1Z0-1065-24

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1Z0-1065-24 Exam Dumps PDF + Practice Test
Exam: 1Z0-1065-24
Exam Name: Oracle Fusion Cloud Procurement 2024 Implementation Professional Exam
Certification(s): Oracle Cloud
Questions: 73 Questions Answers
Last Updated: Mar 12,2025
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Main points of Oracle 1Z0-1065-24 Test

The Oracle 1Z0-1065-24 exam, "Oracle Procurement Cloud 2023 Implementation Essentials," focuses on the implementation and configuration of Oracle Procurement Cloud (OPC). The main points covered include:

I. Sourcing:

  • Supplier Management: Creating and managing supplier information, including classifications, attributes, and performance metrics. Understanding supplier registration and onboarding processes.
  • Requisitioning: Understanding different requisition types, workflows, and approval processes. Configuring requisition rules and automated workflows.
  • Requisition-to-Order (RTO) Process: Comprehensive understanding of the entire process from requisition creation through to purchase order generation. Knowing the system's capabilities for managing exceptions and deviations.
  • Sourcing Events: Creating and managing different types of sourcing events (e.g., RFIs, RFPs, Auctions). Understanding the strategies and processes involved in sourcing.

II. Procurement:

  • Purchase Orders: Creating, managing, and approving purchase orders. Understanding different PO types and options. Managing changes and cancellations.
  • Contracts and Agreements: Creating and managing different types of contracts (e.g., blanket purchase agreements, service-level agreements). Understanding contract compliance and lifecycle management.
  • Invoice Management: Processing invoices, managing invoice discrepancies, and integrating with other systems. Understanding invoice approval workflows.
  • Payment Processes: Understanding the different payment methods and processes. Managing payment terms and schedules.

III. Reporting and Analytics:

  • Key Performance Indicators (KPIs): Understanding and interpreting key metrics related to procurement performance.
  • Reporting and Dashboards: Using Oracle's reporting and analytics tools to monitor procurement activities and identify areas for improvement.

IV. Integration and Extensions:

  • Integration with other Oracle Cloud applications: Understanding how OPC integrates with other modules within the Oracle Cloud suite (e.g., ERP, SCM).
  • Extensibility: Understanding the capabilities for customization and extension of OPC using APIs and other tools.

V. Setup and Configuration:

  • Setting up the OPC environment: Understanding the necessary configurations and settings required for deploying and implementing OPC.
  • Security: Understanding security concepts and best practices related to access control and data protection.

In summary: The 1Z0-1065-24 exam tests your knowledge of the complete procurement lifecycle within Oracle Cloud, from sourcing to payment, with a focus on implementation and configuration. A strong understanding of the various processes, configurations, and integration points is crucial for success. You should be prepared to answer both conceptual and technical questions.

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