Labviva
The AI-driven life sciences marketplace for seamless laboratory procurement and spend management.
Streamline your source-to-settle process with integrated AI and automated risk management.
Oracle Fusion Cloud Procurement is a comprehensive suite designed to modernize the source-to-settle lifecycle through deep integration with Oracle's ERP ecosystem. By 2026, the platform has evolved into an AI-first architecture, leveraging Oracle's GenAI and machine learning to automate manual tasks like spend classification, supplier risk assessment, and invoice processing. The technical backbone relies on a unified data model that ensures real-time visibility across global supply chains. Its modular structure allows enterprises to scale from simple self-service requisitioning to complex, multi-national strategic sourcing. The platform excels in complex regulatory environments, providing built-in compliance for global tax and trade laws. Its position in the 2026 market is solidified by its ability to provide predictive insights into supply chain disruptions and inflationary trends, moving procurement from a back-office function to a strategic driver of corporate resilience. For architects, the solution offers robust RESTful APIs and a PaaS (Oracle Cloud Infrastructure) environment for extensive customization and external data ingestion.
Uses LLMs to draft negotiation documents and RFPs based on historical data and current market trends.
The AI-driven life sciences marketplace for seamless laboratory procurement and spend management.
The intelligent procurement platform that automates the entire P2P lifecycle through AI-driven spend management.
Unlock hidden value through autonomous AI-driven negotiations at scale.
Verified feedback from the global deployment network.
Post queries, share implementation strategies, and help other users.
Adaptive ML-based OCR that extracts data from invoice images without the need for manual templates.
Automatic categorization of PO lines into the UNSPSC or custom taxonomies using neural networks.
Integration with external signals (Dun & Bradstreet, Dow Jones) to calculate real-time risk scores.
Rule-based assessment engine that evaluates suppliers against internal compliance benchmarks.
A cloud-based B2B hub for automated electronic document exchange (EDI/cXML).
Progressive Web App (PWA) functionality for on-the-go approvals and shopping.
Fragmented spend across multiple business units preventing volume discounts.
Registry Updated:2/7/2026
Enforce contract pricing via catalogs
High volume of low-value requisitions overwhelming the purchasing department.
Selecting the most cost-effective yet reliable supplier for raw materials.