The P2P cycle is a necessary process that helps ensure the accuracy of financial data in Oracle Applications including the accounting entries & tables. Learn More!
Oracle provides the Smart Form functionality to streamline the Requisition process. The Smart Form is used in together with user-defined Information Templates.
In this presentation we will discuss the business requirements for Smart Forms and Information Templates, and their role in streamlining the Requisition process. We will go into the detailed configurations and take some real-live examples of Smart Forms from past projects.
Oracle Process Manufacturing enables firms to better manage batch production involving variable ingredients, scalable recipes and flexible routings to satisfy unique specifications typically found in chemicals, food and beverage, life sciences, pharma and natural resources.
Oracle provides the Smart Form functionality to streamline the Requisition process. The Smart Form is used in together with user-defined Information Templates.
In this presentation we will discuss the business requirements for Smart Forms and Information Templates, and their role in streamlining the Requisition process. We will go into the detailed configurations and take some real-live examples of Smart Forms from past projects.
Oracle Process Manufacturing enables firms to better manage batch production involving variable ingredients, scalable recipes and flexible routings to satisfy unique specifications typically found in chemicals, food and beverage, life sciences, pharma and natural resources.
This presentation is about how to Create Drop Ship Sales Order Across the Operating Units in R12i and then how to perform Inter company Transactions.
Here I will discuss following Process
1.Drop Ship SO Creation
2.PO Creation
3.Receiving against PO
4.AP/AR Invoice Creation
5.Intercompany Invoice Creation
Oracle EBS ERP user group presentation. Originally presented in April 2007 at the COLLABORATE 07 conference in Las Vegas. Addresses EBS 11i but relevant to R12!
The Accounts Payment Cycle represents the sequence of all essential steps that must be followed by the production, purchasing/procurement, and accounting departments to complete all activities required for the procurement of goods and services comprising three major phases.
This presentation is about how to Create Drop Ship Sales Order Across the Operating Units in R12i and then how to perform Inter company Transactions.
Here I will discuss following Process
1.Drop Ship SO Creation
2.PO Creation
3.Receiving against PO
4.AP/AR Invoice Creation
5.Intercompany Invoice Creation
Oracle EBS ERP user group presentation. Originally presented in April 2007 at the COLLABORATE 07 conference in Las Vegas. Addresses EBS 11i but relevant to R12!
The Accounts Payment Cycle represents the sequence of all essential steps that must be followed by the production, purchasing/procurement, and accounting departments to complete all activities required for the procurement of goods and services comprising three major phases.
Purchasing is the first phase of Materials Management. Purchasing means procurement of goods and services from some external agencies. The object of purchase department is to arrange the supply of materials, spare parts and services or semi-finished goods, required by the organization to produce the desired product, from some agency or source outside the organization.
Part of the induction course for students undertaking diploma and degree in environmental lab science, public health, Analytical Chemistry, Applied Biology, Medical Lab Sciences and Food Technology.
This is the user manual of an order to cash application which was created as an assignment in the subject of Management Information System (MIS) in Term 6 of the EMBA program (batch of 2010-13) at Vinod Gupta School of Management, IIT Kharagpur. Zoho Creator has been used as the application development platform on the cloud.
NetSuite Procure to Pay streamlines your purchasing and payment processes for improved efficiency and cost reduction. Get out more information about this novel solution right away.
Routing Jobsite Field Data for Approval and Billing in 4castplus4castplus
Enabling the "Intelligent Jobsite" - This Explainer presentation describes how 4castplus solves a common scenario in construction projects where data is captured from the Jobsite/Field and routed to the office for processing, approval and billing. Using 4castplus, this process is streamlined where all the data is entered and invoiced in the same system.
How Life Sciences Can Meet the Track and Trace Supply Chain Challenge.pptxJade Global
For life sciences companies, the prevalent question is how to overcome supply chain challenges while tracking and tracing pharmaceutical and biotech products. Read the presentation to know more about how Life Sciences Meet Supply Chain Challenges.
The Future of API Management: Trends and InnovationsJade Global
API management plays a vital role in enabling digital transformation initiatives for organizations by facilitating the creation, publication, security, and monitoring of APIs. Effective API management solutions are essential for building software applications securely and efficiently. With the ever-evolving technology landscape, exploring emerging trends and future prospects in API management is crucial. In this presentation, we will delve into the exciting possibilities and innovations that lie ahead in API management. Download it now.
Why Boomi iPaaS is the Smart Choice for Your Integration NeedsJade Global
Discover how Boomi iPaaS can streamline your integration workflows with comprehensive capabilities, cloud-native architecture, low-code/no-code platform, scalability, robust security, and excellent customer support. Choose Boomi for rapid time-to-value and competitive advantage.
