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“cloudBuy has already received very positive feedback on this development from current and potential customers in Australia, the Middle East and the Asia Pacific region,” said Ronald Duncan, Chairman and CIO of cloudBuy. “The new Oracle Fusion cloud-based apps are a perfect synergy with cloudBuy’s ecommerce and spend data technology.”
cloudBuy’s Spend Analysis technology complements the existing ERP system, processing and enriching the data to deliver the analysis and actionable intelligence required to drive the procurement agenda both now and in the future. The solution has already analysed over $500bn of expenditure from over 500 organisations worldwide, and was used by the UK’s National Audit Office to identify over £2bn of potential savings within the National Health Service.
As Oracle is a major player in the global ERP market, with over 400,000 customers in more than 145 countries, this closer working relationship creates exciting new opportunities for very large corporations and public sector organisations looking to optimise their procurement using cloudBuy technology.
