Course Description

Prepare to pass exam: Oracle Revenue Management Cloud Service 2024 Implementation Professional

The Oracle Revenue Management Cloud 2024 Implementation Professional certification is designed for Implementors, Technical Consultants, Developers who implement Enterprise Resource Planning (ERP) and Financials Cloud solution for Revenue Management. Individuals who earn this certification are skilled at and capable of configuring, implementing, managing, and using the Revenue Management application tools, such as including Standalone Selling Prices, Revenue Contracts, and Reporting.

If you have a valid Oracle Revenue Management Cloud Service Implementation Professional Certification, and your credential has not expired, you can maintain your certification by taking the corresponding shorter Delta exam.

To prepare for the Oracle Revenue Management Cloud Service 2024 Implementation Professional exam, focus on mastering revenue recognition, contract management, and financial reporting within Oracle Cloud. Gain hands-on experience with configuring revenue policies and automating processes, while reinforcing your knowledge through official Oracle documentation, training courses, and practice exams.

Exam topics covered

Revenue Management Overview

• Explain Revenue Principles including new revenue recognition guidance under ASC 606 and IFRS 15
  
• Describe Revenue Management Integration

Configuring Revenue Management

• Configure the Revenue Management application
  

Configuring and Managing Standalone Selling Prices

• Manage Standalone Selling Prices and related configurations
  

Managing Revenue Contracts

• Explain Contracts, Performance Obligations, and Contract Maintenance
  
• Load data using FBDI templates into the application
• Process Customer Contract Source Documents
• Describe The Revenue Management user interface
• Analyze Accounting in Revenue Management

Using Revenue Management Reporting

• Create OTBI reporting objects
  
• Understand Oracle delivered reports 

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