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Format | 1Z0-1012 Course Contents | 1Z0-1012 Course Outline | 1Z0-1012 test
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Exam Title : Oracle Time and Labor Cloud 2018 Implementation Essentials
Exam ID : 1Z0-1012
Exam Duration : 120 minutes
Questions in test
Passing Score : 64%
Format : Multiple Choice Questions (MCQ)
Exam Center : Pearson VUE
Real Questions : Oracle Time and Labor Cloud 2018 Certified Implementation Specialist (OCS)
Recommended Practice : 1Z0-1012 Online VCE Practice Test
Overview - Describe primary Time and Labor business processes
- Configure general system settings
- Describe how workers and managers use workforce scheduling to plan and manage leave time, shifts, and schedules Time Attributes - Design a collection of properties that enables different user groups to report time against different time attribute values
- (NEW FOR 18B) Explain Compensatory Time Time Categories, Layout Sets, Time Consumer Sets, and Groups - Build a collection of time entry layouts for entering, reviewing, and approving time
- Create groupings of time attributes as categories, and use them to group time entries for summarizing, validating, and transferring time; and for processing time rules
- Build time consumer sets that specify approval periods, validation rules, and time transfer rules for each time consumer
- Set up group definitions that are used by Time and Labor
- Configure mass time card creation and mass time entry Time Processing and Time Entry Profiles - Configure worker time processing profiles that associate rule sets, a time consumer set, and time card periods to report, validate, approve, and transfer time
- Build worker time entry profiles that associate a layout set and time entry actions to control access to any time entries
- (NEW for R13) Explain Time Device Setup, Time Device Processing, Time Device Rules, and Time Entry Rules
- (NEW FOR 18B) Explain Increased Time Management efficiency and Timecard search enhancements Approvals - Define approval periods for each time consumer
- Configure approval groups
- Configure time card approval tasks and rules
- Set up approval rules to override the normal approval flow of a timecard
- (NEW FOR 18B) Explain Mass submit and approve Timecards processes Repeating Time Periods - Create time period definitions that produce repeating periods for use in time card entry, approvals, time rules processing, and absence accruals Integrations with Absence Management, Payroll, and Projects - Describe the setup required to validate, approve, and transfer reported time from Time and Labor to Payroll for payment
- Describe how to manage value sets and time card fields to set up Project Time Entry
- Describe time attributes, time card fields, and time entry formats required to enable workers to report absences
- Describe how to set up time collection device integration to reduce administration and time entry errors
- (NEW FOR 18B) Configure Override Time attributes for Rate by criteria Time Rules - Configure templates that enable the reuse of a formula to define multiple rules
- Configure time entry and time calculation rules based on rule templates
- Build sets of time entry and time calculation rules that can be assigned to a group of workers using the worker time processing profile
- Describe the fast formulas to include in rules in various rule templates in Time and Labor Scheduling - Manage shift properties
- Define scheduler profiles
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My Chicago primarily based customer purchased a three-12 months Oracle Planning and Budgeting Cloud (PBC) license back in 2017. The business manufactures biological and inorganic chemical substances, including polymers used in adhesives and coatings, as well as elements for personal care objects. The enterprise runs its world enterprise on SAP and makes use of Oracle EPM for its consolidation and budget techniques.
In 2019, they have been nevertheless struggling to get extra out of their Oracle PBC investment with their usual PBC implementation vender. They identified the value of PBC and switched to a brand new implementation partner who could more suitable help them know their short-time period goals in a cost-constructive method. The business crucial tighter integration with SAP, a stronger consumer interface design, and an average more supportable budgeting platform.
by 2020, Oracle PBC had confirmed itself. Their 3-12 months PBC license was up at roughly the identical time as their HFM license. They decided to put money into Oracle’s enterprise efficiency management commercial enterprise Cloud provider which is produced from 7 separate capabilities including Planning and monetary Consolidation and shut (FCC). Their normal PBC software turned into migrated to Oracle Planning within a number of hours. An implementation venture become required to circulation from HFM to FCC.
One sticking element became the increase in licensing expenses when relocating from the stand-on my own PBC application to the EPM commercial enterprise Cloud provider. It now not made sense to preserve licenses within the EPM enterprise Cloud service for some planning users who only used the gadget 2 weeks a year to enter their annual funds. An offline planning answer changed into applied leveraging Oracle Planning, sensible View, and VBA to assist some annual budget clients with a view to manage the number of required EPM person licenses.
The chemical brand now could be efficiently running both Oracle Planning and FCC in production at a lessen licensing can charge than prior to now with PBC and HFM. moreover, Planning and FCC clients now have a common cloud-primarily based person journey, standardized methods have reduced their guide complexities, and there is expanded data sharing between both cloud capabilities.
The company simply brought SAP HANA online. The next step for them is to alter their existing SAP and Oracle EPM integrations to work on their new HANA platform.
if your PBC license is up for renewal, listed below are some things you'll want to consider about …
1) Hybrid BSO is now the default alternative in the event you create an Oracle Planning application. Hybrid BSO allows dynamic aggregations in a BSO cube. we're seeing definite performance beneficial properties with Hybrid BSO over average BSO. additionally, Hybrid functions are more convenient to put in force and aid because you no longer deserve to run suggestions to combination records after records adjustments by the use of inputs or statistics hundreds.
Your firm could benefit from upgrading your present utility to take skills of this database know-how advancement?
2) I have spent lots of time improving older PBC applications that I actually have either implemented or taken over from different venders. each one of these applications essential somewhat of TLC.
a. make sure the basics are in vicinity:
automatic native archiving of the nightly software backup.
automated removing of 0’s in your database
The cubes are correctly performance tuned
b. make the effort to clear up the muddle. PBC is designed to make use of centralized database functionalities, kinds, and suggestions to effectively guide the software. newbie admins frequently move far from a centralized mannequin and emerge as building pointless suggestions and varieties. from time to time the variety of further guidelines and types can balloon into the hundreds.
c. be sure that your system is properly documented.
d. make certain that safety is tight. here is very true for Work force planning functions that comprise worker stage earnings statistics.
three) Are you getting the most out of the blanketed ASO reporting cubes? An ASO cube is a multidimensional database it truly is designed for reporting in preference to monetary modelling and budgeting. It helps significant amounts of data with a small footprint. The most excellent information is that it appears just like a planning dice from wise View. You get the same drill-to-aspect and slice-and-cube functionality that you've come to expect. listed here are one of the crucial approaches my customers have leveraged Planning ASO Reporting cubes:
GL actuals reporting
shop metrics reporting
historic data stores
every day Flash Reporting
4) Oracle EPM business Cloud provider combines 7 linked EPM capabilities under one license contract and one unified platform. The advantages include:
a. A single consumer authentication system for all seven capabilities.
b. a typical look and believe throughout the capabilities.
c. EPM capabilities which are designed to work collectively as a totally built-in EPM platform.
verify if your firm can take abilities of one of the vital EPM services listed beneath to justify the licensing cost of the Oracle EPM enterprise Cloud service. I constantly provide “art of the possible” sessions for companies who need to be trained greater about some of these features. that you can attain out to me on LinkedIn.
fiscal Consolidation and shut
business facts administration
Profitability and price administration
Paul Mack is a Director for supply Thornton LLP who focuses on guiding agencies although the procedure of developing both their EPM systems and interior EPM capabilities.
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