Create and Monitor Agreements in Oracle Fusion Purchasing

To create purchase orders and agreements in Oracle Fusion Purchasing and monitor their status from contract fulfillment, run the Track Purchasing Activity, Import Blanket Agreements, and Import Contract Agreements processes.

This topic outlines when and how to run these processes which communicate information back and forth between contracts and purchasing.

Monitoring of Purchase Order and Agreement Status Information

You must run the Track Purchasing Activity process to display information about the status of purchase orders or agreements created in Oracle Fusion Purchasing. You can run this process in the Contracts work area, the Manage Processes task. Select Schedule a New Process to schedule this process to run periodically, depending on your business needs.

Enabling the Creation of Agreements

Purchase orders are created automatically when you initiate a purchase order from a contract fulfillment line. However, you must run Import Blanket Agreements to create blanket purchase agreements and Import Contract Agreements to create blanket contract agreements. You can run these processes from the Purchasing work area, by selecting the appropriate task under the Agreements heading. You can schedule these processes to run periodically, depending on your business needs.

For both processes, you set the following parameters:

• Procurement BU

  Select the business unit on the contracts for which you are creating the agreements.

• Default Buyer

  Select the buyer on the contract fulfillment for whom you want to create agreements.

• Approval Action

  Select one of the following: Do Not Approve, to create a draft agreement, Bypass Approval, to go straight to the buyer for signature, or Submit for Approval, to submit the agreement for approval first.