
Adopt a course methodology that first helps you understand the Antoin transaction cycle and then guides you to set up an implementation of the specific module.
Learn how entitlement defines coverage, services outline the scope of services, usage explains per-unit charging, and parties identify signatories, with sections and clauses organizing these terms.
Explore the service contract header tabs in Oracle applications, including parties, pricing and billing, renewal options, contract templates, clauses, and security settings to define and manage contracts.
Create a new employee in Oracle HRMS, select person type as employee, save the record, and assign the hire to the Less Vision Operations division.
Execute the auto design service contracts process by having Vision Enterprises and Business World negotiate an extended service warranty contract, attach terms from a template, and implement advance invoicing.
Create a service contract manually in Oracle applications by entering contract details, parties, roles, and customer information, with options to use a template later and set a one-year term.
Attach contract terms and conditions by applying the vision operations service contract template, validating entries, and assigning a contract administrator to finalize the service contract definition.
Enter pricing and billing information in Oracle service contracts fundamentals, set immediate terms and invoicing rules, then generate and view a 13-period billing schedule with the schedule button.
Navigate the contract launchpad to create a contract from your contract in the hatched Yamal user interface, then explore contract budgeting and contract history.
Explain contracts versioning demonstrates how contract budgeting creates automatic minor versions (0.0, 1.2.3) for changes, and how major versions increment when significant terms are added, viewable in Oracle Applications.
Configure required setups for the customer acceptance portal, including automatic user creation and password delivery, email notifications, and self-service contract approval via hostname-based URLs.
Learn how to view and manage service contract notifications in the administrator workbench, filter open or information purposes only notifications, and track closed notifications.
Oracle Service Contracts provides a complete contract authoring and execution solution to manage warranties and extended warranties, usage and subscription based services, as well as complex service agreements.
Contract administrators can setup standard service offerings and author service contracts in Oracle Service Contracts. Complex contracts can be quickly created using predefined contract templates, coverage rules, and clauses from a library of standard terms and conditions. Contracts launch pad allows contract administrators to view, modify, renew and terminate contracts from a single workbench. Oracle Service Contracts helps standardize global service offerings while providing the flexibility to author complex contracts tailored for unique customer needs.
Oracle Service Contracts enables you to create and manage the Service Agreements, Warranties, Extended Warranties. This includes service contracts for:
Counter-based usage items like printers or photocopiers
Subscriptions such as a cloud-based software subscription charging monthly fees
Complex repair and maintenance service agreements such as Aircraft maintenance
Service Contracts provides visibility to contract entitlements and assists users in acting upon contractual commitments within the contract.
KEY FEATURES
• Service Contracts Administrator Workbench
• Workflow-driven contract negotiation
• Online Acceptance Portal for customer review of published contracts
• PCI compliant security and encryption for credit cards
• Partial period billing and revenue recognition
• Flexible approval rules with Oracle Approvals Management
KEY BENEFITS
• Standardize contract processes to comply with corporate policies, security standards and revenue recognition guidelines
• Implement and automate best practice policies to maximize service revenue
• Streamline contract negotiation and administration to reduce complexity and costs