Oracle Billing and Revenue Management Training

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Carefully constructed by our proficient trainer with more than 5+ years of mastery in the Oracle Finance realm, the training offers a thoughtfully designed curriculum that equips learners with in-depth knowledge and expertise in this specific field. The Oracle Billing and Revenue management training prepares you to gain expertise in OBRM Cloud. Modules in this training include integration between BRM and other systems, the architecture, terminologies, billing modules, and infrastructure in BRM. In addition, you will also learn about discounting, billing RA reports, invoicing, formatting, and general ledgers in BRM. You will comprehend topics such as payment processing, adjustments and allocations, taxations, and the collection process. By the end of this course, you will have complete knowledge of topics such as revenue assurance, orders processing, BRM Portal tools, and the BRM Rating engine. This training will help you prepare for the Oracle Billing and Revenue Management Cloud certifications and exams.

In This Module We Will Learn :

OVERVIEW OF OTC

  • What is OTC cycle
  • Departments involved in OTC process
  • Common terminologies used in OTC and Billing and revenue management
  • Sales team overview – functions of sales team, importance of sales in OTC process
  • Credit Management – Functions of credit team, how credit analysis is done, how billing terms are determined, payments terms and billing schedules
  • Masterdata Management – Functions, customer creation in Oracle system, maintenance of customer data
  • Order management – Functions, processes, revenue management
  • Billing – Functions, how billing is created, how invoices are sent to customers
  • Collections – Functions of collections team, collections strategies, cash flow, cash management and issue resolution
  • Cash Application – functions, how cash is applied, how unapplied and unidentified cash is processed
  • Interlinkages between different teams in OTC process

ORACLE BILLING AND REVENUE MANAGEMENT

  • Introduction to BRM process
  • BRM systems overview – how an account is created and how BRM manages data 

OVERVIEW OF BILLING IN OBRM

  • Billing
  • accounting and billing cycles
  • Accounting cycles
  • Auto billing
  • Deferred billing
  • Multiple billings
  • Credit memos
  • Credit memo/ credit memo rebill

AR BALANCE MANAGEMENT

  • What is Balance
  • Accounts Receivables Management
  • Revenue Management features
  • Adjustments
  • Disputes
  • Refunds
  • Write offs

PAYMENTS MANAGEMENT

  • Payment processing
  • Payment methods
  • Payment processes
  • Managing Payments

CUSTOMER MANAGEMENT

  • Creating customer accounts
  • Activating customers, dealing with inactive customers and closing inactive accounts
  • Discounts offered to customers

REVENUE MANAGEMENT

  • Revenue management Process Flow
  • How and When Revenue is recognized
  • Revenue Clawbacks
  • General Ledgers
  • Tax and how Tax is Determined
  • Revenue Accruing
  • Revenue Recognition
  • Reports


Course Content

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