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Oracle ERP Cloud

Oracle Fusion Advanced Collections Cloud Learning Subscription

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Quick Info

  • Recorded Videos
  • Price: ₹16,900 (US$215)
  • Recordings: 6 Months
  • Instance: 1 or 6 Month(s)
  • Finely Edited Videos
  • Stepwise Breakdown

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Oracle ERP Cloud

Oracle Fusion Advanced Collections Learning Subscription

Existing Subscribers:   Access Subscriptions

Existing Subscribers of  Financials Portal  get  Additional Discount

Quick Info

  • Recorded Videos
  • Recordings: 6 Months
  • Instance: 1 Month
  • Finely Edited Videos
  • Stepwise Breakdown

Questions? Contact us

Send a WhatsApp Message

Oracle Fusion Adv Collections Training

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Oracle Fusion Advanced Collections Training

Contents

Summary

  • Advanced Collections Concepts and Foundation
  • Foundational Setups and Collections Scoring
  • Collections Strategy Assignment Without Segmentation
  • Collections Strategy Assignment With Segmentation (By Segment)
  • Dunning and Dunning Letters in Advanced Collections
  • Transaction Level Strategy Management
  • Dispute to Credit Memo Flow
  • Customer Bankruptcy
  • Customer Statement

Detailed

Oracle Fusion Advanced Collections Training

Oracle Fusion Advanced Collections Concepts and Foundation

Fusion Advanced Collections Concept Explained

  • Features in Fusion Advanced Collections Explained in Summary

Customer Structure and Collections Levels Explained

  • Customer Structure in Oracle Fusion
  • Collections Levels (Business Levels) Explained
  • Available Collections Level in Fusion Advanced Collections
  • Collections Levels (Business Levels) — Dunning Letters Example
  • Collections Levels (Business Levels) — Different Levels for Different Customers

Collections Methods in Oracle Fusion Explained

  • Collections Strategies Explained
  • Dunning Plans Explained

Collections Scoring and Strategy Assignment Explained

  • Meaning of Collections Scoring Formulas / Engines
  • Collections Scoring Formulas in relation to Strategy Assignment
  • Important Points related to Collections Scoring and Strategy Assignment

Dunning in Fusion Advanced Collections Explained

  • Meaning and Significance of Dunning and Dunning Plans
  • Meaning and Significance of Dunning Letters
  • Collections Scoring Formulas in relation to Dunning Plans
  • Types of Dunning
    • Aged Dunning
    • Staged Dunning

Customer Statements Explained

Oracle Fusion Advanced Collections Training

Foundational Setups and Collections Scoring

Collections Scoring Explained

  • Meaning and Significance of Collections Score
  • Collections Scoring Data Points Explained
  • Collections Scoring Formulas (Engines) Explained
  • Structure of a Collections Scoring Formula
  • How a Collections Scoring Formula Works
  • Collections Scoring Formula – Diagrammatic Explanation

Foundational Setups in Oracle Fusion Advanced Collections – Demonstrated on Fusion Instance

  • Roles and Data Access for Receivables and Collections
  • Creating and Assigning a Collector
  • Setting up Collections Method
  • Setting up Collections Level (Business Level)

Customer Scoring Flow in Oracle Fusion Advanced Collections – Demonstrated on Fusion Instance

  • Reviewing Collections Scoring Data Points
  • Creating a Custom Collections Scoring Formula
  • Performing Collections Scoring
  • Verifying Customer Score
Oracle Fusion Advanced Collections Training

Collections Strategy Assignment Without Segmentation

Strategies Explained

  • Meaning and Significance of Strategies, Strategy Tasks, Strategy Groups
  • Relationship between Strategies, Strategy Tasks, and Strategy Groups
  • How Strategy Assignment Works in Oracle Fusion
  • Meaning and Significance of Lowest Applicable Score

Strategy Assignment Without Segmentation – Demonstrated on Fusion Instance

  • Foundational Setups
  • Creating Strategy Tasks
  • Creating Strategies and Strategy Groups
  • Creating Collections Scoring Formula
  • Performing Collections Scoring
  • View Assigned Strategy
  • Verify Assigned Strategy Tasks
  • Important Points related to Strategy Assignment
Oracle Fusion Advanced Collections Training

Collections Strategy Assignment With Segmentation (By Segment)

Segmentation Explained

  • Strategy Assignment Methods in Oracle Fusion Advanced Collections
    • Without Segmentation
    • With Segmentation
  • Meaning and Significance of Segments
  • Basis of Segmentation
  • Usage of Segmentation
  • Segmentation in Oracle Fusion Advanced Collections — Scenario

