R12 Oracle Procurement Contracts Fundamentals

Course Description

In this course, students learn about implementation considerations and set-up steps related to R12 Oracle Procurement Contracts. Students also learn how to author contracts and contract terms and templates, as well as Procurement Contract integration points across the Oracle eBusiness Suite of applications.Learn To: Set up and Implement R12 Oracle Procurement ContractsProgress a contract through it's lifecycleManage the Contract Terms LibraryStudents 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.A Live Virtual Class (LVC) is exclusively for registered students; unregistered individuals may not view an LVC at any time. Registered students must view the class from the country listed in the registration form. Unauthorized recording, copying, or transmission of LVC content may not be made.

Skills Gained

• Identify the Steps Required to Implement Oracle Procurement Contracts
• Explain Clause Migration and Import Functionalities
• Describe Dependencies on Other Applications
• Manage Repostiory Contracts
• 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

Who Can Benefit

• End Users
• Functional Implementer
• Sales Consultants
• Support Engineer

Prerequisites

• Thorough knowledge of Oracle Applications
• Working experience with Oracle Applications
• R12 Oracle E-Business Suite Essentials for Implementers (D49493GC10 )

Syllabus

The Oracle Advanced Procurement Suite

• Procurement Contracts Integration with Other Procurement Applications

Procurement Contracts Integration with Other Procurement Applications

• Contract Life Cycle Management
• Oracle Procurement Contracts Benefits

Procurement Contracts Lifecycle

• Establish Standards
• Author and Negotiate
• Approve and Sign Contract
• Monitor and Track
• Renew and Closeout

Repository Contracts

• Repository Contracts
• Contract Workbench

Procurement Contracts Roles and Controls

• Typical Contract User Business Roles
• Multi-Org Access Control Architecture

Contract Standards

• Contract Terms Library Structure
• Contract Templates
• Standard Clauses
• Deliverables
• Variables
• Folders

Contract Expert

• Contract Expert Rules

Contract Lifecycle

• Purchasing Contracts
• Contract Terms

Procurement Contracts in the Buyer’s Work Center

Supplier Authored Contracts

• Master-Child Agreements

Microsoft Word Synchronization

• Microsoft Word Synchronization Benefits

Contract Negotiations in Sourcing

• Online Contract Negotiations
• Approving Contracts
• Document Binding

The Contract Deviations Report

The Contract Workbench

• Contracts Home Page
• Repository Contracts

Setting up and Implementing Oracle Procurement Contracts

• Release 12 New Features Set Up
• Buyer’s Work Center Document Style Setup
• Multi-Org Access Control Setup
• Levels of Access
• Contract Authoring Setup
• Clause Migration and Import
• XML Interface for Clause Import Setup and Process
• Layout templates

Dependencies On Other Applications

• Dependencies Integral To Procurement Solution
• Conditional Dependencies