How to Maximize Data Governance in Snowflake Test EnvironmentJade Global
Jade's Snowflake data masking solution secures customers sensitive data and enhances data governance and compliance in the cloud test environment. Know more here https://bit.ly/3OLsehX
Jade, a Boomi Elite Partner offering IT and business consulting services, we specialize in helping life sciences companies achieve GxP compliance with the Boomi AtomSphere Platform
Top 5 Emerging Trends in Data IntegrationJade Global
Discover how emerging trends like cloud-based integration, big data integration, AI-powered integration, data virtualization, and self-service integration are shaping the future of data integration for businesses. Gain a competitive edge by unlocking new insights and enhancing overall business performance.
Unlock the Power of Supply Chain AnalyticsJade Global
Without robust supply chain analytics, supply chain management relies on guesswork and the “gut instinct” of the executives involved, which is not a reliable way to make business decisions. Learn more.
Seamless SAP and Salesforce Integration Tips, Techniques, and Best PracticesJade Global
SAP and Salesforce integration can bring significant benefits to an organization. This blog highlights SAP and Salesforce Integration Challenges and best practices to follow.
How to Leverage SAP To Meet Withholding Tax Challenges-completedJade Global
Join us in this SAP Webinar hosted by Jade Global to understand how you can reduce risk and increase efficiency by effectively using SAP to manage Withholding Tax. Read more.
Why Businesses Must Adopt NetSuite ERP Data MigrationJade Global
Business Should look at NetSuite for Seamless ERP Data Migration. Follow these Data migration Best Practices & Strategies for ERP implementation. Read Now!
EDI Integration Process Overview & Benefits for Multiple Channel PartnersJade Global
EDI Integration process ensures that the documents are electronically transferred with minimal errors and maximum accuracy. Check out the best practices!
Benefits of Upgrading Oracle E-Business Suite to Latest Release 12.2.11Jade Global
Jade Global can help you to successfully migrate to 12.2.11 to leverage Modern User Experience, Functional Innovation, and bring Operational Efficiency.
Why Should Businesses Partner with a NetSuite ERP ProviderJade Global
NetSuite is the leading ERP solution for growing businesses. Read this blog written by the Jade team, which highlights why you should implement NetSuite ERP for data security, scalability & other business advantages. Learn more.
NetSuite Email Campaigns Best Practices for Delivering ResultsJade Global
Checkout best practices for NetSuite Email Campaign to increase your deliverability and reduce the incidence of your email messages being reported as spam.
Oracle Integration Cloud – Pragmatic approach to integrationsJade Global
Oracle Integration Cloud (OIC) is a lightweight yet robust integration development solution. It provides ease of development and deployment and brings tight security in enterprise-wide applications connectivity regardless of the applications you connect with or where they reside.
Oracle Revenue Management Cloud Service (RMCS)Jade Global
Jade Global have experience implementing RMCS with various customers and have a pool of certified and industry expert consultants who can make your implementation journey smooth and delightful.
DevOps and Testing slides at DASA ConnectKari Kakkonen
My and Rik Marselis slides at 30.5.2024 DASA Connect conference. We discuss about what is testing, then what is agile testing and finally what is Testing in DevOps. Finally we had lovely workshop with the participants trying to find out different ways to think about quality and testing in different parts of the DevOps infinity loop.
GraphRAG is All You need? LLM & Knowledge GraphGuy Korland
Guy Korland, CEO and Co-founder of FalkorDB, will review two articles on the integration of language models with knowledge graphs.
1. Unifying Large Language Models and Knowledge Graphs: A Roadmap.
https://arxiv.org/abs/2306.08302
2. Microsoft Research's GraphRAG paper and a review paper on various uses of knowledge graphs:
https://www.microsoft.com/en-us/research/blog/graphrag-unlocking-llm-discovery-on-narrative-private-data/
Builder.ai Founder Sachin Dev Duggal's Strategic Approach to Create an Innova...Ramesh Iyer
In today's fast-changing business world, Companies that adapt and embrace new ideas often need help to keep up with the competition. However, fostering a culture of innovation takes much work. It takes vision, leadership and willingness to take risks in the right proportion. Sachin Dev Duggal, co-founder of Builder.ai, has perfected the art of this balance, creating a company culture where creativity and growth are nurtured at each stage.
