11i Procurement Contracts Fundamentals
What you will learn:
In this course, students learn about implementation considerations and set-up steps related to Oracle Procurement Contracts. Students also learn how author contracts and contract terms and templates, as well as Procurement Contract integration points across the Oracle eBusiness Suite of applications.
Students learn how to create contracts based on Purchasing documents such as purchase orders. They also learn how to create and manage stand alone contracts known as "repository contracts", which do not have to be related to purchasing documents. Students also learn how to process contracts through the contract lifecyle which includes taking part in contract negotiations, signing contracts, and closing out contracts. Students are also able to experience, through practices in the classroom, the powerful integration with other Oracle Procurement applications such as Purchasing, Sourcing, iProcurement, and iSupplier.
Learn To:
- Manage the Contract Terms Library
- Set up and Implement Oracle Procurement Contracts
- Progress a contract through it's lifecycle
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Schedule/Purchase
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Training Formats
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Price
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Duration
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View Schedule (Link)
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Instructor-Led Training
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SAR 7031.25
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3 Days
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Audience:
- Support Engineer
- Functional Implementer
- Sales Consultants
- End Users
Prerequisites:
Required Prerequisites:
- Thorough knowledge of Oracle Applications
- Working experience with procurement
Suggested Prerequisites:
Course Objectives:
- Describe Oracle Procurement Contracts
- Author Contracts
- Manage contract templates
- Use Contract Expert
- Author Contracts from Oracle Purchasing
- Manage Supplier-authored Contracts
- Manage Contract Negotiations from Oracle Sourcing
- Manage Repostiory Contracts
- Identify the Steps Required to Implement Oracle Procurement Contracts
- Explain Clause Migration and Import Functionalities
- Describe Dependencies on Other Applications
Course Topics:
The Oracle Advanced Procurement Suite
- Procurement Contracts Integration with Other Procurement Applications
Procurement Contracts in the Oracle Advanced Procurement Suite
- Procurement Application Integration
- Procurement Contracts in Purchasing
- Procurement Contracts in iSupplier Portal
Navigating Oracle Procurement Contracts
- Procurement Contracts UI
- Contract Terms Library
- Contract Workbench UI
- Contracts Repository
Procurement Contracts Business Flow
- Complete Contract Life Cycle Management
- Contract Phases
Contracts Terms Library
- Contract Terms Library Structure
- Global Control, Local Access
Contract Templates
- Creating Contract Templates
- Adding Clauses to Contract Templates
- Validating Templates
- Previewing Templates
- Approving Templates
- Searching for Templates
- Contract Template Revisions
- Global Templates
Standard and Related Clauses
- Creating Standard Clauses
- Submitting or Duplicating Clauses
- Defining Related Clauses
- Approving Clauses
- Managing Clauses Across Organizations
- Importing Clauses
Contract Expert
- Contract Creation Questionnaire
- Contract Expert Rules
- Rule Condition Types
- Defining Contract Expert Rules
- Applying Rules to Templates
- Applying Rules Globally
- Contract Expert Flow
Contract Authoring in Purchasing
- Contract Terms
- Levels of Access
- Updating and Deleting Variables
- Displaying Clauses Using a Variable
- Creating and Updating Deliverables
Supplier Authored Contracts
- Managing Supplier Contracts Using MS Word Integration
Contract Negotiations in Oracle Sourcing
Authoring Components in Sourcing
- Authoring Online Contract Negotiations
- Sourcing Negotiation Features
- Online Contract Negotiations
- Contract Negotiation Life Cycle
- Supplier Responses
- Approve and sign contracts
- Document Binding
Contract Deviations Reports
Renegotiating and Closing Out Contracts
Repository Contracts and the Contract Workbench
Implementing Oracle Procurement Contracts
- Mandatory Setups
- Implementation Sequence
Roles and Controls
- Contract Security
- Responsibility
- Contract Level Security
- Resource Setup
Contract Authoring Setup
Clause Migration and Import Functionalities
- Clause Concurrent Programs
- Clause Migration Rules
- Clause Migration Procedure
- Importing Clauses
- Clause Import Program
- Procedure for Importing
- Clause Workflow Notifications
- Template Workflow Notifications
Contract Approvals and Signature Options
- Approval Workflow
- Points of Approval
- Contract Signature Setup
Contract Layout
- Print Layout
- Printing PDF
- Amendment Setup
- Contracts Workbench Setup
- Repository Contracts Setup
Dependencies on Other Applications
- Integral To Procurement Solution
- Conditional Dependencies
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