R12.2 Oracle Procurement Contracts Fundamentals Course Overview

R12.2 Oracle Procurement Contracts Fundamentals Course Overview

The R12.2 Oracle Procurement Contracts Fundamentals course is a comprehensive training program designed to equip learners with the skills to manage procurement contracts within the Oracle Advanced Procurement suite. This course covers the entire procure-to-pay lifecycle, emphasizing the integration of procurement contracts with other applications, including Purchasing and iSupplier Portal. Participants will gain a thorough understanding of contract life cycle management, benefits of using Oracle Procurement Contracts, the different types of contracts, and how to establish contract standards.

Through the lessons, learners will delve into the Contracts Terms Library, learn about authoring and negotiating contract terms, and explore the contract lifecycle from authoring purchasing contracts to implementing Oracle Procurement Contracts in the Buyer’s Work Center. This oracle procurement training will provide essential knowledge for obtaining oracle procurement certification, ensuring users can effectively create, manage, and integrate contracts within the Oracle environment, thereby enhancing procurement processes and compliance within their organizations.

Koenig's Unique Offerings

images-1-1

1-on-1 Training

Schedule personalized sessions based upon your availability.

images-1-1

Customized Training

Tailor your learning experience. Dive deeper in topics of greater interest to you.

images-1-1

4-Hour Sessions

Optimize learning with Koenig's 4-hour sessions, balancing knowledge retention and time constraints.

images-1-1

Free Demo Class

Join our training with confidence. Attend a free demo class to experience our expert trainers and get all your queries answered.

Purchase This Course

Fee On Request

  • Live Online Training (Duration : 16 Hours)
  • Per Participant
  • Guaranteed-to-Run (GTR)
  • date-img
  • date-img

♱ Excluding VAT/GST

Classroom Training price is on request

  • Live Online Training (Duration : 16 Hours)
  • Per Participant

♱ Excluding VAT/GST

Classroom Training price is on request

Request More Information

Email:  WhatsApp:

Course Prerequisites

To ensure a successful learning experience in the R12.2 Oracle Procurement Contracts Fundamentals course, participants should ideally have the following prerequisites:


  • Basic understanding of the procure-to-pay business process and its lifecycle.
  • Familiarity with Oracle E-Business Suite navigation and general functionality.
  • Some experience or knowledge of purchasing and procurement processes within an organization.
  • Awareness of contract management principles and their importance in procurement.
  • Ability to use a computer with internet access to participate in online training sessions.

Please note that these prerequisites are aimed at providing a baseline for the course and are not intended to be exhaustive. Individuals with a keen interest in learning about Oracle Procurement Contracts and a willingness to engage with the course material are encouraged to enroll.


Target Audience for R12.2 Oracle Procurement Contracts Fundamentals

The R12.2 Oracle Procurement Contracts Fundamentals course caters to professionals managing procurement processes and contract lifecycles.


  • Procurement Managers
  • Supply Chain Analysts
  • Contract Administrators
  • Purchasing Officers
  • Supply Chain Managers
  • Oracle ERP Consultants specializing in procurement
  • Procurement Operations Specialists
  • Vendor Management Specialists
  • Compliance Officers in Procurement Departments
  • Legal Advisors overseeing procurement contracts
  • IT Professionals responsible for implementing Oracle Procurement solutions
  • Financial Controllers with oversight of procurement processes
  • Business Analysts involved in procurement systems
  • Project Managers overseeing procurement system upgrades or implementations


Learning Objectives - What you will Learn in this R12.2 Oracle Procurement Contracts Fundamentals?

  1. Introduction: The R12.2 Oracle Procurement Contracts Fundamentals course is designed to equip students with comprehensive knowledge of contract lifecycle management within the Oracle Advanced Procurement Suite, covering authoring, negotiation, and implementation.

  2. Learning Objectives and Outcomes:

  • Understand the procure-to-pay lifecycle and how procurement contracts integrate with other applications in the Oracle Advanced Procurement Suite.
  • Learn the benefits of Oracle Procurement Contracts and how they can improve contract lifecycle management within an organization.
  • Gain insight into various types of contracts and the standard procurement contract solutions offered by Oracle.
  • Explore the Contracts Terms Library, including its structure, contents, and advantages for contract standardization.
  • Develop skills to create, negotiate, and manage procurement contracts using standard templates and clauses.
  • Master the authoring process for purchasing contracts, including the steps for updating and deleting variables and creating deliverables.
  • Familiarize with the Buyer’s Work Center and learn to set up document styles and implement multi-organization access control within Oracle Procurement Contracts.
  • Understand the mandatory setups and implementation sequence for successful deployment of Oracle Procurement Contracts.
  • Learn to manage contract authoring setup, including defining levels of access and running clause concurrent programs.
  • Acquire knowledge on the XML interface for clause import setup and process, enabling efficient data management and system integration.

