Oracle Academy encourages computing education globally to improve knowledge, skills development, innovation, and diversity in technology fields. Oracle certifications are professional certifications, and obtaining them requires study, practice, and preparation. Generally, Oracle offers various certifications in various domains such as database, operating systems, virtualization, industries, PaaS, SaaS, management, procurement, logistics, etc. However, in this article, we are focussing on the Oracle (1Z0-1065).
To begin with, let’s talk about Oracle itself. Oracle Academy promotes computing education throughout the world to increase knowledge, skills development, innovation and diversity in technology possibilities. The programs engage with thousands of educational institutions and educators in more than 120 countries, supporting millions of students become college and career ready.
To support constant computer science learning at all levels, Oracle makes available diversity of resources that can be utilised in the classroom and in the not-for-profit academic course- and degree-related research, including technology, student workshops, curriculum and courseware, educator training, and Oracle industry certification and exam preparation materials.
Benefits of Oracle(1Z0-1065):
Here are some benefits of getting certified from the Oracle and becoming Oracle Procurement Cloud 2019 Certified Implementation Specialist.
- Competitive Advantage
- The demanding process of becoming Oracle Procurement Cloud 2019 Certified Implementation Specialist makes the candidate a better technologist. Also, the knowledge that they gain through training and practice will expand their skill set and increase the credibility when interviewing for jobs.
- Career Growth
- 97% of the Global Fortune 500 companies use the Oracle software. These companies want skilled technologists to develop, implement, and administer critical systems. Earning an Oracle (1Z0-1065) certification equips the candidate with these in-demand skills, making them a more marketable candidate.
- Salary Advancement
- Companies value skilled and knowledgeable professionals. According to Oracle’s 2012 salary report, more than 80% of the Oracle Certified reported a promotion, hike, compensation increase or other career improvements as a result of becoming certified.
- Opportunity and Credibility
- The knowledge and skills the candidate obtained by becoming certified will result in greater confidence and increased career security. The expanded skills will also help unlock opportunities with potential employers. According to Oracle’s 2012 salary view, there are more than 80% of the Oracle Certified experts.
About Oracle (1Z0-1065) Exam
If the applicant passes the Oracle (1Z0-1065) test, they will be certified as an Oracle Procurement Cloud 2020 Certified Implementation Specialist. A solid infrastructure and skill in delivering Oracle Procurement Cloud solutions are maintained by an Oracle Procurement Cloud 2020 Certified Implementation Specialist. Purchasing, Self-Service Procurement, Supplier Qualification Management, Contracts, and other subjects are covered in this Oracle (1Z0-1065) exam. It is preferred that you have current training and field experience.
Basic Exam Details
Oracle Academy’s courses are aligned with Oracle University’s professional certifications, allowing candidates to demonstrate their implementation skills and knowledge with a distinction that is recognized by IT professionals and industry experts. So, the candidate should have such knowledge in order to take the exam. Here, we are discussing the basic information regarding the Oracle (1Z0-1065) exam.
Let’s begin with the exam number. The exam number for the Oracle (1Z0-1065) is 1Z0-1065-20. There are 70 questions present in the exam and the candidate will be given 120 minutes for completing their exam. Not to mention, the questions will be present in the multiple-choice format. Also, the passing score for Oracle (1Z0-1065) is 62%. Moreover, the examination fee is ₹10,475.
Who this exam is for:
- Firstly, the Oracle fusion procurement consultants – Entry level, Lateral ERP consultants
- Then, those who are interested in becoming the Oracle Procurement Cloud 2020 Certified Implementation Specialist.
Course Outline
The course outline is the most important area if one is preparing for a challenging exam like Oracle (1Z0-1065). Here, we are going to discuss the course outline in detail which includes all the areas and fields that the Oracle (1Z0-1065) exam includes. So, let’s get started!