State of ICS and IoT Cyber Threat Landscape Report 2024 previewPrayukth K V
The IoT and OT threat landscape report has been prepared by the Threat Research Team at Sectrio using data from Sectrio, cyber threat intelligence farming facilities spread across over 85 cities around the world. In addition, Sectrio also runs AI-based advanced threat and payload engagement facilities that serve as sinks to attract and engage sophisticated threat actors, and newer malware including new variants and latent threats that are at an earlier stage of development.
The latest edition of the OT/ICS and IoT security Threat Landscape Report 2024 also covers:
State of global ICS asset and network exposure
Sectoral targets and attacks as well as the cost of ransom
Global APT activity, AI usage, actor and tactic profiles, and implications
Rise in volumes of AI-powered cyberattacks
Major cyber events in 2024
Malware and malicious payload trends
Cyberattack types and targets
Vulnerability exploit attempts on CVEs
Attacks on counties – USA
Expansion of bot farms – how, where, and why
In-depth analysis of the cyber threat landscape across North America, South America, Europe, APAC, and the Middle East
Why are attacks on smart factories rising?
Cyber risk predictions
Axis of attacks – Europe
Systemic attacks in the Middle East
Download the full report from here:
https://sectrio.com/resources/ot-threat-landscape-reports/sectrio-releases-ot-ics-and-iot-security-threat-landscape-report-2024/
Smart TV Buyer Insights Survey 2024 by 91mobiles.pdf91mobiles
91mobiles recently conducted a Smart TV Buyer Insights Survey in which we asked over 3,000 respondents about the TV they own, aspects they look at on a new TV, and their TV buying preferences.
Epistemic Interaction - tuning interfaces to provide information for AI supportAlan Dix
Paper presented at SYNERGY workshop at AVI 2024, Genoa, Italy. 3rd June 2024
https://alandix.com/academic/papers/synergy2024-epistemic/
As machine learning integrates deeper into human-computer interactions, the concept of epistemic interaction emerges, aiming to refine these interactions to enhance system adaptability. This approach encourages minor, intentional adjustments in user behaviour to enrich the data available for system learning. This paper introduces epistemic interaction within the context of human-system communication, illustrating how deliberate interaction design can improve system understanding and adaptation. Through concrete examples, we demonstrate the potential of epistemic interaction to significantly advance human-computer interaction by leveraging intuitive human communication strategies to inform system design and functionality, offering a novel pathway for enriching user-system engagements.
Kubernetes & AI - Beauty and the Beast !?! @KCD Istanbul 2024Tobias Schneck
As AI technology is pushing into IT I was wondering myself, as an “infrastructure container kubernetes guy”, how get this fancy AI technology get managed from an infrastructure operational view? Is it possible to apply our lovely cloud native principals as well? What benefit’s both technologies could bring to each other?
Let me take this questions and provide you a short journey through existing deployment models and use cases for AI software. On practical examples, we discuss what cloud/on-premise strategy we may need for applying it to our own infrastructure to get it to work from an enterprise perspective. I want to give an overview about infrastructure requirements and technologies, what could be beneficial or limiting your AI use cases in an enterprise environment. An interactive Demo will give you some insides, what approaches I got already working for real.
Kubernetes & AI - Beauty and the Beast !?! @KCD Istanbul 2024
P2P Cycle in Oracle Cloud Fusion
1. 1
P2P Cycle in Oracle Cloud Fusion
(step-by-step process and tables)
2. Introduction
“Procure-to-Pay,” referred to as “P2P,”
encompasses the entire set of steps that a
company or an organization performs when it
procures goods or services from a vendor.
Goods or Services mentioned here could
mean raw materials, professional services,
stationery, infrastructure, or any other
miscellaneous expenses.
2
It is important to know how the P2P cycle is essential for the functioning of a business and exactly how it
works and the importance of each stage. Being unaware of the exact steps can lead to confusion and
frustration when working on troubleshooting errors related to the P2P process.
3. 3
The P2P cycle in Oracle Cloud Fusion is a process that starts with a requisition being created in Oracle
Procurement and ends with the supplier being paid fully or partially for the purchase. You should complete
several steps for the cycle to be complete.
What is the P2P cycle in Oracle Cloud
Fusion and its Usage?
4. 1. Creating a Purchase Requisition
4
The first step that initiates the Procure-to-Pay Cycle is Creating a
Purchase Requisition (PR). A requisition is a formal document
used when an employee needs to purchase or order something
on behalf of their organization.
In Oracle Cloud Fusion, an employee (or a user) creates a PR
by navigating to the “Procurements” à “Purchase Requisitions” à
“Enter Requisition Line” screen in Oracle Cloud Fusion Work
Area.
