Purchase Terms
Introduction:
Welcome to the Oracle Cloud Contract Administrator Training enterprise service.
The contract administration team is responsible for authoring, approving, signing and amending Oracle Cloud contract documents. Additionally, they need to ensure relevant procurement transactions roll up into the correct contract documents (spend on contract).
In this service, you/your contract administration team will learn how to:
- Create contract terms (variables, questions, rules, clauses)
- Create simplified and structured contract terms templates
- Create non-financial contracts with pre-suppliers
- Create pre-purchase contracts with suppliers during onboarding
- Create procurement contracts with suppliers from a button within negotiations
- Author & approve contract documents
- Digitally sign contract documents
- Create purchase agreements or purchase orders from within contract transactions
- Track purchasing activity (spend) by contract line.
Purpose:
The PURPOSE of this service is to:
- Learn how to use Oracle Cloud’s contractor administrator-specific applications & processes
- See where Oracle Cloud has designed industry best practices into the software
- Learn how to UNLOCK THE POWER OF ORACLE CLOUD
Scope Areas:
The SCOPE AREAS of this service are as follows:
- Oracle Cloud’s TERMS LIBRARY application & business processes
- Oracle Cloud’s NEGOTIATIONS application & business processes
- Oracle Cloud’s CONTRACTS application & business processes
- DocuSign’s DIGITAL SIGNATURE application & business process (minimal)
- Oracle Cloud’s PURCHASE AGREEMENTS application & business processes
- A contract management DESIGN DISCUSSION
NOTE: this service provider created Panameer’s Procurement Cloud & Enterprise Contracts free end-user training content (courses)!
Location:
The LOCATION of this service is as follows:
- REMOTE – all sessions will be broadcast via Teams to the service buyer/enterprise.
Tasks:
The TASKS per area for this service are as follows:
- TERMS LIBRARY
- Create a Variable
- Create a Rule
- Create a Deliverable
- Create a Clause
- Create a Structured Terms Template
- Create a Simplified Terms Template using an Existing Contract Word Template
- NEGOTIATIONS
- Initiate the contract record from within the negotiation/sourcing event
- CONTRACTS
- Create a Non-Disclosure Contract (For Prospective)
- Create a Master Service Contract (For Spend Authorized Supplier/Sub-Consultant)
- Create a Purchase Contract (For Spend Authorized Supplier/Sub-Consultant)
- PURCHASE AGREEMENTS
- Create a blanket purchase agreement
- Create a contract purchase agreement
- Create a complex purchase agreement (if use retainage)
- DESIGN SESSIONS
- Discuss contract approval and why it is needed
- Discuss digital signatures and why they are needed
- Discuss contract inheritance
- Discuss large sourcing events and how contract lines are created (opt)
Milestones:
This MILESTONES for this service are as follows:
- This service has NO milestones
Deliverables:
The DELIVERABLES for this service are as follows:
- The service provider will deliver a training “script”
- The service buyer will confirm completion of this service (in Panameer) within 48 hours
- The service buyer will rate the service provider (in Panameer) within 48 hours
Schedule:
The SCHEDULE for the SCOPE AREAS listed above are as follows:
- SESSION ONE
- Walk thru the TERMS LIBRARY (60 minutes)
- Walk thru the NEGOTIATIONS (15 minutes)
- Walk thru the CONTRACTS (60 minutes)
- Walk thru the PURCHASE AGREEMENTS (30 minutes)
- Walk thru the DOCUSIGN (15 minutes)
- BREAK – 60 minutes.
- SESSION TWO
- Design Discussion (60 minutes).
Settlement Details:
The SETTLEMENT details for this service are as follows:
- This service is paid for in advance of being delivered.
- To purchase this service, the service buyer must perform the following steps:
- Click the BUY NOW button.
- Pay using the CREDIT/DEBIT CARD option.
- The service provider will receive a notification immediately.
- The service provider will message the service buyer for dates and times within 24 hours.
- Both parties will select a day/time within 48 hours of the purchase notification.
- The service provider will perform the training sessions.
- The service buyer will confirm & rate the service within 48 hours of completion.
Assumption(s):
The ASSUMPTIONS for this service are as follows:
- All SCOPE AREAS are included in the price of this service as defined above.
- The provider will configure an Oracle Cloud instance (in preparation for sessions).
- The provider will create a script listing the steps/tasks to be executed.
- The provider will pre-test the instance using the script.
- The provider will provide the script to the service buyer (helpful for note-taking).
- The provider will perform the session.
- All sessions can be recorded by Panameer only.
- All sessions require permission from Panameer’s management for rebroadcast.
- All sessions are limited to Oracle Cloud delivered applications and functionality.
