Process of Fusion Purchasing Approvals
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Understanding Fusion Purchasing Approvals
1. What are the key segments of Fusion Approvals in Oracle Fusion Applications / Oracle Fusion Procurement?
Understanding Fusion Purchasing Approvals:
- HCM – Human Capital Management
- AMX – Approval Management extensions
- Procurement Approval Rules Management Engine
- BPM – Business Process Management
2. How many seeded approvals are available in Oracle Fusion Applications?
- Vendor Registration Approval
- Supplr Spend Authorization Approval
- Purchase Requisition Approval
- Purchase Order Document Approval
- Internal Vendor Registration Approval
- Vendor Negotiation Approval
- Supplr Negotiation Award Approval
3. Understanding Fusion Purchasing Approvals – Approval Structures in Oracle Fusion Applications
4. Approval Stages in Fusion Approvals
Header Pre-Approval Stage contains four participants:
- Requester FYI Participant
- Pre Approval Header Consensus Participant
- Pre-Approval Header First Responder Participant
- Header Hierarchy Participant
Header Stage contains below five participants:
- Head Hierarchy Participant
- Header Hierarchy 2 Participant
- Hierarchy 3 Participant
- Head Stage – First Responder Wins Participant
- Header Stage Consensus Participant
Header Post Approval Stage contains below three participants:
- Head Consensus Participant
- Header First Responder Participant
- Post Approval Header Hierarchy Participant
Post Approval FYI Stage contains participant:
- Preparer FYI Participant
5. Attributes (Seeded)
Oracle Fusion Approvals contain three types of seeded attributes. Below are some of the seeded attributes as an example.
-
Header Level Attributes
- Requisitioning BU
- Requisition Amount
- Preparer
- Ledger
-
Line Level Attributes
- Supplier
- Item
- Price
- Line Amount
-
Distribution Level Attributes
- Project
- Natural Account
- Distribution Account
- Cost Center
In addition to seeded attributes, Fusion Applications allow creating user-defined attributes.
User-Defined Attributes:
- Currency based User-Defined Attributes: If the company is using a standard set of approval rules, which apply across locations then we can simplify the rule maintenance by setting up rules in the same currency, instead of maintaining currency specific rules.
- Custom User-Defined Attributes
- Summation User-Defined Attributes
6. Fusion Purchasing Approvals Rules in Fusion Approvals
Each Approval Rule has three components namely Condition, Attribute, and Action. For Example:
Condition: If Requisition Approval Amount (Attribute) is less than or equal to 1000
Action: No approval required i.e. Auto-Approved
Condition: If Requisition Approval Amount (Attribute) is greater than 1000 and less than or equal to 5000
Action: As per Approval Structure
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