R12i Oracle Services Procurement Fundamentals

Released: 2014-10-04 05:20:04
Level: Beginner
Duration:

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Introduction

Overview of Oracle Advanced Procurement solution

Overview of Services Procurement

Creating Complex Services PO

Advance Payments

Work Confirmation for Milestone Payments

Work Confirmation for Milestone 2 - Daily or Hourly Rate based Payments

Work Confirmation for Milestone3 and Milestone4 - Lumpsum Payments

Recoupment Completion and Release of Retainage

Workflows in Oracle Services Procurement

Description

Oracle Services Procurement is a part of Oracle Advanced Procurement, which enables complete control and oversight of Services spending. It is an integrated solution to automate the acquisition of complex services and work contracts that involve complex payments. These contracts tend to have high dollar values with long lead time and are characterized by progress payments that are governed by advanced payment terms. Some of these payments are released based on completion of work.

Oracle Services Procurement solution is commonly used for Engineering Services, Construction Services and Professional Services.

With Oracle E Business Suite procurement solutions, buyers, requestors, and suppliers gain secure access to a single, centralized contract so they can view and use the most up-to-date pricing, terms, and conditions

Learning Objectives
The course audience will learn:

Overview of Complex Services Contracts and Terminology used in it
End to end Procure-to-Pay business process flow for complex services
Oracle Services Procurement in Oracle Procure-to-Pay, and associated business process flow
Integration of Oracle Services Procurement with Oracle iProcurement, Oracle Approvals Management, Oracle Sourcing, Oracle Purchasing, Oracle Projects, Oracle iSupplier Portal and Oracle Payables.
Creating new requisitions for Services
Creating new RFx’s in Oracle Sourcing for Complex Services through predefined templates
Overview of negotiating complex services with suppliers in Oracle Sourcing
Authoring Contract Header, Contract Lines, Progress Payment Schedule
Creating Complex Services Purchase Order with services specific special terms & conditions
Advance Payments, Recoupment and Retainage in Oracle Services Procurement in integration with Oracle Payables
Supplier Work Confirmation, Invoice Submission and tracking payments
Payment of Complex Services Invoices in integration with Oracle iSupplier Portal and Oracle Payables
Setting up and Implement Oracle Services Procurement

Training Audience

Functional Implementer
Pre-sales Consultants
Technical Consultant
End Users

Price

Plan Name	Price
1 Month:	$ 149
3 Months:	$ 249
6 Months:	$ 349

Teacher

Kabeer Khan

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Kabeer is a seasoned Oracle professional and has been working with Oracle Applications since last 16 years. He is proficient in Oracle E Business Suite, Oracle Fusion Applications and Enterprise Architecture. Originally from India, he has travelled extensively on consulting assignments across South Asia and Australasia, and now lives in New Zealand. He has worked with some of the well known large corporations, including Oracle Corporation.

He started his career by learning Oracle Applications on 10.6 Character and 10.7 Smart Client versions. Since then he has extensively worked on Oracle E Business Suite releases 11, 11i and up until the latest release 12i.

Since last couple of years Kabeer has been managing Oracle Fusion Applications 11g, Enterprise Server Virtualization using VM and Solution Architecture.

Kabeer likes to work out in gym a couple of times in a week, and loves to go on hiking to New Zealand's natural bushes, beaches and countryside over the weekend.

