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Workaround for Services Procurement on Cloud

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edited Mar 30, 2018 11:00PM in Purchasing 12 comments

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At the moment, services procurement capabilities are not available in procurement cloud. Following are the few suggestions proposed.

  1. Model the milestones as purchase order lines. For example, when a large equipment say boiler need to be purchased with various payment milestones create each milestone as a purchase order line like 10% at the time of PO, 20% of PO amount when supplier design is approved, 50% of amount when material is received, 20% after successful commission. By this, each milestone can be tracked and payment can be made progressively.
  2. Oracle Projects Portfolio Management Cloud can also be considered (leverage project-task milestone based payments). You can refer 
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