Oracle iProcurement functionality provides the essentials for the ordering portion of the procurement process that is catalog content management, requisitioning, purchase order creation, and receiving orders.

Oracle iProcurement gives employees an intuitive web-shopping interface that is instantly familiar to anyone who has shopped online. Powerful search features and logically grouped online “stores” lead users to the products and services they need. Requesters can place and track orders from any web browser. 

Procurement card (or P-Card) is a corporate credit card issued to an employee or a supplier P-Card issued against a supplier. The purpose of either the employee or supplier P-Card is to enable the employee to purchase items directly from a supplier.

P-Cards can be assigned to requisitions in iProcurement only. After the requisition is created in iProcurement, a purchase order or release is generated in Purchasing by either the PO Create Documents workflow or by you using AutoCreate in Purchasing.

P-Card purchase orders are approved and transmitted to the supplier like any other purchase order Upon receiving the purchase order, the supplier transmits the procurement card details to the procurement card issuer. The credit card issuer then sends transaction files back to Oracle Payables, which automatically generates accounting details and creates invoices to pay the issuer.