Interview Question on Source to Settle (S2S) Cycle in Oracle EBS R12
Source to Settle (S2S) Process Overview: What is the Source to Settle (S2S) process in Oracle EBS R12, and what are its key components? Answer: The S2S process in Oracle EBS R12 covers procurement activities from sourcing and supplier selection to procurement, invoicing, and settlement. Key components include supplier management, sourcing, purchasing, invoicing, and payments. Explain the primary objectives of the S2S process in Oracle EBS R12 and its significance in procurement and financial management. Answer: The primary objectives are to optimize supplier relationships, secure cost-effective procurement, and streamline payment processes. It's significant for cost control, efficiency, and supplier collaboration. Supplier Management: What is supplier management, and how does it fit into the S2S process in Oracle EBS R12? Answer: Supplier management involves identifying, evaluating, and managing supplier relationships. It's essential for supplier selection and collaboratio...