Presentation: "iProcurement - Key to Speedy Processing"
Speaker(s): Seema Sharma, Patni

When one of the world's largest stock exchanges wanted to streamline its procurement process it selected Oracle iProcurement to automate the process. The key objective of the Oracle iProcurement implementation was to reduce the time it took for purchasing agents to convert a requisition into Purchase Order. The company wanted to leverage the well-accepted web shopping models used by leading consumer websites; provide express checkout for its frequent users; provide a streamlined process that eliminated paper submissions of requisitions and automated the approval process. It also wanted the solution to tightly integrate the procurement system with its Oracle Financials implementation. Patni assisted the company in its iProcurement implementation. While presenting this case study Patni will share the benefits of the iProcurement solution, the typical challenges that an organization might face and the best practices that Patni has developed for iProcurement implementations.