix a time for a task to run. It gives the feature of on demand execution for any task. Whenever a user wants, it can send a mail and get the task done as soon as possible."
"In Automation Anywhere we liked the drag-and-drop and easily stitching the recording of mouse control and keyboard controls."
"From an SAP point of view, we have in-built features. They have integrated everything together, so it's much easier for us to use that."
"The IQ Bot is very impressive to us, as we have tried several tools in the industry and we have not been able to automate to the same level as provided by this solution."
"We got the solution because of its ease of use with the API call, avoiding the use of developers."
"Without thinking twice, I would recommend going for Automation Anywhere."
"The overall developer client has an easy-to-use UI."
"It is a scalable solution."
"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."
"It is a scalable product."
"Oracle is suitable for those large enterprises that heavily rely on customizations."
 

Cons

"The UI can be improved a little bit to make it easier for beginners to understand."
"In the age of AARI and Automation Anywhere 2019 IQ Bot, the biggest challenges for me and my company are understanding the product and implementing it at the right place."
"Better support for Excel is needed because there are a lot of limitations and we are having issues with it."
"Companies need to better justify the ROI before usage - otherwise, they might spend money on things unnecessarily."
"Cloud was one of the features we wanted to see, because it makes it much easier. The second feature is ease of use in terms of agnostic operating system."
"For beginners learning Automation Anywhere, there should be predefined templates to start creating a task bot. Instead of dragging and dropping action commands and doing error handling, there should be predefined templates that they can directly use."
"Right now, we are using a VM with Automation Anywhere installed inside it, but it would be nice if the solution could be used on macOS."
"Working with the Automation Anywhere servers and domains have proven to be difficult. We are trying to get more licenses and servers set up, so we can run multiple scenarios simultaneously."
"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

"The solution is quite expensive. Not every organization can consider this option."
"The solution itself is free unless we want to add the support option but we have to pay for the bots we use."
"This solution costs approximately $3,500 USD per license."
"Its usage is expensive for us because my user base is mostly in Manila and KL. The unit cost of labor is cheaper there than in the U.S. or Australia, which puts a bit more stress on how to get a positive ROI while continuing to use it."
"We paid separately for the Runner and Creater components. The final cost depends on the structure of your environment."
"We have established a CoE and we take our bot opportunities based on their ROIs. The best ROI opportunity goes to development first. Our ROI opportunities are compliance, profitable growth, productivity enhancements, productivity gains, number of hours the productivity saved, and resources not available that the work can be done by the bot. However, the single most important criteria that we use to measure ROI is how much time does the bot cut down from an analyst's work, as this has the best ROI. E.g., if an analyst is spending a 100 hours of work that a bot can do in one hour, we calculate the 99 hours saved as ROI."
"The licensing cost is approximately $4,000 USD, which is a seed license."
"My only suggestion in terms of pricing is very generic and that is to consider that as much as RPA saves cost and does automation, please get a realistic estimation done on whether you are really achieving any ROI over your investment with RPA."
"The product is more expensive than one of its competitors."
"The product is somewhat expensive. Only large organizations can handle such an application."
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Top Industries

By visitors reading reviews
Financial Services Firm
17%
Manufacturing Company
12%
Construction Company
11%
Computer Software Company
7%
Comms Service Provider
11%
Manufacturing Company
11%
Government
8%
Performing Arts
6%
Financial Services Firm
12%
Manufacturing Company
11%
University
8%
Construction Company
5%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
By reviewers
Company SizeCount
Small Business154
Midsize Enterprise82
Large Enterprise535
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
 

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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