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R12.2 Oracle Procurement Contracts Fundamentals

Duration: 2 Days

What you will learn

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.

Learn To:

Understand Procurement Contracts place in the Oracle Advanced Procurement Suite.

Describe the Procurement Contracts Business Flow.
Author and negotiate procurement contracts.
Identify the steps required to implement Oracle Procurement Contracts.
Explain clause migration and import functionalities.
Describe the Oracle Advanced Procurement Suite.

This course is applicable for customers who have implemented Oracle E-Business Suite Release 12 or Oracle
E-Business Suite 12.1 or 12.2
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.

Related Training

Required Prerequisites

R12.x Oracle E-Business Suite Essentials for Implementers

Course Objectives

Approve and sign a contract

Renegotiate and close a contract

Manage the contract deliverables

Copyright © 2017, Oracle. All rights reserved. Page 1

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

Course Topics

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

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

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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

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

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

Copyright © 2017, Oracle. All rights reserved. Page 3