Set Up Procurement Contracts

Learn about all that you need to do to set up Oracle Procurement Contracts.

1. Configure Enterprise Contracts and create an implementation project.

2. Define legal entities.

3. Define business units and assign business function and optionally assign ledger and legal entity.

4. Define item organizations.

5. Define users.

6. Define document sequences.

7. Configure contract management business functions.

8. Define suppliers and their addresses and contacts.

9. Define party roles, contact roles, and role sources.

10. Define contract line types.

11. Define contract types.

12. Manage user statuses and user transitions.

13. Set up electronic signature.

14. Set up common CRM business unit profile option.

15. Assign Procurement Contracts business functions.

16. Define items.

17. Define payment terms.

18. Define FOB and freight terms.

19. Define contract lines descriptive flexfield.

20. Define contract terms library components.

21. Configure file-based import for Enterprise Contracts.

22. Set up approval groups and approval task configurations.

23. Enable contracts for use in Oracle Social Network.

24. Configure scheduled processes.