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Oracle NetSuite announces new procurement solution

Oracle NetSuite has launched an indirect procurement solution, NetSuite SuiteProcurement, which enables customers to track and control every purchase from request to payment and streamline the procurement process. Users can establish trading partner relationships and provide access to preferred pricing on goods and services through the Oracle Business Network, and automatically route purchase order requests for approvals and enable tailored approval workflows based on employee location, department and spending amount.

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