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Compare Magnit and Oracle Procurement Cloud 
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At a Glance
Market Segments
Enterprise (54.5% of reviews)
Enterprise (58.6% of reviews)
Entry-Level Pricing
No pricing available
$650 per user/ per month
Magnit
Star Rating
(11)4.0 out of 5
Market Segments
Enterprise (54.5% of reviews)
Pros & Cons
Entry-Level Pricing
No pricing available
Learn more about MagnitOracle Procurement Cloud
Star Rating
(38)4.1 out of 5
Market Segments
Enterprise (58.6% of reviews)
Pros & Cons
Entry-Level Pricing
$650 per user/ per month
Browse all 2 pricing plansMagnit vs Oracle Procurement Cloud
- Reviewers felt that Oracle Procurement Cloud meets the needs of their business better than Magnit.
- When comparing quality of ongoing product support, reviewers felt that Magnit is the preferred option.
- For feature updates and roadmaps, our reviewers preferred the direction of Magnit over Oracle Procurement Cloud.
Pricing
Entry-Level Pricing
Magnit
No pricing availableOracle Procurement Cloud
Sourcing
$650
per user/ per month
- Sourcing
- Supplier Management
- Transactional Business Intelligence for Procurement
Free Trial
Magnit
No trial information availableOracle Procurement Cloud
No trial information availableRatings
Meets Requirements
7.5
8
8.8
24
Ease of Use
8.5
8
7.9
24
Ease of Setup
Not enough data
6.7
5
Ease of Admin
Not enough data
7.7
5
Quality of Support
9.0
8
8.1
21
Has the product been a good partner in doing business?
Not enough data
8.0
5
Product Direction (% positive)
10.0
8
7.9
22
Features by Category
Contract Management Platform Features
Not enough data
8.6
7
|
Verified
Not enough data
9.0
7
|
Verified
Not enough data
Feature Not Available
Not enough data
8.3
7
|
Verified
Not enough data
8.3
7
|
Verified
Not enough data
7.1
7
|
Verified
Not enough data
7.4
7
|
Verified
Not enough data
7.6
7
|
Verified
Not enough data
8.8
7
|
Verified
Not enough data
6.9
7
|
Verified
Generative AI
Not enough data
Not enough data
Not enough data
Not enough data
Agentic AI - Contract Management
Not enough data
Not enough data
Planning
Not enough data
9.0
5
Not enough data
9.0
5
Not enough data
9.0
5
Not enough data
8.7
5
Execution
Not enough data
9.0
5
Not enough data
8.6
6
Not enough data
8.7
5
Analytics
Not enough data
9.7
5
Not enough data
9.3
5
Not enough data
8.7
5
Agentic AI - Procure to Pay
Not enough data
Not enough data
Management
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Planning
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Invoice Management
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Supplier Management
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Execution
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Invoice Processing
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Supplier Information
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Analytics
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Integration
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Agentic AI - Purchasing
Not enough data
Not enough data
Not enough data
Not enough data
Contract Creation & Management
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Collaboration
Not enough data
Not enough data
Not enough data
Not enough data
Other Platform Features
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Contract Data
Not enough data
Not enough data
Not enough data
Not enough data
Generative AI
Not enough data
Not enough data
Not enough data
Not enough data
Agentic AI - Contract Lifecycle Management (CLM)
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Agentic AI - Vendor Management
Not enough data
Not enough data
Revenue Recognition
Not enough data
9.3
5
Not enough data
9.3
5
Not enough data
8.7
5
Categories
Categories
Shared Categories
Magnit and Oracle Procurement Cloud are categorized as Vendor Management
Unique Categories
Magnit has no unique categories
Oracle Procurement Cloud is categorized as Contract Management, Purchasing, Contract Lifecycle Management (CLM), and Procure to Pay
Reviews
Reviewers' Company Size
Magnit
Small-Business(50 or fewer emp.)
Mid-Market(51-1000 emp.)
Enterprise(> 1000 emp.)
Oracle Procurement Cloud
Small-Business(50 or fewer emp.)
Mid-Market(51-1000 emp.)
Enterprise(> 1000 emp.)
Small-Business
(50 or fewer emp.)
Mid-Market
(51-1000 emp.)
Enterprise
(> 1000 emp.)
Reviewers' Industry
Staffing and Recruiting
54.5%
Information Technology and Services
9.1%
Food & Beverages
9.1%
Financial Services
9.1%
Computer Software
9.1%
Other
9.1%
Oil & Energy
10.3%
Information Technology and Services
10.3%
Retail
6.9%
Internet
6.9%
Construction
6.9%
Other
58.6%
Discussions
Magnit has no discussions with answers
Oracle Procurement Cloud has no discussions with answers
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