R12i Oracle Services Procurement Fundamentals

  • Released: 2019-08-06 05:20:04
  • Level: Beginner

Must complete all lessons

Table of Contents

Recoupment Completion and Release of Retainage


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



Plan Name Price
1 Month: $ 49
3 Months: $ 99
6 Months: $ 149


Kabeer Khan

Kabeer is a seasoned Oracle professional and has been working with Oracle Applications since last 20 years. He is proficient in Oracle E Business Suite, Oracle Fusion Applications Cloud 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 working on Oracle E-Business Suite, Oracle Fusion Applications Cloud, Virtualization using VM, Solution Architecture and Cloud Computing on leading cloud provides such as Oracle, AWS, Google, Microsoft Azure etc.

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's Profile on LinkedIn


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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
Recoupment Completion and Release of Retainage