01 Copyright © 2010, Oracle and/or its affiliates. All rights reserved. Procure to Pay Lifecycle Overview
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01Copyright © 2010, Oracle and/or its affiliates. All rights reserved.
Procure to Pay Lifecycle Overview
Copyright © 2010, Oracle and/or its affiliates. All rights reserved.1 - 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
Copyright © 2010, Oracle and/or its affiliates. All rights reserved.1 - 3
Procure to Pay Lifecycle
Requisitions
Purchase Orders
Receiving
Reporting
Invoice/ Payment
Supplier Performance
Supplier management
RFQs/ Quotations
CatalogContent
Management
Sourcing
Ordering
Analysis
Copyright © 2010, Oracle and/or its affiliates. All rights reserved.1 - 4
Oracle Procure to Pay Process
PaymentPurchase order
SupplierRequest for quote (RFQ)
Receipts
Purchaserequisition
Demand Source
Order Pay
Quotation
Receive
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Demand: Requisitions
Approval
RequisitionManuallycreate Demand
Workbench
Order MgmtInternal
sales order
PO
Import/reschedulerequisitions
Inventory WIP ASCP
Demand
Order Mgmt
Other Systems
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Source: RFQs and Quotations
Demand Workbench
Quotation
Manual
Print/Send RFQ
RFQ
Oracle Sourcingor iSupplier Portal
Supplierlists
Supplier
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Suppliers
YourCompany
Purchase requisition
Request for quote (RFQ)
Quotation or negotiation
Purchase order
Receipts and returns
Invoices and payments
Suppliers
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
Copyright © 2010, Oracle and/or its affiliates. All rights reserved.1 - 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.
1. True
2. False
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Purchase Orders
Demand Workbench
Receive against PO Match invoices in Payables
Automatically create
Maintain documents
Accept Revise Control
PO
Manually create
Approve
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Quiz
Oracle Purchasing supports the following Purchase Order types:
1. Standard
2. Active
3. In-Process
4. Blanket
5. Contract
6. Planned
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Receiving
Inventory
Order Entry
Internal shipment Inspect
Transfer
Shop floor
InventorySupplier
Shipment
Expense
Receive Deliver
you can require inspection for some items and dock-to-stock receipt for others
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Invoicing
Receiveinvoices
Enter invoice
Enter basic information
Enter detailedinformation
File invoicesMaintain invoices
If appropriate, match invoiceto
purchase order
PO Invoice
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Payment
Pay invoice
Record manualpayment
Confirm Payment Process Request:• Confirm checks• Update invoice • Payment history
Create manualpayment outside
Payables
Create computer-generated payment
Format payments:• Print checks• Load EFT data
Modify Payment ProcessRequest: • Remove/add invoices• Modify payment details
Run paymentsin batch
Createsinglepayments
Select approved
invoice
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Overview of Oracle Application Integration
Assets
Accounting
SuppliersPayables
Depreciation/ Asset Transactions
AssetsGeneral Ledger
Payables/ Expenses/ Payments
Accruals
Purchasing/ iProcurement
Order ManagementInventory
Internal Requisitions
Requisition/PO
Items
Invoices
Receivables
Receivables/Revenue/ Receipts
Customers
Inventory Activity
SubledgerAccounting
Subledger
Entries
Copyright © 2010, Oracle and/or its affiliates. All rights reserved.1 - 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
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