PeopleSoft Contracts Ed 2 Course Overview

PeopleSoft Contracts Ed 2 Course Overview

The PeopleSoft Contracts Ed 2 course is designed to provide learners with an in-depth understanding of how to set up and manage contracts within the PeopleSoft application. This comprehensive training covers the full lifecycle of contract management, from establishing foundational elements to handling renewals and revenue recognition.

Throughout the course, participants will engage with various modules, each focusing on critical aspects of the PeopleSoft Contracts module. They will learn about business processes, setting up control tables, defining billing and revenue attributes, and managing contract details. The course also covers the setup of products, the creation of contract templates, and the analysis of contract data.

By the end of the course, learners will be well-equipped to implement and manage contracts efficiently, ensuring accurate billing and revenue recognition. They will gain practical skills that will help streamline their organization's contract management processes, leading to improved financial performance and compliance.

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 : 32 Hours)
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  • Live Online Training (Duration : 32 Hours)
  • Per Participant

♱ Excluding VAT/GST

Classroom Training price is on request

You can request classroom training in any city on any date by Requesting More Information

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Course Prerequisites

As an IT training company, Koenig Solutions ensures that our students are adequately prepared to undertake the PeopleSoft Contracts Ed 2 course to maximize their learning outcomes. The course is comprehensive and covers various aspects of the PeopleSoft Contracts module. To ensure that you have a successful training experience, the following are the minimum required prerequisites:

  • Basic understanding of PeopleSoft navigation and general operations.
  • Familiarity with common business processes related to contract management.
  • Knowledge of fundamental accounting principles, especially regarding billing and revenue recognition.
  • Some experience with project costing or financial management within an enterprise resource planning (ERP) system is beneficial.
  • Ability to use a web browser and office productivity software (e.g., Microsoft Office Suite).

These prerequisites are designed to provide a foundation that will help you to engage effectively with the course material. The course does not require advanced technical skills but rather focuses on the functional use and setup of the PeopleSoft Contracts module. By meeting these minimum requirements, you will be better positioned to understand the lessons and apply the knowledge to real-world scenarios.

Target Audience for PeopleSoft Contracts Ed 2

PeopleSoft Contracts Ed 2 is a comprehensive course designed for professionals managing contract lifecycle processes in organizations.

  • Contracts Administrators
  • Financial Managers
  • Project Managers
  • Business Analysts
  • IT Professionals responsible for implementation and maintenance of PeopleSoft Contracts
  • Accountants and Financial Analysts dealing with contract billing and revenue
  • ERP Consultants specializing in PeopleSoft solutions
  • Procurement Specialists
  • Sales Managers who oversee contract agreements
  • Compliance Officers managing contract adherence
  • Operations Managers involved in contract workflows

Learning Objectives - What you will Learn in this PeopleSoft Contracts Ed 2?

Introduction to the Learning Outcomes:

The PeopleSoft Contracts Ed 2 course provides comprehensive training on managing the contracts lifecycle within PeopleSoft applications, from setup to renewal and analysis.

Learning Objectives and Outcomes:

  • Understand the fundamental business processes associated with PeopleSoft Contracts and how to navigate the system.
  • Learn the necessary steps to prepare for implementing PeopleSoft Contracts, including evaluating business requirements.
  • Gain expertise in setting up general control tables that form the backbone of the Contracts module.
  • Acquire knowledge on configuring billing and revenue processing attributes to meet specific business needs.
  • Develop skills for setting up Contracts and Project Costing Accounting to ensure accurate financial tracking.
  • Understand how to set up products and related tables essential for contract processing.
  • Learn to define revenue and billing plan templates to streamline contract creation and execution processes.
  • Gain proficiency in creating contracts, including the entry of necessary details and terms.
  • Master the preparation of contracts for billing, ensuring that all billing aspects are properly accounted for.
  • Learn how to manage contract billing, including handling complex billing arrangements like prepaid and recurring billing.
  • Understand the processes involved in managing contract revenue, ensuring revenue is recognized in accordance with accounting standards.
  • Acquire skills in the overall management of contracts, including amendments, adjustments, and compliance checks.
  • Learn techniques for managing renewal processing to retain continuous business engagement with clients.
  • Develop analytical skills to assess contract performance and financial health using PeopleSoft tools.