As shown in the screenshot, the requisition form must be filled
out. The requisition must include all the required fields like the
item description, part number, date, quantity, and price.
5. 2. Request for quotation
5
After requisitions are created by entering all the
information mentioned above, the user generates a
request for a quotation (RFQ). An RFQ is a Call for Bid, or
an Invitation for Bid sent by a company to its potential
suppliers.
An RFQ is a document sent to the supplier that outlines
the goods or services needed, along with the buyer’s
price. The RFQ also includes any other terms and
conditions relevant to the purchase.
6. 3. Quotations
6
A quote is an offer that contains the total price of the
products or services.
The supplier sends a quotation, whether in response to
an RFQ or not, through the Purchasing Documents
Open Interface. If you don’t receive quotes electronically
from your supplier, a quotation can be created manually
using a Quotations Form or copying the quotation from
an existing RFQ.
7. 4. Quote analysis
7
Quote Analysis is a process in which the quotations
received are then viewed and approved. In this process,
Purchasing allows you to review or approve quotation
information for an item or a category.
Users approve the quotations if they want buyers or
requestors to reference the quotations on POs or
requisitions.
Quote analysis enables users to review the supplier’s
quotation and ensure that it meets all the buyer’s
requirements.
8. After a quotation is approved, Purchasing allows you to
generate a Purchase Order (PO), a legal document outlining
the terms of sale.
The PO document includes the price, quantity, and need-by
date of the goods or services, it also includes any other
relevant terms and conditions associated with the
purchase.
POs are created, saved, and then submitted for approval
internally within the organization.
8
5. Creating a purchase order
Once approved, the PO document is generated with amount and delivery requirements and then
transmitted to the vendor for fulfilment.
9. Once the goods/services are ordered and shipped by the
vendor, they must go to their final destination. The receipt is
done by entering quantity (accepted quantity) and/or
receiving location into the receiving form in Oracle
Purchasing.
Creating receipts and records of goods arriving at the
distribution center into the warehouse system. The supplier
delivers the goods or services, and the relevant receiving
details are entered, with line items verified to ensure that
everything ordered has been delivered.
9
6. Receiving the goods or services
The receiving form will include fields for the supplier, like ship-to address, and delivery date. This is
completed once all the information has been entered.
10. Once the receipt is entered, the invoice can be
created in Oracle. An invoice specifies the price of
the goods or services and any other terms, and an
essential aspect of the invoice includes a due date
for payment.
10
7. Creating an invoice
11. 11
The invoice which is created and approved needs to be
reviewed. This step is known as invoice validation,
wherein the invoice is checked and validated. The
supplier’s invoice is matched and ensures it aligns with
the PO created earlier.
After Invoice validation and approval, the Accounts
Payables team generates accounting entries. These
accounting entries debit from the Accounts Payable
Account and credit into the Cash Account.
8. Create accounting entries
12. 12
9. Making the payment
The last step in the P2P cycle in Oracle Cloud Fusion
is making the payment to the supplier/vendor. The
payment is made by entering the invoice and PO
numbers (and/or receipt) into Oracle’s payment form.
The payment form also includes more information
about the supplier, ship-to address, and delivery date.
After these are entered, the payment is made and the
cycle ends.
13. Common mistakes during the P2P cycle in
Oracle Cloud Fusion
13
Common errors that can
occur during the P2P
process in Oracle Cloud
Fusion are as follows:
Incorrect/missing account
codes
Invalid/missing vendor
information
Inaccurate/missing purchase
order information
Invalid/missing invoice
information
Incorrect/missing payment
info
14. 14
The P2P cycle involves all necessary and optional
processes that help ensure a smooth requisitioning and
procurement of goods and services, and the accuracy
of financial data in Oracle Applications.
This blog post outlined the P2P cycle in Oracle Cloud
Fusion, including the accounting entries and tables. We
hope you found this information to be helpful!
Conclusion
15. 15
Headquarters
1731 Technology Drive, Suite 350
San Jose, CA 95110, USA
Phone
+1-408-899-7200
Email
info@jadeglobal.com
Website
www.jadeglobal.com
USA I CANADA I UK I AUSTRIA I INDIA
www.jadeglobal.com
Read the Blog
Read the Complete Blog
16. 16
Headquarters
1731 Technology Drive, Suite 350
San Jose, CA 95110, USA
Phone
+1-408-899-7200
Email
info@jadeglobal.com
Website
www.jadeglobal.com
USA I CANADA I UK I AUSTRIA I INDIA
www.jadeglobal.com
THANK YOU
To Know More About our Services, Visit:
https://www.jadeglobal.com/oracle