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Oracle Financials Cloud Payables Fundamentals Course Overview

Oracle Financials Cloud Payables Fundamentals Course Overview

The Oracle Financials Cloud Payables Fundamentals course is designed to provide learners with a comprehensive understanding of the accounts payable process within the Oracle Financials Cloud. This course covers the entire procure-to-pay lifecycle from the initial stages of procurement to the final payment processes.

Module 1 starts with an exploration of key areas in the procure-to-pay process, positioning of business units, and the service provider model. Module 2 delves into the payables process flow, highlighting key areas and integration points. In Module 3, participants learn to define suppliers and manage procurement agents. Module 4 offers an extensive look at the invoicing process, including workbench structure and distribution methods, invoice validation, approval, and hold resolution. Module 5 provides a payments overview, setup guidance, processing options, and ways to manage payment holds. Module 6 focuses on the withholding tax process, including options, invoice creation, and automatic processing. Lastly, Module 7 emphasizes the importance of payables reporting with standard reports, ad-hoc reports using OTBI, and BI Publisher.

By the end of the course, learners will gain expertise in Oracle Payables, equipping them with the skills to manage supplier information, process invoices, and execute payments efficiently, all of which are crucial for maintaining a healthy cash flow and vendor relationships in an organization.

This is a Rare Course and it can be take up to 3 weeks to arrange the training.

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  • Live Online Training (Duration : 16 Hours)
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Classroom Training price is on request

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Course Prerequisites

Certainly! To ensure that participants can successfully engage with the Oracle Financials Cloud Payables Fundamentals course and benefit from its content, the following minimum prerequisites are recommended:


  • Basic understanding of accounting principles and the accounts payable process.
  • Familiarity with the concept of procure-to-pay (P2P) cycles in a business context.
  • General knowledge of business operations, particularly in finance and procurement departments.
  • Some experience with enterprise resource planning (ERP) software is helpful, though not mandatory.
  • Ability to navigate computer systems and use software applications effectively.

These prerequisites are intended to provide a foundation that will help students grasp the course material more effectively. No advanced skills are required, and the course is designed to guide participants through the functionalities and features of Oracle Financials Cloud Payables.


Target Audience for Oracle Financials Cloud Payables Fundamentals

The Oracle Financials Cloud Payables Fundamentals course is designed for professionals managing financial data and payables processes.


  • Financial Analysts
  • Accounts Payable Specialists
  • Procurement Managers
  • ERP Consultants
  • Oracle Cloud Financials Implementers
  • Business Analysts involved in financial operations
  • Finance Managers
  • IT Professionals working with finance systems
  • Supply Chain Professionals
  • Compliance Officers dealing with financial reporting
  • Project Managers overseeing financial system upgrades or migrations
  • Corporate Trainers specializing in financial software applications


Learning Objectives - What you will Learn in this Oracle Financials Cloud Payables Fundamentals?

Introduction to Oracle Financials Cloud Payables Fundamentals Course Learning Outcomes:

This course delves into the comprehensive fundamentals of the Oracle Financials Cloud Payables module, focusing on key processes, setup, and reporting to manage accounts payable effectively.

Learning Objectives and Outcomes:

  • Understand the procure to pay process and the role of business units within this workflow.
  • Gain insights into the service provider model and its positioning in the procure to pay flow.
  • Describe the end-to-end payables process flow, including integration points with other financial modules.
  • Define and manage suppliers and procurement agents to streamline procurement procedures.
  • Grasp the invoicing process, including the structure of the invoice workbench and various distribution methods.
  • Learn how to validate, approve, apply, and release holds on invoices efficiently.
  • Explore the setup and maintenance of payment processes, and acquire the ability to review, adjust, and manage payments.
  • Understand the withholding tax process, including setup options, invoice creation, and processing automatic withholding tax invoices.
  • Develop skills in using Oracle Transactional Business Intelligence (OTBI) and BI Publisher to generate standard and ad-hoc payables reports.
  • Learn the correct application and release of holds on prepayments, ensuring accurate and compliant financial transactions.