You are on page 1of 13

Procure to Pay Lifecycle Overview

Copyright © Oracle Corporation, 2002. All rights reserved.
Objectives

After completing this module you should be able to do the following:
• Describe the procure to pay process flow
• Describe the key areas in the procure to
pay process
• Describe how the procure to pay process fits into the Oracle eBusiness
suite of applications

1-2 Copyright © Oracle Corporation, 2002. All rights reserved.
Overview of Oracle Application Integration

Depreciation/ Asset
Transactions
Assets General Ledger
Assets
Receivables/
Revenue/ Receipts Receivables
Payables/ Expenses/
Payments Inventory
Activity Invoices
Payables Customers
Suppliers
Accounting
Accruals

Requisitions Order
Items Inventory Management
Purchasing/
iProcurement Internal Requisitions

1-3 Copyright © Oracle Corporation, 2002. All rights reserved.
Procure to Pay Lifecycle
Requisitions
Catalog
Content
Purchase
Management
Orders

Ordering
RFQs/ Receiving
Quotations Sourcing
Invoice/
Analysis Payment

Supplier
management Reporting

Supplier
Performance

1-4 Copyright © Oracle Corporation, 2002. All rights reserved.
Oracle Procure to Pay Process

Demand Source

Purchase Request for Supplier
Quotation
requisition quote (RFQ)

Order Receive Pay

Purchase order Receipts Payment

1-5 Copyright © Oracle Corporation, 2002. All rights reserved.
Demand: Requisitions
Demand

Other
Inventory WIP ASCP Order Systems
Mgmt

Import/reschedule
requisitions

Internal
Order Mgmt
sales order

Approval

Manually Requisition
create Requisition
pool PO

1-6 Copyright © Oracle Corporation, 2002. All rights reserved.
Source: RFQs and Quotations

Requisition Supplier
pool

Print/Send RFQ
Manual
Quotation
RFQ

Supplier
lists
Oracle Sourcing
or iSupplier Portal

1-7 Copyright © Oracle Corporation, 2002. All rights reserved.
Suppliers

Purchase Request for
requisition quote (RFQ) Quotation

Supplier

Purchase
order Receipts Returns Payment

1-8 Copyright © Oracle Corporation, 2002. All rights reserved.
Purchase Orders
Approve

Manually create Automatically create
PO
Requisition
Maintain documents pool

Accept Revise Control

Receive against PO Match invoices in
Payables

1-9 Copyright © Oracle Corporation, 2002. All rights reserved.
Receiving

Shipment

Supplier Transfer Inventory

Receive Deliver
Shop floor
Order Entry

Internal
Inventory shipment Inspect Expense

1-10 Copyright © Oracle Corporation, 2002. All rights reserved.
Invoicing

Receive If appropriate, match invoice
invoices to
purchase order

PO Invoice

Enter invoice

Enter basic
information

Enter detailed
Maintain invoices File invoices
information

1-11 Copyright © Oracle Corporation, 2002. All rights reserved.
Payment

Confirm payment batch:
Select • Confirm checks
approved • Update invoice
invoice • Payment history
Pay invoice
Format payments:
Run • Print checks
Record manual payments • Load EFT data
payment in batch
Modify payment batch:
Create manual
Create • Remove/add invoices
payment outside
single • Modify payment details
Payables
payments
Create computer-
generated
payment

1-12 Copyright © Oracle Corporation, 2002. All rights reserved.
Summary

You should be able to do the following:
• Describe the procure to pay process flow
• Describe the key areas in the procure to
pay process
• Describe how the procure to pay process fits into
the Oracle eBusiness suite of applications

1-13 Copyright © Oracle Corporation, 2002. All rights reserved.