Learn Oracle Procurement Contracts Fundamentals in R12.2 with our Advanced Course

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R12.2 Oracle Procurement Contracts Fundamentals Course Overview


Oracle Procurement Contracts Fundamentals (R12.2) is an essential course for users who need to set up, manage and report on procurement contracts in Oracle Applications. This course will teach attendees the skills they need to create and manage contracts as well as to gain an overall understanding of the Oracle E-Business Suite contracts' architecture and functionality.
By the end of this course, attendees will gain a comprehensive knowledge of the Contracts functionality available in Oracle E-Business Suite, including how to create, negotiate and maintain contracts, the differencing between proactive and reactive contracts, the workflows and reporting capabilities surrounding each, and much more.
Upon successful completion of this course, participants will have the ability to:
• Configure the related setup tables which directly impact the functionality.
• Create and manage contracts in Oracle E-Business Suite.
• Run reports and queries to support the tracking and management of contracts.
• Use various contract lifecycle versions to access related contract documents.
• Become adept with the interface of Oracle Advanced Procurement Contract Composer.
• Set up notifications and automated updates of contracts.

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

R12.2 Oracle Procurement Contracts Fundamentals
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You will learn:

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
  • 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
  • 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
  • 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
  • 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
Live Online Training (Duration : 16 Hours) Fee On Request
We Offer :
  • 1-on-1 Public - Select your own start date. Other students can be merged.
  • 1-on-1 Private - Select your own start date. You will be the only student in the class.

4 Hours
8 Hours
Week Days
Weekend

Start Time : At any time

12 AM
12 PM

1-On-1 Training is Guaranteed to Run (GTR)
Group Training
Date On Request
Course Prerequisites

To attend the Oracle Procurement Contracts Fundamentals Training for R12.2, it is recommended that participants have the following prerequisites:
•Good working knowledge of Oracle E-Business Suite set up and navigation
•Experience in Oracle Purchasing and Oracle Payables
•Knowledge of purchasing documents and processes in Oracle E-Business Suite
•Knowledge of contracts terms such as terms and conditions, milestones, items, and invoices
•Understanding of database structure, including Accounts Payable, General Ledger, Purchasing, and Sourcing tables
•Understanding of Oracle Purchasing Price Breaks and Price Adjustment Rules
•Familiarity with XML Publisher reporting engine
•Knowledge of contract negotiation and dispute resolution process
•Understanding of applicable business laws and regulations

Target Audience


R12
2 Oracle Procurement Contracts Fundamentals training is targeted towards individuals who are responsible for creating, managing, and administering contracts in an Oracle Procurement R12
2 environment
This includes purchasing personnel, contract administrators, contract managers, and procurement professionals
If you are just starting out or have solid foundational experience you can benefit from this training
Whether you are an Oracle Cloud buyer, or new to using Oracle E-Business Suite, this course is suitable for both
Participants will learn how to draft agreements, administer the contract lifecycle, and how to enforce compliance throughout the process
It will also give them fundamental knowledge about the features and usage of the Oracle Procurement Contracts module
This course can also be beneficial for business and IT users who will be responsible for supporting the Oracle Applications R12 in general

Learning Objectives of R12.2 Oracle Procurement Contracts Fundamentals


1. Understand the features, benefits and architecture of Oracle Procurement Contracts.
2. Familiarize yourself with contract types and the elements of an Oracle Procurement Contract.
3. Create and manage catalog contracts, direct awards, blanket purchase agreements and other contract types.
4. Learn what features are available to enable you to set up and manage contract terms and conditions.
5. Set up contract lists, search results and AutoCreate options.
6. Identify the different contract templates used in contract creation.
7. Administer terms and conditions and budget controls.
8. Manage contract award and award criteria.
9. Explore responsibilities for creating and modifying contract reports.
10. Create and manage contract documents, documents drafts, revisions and document distributions.

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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.
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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.

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