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R12.2 Oracle Procurement Contracts Fundamentals

30 Hours
Online Instructor-led Training
GBP 2000
R12.2 Oracle Procurement Contracts Fundamentals course and certification
318 Learners

About this Course

The R12.2 Oracle Procurement Contracts Fundamentals Ed 1 course teaches you how to use and implement Oracle Procurement Contracts. Expert Oracle University 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.

Course Objective

  • Approve and sign a contract
  • Renegotiate and close a contract
  • Manage the contract deliverables, sections, folders, and variables
  • Organize contracts
  • 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
  • Author a contract
Target Audience

  • End User
  • Implementer

R12.2 Oracle Procurement Contracts Fundamentals

Course Details & Curriculum

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

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

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

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

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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