Procure to Pay Lifecycle Overview

Copyright Oracle Corporation, 2002. All rights reserved.

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 to pay process Describe how the procure to pay process fits into the Oracle eBusiness suite of applications

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Copyright Oracle Corporation, 2002. All rights reserved.

Overview of Oracle Application Integration

Depreciation/ Asset Transactions Assets General Ledger Assets Payables/ Expenses/ Payments Payables Receivables/ Revenue/ Receipts

Receivables
Invoices

Inventory Activity

Suppliers
Accruals

Customers

Accounting

Requisitions
Items Purchasing/ iProcurement
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Inventory Internal Requisitions

Order Management

Copyright Oracle Corporation, 2002. All rights reserved.

Procure to Pay Lifecycle

Requisitions Catalog Content Management Purchase Orders Ordering

RFQs/ Quotations

Receiving
Sourcing Analysis Invoice/ Payment

Supplier management Supplier Performance

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Reporting

Copyright Oracle Corporation, 2002. All rights reserved.

Oracle Procure to Pay Process

Demand Source

Purchase requisition

Request for quote (RFQ)

Supplier

Quotation

Order

Receive

Pay

Purchase order

Receipts

Payment

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Copyright Oracle Corporation, 2002. All rights reserved.

Demand: Requisitions
Demand

Inventory

WIP

ASCP

Order Mgmt

Other Systems

Import/reschedule requisitions Internal Order Mgmt sales order

Approval
Manually create Requisition Requisition pool
Copyright Oracle Corporation, 2002. All rights reserved.

PO

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Source: RFQs and Quotations

Requisition pool

Supplier

Print/Send RFQ Manual Quotation RFQ

Supplier lists

Oracle Sourcing or iSupplier Portal

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Copyright Oracle Corporation, 2002. All rights reserved.

Suppliers

Purchase requisition

Request for quote (RFQ)

Quotation

Supplier

Purchase order
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Receipts

Returns

Payment

Copyright Oracle Corporation, 2002. All rights reserved.

Purchase Orders
Approve Manually create PO Maintain documents Requisition pool Automatically create

Accept

Revise

Control

Receive against PO

Match invoices in Payables

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Copyright Oracle Corporation, 2002. All rights reserved.

Receiving

Shipment Supplier Transfer Inventory

Receive
Order Entry

Deliver

Shop floor

Inventory
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Internal shipment

Inspect

Expense

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Invoicing

Receive invoices

If appropriate, match invoice to purchase order

PO Enter invoice Enter basic information Enter detailed information Maintain invoices

Invoice

File invoices

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Copyright Oracle Corporation, 2002. All rights reserved.

Payment
Select approved invoice Pay invoice Run payments in batch Create single payments Format payments: Print checks Load EFT data Modify payment batch: Remove/add invoices Modify payment details Confirm payment batch: Confirm checks Update invoice Payment history

Record manual payment

Create manual payment outside Payables

Create computergenerated payment
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Copyright Oracle Corporation, 2002. All rights reserved.

Summary

You should be able to do the following: Describe the procure to pay process flow Describe the key areas in the procure to pay process Describe how the procure to pay process fits into the Oracle eBusiness suite of applications

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Copyright Oracle Corporation, 2002. All rights reserved.