Oracle Apps R12 Purchasing New Features

 The Professional Buyer’s Work Center speeds up daily purchasing tasks by providing buyers with a central launch pad from where they can efficiently perform their daily tasks, such as:

o Viewing and acting upon requisition demand

o Creating and managing orders and agreements

o Managing contract deliverables

o Running negotiation events, including auctions and RFxs

o Managing supplier information

Oracle Apps R12 Purchasing Financials Options

Financials Options:

Use the Financials Options window to define the options and defaults that you use for your Oracle Financial Application(s). Values you enter in this window are shared by Oracle Payables, Oracle Purchasing, and Oracle Assets. You can define defaults this window to simplify supplier entry, requisition entry, purchase order entry, invoice entry, and automatic payments. Depending on your application, you may not be required to enter all fields.