R12.2 Oracle Procurement Contracts Fundamentals

R12.2 Oracle Procurement Contracts Fundamentals Certification Training Course Overview

By taking the R12.x Oracle Procurement Contracts Fundamentals course, you will learn how to use and implement Oracle Procurement Contracts. In this training course our expert in instructors will teach you how to author purchasing and repository contracts, approve and sign contracts and manage contract life cycles. You can define and manage deliverables, sections, folders and variables. You will also learn the setup steps required to implement this functionality.

This course is recommended for customers who have implemented Oracle E-Business Suite Release 12 or Oracle E-Business Suite 12.1

Course Objectives

  • Author a contract
  • Approve and sign a contract
  • Renegotiate and close a contract
  • Manage the contract deliverables, sections, folders, and variables
  • Explain the negotiation workflow and phases
  • Explain procedures of the contract lifecycle
  • Define Roles and Controls
  • High level business flows that feature Oracle Procurement Contracts

Audience

  • End Users
  • Functional Implementer

R12.2 Oracle Procurement Contracts Fundamentals (16 Hours) Download Course Contents

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Course Modules

Module 1: Procurement Contracts In The Oracle Advanced Procurement Suite
  • Procure to Pay Lifecycle
  • Procurement Contracts Integration with Other Procurement Applications
  • Integration to Other Procurement Applications
  • Procurement Contracts and Advanced Procurement
  • Contract Integration: Supplier
  • Procurement Application Integration: Customer
  • Procurement Contracts in Purchasing
  • Procurement Contracts in iSupplier Portal
Module 2: Overview of Oracle Procurement Contracts
  • Contract Life Cycle Management
  • Oracle Procurement Contracts Benefits
  • Procurement Contract Solutions
  • Types of Contracts
  • Procurement Contracts Lifecycle
  • Establish Standards
  • Author and Negotiate: Procurement Contracts
  • Author and Negotiate: Contract Terms
Module 3: Contract Standards
  • Contracts Terms Library
  • Contracts Terms Library Advantages
  • Contract Terms Library Contents
  • Contract Terms Library Structure
  • Global Control, Local Access
  • Contract Templates
  • Adding Clauses to Contract Templates
  • Validate Templates
Module 4: Contract Lifecycle
  • Authoring Purchasing Contracts
  • Purchase Contract Authoring
  • Contract Terms
  • Contract Authoring Steps
  • Updating and Deleting Variables
  • Displaying Clauses Using a Variable
  • Creating and Updating Deliverables
  • Procurement Contracts in Buyer’s Work Center
Module 5: Setting Up and Implementing Oracle Procurement Contracts
  • Buyer’s Work Center Document Style Setup
  • Multi-Org Access Control Setup
  • Mandatory Setups
  • Implementation Sequence
  • Levels of Access
  • Contract Authoring Setup
  • Clause Concurrent Programs
  • XML Interface for Clause Import Setup and Process
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Course Prerequisites
  • R12.x Oracle E-Business Suite Essentials for Implementers
  • Understand Procurement Contracts place in the Oracle Advanced Procurement Suite.
  • Describe the Procurement Contracts Business Flow.
  • Author and negotiate procurement contracts.
  • Identify the steps required to implement Oracle Procurement Contracts.
  • Explain clause migration and import functionalities.
  • Describe the Oracle Advanced Procurement Suite

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