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Conversion of Contract Documents during data conversion for Fusion Procurement Contracts Impl

edited Jul 4, 2024 10:58AM in Enterprise Contracts 6 comments

Summary:

Conversion of Contract Documents during data conversion for Fusion Procurement Contracts Implementation


Content (please ensure you mask any confidential information):


One of our customers is planning for Fusion Procurement Contract Implementation.
Current State of Contracts:
Process Per-se:
1>Some are simplified
2>Some are Structured and complex based on complex business model.

Data Per-se:
Multiple Data Formats (Excel, PDF, Word, Paper) spread across multiple data sources — Individual Workstations, Physical Paper Files, 3rd Party contract applications.
High Data Volume
Value of Open Contracts: Very High
Problem Statement:
1> How Oracle facilitates the process of " Digitization of Contracts (existing in multiple data formats and sources) ", a key success factor for Procurement Contract Implementation.

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