Description

1Z0 1065 22 Exam Oracle Procurement Cloud 2022 Preparation

This course is designed to provide participants with the necessary knowledge and skills to prepare for the Oracle Procurement Cloud 2022 Exam 1Z0-1065-22. The course will cover key concepts, functionalities, and best practices related to Oracle Procurement Cloud.

There are some following Course Objectives

• • Objective 1: Understand the fundamentals of Oracle Procurement Cloud; In this objective, participants will gain a comprehensive understanding of the fundamental concepts and principles of Oracle Procurement Cloud. They will learn about the core components, architecture, and key terminology associated with the procurement cloud solution.

• • Objective 2: Learn about procurement processes and workflows; This objective focuses on the various procurement processes and workflows involved in Oracle Procurement Cloud. Participants will explore the procure-to-pay process flow, including requisitioning and approvals, sourcing and negotiations, purchasing and receiving, as well as invoice and payment processing.

• • Objective 3: Explore key features and capabilities of Oracle Procurement Cloud; In this objective, participants will delve into the key features and capabilities offered by Oracle  Procurement Cloud. They will learn about supplier management, catalog management, contract management, supplier qualification management, supplier self-service, and reporting and analytics functionalities.

• • Objective 4: Gain practical experience in configuring and using Oracle Procurement Cloud; Participants will acquire hands-on experience in configuring and utilizing Oracle Procurement Cloud. They will learn how to set up procurement options, define approval rules, configure supplier management, manage catalogs and contracts, utilize self-service procurement, and perform reporting and analytics tasks.

• • Objective 5: Prepare for the 1Z0-1065-22 certification exam; In this objective, participants will receive guidance and resources to prepare effectively for the 1Z0-1065-22 certification exam. They will gain an overview of the exam, understand the exam objectives and topics, access study resources and recommended materials, learn tips for exam success, and practice with sample questions and mock exams.

Introduction to 1Z0-1065-22 Oracle Procurement Cloud

• Overview of Oracle Procurement Cloud: This module provides an introduction to Oracle Procurement Cloud, including its purpose, benefits, and how it enables efficient procurement operations. Participants will understand the role of Oracle Procurement Cloud in modern supply chain management.

• Benefits and features of Oracle Procurement Cloud: Participants will explore the various benefits and features offered by Oracle Procurement Cloud. They will learn how the cloud solution improves procurement efficiency, enhances collaboration with suppliers, streamlines processes, and provides real-time insights.

• Procurement Cloud architecture and components: This section focuses on the architecture and components of Oracle Procurement Cloud. Participants will understand the underlying infrastructure, databases, security measures, and integration options involved in deploying and utilizing the procurement cloud solution.

• Oracle Procurement Cloud certifications: Participants will learn about the available certifications related to Oracle Procurement Cloud. They will gain insights into the certification paths, requirements, and the value of becoming a certified Oracle Procurement Cloud professional.

Procurement Processes and Workflows for Exam

• Procure-to-Pay process flow: Participants will gain a detailed understanding of the procure-to-pay process flow, which encompasses the entire procurement lifecycle. They will learn about the different stages involved, such as requisitioning, approvals, sourcing, purchasing, receiving, and invoice and payment processing.

• Requisitioning and approvals: This section focuses on the requisitioning process and the various approval mechanisms involved. Participants will learn how to create requisitions, define approval rules, configure workflow processes, and manage the approval hierarchy.

• Sourcing and negotiations: Participants will explore the sourcing and negotiations aspects of procurement. They will learn how to identify sourcing requirements, conduct negotiations with suppliers, evaluate bids and proposals, and select the most suitable suppliers for procurement needs.

• Purchasing and receiving: This section covers the purchasing and receiving processes. Participants will understand how to create purchase orders, manage supplier communications, track order fulfillment, receive goods, and reconcile purchase orders with supplier invoices.

• Invoice and payment processing: Participants will learn about invoice and payment processing procedures. They will explore invoice validation, invoice matching with purchase orders, invoice approvals, payment terms, payment processing, and supplier payment reconciliation.