FAQ's


Yes, we do.
Yes, we also offer weekend classes.
Yes, Koenig follows a BYOL(Bring Your Own Laptop) policy.
It is recommended but not mandatory. Being acquainted with the basic course material will enable you and the trainer to move at a desired pace during classes.You can access courseware for most vendors.
Yes, this is our official email address which we use if a recipient is not able to receive emails from our @koenig-solutions.com email address.
You will receive the letter of course attendance post training completion via learning enhancement tool after registration.
Yes you can.
Yes, we do. For details go to flexi
You can pay through debit/credit card or bank wire transfer.
Yes you can request your customer experience manager for the same.
1-on-1 Public - Select your start date. Other students can be merged.
1-on-1 Private - Select your start date. You will be the only student in the class.
Yes, course requiring practical include hands-on labs.
You can buy online from the page by clicking on "Buy Now". You can view alternate payment method on payment options page.
Yes, you can pay from the course page and flexi page.
Yes, the site is secure by utilizing Secure Sockets Layer (SSL) Technology. SSL technology enables the encryption of sensitive information during online transactions. We use the highest assurance SSL/TLS certificate, which ensures that no unauthorized person can get to your sensitive payment data over the web.
We use the best standards in Internet security. Any data retained is not shared with third parties.
You can request a refund if you do not wish to enroll in the course.
To receive an acknowledgment of your online payment, you should have a valid email address. At the point when you enter your name, Visa, and other data, you have the option of entering your email address. Would it be a good idea for you to decide to enter your email address, confirmation of your payment will be emailed to you.
After you submit your payment, you will land on the payment confirmation screen.It contains your payment confirmation message. You will likewise get a confirmation email after your transaction is submitted.
We do accept all major credit cards from Visa, Mastercard, American Express, and Discover.
Credit card transactions normally take 48 hours to settle. Approval is given right away; however,it takes 48 hours for the money to be moved.
Yes, we do accept partial payments, you may use one payment method for part of the transaction and another payment method for other parts of the transaction.
Yes, if we have an office in your city.
Yes, we do offer corporate training More details
Buy-Now. Pay-Later option is available using credit card in USA and India only.
Yes, fee excludes local taxes.
Yes, we do.
Yes, Koenig Solutions is a Oracle Learning Partner
Schedule for Group Training is decided by Koenig. Schedule for 1-on-1 is decided by you.
In 1 on 1 Public you can select your own schedule, other students can be merged. Choose 1-on-1 if published schedule doesn't meet your requirement. If you want a private session, opt for 1-on-1 Private.

Prices & Payments

Yes of course.
Yes, We are

Travel and Visa

Yes we do after your registration for course.

Food and Beverages

Yes.

Others

Says our CEO-
“It is an interesting story and dates back half a century. My father started a manufacturing business in India in the 1960's for import substitute electromechanical components such as microswitches. German and Japanese goods were held in high esteem so he named his company Essen Deinki (Essen is a well known industrial town in Germany and Deinki is Japanese for electric company). His products were very good quality and the fact that they sounded German and Japanese also helped. He did quite well. In 1970s he branched out into electronic products and again looked for a German name. This time he chose Koenig, and Koenig Electronics was born. In 1990s after graduating from college I was looking for a name for my company and Koenig Solutions sounded just right. Initially we had marketed under the brand of Digital Equipment Corporation but DEC went out of business and we switched to the Koenig name. Koenig is difficult to pronounce and marketeers said it is not a good choice for a B2C brand. But it has proven lucky for us.” – Says Rohit Aggarwal (Founder and CEO - Koenig Solutions)
All our trainers are fluent in English . Majority of our customers are from outside India and our trainers speak in a neutral accent which is easily understandable by students from all nationalities. Our money back guarantee also stands for accent of the trainer.
Medical services in India are at par with the world and are a fraction of costs in Europe and USA. A number of our students have scheduled cosmetic, dental and ocular procedures during their stay in India. We can provide advice about this, on request.
Yes, if you send 4 participants, we can offer an exclusive training for them which can be started from Any Date™ suitable for you.