Fusion Applications: Procurement Functional Setup 1 - 1

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Fusion Applications: Procurement Functional Setup 1 - 3
In this course the instructor:
• Presents introductory modules.
• Acts as a business analyst representing the case study customer
customer.
• Imparts information to assist you with the Oracle Fusion Procurement implementation.
• Provides review sessions as needed.

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Terminology Note
Throughout this course the terms implementation, configuration, and set up are used
interchangeably The authors acknowledge that from a purely technical point of view
interchangeably.
these terms have slightly different meanings. This course addresses concepts and
challenges related to a functional implementation not a technical implementation (install
and system administration for example). Essentially this course is targeted at individuals
or teams faced with configuring the application the first time to enable use by functional
users.

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Fusion Applications: Procurement Functional Setup 1 - 6
Fusion Applications: Procurement Functional Setup 1 - 7
The decisions about your implementation of Oracle Fusion Applications are affected by your:
• Industry
• Business unit requirements for autonomy
• Business and accounting policies
• Business functions performed by business units and optionally, centralized in shared
service centers
• Locations of facilities

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Oracle Fusion Applications’ strategy sets the new standard for innovation with its complete,
standards-based platform and service-oriented architecture, and is built on two main pillars:
• Complete Solutions: Based on a complete and integrated product strategy. Oracle is
redefining the information technology market by completely engineering information
technology solutions.
• Complete Choice: Based on an open, standards-based product strategy. Offers
customers integrated solutions, with the option of plugging into other Oracle and
nonOracle solutions on both the Oracle Cloud and On-Premise.
Oracle's applications strategy adapts quickly to changing business needs while lowering
integration costs and other short and long-term costs.
Oracle Fusion Financials strategy is to provide a:
• Complete and integrated financial management solution that sets the foundation for
good governance and consistent growth while helping today's fast-growing and dynamic
organizations make better decisions, increase efficiency, reduce costs, and continuously
innovate.
• Comprehensive
C h i solution
l ti th
thatt arms finance
fi professionals
f i l with
ith th
the right
i ht iinformation
f ti att th
the
right time, increases productivity, and accelerates business performance.

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Oracle Fusion Applications has:
• Complete, modular suite of applications including Financials, Human Capital
Management (HCM), Supply Chain, Project Portfolio Management, Procurement,
Customer Relationship Management (CRM), and Oracle Fusion Enterprise Governance,
Risk, and Compliance Management. You have a choice of functionality—whether it’s an
individual module, product family, or the complete suite on the Oracle Cloud or On-
Premise.
• Broad scope, with a few exceptions, in terms of global coverage.
• Strong support for North America, Western Europe, the large and emerging economies
off the
th Asia-Pacific
A i P ifi region,
i andd th
the llarger economies
i off LLatin
ti AAmerica.
i
• A way to work that matches what end users do through role-based dashboards,
embedded business intelligence, and collaboration tools that dramatically increase
productivity and improve decision making.

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 • Allows companies to implement applications in a modular fashion using delivery
strategies that meet their enterprise information technology strategy on either the Oracle
Cloud or On-Premise.
Important: In the supply chain area
area, because customers indicated that they were not looking
to transform core manufacturing, Oracle developed a new product called Oracle Fusion
Distributed Order Orchestration that optimizes heterogeneous order capture and fulfillment
environments.
Oracle Fusion Financials help companies meet their obligations in key areas such as:
• Compliance
• Financial Control
• Regulatory Reporting
• Cost Containment
• Risk Management

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Oracle ERP Cloud Services with Oracle Fusion Applications provides:
• Open, standards-based enterprise resource planning applications that function in the
cloud via a web browser.
• Broad suite of ERP products including:
- Procurement
- Financials
- Accounting Hub Reporting
- Revenue Management
- Project
P j t Management
M t
- Project Financial Management
• Improved performance, lower IT costs, and better analysis and reporting results.

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A full implementation of the Oracle Fusion Procurement suite involves many different sets of
setup tasks. In the lessons of this course, we will focus on the following groups of setup tasks:
pp
• Common Applications Configuration
g for Procurement: Define the configuration
g for
applications that are leveraged across Fusion products.
• Common Procurement Configuration: Define and maintain setup components for the
common procurement configuration including catalogs, supplier configuration, account
rules, and taxes.
• Purchasing Configuration: Define and maintain setup components for Purchasing,
including procurement business function, requisitioning business function, change order
templates, document styles, and procurement agents.
• Self Service Procurement Configuration: Define and maintain profile options and
category hierarchy for Self Service Procurement. Define and maintain flexfields for
information templates.
• Supplier Portal Configuration: Define and maintain setup components for Supplier
Portal configuration including supplier registration, supplier news content, supplier user
roles, and role usages.
• Sourcing
S i Configuration:
C fi ti D fi and
Define d maintain
i t i setup
t components t ffor S
Sourcingi iincluding
l di
negotiation styles, negotiation templates, cost factor lists, and attribute lists.
• Procurement Contracts Configuration: Define and maintain setup components for
Procurement Contracts including the contract terms library and contracts fuflfillment.
• Supplier Fusion Applications:
Qualification Procurement
Configuration: Define Functional
and maintain Setup 1 - 14
setup components for
Supplier Qualification including qualification areas and qualification models.
Note: This is summary information on the implementation setup tasks and may not exactly
Related Fusion Application Implementation Resources:
• Oracle Procurement Cloud Implementation Guide
• Oracle Fusion Functional Setup Manager's User Guide
• Oracle Fusion Applications Installation Guide
Oracle Fusion Applications Administrator and Implementor Roadmap
• Oracle Fusion Applications Common Implementations (My Oracle Support document
1387777.1)
• Oracle Fusion Middleware Enterprise Deployment Guide for Oracle Identity Management
(Oracle Fusion Applications Edition)
Edition).
• Oracle Fusion Middleware User's Guide for Oracle Identity Manager
• Oracle Global Human Resources Cloud Implementing Workforce Deployment

Resource Location
• Oracle Help
p Center ((Documentation Center):
) http://docs.oracle.com/
p

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This Procurement course provides a high-level overview or introduction to functionality that is
common to all Fusion Applications and reviewed in greater detail in other Oracle University
courses.

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