Candidates appearing for the Oracle 1Z0-1059-20 exam must possess practical experience in implementing Oracle Revenue Management Cloud Service solutions. Moreover, they are required to possess a detailed knowledge of financial accounting, revenue consolidation, and thorough understanding of relevant revenue recognition policies. Passing the Oracle 1Z0-1059-20 exam opens up a variety of career opportunities for professionals, including roles in business strategy, management, and finance. Oracle Revenue Management Cloud Service 2020 Implementation Essentials certification reflects the commitment of the candidate to excellence in their field and validates their technical expertise in Revenue Operations within an enterprise setup.
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Oracle 1Z0-1059-20 exam is designed for professionals who are interested in obtaining the Oracle Revenue Management Cloud Service 2020 Implementation Essentials certification. 1Z0-1059-20 exam is intended for candidates who have a background in finance, accounting, or revenue management, and who can demonstrate their understanding of the key concepts, features, and functionalities of the Oracle Revenue Management Cloud Service.
The Oracle Revenue Management Cloud Service 2020 Implementation Essentials certification exam requires candidates to have a thorough understanding of revenue management concepts, including revenue recognition, billing, and collections. It also covers the implementation and configuration of Oracle Revenue Management Cloud Service, including the setup of revenue rules and the integration of the service with other Oracle cloud services.
To pass the Oracle 1Z0-1059-20 certification exam, candidates must demonstrate their ability to configure and manage revenue management applications effectively. They must also be able to troubleshoot issues related to revenue management and provide solutions that meet the needs of the organization. Additionally, candidates must have a good understanding of revenue management best practices and be able to apply them to their work.
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Oracle 1Z0-1059-20 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Reporting and Analytics | - Analyzing key performance metrics and reports - Using OTBI dashboards for revenue reporting |
| Integration and Setup | - System and application setup for Revenue Management - Integration requirements with external systems |
| Standalone Selling Price | - Policies for observed and estimated SSPs - Configuring standalone selling price profiles |
| Revenue Management Fundamentals | - Revenue principles and IFRS/ASC 606 concepts - Overview of Oracle Revenue Management Cloud Service |
| Revenue Recognition Operations | - Handling contingencies and performance obligations - Revenue recognition timing and rules |
| Revenue Contracts and Pricing | - Managing customer contracts and data import templates - Pricing dimensions and allocation methods |
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