R12i Oracle Services Procurement Fundamentals

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

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Table of Contents

Viewed
Level
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 18 years. He is proficient in Oracle E Business Suite, Oracle Fusion Applications and  Solution Architecture. Originally from India, he has traveled extensively on consulting assignments across South Asia and Australasia. He has worked with some of the well known large corporations, including Oracle Corporation in their Consulting Services division.

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 natural bushes, beaches and countryside over the weekend.

View Kabeer Khan's profile on LinkedIn

 

Courses by this teacher

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R12i Oracle Procurement Contracts Fundamentals 2017-12-02 05:06:00
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
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R12i Oracle Order Management Fundamentals 2014-10-04 05:39:58
R12i Oracle E Business Suite Fundamentals - Advanced 2017-12-03 13:27:00
R12i Oracle Payables - Advanced 2014-10-04 05:48:52
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R12i Oracle Supplier Lifecycle Management Fundamentals 2014-10-04 06:07:11
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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 2017-11-27 06:30:00
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 2017-10-20 06:44:00
Oracle Fusion General Ledger - Functional Foundation 2017-07-14 06:47:00
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 FUNCTIONAL) 2014-11-18 23:51:53
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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 Essentials 2017-08-25 09:37:00
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
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Buy ALL Courses (Fusion Applications FUNCTIONAL) 2014-11-18 23:51:53
Buy ALL Courses (EBS + FA - TECHNICAL) 2014-11-18 23:57:04
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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
Viewed
Duration
Level
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
Get access to all the tutorials in the course now!