Oracle Procurement Cloud 2020 Certified Implementation Specialist Certification Has Been Retired
This certification has been replaced by Oracle with new certification(s).
The Oracle Procurement Cloud 2020 Certified Implementation Specialist certification helps individuals to gain foundational knowledge of deploying various Oracle Procurement solutions for the cloud.
Target Audience for This Oracle Designation
This validation is dedicated to those specialists who want to learn about topics like Self Service Procurement, Purchasing, Contracts, or Purchasing. Also, the ideal audience for this certificate is formed by those individuals who want to stay updated with the Oracle cloud solutions and newly launched features. Still, even though it doesnâ€™t have any mandatory requirements, the vendor recommends that the candidates should have prior experience in managing cloud products and solutions.
The candidates who want to get certified need to pass only one exam which is coded 1z0-1065-20. This test includes 55 questions that have a multiple-choice format. The exam-takers will have 85 minutes at their disposal to get the passing score. They will pass this exam only if they answer correctly to 62% of all questions. Also, they should pay a registration fee of $245 to be eligible applicants. Once they are ready to take the exam, the candidates will need to open an account on the CertView platform. Besides, they should use the Pearson VUE site to pay for 1Z0-1065-20 exam and finalize the payment. After taking the official test, the attendees will receive the results very fast. In 30 minutes after they finished the test, the candidates can check their CertView account and can see if they obtained the minimum passing score.
Topics Tested in 1Z0-1065-20 Test
The candidates who want to nail such a test from the first time will need to demonstrate that they possess the following skills:
- Understand how Procurement application works
Under this domain, the exam-takers will need to get in-depth knowledge of how to explain procurement components and architecture. Also, they should be skilled in how to explain the features of Procure, which is simplified, to Pay flow. Finally, applicants will find questions that check their ability to detail apps integration of Procurement.
- Set-up manager for fusion functions
This topic, in particular, includes concepts related to implementation planning. Also, the exam-takers should keep in mind how to configure offerings and assign different tasks to users. Other subtopics explained in this chapter are related to the candidatesâ€™ ability to discern the deploying lifecycle of an application and the set-up of functional enterprise roles. They will also need to be prepared to come up with set-up tasks offerings, lists, and options. Finally, the candidates should be prepared to manage the implementation of a project from beginning to end.
- Understanding general apps used for Procurement
Here, the test-takers must grasp how to make up various units for businesses. This means that they should be familiar with principles related to Procurement options, Approval Management for the latter, and common Payables. The individuals who want to get certified have to also know how to explain enterprise structure. Thus, they will also be asked to demonstrate that they can configure applications security, duty roles, privileges, and job roles.
- Managing common procurement principles
This chapter focuses on checking the candidatesâ€™ ability to outline a supplier classification lookup necessary for businesses. This means that they should know how to work with the Products of Suppliers and get the gist of what Services hierarchy is. The exam-takers need to also be aware of how to create options for Purchasing Profile and Freight Lookups. Another topic discussed in this section is dedicated to defining payment terms, hazard classes, carriers, and UOM. Finally, applicants should know how to manage supplier site assignment and configuration.
- Managing purchasing related topics
Some of the objectives explained in this portion are dedicated to creating change orders and line types, as well as assigning Procurement agents. Moreover, the candidates will be questioned on their understanding of how to manage Document Styles and Purchase Document Configuration. They should also get in-depth knowledge of defining the configuration for Business Unit Function and be able to build up the facets of the Procurement Business Unit, order template for changes, and document types. Next, the applicants need to be skillful to design parameters for receiving & purchasing and also know how to implement a budgetary control strategy and the accounting for encumbrance. Last but not least, the candidates will need to focus on understanding how to set up Transaction Manager, B2B communication, Shared Service Center, together with Supplier Consigned Inventory.
- Explaining procurement used for self-service
In this sector, the candidates will need to learn how to configure requisition approvals. Also, they should gain an understanding of creating shopping lists, forms for smart, catalog-category hierarchies, etc. Besides, examinees need to be able to manage profile options, content maps, and catalog categories. Finally, they should know everything about configuring requisitioning business functions.
- Managing supplier portal objectives
This topic focuses on helping the candidates explain the maintenance, objectives, and Portal Setup. Another subtopic included in this chapter is related to the creation of supplier provisioning, portal registration, and the roles of default. Another category centers on developing the candidatesâ€™ ability to explain the external & internal supplier registration and supplier business classification.
- Explaining sourcing objectives
When they prepare for this domain, the test-takers will need to develop the necessary skills for configuring award approval and negotiation, online messages, surrogate bidding, and notification summary. Also, they should know how to explain the Supplier Qualification requirements and how they can be utilized during business negotiations. The test-takers must also be aware of how to use negotiation templates and styles as well as creating attribute lists, negotiation lookups, and cost factors.
At last, your skills in managing procurement contracts & configuring Project-Driven Supply Chain (PDSC), configuring SQM processes, and managing Transactions as well as creating Qualification Areas, Models, and Questions alongside explaining reporting and managing business intelligence for procurement will be looked at in the official validation.
Career Opportunities for Oracle Procurement Cloud 2020 Certified Implementation Specialists
A certified individual who succeeds in gaining the Oracle Procurement Cloud 2020 Certified Implementation Specialist can apply for the following roles:
- Cloud Procurement Lead;
- Procurement Associate.
Payscale.com mentions that a Cloud Procurement Lead can earn an average salary of $71k for one year. In case he/she becomes certified, the individual can reach an average salary of $94k. According to the same site, the salary that a Procurement Associate can ask from an international company is $78k per year.
Once the certified individuals understand how Oracle Cloud Procurement products work, they can leverage their skills on other connected topics. Therefore, they can choose to get the certification such as the Oracle Order Management Cloud Order to Cash 2020 Certified Implementation Specialist or they can also opt for the Oracle Planning and Collaboration Cloud 2020 Certified Implementation Specialist.