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Test Number : 1Z0-1005
Test Name : Oracle Financials Cloud: Payables 2018 Implementation Essentials
Vendor Name : Oracle
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Exam Title : Oracle Financials Cloud: Payables 2018 Implementation Essentials
Exam ID : 1Z0-1005
Exam Duration : 120 minutes
Questions in test : 73
Passing Score : 61%
Format : Multiple Choice Questions (MCQ)
Exam Center : Pearson VUE
Real Questions : Oracle Financials Cloud: Payables 2018 Certified Implementation Specialist (OCS)
Recommended Practice : 1Z0-1005 Online VCE Practice Test

Invoicing - Explain the Integrated Imaging Solution
- Create invoice
- Approve Invoices
- Manage provider information Expenses - Explain expense reporting
- Approve expense reports
- Process expense reimbursements
- Manage Corporate Cards
- Audit Expense Reports
- Set up Expenses Other Payables Topics - Process Income Tax and Withholding tax calculations
- Explain the Close process
- Configure Payables Setups
- Configure Business Units
- Demonstrate payables accounting concepts
- Execute 1099 Reporting
- Describe the Functional Setup Manager Payments - Create a payment
- Execute a Payment Process Request
- Void a payment
- Explain Bank Reconciliations
- Customize Payment Formats
- Set up payments for disbursement
- Explain payment security
- Explain payment approvals Reporting - Explain how to design and use various reporting tools
- Explain Oracle Transactional Business Intelligence (OTBI)
- Use Business Intelligence Publisher (BIP) Reports
- Use the Payables to Ledger Reconciliation Report
- Process intercompany reconciliations



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Oracle Oracle Question Bank

Oracle makes a push for ‘adaptive’ AI to tackle more and more advanced IT issues | 1Z0-1005 PDF download and test dumps

anyway simply being used for selected scientific projects during the past, AI is increasingly taking the mundane out of basic chores while casting off human blunders, similar to forgetting to replace the latest server patches, they add.

Yet, as an rising know-how, it's one organizations are nonetheless working via to have in mind how it can be harnessed and healthy into enterprise programs and approaches to be sure its fullest potential.

Oracle's strategy is to make adoption easy, via adding it into the universal apps corporations use to aid them issues out of the container, instead of getting a customized-constructed AI slowly gain knowledge of from client information, said Loïc Le Guisquet, Oracle's president for Europe, core East, Africa, Asia Pacific and Japan.

in a similar fashion, in the records house, Oracle's self sustaining Database, exploits AI twinned with autonomation that could patch itself and make choices on statistics tuning and security, without the want for human intervention. As Le Guisquet referred to, AI isn't any longer only a promise like 30 years ago, but one being put into use day by day by way of the enterprise's purchasers.

as an example, AI is capable of assist procurement teams enhanced choose buying options. it could actually enable human aid managers to sieve through hundreds of resumes via studying what is required for a job.

For cybersecurity, it is going to enable patches and contours to be activated so that 80 per cent of cyberattacks will also be stopped, said Le Guisquet. These loopholes are customarily open as a result of a lack of human attention, he stated.

Marina Bay Sands

a big cloud push

AI is a large push into the future for a corporation that has concentrated on relocating lots of its clients from its on-premise database onto its personal hosted cloud functions during the past few years.

Oracle's personal adventure in transforming its options offers a great reference factor for consumers, in keeping with Steve Miranda, government vp for Oracle applications Product construction.

He pointed to the speed that the cloud mannequin introduced, which enabled Oracle to deliver more aspects to customers than before.

earlier than 2009, he mentioned, shoppers could upgrade once every 5 to seven years, so the customer records that Oracle had accessible could be from as far back as 10 years lower back. This made it problematic to determine what its clients required, he stated.

With the cloud mannequin, valued clientele are operating the same version and they all have the identical points. This means Oracle might greater without problems measure the effectiveness of the utility's aspects.

"Now, they will very at once make adjustments, measure those changes, make changes and measure these alterations," pointed out Miranda, explaining the iterative development.

He also pointed to using AI across Oracle's a considerable number of application options for ERP (business useful resource planning), human capital administration, deliver chain management and consumer experience.

as an instance, AI can learn the way to approve authorisations, say, for travel costs or hiring of new personnel. it will probably study the behaviour of a supervisor via knowing why, as an instance, he approves one subordinate's charges however decides to query a different's, besides the fact that the quantities are equivalent.

AI can also be applied to client journey. entrepreneurs can with no trouble faucet on the records abilities at hand to investigate if they should electronic mail or textual content a customer to get the choicest opportunity of a response, for instance.

they can also appear to AI for counsel for the timing of the contact to be initiated. These high-quality-grain particulars are laid out for human managers with the assist of AI working the historical past, in accordance with Oracle.

Yet a different illustration of automation comes in the kind of digital assistants, which permit employees to with no trouble claim for his or her costs.

An employee will handiest deserve to snap a photograph of a receipt for lunch and ship it by the use of a message to an automated agent. The system learns from the date and time to peer if the meal was consumed during lunch and to become aware of how much become spent. It approves when every little thing is so as.

The suggestions behind the equipment could be learnt over time however the interface to clients might be primary, in line with Oracle. And there are a whole lot of such apps now purchasable to shoppers to make life a lot more straightforward.

speed is fundamental

indeed, a lot of Oracle's purchasers want to either disrupt a market or radically change fast enough to ride that disruption. besides the fact that children, many don't make it previous the initial tiers.

Fewer than 20 per cent of innovation-concentrated projects are coming to existence, based on a report launched these days with the aid of Oracle. This become basically led to by a lack of focal point and leadership, negative procedures and ongoing resistance to trade.

The survey of greater than 1,850 resolution makers throughout the Asia Pacific place within the cloud options and utility market also confirmed that despite a clear hyperlink between growth and innovation, lots of the organizations interviewed have few plans little plan to be proactive in innovation over the subsequent three years.

among those who have taken a bigger step forward are on the Oracle OpenWorld Asia demonstrate in Singapore. They include Thai financial institution Siam business bank, regional airline Air Asia and Australia's utilized Precision medicine.

Colin Dinn, Siam industrial bank's chief technology officer, pointed out the bank changed into moved to run Oracle on the cloud because of the way clients had been driving their interactions with the financial institution.

With extra capabilities and skill, it helped the financial institution digital radically change a couple of its operations within a short time frame of simply seven months, he told an business viewers on the Oracle OpenWorld Asia event.

For greater counsel and to follow the content material circulate at day two of the conference, watch it right here.


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