News facts:
* Oracle E-Business Suite has been named a Leader in Forrester Research's March 2011 report: “The Forrester Wave: eProcurement Solutions, Q1 2011.”
* Forrester evaluated 11 vendors against 70 criteria, categorised into three main groups: Current Offering, Strategy and Market Presence.
* Based on Forrester's assessment, Oracle iProcurement, part of the Oracle E-Business Suite 12.1, received the highest possible score for its overall market presence and strong marks in key product evaluation areas, including reporting, technology, process configuration, goods purchasing and settlement.
* According to “The Forrester Wave: eProcurement Solutions, Q1 2011”, Oracle iProcurement is “a good and rapidly improving solution and has the best procurement-specific reporting and KPI analytics”.
* In addition, Forrester also recognised Oracle's PeopleSoft Enterprise eProcurement, describing it as a “good product in its own right, scoring consistently well with some best-in-class features such as support for unstructured collaboration with suppliers via its portal” and a “logical choice” for its ERP customers.
Supporting quote
“Organisations around the world leverage Oracle's procurement solutions to drive efficiencies, promote control, visibility and governance over spending,” said Paulo Back, vice-president, Applications Development, Oracle.
“We believe Forrester's recognition of Oracle as a leader in this critical segment highlights the proven business value of Oracle iProcurement and Oracle's PeopleSoft Enterprise eProcurement.”
Supporting resources:
The Forrester Wave: eProcurement Solutions, Q1 2011
Oracle E-Business Suite 12.1
Oracle iProcurement
Oracle PeopleSoft Enterprise Supplier Relationship Management
Oracle PeopleSoft Enterprise eProcurement
(1) The Forrester Wave: eProcurement Solutions, Q1 2011
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