Courses by this teacher

Name	Level	Release Date
R12i Oracle Procurement Contracts Fundamentals		2014-10-04 05:06:16
R12i Oracle Sourcing Fundamentals		2014-10-04 05:14:00
R12i Oracle iSupplier Portal Fundamentals		2014-10-04 05:17:06
R12i Oracle Services Procurement Fundamentals		2014-10-04 05:20:04
R12i Oracle Payables Fundamentals		2016-04-21 13:32:17
R12i Oracle Workflow and Alerts Overview		2016-04-21 13:28:27
R12i Oracle iStore Fundamentals (on 12.2.3)		2016-04-20 13:47:00
R12i Oracle Inventory Fundamentals		2014-10-04 05:35:28
R12i Oracle Order Management Fundamentals		2014-10-04 05:39:58
R12i Oracle E Business Suite Fundamentals - Advanced		2016-04-21 13:27:33
R12i Oracle Payables - Advanced		2014-10-04 05:48:52
R12i Oracle Internet Expenses Fundamentals		2014-10-04 05:52:40
R12.2 Install Patch and Maintain Oracle E Business Suite		2015-08-04 05:56:12
R12i Oracle Supplier Lifecycle Management Fundamentals		2014-10-04 06:07:11
R12i Oracle Project Portfolio Analysis Fundamentals		2016-04-07 06:10:00
R12i Oracle General Ledger - Financials Functional Foundation		2016-04-21 13:30:25
R12i Oracle E-Business Tax Fundamentals		2016-04-21 13:31:20
R12i Oracle Purchasing Fundamentals		2014-10-04 06:18:44
R12i Oracle Receivables Fundamentals		2014-10-04 06:23:23
R12i Oracle iProcurement Fundamentals		2014-10-04 06:28:12
R12i Oracle Shipping Execution Fundamentals		2014-10-04 06:30:54
R12i Advanced Pricing Fundamentals		2014-10-04 06:30:54
R12i Oracle Service Contracts Fundamentals		2014-10-04 06:30:54
Oracle Fusion Applications Installation, Patching and Administration		2014-10-04 06:44:19
Oracle Fusion General Ledger - Functional Foundation (on R11.1.7)		2014-10-04 06:47:39
R12i Oracle Purchasing - Advanced		2016-04-21 13:43:10
R12i Oracle Sourcing - Advanced		2014-10-04 06:57:44
R12i Oracle Project Costing Fundamentals		2014-10-04 07:00:37
R12i Oracle Project Resource Management Fundamentals		2016-04-04 14:17:23
R12i Oracle E Business Suite Fundamentals (FREE)		2014-10-04 05:44:26
R12i Oracle Order Management Fundamentals - Introduction (FREE)		2014-11-16 22:36:44
R12i Oracle Service Contract Fundamentals - Introduction (FREE)		2014-11-16 22:38:50
R12i Oracle Purchasing - Advanced - Introduction on R12.2.3 (FREE)		2014-11-16 22:40:04
R12i Advanced Pricing Fundamentals - Introduction on R12.2.3 (FREE)		2014-11-16 22:41:02
R12i Oracle Shipping Execution Fundamentals - Introduction on R12.2.3 (FREE)		2014-11-16 22:42:16
R12.2 Install Patch and Maintain Oracle E Business Suite (FREE)		2014-11-16 22:43:15
R12i Oracle Project Costing Fundamentals on R12.2.3 (FREE)		2014-11-16 22:44:19
Buy ALL Courses (E Business Suite)		2014-11-18 23:51:53
Buy ALL Courses (EBS + FA)		2014-11-18 23:57:04
Oracle E-Business Suite Release 12.2.4 Installation and Patching - End To End		2015-10-27 23:44:25
Mock Interview - Oracle Functional Consultant		2014-12-07 11:16:05
How to change Career from Oracle Technical to Functional Consultant		2014-12-07 11:25:18
R12i Oracle Project Management Fundamentals		2014-12-11 06:04:31
SQL Fundamentals for Oracle Functional Consultants – Basic (FREE)		2014-12-27 09:31:08
Oracle Fusion Applications 11g Essentials		2015-03-08 09:37:24
Oracle AIM Fundamentals		2015-07-12 10:22:00
R11i Oracle E-Business Suite Installation		2015-08-13 11:52:06
R12i Oracle Financial Concepts		2016-04-21 13:29:25
R12i Oracle O2C Lifecycle in integration with iStore and iReceivables		2016-04-18 14:05:20
Oracle E-Business Suite Release 12.2 Installation in Cloud Server		2016-02-15 04:26:22
Oracle E-Business Suite Release 12.2.0 to 12.2.5 Upgrade in Cloud Server		2016-02-25 04:26:00
Buy ALL Cloud Computing Courses		2016-02-24 23:51:00
How to Install Oracle E-Business Suite Release 12.2.5 in Ten Steps? (FREE)		2016-03-24 15:48:12
Oracle Functional Consultant Career – Q & A		2016-05-18 14:48:21

Requirements

Others:

Basic knowledge of Procure-To-Pay process, especially around procurement of services
Basic overview and knowledge of Oracle E Business Suite
Any experience as a Purchasing or Sourcing end-user as buyer/purchasing manager or as a Oracle EBS Technical/Functional Consultant will be advantageous but not necessary

Quiz Status