R12.2 Oracle Procurement Contracts Fundamentals Course Overview:

The Oracle Procurement Contracts Fundamentals (R12.2) course is essential for users seeking to set up, manage, and report on procurement contracts within Oracle Applications. Attendees will learn how to create, negotiate, and maintain contracts, understanding both proactive and reactive contract types and their associated workflows and reporting capabilities. By the course’s conclusion, participants will possess comprehensive knowledge of Oracle E-Business Suite contracts, including configuring setup tables, managing contracts, running reports and queries, using contract lifecycle versions, and becoming proficient in the Oracle Advanced Procurement Contract Composer interface. They will also be able to set up notifications and automated updates for contracts.

Intended Audience:

1. Purchasing Personnel: Individuals involved in the procurement and purchasing processes within an organization.
2. Contract Administrators: Professionals responsible for managing and overseeing contract-related activities.
3. Contract Managers: Individuals responsible for the overall management and execution of contracts.
4. Procurement Professionals: Personnel working in the procurement department, responsible for acquiring goods and services for the organization.
5. Individuals with Foundational Experience: Those who have some basic knowledge or experience in contract management but want to build a stronger foundation.
6. Oracle Cloud Buyers: Users of Oracle Cloud who need to manage procurement contracts.
7. Users of Oracle E-Business Suite: Individuals new to using Oracle E-Business Suite for procurement and contract management.
8. Business and IT Users: Individuals who will be supporting and working with Oracle Applications R12, including procurement and contract-related processes.

Learning Objectives of R12.2 Oracle Procurement Contracts Fundamentals:

1. Understand the features, benefits and architecture of Oracle Procurement Contracts.
2. Familiarize yourself with contract types and the elements of an Oracle Procurement Contract.
3. Create and manage catalog contracts, direct awards, blanket purchase agreements and other contract types.
4. Learn what features are available to enable you to set up and manage contract terms and conditions.
5. Set up contract lists, search results and AutoCreate options.
6. Identify the different contract templates used in contract creation.
7. Administer terms and conditions and budget controls.
8. Manage contract award and award criteria.
9. Explore responsibilities for creating and modifying contract reports.
10. Create and manage contract documents, documents drafts, revisions and document distributions.