Procure to Pay Lifecycle Overview

1. Procure to Pay Lifecycle Overview

2. Objectives • After completing this module you should be able to do the following: • Describe the procure to pay process flow • Describe the key areas in the procure topay process • Describe how the procure to pay process fits into the Oracle E-Business Suite of applications

3. Requisitions CatalogContentManagement Purchase Orders Ordering RFQs/ Quotations Receiving Sourcing Invoice/ Payment Analysis Supplier management Reporting Supplier Performance Procure to Pay Lifecycle

4. Demand Source Purchaserequisition Request for quote (RFQ) Supplier Quotation Order Receive Pay Payment Purchase order Receipts Oracle Procure to Pay Process

5. Demand Other Systems Inventory WIP ASCP Order Mgmt Import/reschedule requisitions Internal sales order Order Mgmt Approval Manually create Requisition Demand Workbench PO Demand: Requisitions

6. Supplier Demand Workbench Print/Send RFQ Manual Quotation RFQ Supplier lists Oracle Sourcing or iSupplier Portal Source: RFQs and Quotations

7. Optionally enter a recommended supplier on a requisition Use a supplier to issue a request for quotation Use that same supplier when you enter a quotation Use supplier information for purchase orders Receive goods or services from suppliers Return goods to suppliers Pay the supplier for the goods or services purchased Suppliers YourCompany Suppliers Purchase requisition Request for quote (RFQ) Quotation or negotiation Purchase order Receipts and returns Invoices and payments

8. Quiz • When you set up a supplier for use in the Purchasing system, you can use the supplier data on POs, Requisitions, Quotations, Receipts, Payments and Returns. • True • False

9. Approve Manually create Automatically create PO Demand Workbench Maintain documents Accept Revise Control Receive against PO Match invoices in Payables Purchase Orders

10. Quiz • Oracle Purchasing supports the following Purchase Order types: • Standard • Active • In-Process • Blanket • Contract • Planned

11. Shipment Supplier Transfer Inventory Receive Deliver Shop floor Order Entry Internal shipment Inventory Inspect Expense Receiving you can require inspection for some items and dock-to-stock receipt for others

12. If appropriate, match invoice to purchase order Receive invoices PO Invoice Enter invoice Enter basic information Enter detailed information Maintain invoices File invoices Invoicing

13. Confirm Payment Process Request: • Confirm checks • Update invoice • Payment history Select approved invoice Pay invoice Format payments: • Print checks • Load EFT data Run payments in batch Record manual payment Modify Payment Process Request: • Remove/add invoices • Modify payment details Create manual payment outside Payables Create single payments Create computer- generated payment Payment

14. Overview of Oracle Application Integration Depreciation/ Asset Transactions Subledger Entries General Ledger Subledger Accounting Assets Assets Receivables/Revenue/ Receipts Receivables Payables/ Expenses/ Payments Inventory Activity Invoices Payables Customers Suppliers Accounting Accruals Requisition/PO Order Management Inventory Items Purchasing/ iProcurement Internal Requisitions

15. Summary • You should be able to do the following: • Describe the procure to pay process flow • Describe the key areas in the procure topay process • Describe how the procure to pay process fits into the Oracle E-Business Suite of applications