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Learn ORACLE Procure To Pay from best Institutes in Ranchi. Procure to pay or purchase to pay or P2P is the process of obtaining and managing the raw materials needed for manufacturing a product or providing a service. It involves the transactional flow of data that is sent to a supplier as well as the data that surrounds the fulfillment of the actual order and payment for the product or service. Mainly three applications are involved in Financial Module of P2P cycle such as Purchasing(PO), Account Payables(AP), General Ledger(GL). A sophisticated procure to pay system is capable of extracting invoice and payment data from a general ledger, enterprise resource planning (ERP) or customer relationship management (CRM) systems while also accepting transaction data from banks, vendors, shipping and other outside sources and reconciling complex and multiple supplier statements to payments and good received.

Procure to Pay Lifecycle is one of the important Process in Oracle Applications. It means Procuring Raw Materials required to manufacture the final or finished Goods from a Supplier to Paying the Supplier from whom the material was purchased. It involves many steps such as Creation Of Purchase Requisition, Creation of Purchase Order, Receipt of Material, Creation of Payables Invoice and Payment to Supplier. Oracle Purchasing Cloud increases your team’s effectiveness by minimizing time-consuming manual transactions across the entire procure-to-pay cycle. Oracle P2P creates purchase orders from requisitions without manual intervention. It automatically leverages negotiated pricing and terms from supplier agreements. It efficiently manages the document revisions with visual notifications and full change history. It automates supplier invoice processing by integrating procurement with accounts payable.. The below are list of institutes offeres best oracle procure to pay training in Ranchi. You will find training centers which offers oracle procure to pay training with placement in Ranchi. Leave your details to get the oracle procure to pay course fee details from top 10 oracle procure to pay training institutes in Ranchi.
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