The Supplier Registration to Supplier Performance life cycle refers to the process of finding prospective suppliers who can meet the organization’s procurement needs and allowing those suppliers to self-register via a secure URL using structured data collection and questionnaires. Procurement Managers will monitor the supplier inputs for accuracy and choose…

In this topic, we will learn about the Invoice to Cash business process life cycle in greater detail. The Invoice to Cash process refers to the end-to-end activity — from the moment the Invoice is created to the moment when the customer’s debt (payment) is settled and reconciled with the…

Let’s start by understanding the key features of the Oracle Procurement Cloud business model. The Procurement business process model refers to the end-to-end business processes enabled by the Oracle applications to create a complete Procure-to-Pay life cycle, from the requisitioning and procuring of goods and services from suppliers to receiving…

In today’s article, I am going to talk about the accounting entries for different Invoice type transactions which are performed under Oracle Fusion Payables Module. Accounting Entries are shown for below type of Invoices: Standard Invoice without Purchase Order Standard Invoice with Purchase Order Standard Invoice for Fixed Asset Purchase Debit/Credit Memo…

Today I am going to talk about Team Scoring for Negatioations in Oracle Fusion Procurement while evaluating Negotiations. You can score a supplier’s response to a negotiation requirement if the requirement was created with a scoring method of <manual>. Requirements can also be scored automatically by the application (or do…

Hello, everybody! Today I would like to share with you the job roles which needs to be assigned to Requisition Preparer in Oracle Cloud Fusion Application. As you know Procure to Pay cycle starts with creating Requisitions. A requisition is a request for goods or services. If approved, a purchase…

Learn the definition and types of Prepayment in Oracle Fusion Applications Good day, everyone:) Hope you are all doing well. I am back with a short article for the 3rd day of my #30daychallenge! If you are working closely with Oracle Fusion Financials then this article is for you. What is a Prepayment? A…

Learn the definition of Business Unit in Oracle Applications Hello, everybody:)Welcome to the 2nd day of my #30daychallenge! Let me explain to you shortly the term which you come across very often if you work closely with Oracle Applications. What is a Business Unit (BU)? A business unit is a unit of an enterprise that performs…

Good day, everybody! Today I am starting a #30daychallenge for writing posts in Medium about everything that I know in Oracle Fusion Applications. The length of the posts will not matter as I am planning to write every day, hence short articles will be preferable. So let’s jump into the…