Requisition quality
Requisitions sent back because the item, supplier or account is wrong.
Measure: Requisition Rejection Rate %; First-Pass Requisition Accuracy (%)Oracle Fusion Procurement
Streamline purchasing. Get from request to purchase order without the chasing.
Estimate the buyer time more touchless buying would release, and see where requisitions stall, approvals loop and buyers rework orders in Oracle Fusion Procurement.
82+outcomes delivered for Orbrick clients
500K+life-hours saved
Purchasing workflows calculator
What would more touchless buying release?
Every purchase order a buyer has to create or fix by hand takes time. Estimate the buyer time released when more requisitions become purchase orders without a touch.
POs
Purchase orders created in a typical year.
%
POs created from requisitions with no buyer intervention.
%
Benchmark is 50%.
$
/hr
Salary, benefits and overhead for buyers, per hour.
What slows purchasing
Where purchasing time goes.
Each one puts a buyer between a requisition and the purchase order it should become.
Approval routing
Approval chains longer than the spend needs, or stuck with one person.
Measure: Requisition Approval Cycle Time; PO Approval Cycle TimeCatalog and touchless buying
Buyers creating orders by hand for items already on catalog or contract.
Measure: Touchless Buying %; Catalog Purchase Usage; PO Alignment with BPA/CPA %Change orders
Orders amended again and again after approval.
Measure: PO Change Order Ratio (%)About the calculator
Straight answers.
The calculator sizes a possibility. Your Oracle Fusion data is what turns it into a number you can act on.
Request a Value DiscoveryWhy 15 minutes per PO?
It is an average for a buyer to review a requisition, pick a supplier, create the order and fix any errors. Orders with problems take far longer.
Does this include savings from buying on contract?
No. Spend that goes outside negotiated agreements is often worth more than the time saved, but it is a different outcome. A Value Discovery can flag it if it shows up in your data.
Is this a cash saving?
It is capacity. It becomes cash if you avoid hiring or redeploy buyers to sourcing work that cuts prices.
How accurate is the calculator?
It is only as accurate as the assumptions you enter. It is designed to size a possibility, not to produce an auditable number. A Value Discovery replaces your assumptions with evidence from your own Oracle data.
Further reading
More on Oracle Fusion Procurement
-
The Modern Guide to Purchasing Workflows: From Spreadsheet Chaos to Autonomous Intelligence
From spreadsheet chaos to autonomous purchasing: the modern guide to purchasing workflows.
Read the article -
What Does Your Oracle Fusion Supplier Scorecard Miss When It Only Measures Price?
What an Oracle Fusion supplier scorecard misses when it only measures price.
Read the article -
The Oracle Redwood Saga: Upcoming Updates in Responsive Self Service Procurement UI
Oracle Redwood's responsive self-service procurement: what changes for requesters.
Read the article
Watch
From Orbrick’s YouTube channel
-
Procurement Modernization: Leverage the Power of Oracle Cloud 45 min
Next step
Give buyers their time back for suppliers and sourcing.
A Value Discovery measures your touchless buying share and approval times from your own Oracle records, and identifies the approval and rework steps adding the most time.