Oracle Procurement Contracts Fundamentals

Start Date End Date Venue Fees (US $)
18 May 2026 Live-Online $ 2,000 Register
13 Sept 2026 Live-Online $ 2,000 Register

Oracle Procurement Contracts Fundamentals

Introduction

This Oracle Procurement Contracts Fundamentals course teaches you how to use and implement Oracle Procurement Contracts. This course 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.

Objectives

    • Approve and sign a contract
    • Renegotiate and close a contract
    • Manage the contract deliverables 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 Contract

Training Methodology

Different learning techniques will be used during the training course, starting from PowerPoint presentations, interactive practical exercises, workshops, focused group discussions, related videos, and business case studies.

Who Should Attend?

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.

Course Outline

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

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 Contract

  • 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

Accreditation

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