1Z0-1065-22 Exam Key Features and Capabilities

• Supplier management: Participants will gain an in-depth understanding of supplier management capabilities in Oracle Procurement Cloud. They will learn how to onboard and manage suppliers, maintain supplier profiles, assess supplier performance, and foster collaborative relationships.

• Catalog management: This section focuses on catalog management features. Participants will learn how to create and maintain catalogs, manage catalog content, define catalog hierarchies, configure item attributes, and enable self-service catalog browsing and ordering.

• Contract management: Participants will explore the contract management capabilities offered by Oracle Procurement Cloud. They will learn how to create and manage contracts, define contract terms and clauses, track contract compliance, and leverage contract lifecycle management functionalities.

• Supplier qualification management: This section covers supplier qualification management processes. Participants will understand how to define supplier qualification criteria, assess supplier qualifications, manage supplier qualification statuses, and ensure compliance with regulatory requirements.

• Supplier self-service: Participants will learn how to enable and leverage supplier self-service functionalities in Oracle Procurement Cloud. They will explore how suppliers can access and update their information, submit bids and proposals, view purchase orders, and collaborate with buyers.

• Reporting and analytics: This module focuses on the reporting and analytics capabilities of Oracle Procurement Cloud. Participants will learn how to generate procurement reports, create customized dashboards, analyze spending data, monitor supplier performance, and derive insights for informed decision-making.

Configuring and Using Oracle Procurement Cloud

• Setting up procurement options: Participants will gain hands-on experience in configuring procurement options in Oracle Procurement Cloud. They will learn how to define procurement business units, set up approval rules, configure purchasing controls, and establish integration with other enterprise systems.

• Defining approval rules: This section focuses on the configuration of approval rules in Oracle Procurement Cloud. Participants will learn how to define rule criteria, create approval groups and chains, set up routing rules, and ensure appropriate authorization for procurement activities.

• Configuring supplier management: Participants will explore the configuration of supplier management features. They will learn how to set up supplier profiles, define qualification criteria, establish supplier performance metrics, enable self-service supplier portals, and configure supplier collaboration functionalities.

• Managing catalogs and contracts: This section covers the management of catalogs and contracts in 1Z0-1065-22 Oracle Procurement Cloud. Participants will learn how to create and manage catalogs, define catalog content structures, establish contract templates, track contract milestones, and utilize contract authoring tools.

• Using self-service procurement: Participants will gain practical experience in using self-service procurement functionalities. They will learn how to browse catalogs, create requisitions, track order status, manage shopping carts, and leverage self-service capabilities for streamlined procurement processes.

• Performing reporting and analytics: Participants will explore the reporting and analytics capabilities in Oracle Procurement Cloud. They will learn how to generate standard reports, create ad-hoc queries, design customized dashboards, and utilize analytical tools to gain insights into procurement performance and trends.

1Z0-1065-22 Exam Preparation

• Overview of the certification exam: Participants will receive an overview of the 1Z0-1065-22 certification exam. They will understand the exam format, duration, passing criteria, and the importance of obtaining the Oracle Procurement Cloud certification.

• Exam objectives and topics: This section provides a detailed breakdown of the exam objectives and topics. Participants will gain insights into the specific areas of knowledge and skills that will be assessed in the certification exam.

• Study resources and recommended materials: Participants will receive guidance on study resources and recommended materials to effectively prepare for the exam. They will learn about official Oracle documentation, training courses, practice exams, and other valuable resources for comprehensive exam preparation.

• Tips for exam success: Participants will receive valuable tips and strategies for exam success. They will learn how to manage their study time effectively, approach exam questions, eliminate common mistakes, and optimize their performance during the certification exam.

• Practice questions and mock exams: This section provides participants with practice questions and access to mock exams. They will have the opportunity to assess their knowledge, identify areas for improvement, and simulate the exam environment to enhance their confidence and readiness for the certification exam.

Information of 1Z0-1065-22 Exam Oracle Procurement Preparation