1. Procurement Application Overview
- Firstly, explaining Procurement architecture and components
- Secondly, explaining simplified Procure to Pay flow
- Then, procurement applications integration
2. Common Applications for Procurement
- Enterprise Structures
- Also, configuring Applications security, Job roles, Duty roles, and Privileges
- Furthermore, creating Business Units, common Payables, Procurement options, and Approval Management for Procurement
3. Purchasing
- Defining Purchase Document Configuration and Document Styles
- Also, the Business Unit Function configuration, Configure Procurement Business Unit, Document types, Change Order template
- Further, Receiving Parameters for Purchasing
- Moreover, creating Line Types and Change Orders, and assign Procurement agents
- And, setting up Budgetary Control and Encumbrance accounting
- Then, the Financial Orchestration Flow is driven Procurement
- In addition, the Procurement of Consigned Inventory from Supplier
- Lastly, setting up Transaction Manager, Shared Service Center, B2B Communication
4. Supplier Portal
- Explaining objectives, Portal Setup, and maintenance
- And, creating Portal Registration, Supplier Provisioning, and Default Roles
- Also, the Supplier business classification, internal and external supplier registrations
5. Reporting and Business Intelligence for Procurement
- Describing the Reporting and Business Intelligence for Procurement
- Moreover, configuring OTBI, RTF Templates for POs, PRs, Dashboard metrics, and graphs in Purchasing work areas and Sourcing
6. Procurement Contract
- Configuring a Contract Terms Library
- In addition, creating Contract Terms, Procurement Contract, Approvals, and Contract Fulfillment
7. Fusion Functional Setup Manager
- Explain the Application implementation lifecycle
- And, explaining Functional Set Up Enterprise Roles
- Plan and implementation
- Or, configuring offerings
- Generate Set Up Task lists, Offerings, and Options
- Subsequently, assigning Tasks to users
- Furthermore, managing implementation projects
8. Common Procurement
- Managing Supplier configuration and Supplier site assignment
- Defining Payment Terms, UOM, Carriers, and Hazard Classes
- And, defining a Supplier Business classification lookup, Supplier Products, and the Services hierarchy
- Further, creating the Freight Lookups and Purchasing Profile options
9. Self Service Procurement
- Firstly, the Self Service Procurement
- Secondly, managing Profile Options, Catalog categories, Content Maps, and configure Requisitioning Business Functions
- Creating Public Shopping Lists, Smart Forms, Catalog-Category Hierarchies, Templates and Punch-Out
- Also, configuring Requisition approvals
10. Sourcing
- Explain Sourcing configuration objectives
- Use Negotiation styles and Templates
- Create Cost Factors, Attribute lists, Negotiation lookups, and Negotiation lists
- Configure Negotiation and Award Approval, Surrogate Bidding, Online Message, Notification Summary, and two-stage RFQ
- Explain how Supplier Qualification requirements can be captured during negotiations
11. Supplier Qualification Management (SQM)
- Configure SQM and create Questions, Qualification Areas, and Models
- And, setting up SQM Processes and manage Transactions, including Initiatives, Responses, Evaluation of Assessments, and Qualifications
Step-By-Step Preparatory Guide
Preparing for the Oracle (1Z0-1065) exam may be a difficult task, but with proper guidance and knowledge, the candidate can pass it easily. So, let’s start the preparation guide. Like any other vendor, Oracle is also offering training programs, workshops, study material, etc. The candidate can refer to those materials however there are some steps that the candidate needs to follow in order to get certified. Let’s begin with the steps!
1. Visit the Official Site
The very first step in any preparation guide is to visit the official site of the vendor itself, In the case of the Oracle (1Z0-1065) exam, the candidate should visit the official website of the Oracle. The official site provides reliable information and knowledge regarding the particular exam.
2. Learn the Objectives
Objectives are the domains which we have already discussed in the course outline above. These are the areas which the candidate should learn and understand because these are the things which the exam wants to test. So, here we are mentioning the domains once again:
- Procurement Application Overview
- And, common Applications for Procurement
- Also, purchasing
- Then, the supplier Portal
- Reporting and Business Intelligence for Procurement
- Further, Procurement Contract
- Fusion Functional Setup Manager
- Moreover, the Common Procurement
- Self Service Procurement
- In addition, the Sourcing
- Supplier Qualification Management (SQM)
3. Download the Exam Guide
The exam guide is the one which comprises all the details regarding the particular exam. The exam guide for the Oracle (1Z0-1065) includes the requirements, target audience, objectives and its topics, etc. However, the candidate can download the blueprint or exam guide from the official website of the Oracle.
4. Training Programs
The candidate can also enrol for the training programs. The training programs or online course will help the candidate to understand, and expertise every aspect of the exam. There are many platforms offering training programs or online courses today, and also the Oracle. However, the candidate can choose whichever they want. Through the training, the candidate will learn how to implement cloud applications through step-by-step demonstrations, real-world examples, and practical applications. Furthermore, the training is updated with each new product release enabling the candidate to stay current on key product enhancements.
5. Practise Test
We can call practise tests the last step because this step will ensure the candidate about their preparation whether they are fully prepared or not. The practise test will help the candidate to acknowledge their weak areas so that the candidate can work on them. In addition, there are several free practise tests that are present on the internet today. The candidate can opt whichever they want.
To Conclude!
Becoming the Oracle Procurement Cloud 2020 Certified Implementation Specialist will help the candidate in gaining exposure to a broad variety of essential features, functions and responsibilities to use on the job. Also, it improves the potential earning power of the candidate to command a higher salary.
We hope that this preparation guide for the Oracle (1Z0-1065) exam expands the candidate’s knowledge support and validates their skills to advance to potential employers. Further, accessing a solid digital badge that the candidate can add to their social media profiles. So, learn, understand and practise! CLICK HERE FOR MORE PRACTISE TEST!
A great career is just a certification away. So, practice and validate your skills to become Oracle Procurement Cloud 2020 Certified Implementation Specialist!