Strategy Assignment With Segmentation (By Segment) – Demonstrated on Fusion Instance

  • Foundational Setups
  • Creating Strategy Tasks
  • Creating Strategies and Strategy Groups
  • Creating Collections Scoring Formula
  • Creating Segments
  • Creating Defaults
  • Performing Collections Scoring
  • View Assigned Strategy
  • Verify Assigned Strategy Tasks
  • Important Points related to Strategy Assignment by Segmentation
Oracle Fusion Advanced Collections Training

Dunning and Dunning Letters in Fusion Advanced Collections

Dunning Explained

  • Meaning and Significance of Dunning
  • Meaning and Significance of Dunning Letters
  • Types of Dunning
    • Aged Dunning
    • Staged Dunning
  • Aged Dunning Explained
    • Aging Methods Explained
    • How Aged Dunning Works
  • Staged Dunning Explained
    • Dunning Stage Explained
    • How Staged Dunning Works
  • Dunning – Notable Points

End-to-End Aged and Staged Dunning Flows – Demonstrated on Fusion Instance

  • Foundational Setups
  • Define Dunning Plans
  • Configuring Dunning Email Components
  • Configuring Customer for receiving Dunning Letters
  • Creating Delinquencies
  • Viewing Delinquent Transactions
  • Sending an Aged Dunning Letter
  • Viewing the Aged Dunning Letter from the Customer Contact Inbox
  • Sending a Staged Dunning Letter
  • Viewing the Staged Dunning Letter from the Customer Contact Inbox
  • Important Points relating to Dunning
Oracle Fusion Advanced Collections Training

Transaction Level Strategy Management

Transaction Level Strategy Management – Explained

  • Meaning of Transaction Level Strategy Management
  • Transaction Level Tasks Vs. Regular Tasks
  • Transaction Level Strategy and Strategy Group
  • How Transaction Level Strategy Assignment is triggered
  • Transaction Level Strategy Assignment – Scenario

Transaction Level Strategy Assignment – Demonstrated on Fusion Instance

  • Foundational Setups
  • Dunning Related Setups for sending Dunning Letters as part of Transaction Level Strategy Management
  • Creating Transaction Level Strategy Assignment Setups
  • Performing Transaction Level Strategy Assignment
  • View Strategy Tasks assigned to Transactions
  • Important Points related to Transaction Level Strategy Management 
Oracle Fusion Advanced Collections Training

Dispute to Credit Memo Flow

Dispute to Credit Memo Flow – Explained

  • Meaning and Examples of Dispute
  • Significance of Credit Memo in Disputes
  • How a Credit Memo is auto-generated from a Dispute – Step-by-Step Explanation

Dispute to Credit Memo Flow – Demonstrated on Fusion Instance

  • Foundational Steps
  • Setting up Approval Rules
  • Configuring Dispute Confirmation Letter Template
  • Configuring Customer to receive Dispute Notice
  • Managing Dispute Types
  • Managing Dispute Reasons
  • Creating Delinquencies
  • Reviewing Delinquent Transactions
  • Creating Dispute
  • Auto-Creating Credit Memo
  • View Auto-Created Credit Memo
  • Credit and Rebill Scenario
Oracle Fusion Advanced Collections Training

Customer Bankruptcy

Customer Bankruptcy – Explained

  • Concept
  • Effect of Customer Bankruptcy in Oracle Fusion
  • How Customer Bankruptcy occurs in Oracle Fusion – Step-by-Step Explanation

Customer Bankruptcy Flow – Demonstrated on Fusion Instance

  • Foundational Setups
  • Enabling the Bankruptcy Feature
  • Configuring Approval Rules
  • Bankruptcy Status not updated – how to troubleshoot
  • Managing Bankruptcy Reasons
  • Configuring Bankruptcy DFFs
  • Requesting Bankruptcy
  • Approving Bankruptcy
  • Updating the Collections Dashboard
  • View Updated Customer Status
  • Invoice Write-Off Scenario — how to Perform
Oracle Fusion Advanced Collections Training

Customer Statements

Customer Statements – Explained

  • Concept of Customer Statements
  • Scope of Customer Statements
  • Statement Cycles
  • Statement Delivery Types

Customer Statements Flow – Demonstrated on Fusion Instance

  • Foundational Setups
  • Creating Statement Cycle
  • Creating Aging Method
  • Configuring Customer for Receiving Statements
  • Managing Messages for Customer Statements
  • Sending Customer Statements
  • Reviewing Customer Statements from the Customer Contact Inbox
  • Consolidated vs Separate Customer Statements — Scenario and Explanation
  • How to implement Consolidated Customer Statements

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