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

Understanding Fusion Purchasing Approvals

4. Approval Stages in Fusion Approvals

Understanding Fusion Purchasing Approvals
Header Pre-Approval Stage contains four participants:

  1. Requester FYI Participant
  2. Pre Approval Header Consensus Participant
  3. Pre-Approval Header First Responder Participant
  4. Header Hierarchy Participant


Header Stage contains below five participants:

  1. Head Hierarchy Participant
  2. Header Hierarchy 2 Participant
  3. Hierarchy 3 Participant
  4. Head Stage – First Responder Wins Participant
  5. Header Stage Consensus Participant

Header Post Approval Stage contains below three participants:

  1. Head Consensus Participant
  2. Header First Responder Participant
  3. Post Approval Header Hierarchy Participant


Post Approval FYI Stage contains participant:

  1. 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.

  1. Header Level Attributes

  • Requisitioning BU
  • Requisition Amount
  • Preparer
  • Ledger
  1. Line Level Attributes

  • Supplier
  • Item
  • Price
  • Line Amount
  1. 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

8 Replies to “Process of Fusion Purchasing Approvals”

  1. Good post. It has good information about Fusion Purchasing Approvals. Thank you for sharing.

  2. Nice post. Thank you for sharing. keep go on.

  3. Very helpful article; these questions really help alot…Thanks for sharing

  4. Nice post. I would like to thank you for sharing this post.Keep go on.

  5. Thank you for the article…really very useful information…Keep sharing it helps a lot…

  6. Nice post. I really want to tell thank you for sharing this post. It helped to know more about Oracle Fusion Procurement. keep posting.

  7. Thanks for sharing such a great article. It clears some of my doubts about purchasing Modules.

  8. Nice questions and answers on Fusion Approvals. It clears my doubts regarding fusion procurement also.

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