Oracle Procurement Cloud vs SAP Fieldglass comparison

Oracle Procurement Cloud Service is a complete source to settle solution that includes the following products:

• Supplier Qualification Management
• Sourcing
• Procurement Contracts
• Purchasing
• Self Service Procurement
• Supplier Portal

SAP Fieldglass is an open, cloud-based vendor management system platform that helps companies successfully procure, manage, and optimize their external workforces. This includes contract and contingent workers as well as services-based organizations such as law firms and marketing agencies. The unified platform is the largest and most trusted VMS across the globe, noted for its extensive open integration, technological innovation, and clear path to return on investment (ROI).

SAP Fieldglass Features

SAP Fieldglass has many valuable key features. Some of the most useful ones include:

• Decision wizard: A decision-support tool that helps customers choose the right form of engagement, whether it's with a temp/contractor, a consulting firm, or an offshore/outsource provider.

• Requisitions: A job ad published in SAP Fieldglass provides vendors with standardized, precise, and complete work requirements. Included in the job descriptions are these fields: qualifications, certification management, and sophisticated rate cards.

• Approvals: Approvals can be done entirely outside of the application by email, eliminating the need for people to log in to keep the process moving. The process can also be defined and customized to meet the demands of each business unit.

• Distribution: Supplier distribution lists with "tiers" can be created, giving top-performing suppliers early access to job posts.

• Candidate review: SAP Fieldglass has a lot of features that help with applicant review, evaluation, and selection. The platform allows users to submit feedback while also capturing historical data for analysis.

• Business intelligence: SAP Fieldglass Business Intelligence uncovers key data and insights to help you enhance your external labor and services procurement initiatives and better plan your workforce.

• Management of worker profiles: WPM (Worker Profile Management) bridges the gap between fully managed spend and decentralized workforce control.

• Integration: To promote rapid, repeatable integrations, the solution supports a number of formats and protocols. SAP Fieldglass has over 8,500 interface points and can be linked with both cloud-based and behind-the-firewall systems.

• Guidance: During the “requisition to check” process, make informed decisions at key moments. SAP Fieldglass Active Guidance analyzes your program's unique data and feeds it to decision-making tools that make real-time recommendations.

• Onboarding and offboarding: Onboarding and offboarding help orient a new worker into your organization and ensure a positive departure by allocating checklists to responsible individuals depending on sites, labor types, company needs, and team member roles.

• Timesheets and expenses: Workflow, time entry, expense input, and budgetary controls are just a few of the web-based time and expense sheet services provided by SAP Fieldglass. The time and expense sheet requirements of a corporation can be modeled at the organizational level and adjusted for different sorts of employees in the organization.

• Invoices: An approved timesheet can be immediately converted to an invoice using SAP Fieldglass's automatic invoicing feature. Accounting and billing code information is captured on the job advertising up front and then linked to the assignment, timesheet, and invoice, removing the requirement for three-way reconciliation.

• Admin tools: SAP Fieldglass includes a number of administrative tools to help you get up and running quickly with the program. Here are some key administrative tools:
  
  
  • A template library of predefined job titles and descriptions that have already been mapped to the ONET standard, removing the need for users to create their own
    
  • More than 150 out-of-the-box upload tools for bulk data loading
    
    
  • Customers' most-used predefined workflows, such as timesheet approval
    
  • Recommended configuration settings for automated alerts, notification messages, and escalations