2009 oracle open world sig contracts update
DESCRIPTION
TRANSCRIPT
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E-Business Suite Contracts SIG
Oracle Development Update
Susan Flierl
Product Strategy Director
Kim Carter
Product Management, Group Manager
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The following is intended to outline our general
product direction. It is intended for information
purposes only, and may not be incorporated into any
contract. It is not a commitment to deliver any
material, code, or functionality, and should not be
relied upon in making purchasing decisions.relied upon in making purchasing decisions.
The development, release, and timing of any
features or functionality described for Oracle’s
products remains at the sole discretion of Oracle.
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Agenda
• Oracle Contract Management
• Oracle Federal Contract Lifecycle
Management
• Contracts Sessions at OOW
• Question & Answer with Oracle • Question & Answer with Oracle
Development
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Oracle Contract Management
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VP Procurement VP Sales
CFO
Buying
process
Selling
process
General Council
General
Contracts
Contract Lifecycle Management
Contract ManagementCFO
CIO
GC
* Based on a model developed by Andrew Bartels. Copyright 2008, Forrester Research. Used by permission.
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Oracle Contract Lifecycle ManagementNative integration to business transaction flows
Simple contracts
Oracle
Procurement
Contracts
Oracle Sales
& Service
Contracts
Buying
process
Selling
process
General Council
General
Contracts
VP Procurement VP Sales
Oracle Contract ManagementCFO
CIO
GC
Complex contracts
Oracle Federal CLM*
Oracle
Project
Contracts
Oracle
Project
Contracts
* Based on a model developed by Andrew Bartels. Copyright 2008, Forrester Research. Used by permission.
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VP Procurement VP Sales
Buying
process
Selling
process
General Council
General
Contracts
Oracle Contract ManagementStandalone solution
Oracle Quoting
/ Order
Management
Oracle
Sourcing /
Purchasing
Oracle Contract ManagementCFO
CIO
GC
External
ordering
application
External
procurement
application
* Based on a model developed by Andrew Bartels. Copyright 2008, Forrester Research. Used by permission.
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Accelerate contract authoring
• Automate manual steps with an intuitive workbench
• Complete drafts more quickly with pre-defined templates and
authoring rules
• Simplify approvals with configurable workflows
Centralize key contracting processes
• Access all agreements quickly and easily with consolidated storage
Oracle Contract ManagementStrengthens control of enterprise agreements
• Access all agreements quickly and easily with consolidated storage
• Unify approval mechanisms for changes to organizational standards
• Standardize administration with renewal tracking
Track risk and compliance
• Understand exposure through deviation summaries
• Generate a detailed record of every agreement with internal and
external milestones
• Identify risky contracts with powerful search across contract
documents
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Contract WorkbenchAutomate manual steps
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Accelerate Contract Authoring
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Contract Creation Policies
Contract Creation Policies
Edit & Approval Policies
Edit & Approval Policies
• Automatic • Mandatory clause • Standard layout by
Document Generation Policies
Document Generation Policies
Pre-defined templates & authoring rulesAuthor contracts more quickly
• Automatic application of all relevant clauses and deliverables
• Access control by business unit and document type
• Standard section use enforcement
• Mandatory clause enforcement
• Role-based change control
• Pre-approved alternate clauses
• Incompatible clauses
• Automatic contract validation
• Standard layout by business unit and document type
• Flexible approval hierarchy
• Exceptions flagging for legal review
• Automated numbering formats
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