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Maximo Application Suite - Manage: Purchasing and Contracts

This course provides students with an understanding of how purchasing and contracts are managed in MAS Manage including the overall Procurement process and lifecycle, creation of Purchase Orders,...

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$825 USD
Duration 1 day
Course Code MAX4325G
Available Formats Classroom, Virtual

Overview

This course provides students with an understanding of how purchasing and contracts are managed in MAS Manage including the overall Procurement process and lifecycle, creation of Purchase Orders, Purchase Requests, Invoices, RFQs and contracts. Students will learn about Purchasing and Contracts Applications that enable items to be ordered from vendors, and Purchase Order creation and Invoice Reversal. There is also hands-on lab exercises using a Red Hat OpenShift MAS Manage environment.

Skills Gained

After completing this course, you should be able to:

  • Describe the Purchasing and Contracts capabilities in Maximo Manage
  • Create Company Master and Company records
  • Set up the Purchasing options and configuration
  • Create Contracts in Maximo Manage
  • Create Purchase Requisitions and Purchase Orders
  • Describe the Purchasing process and applications
  • Create Invoices
  • Perform the Purchasing and receiving process

Who Can Benefit

Consultants, System Administrators, Support, Sales, and Users

Prerequisites

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Course Details

Module 1: Introduction to Purchasing

  • Course Objectives
  • Purchasing Process Overview
  • Purchasing Lifecycle
  • Company records
  • PR and PO Status
  • PR and PO Lines
  • Contract Overview

Module 2: Contracts

  • Master Contracts
  • Purchase Contracts
  • Price agreements
  • Lease Rental Contracts
  • Warranty Contracts
  • Labor Contracts

Module 3: Requisitioning

  • Purchasing Process
  • Desktop Requisitions
  • Purchase Requisitions
  • PR Types
  • PR Status
  • Purchase Orders
  • PO Status
  • Prorating Services
  • Request for Quotations

Module 4: Receiving

  • Purchasing Process
  • Purchasing Lifecycle
  • Receiving Materials and Services
  • Receipt Types
  • Line Status
  • Returning Items
  • Shipments
  • Shipment Process

Module 5: Invoicing

  • Purchasing Process
  • Invoicing Overview
  • Invoice Lines
  • Invoice Types
  • Invoice Status
  • Invoice Matching
  • Invoice Variance
  • Invoice Reversal
  • Staged Invoice Reversal
  • Centralized Invoicing
  • Automatic Processing of Service Receipts
  • Invoice Transaction

Module 6: Purchasing Options

  • Purchase Options Overview
  • PO Options
  • Contract Options
  • Tax Options
  • PO Labor Options
  • Invoice Options
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Schedule

3 options available

  • Apr 24, 2025 - Apr 24, 2025 (1 day)
    Live Virtual | 9:30AM 5:30PM EDT
    Language English
    Select from 1 options below
    Live Virtual |9:30AM 5:30PM EDT
    Live Virtual | 9:30AM 5:30PM EDT
    Enroll
    Enroll Add to quote
  • May 22, 2025 - May 22, 2025 (1 day)
    Live Virtual | 9:30AM 5:30PM EDT
    Language English
    Select from 1 options below
    Live Virtual |9:30AM 5:30PM EDT
    Live Virtual | 9:30AM 5:30PM EDT
    Enroll
    Enroll Add to quote
  • Jun 19, 2025 - Jun 19, 2025 (1 day)
    Live Virtual | 9:30AM 5:30PM EDT
    Language English
    Select from 1 options below
    Live Virtual |9:30AM 5:30PM EDT
    Live Virtual | 9:30AM 5:30PM EDT
    Enroll
    Enroll Add to quote

FAQ

Does the course schedule include a Lunchbreak?

Classes typically include a 1-hour lunch break around midday. However, the exact break times and duration can vary depending on the specific class. Your instructor will provide detailed information at the start of the course.

What languages are used to deliver training?

Most courses are conducted in English, unless otherwise specified. Some courses will have the word "FRENCH" marked in red beside the scheduled date(s) indicating the language of instruction.

What does GTR stand for?

GTR stands for Guaranteed to Run; if you see a course with this status, it means this event is confirmed to run. View our GTR page to see our full list of Guaranteed to Run courses.

Does Ascendient Learning deliver group training?

Yes, we provide training for groups, individuals and private on sites. View our group training page for more information.

What does vendor-authorized training mean?

As a vendor-authorized training partner, we offer a curriculum that our partners have vetted. We use the same course materials and facilitate the same labs as our vendor-delivered training. These courses are considered the gold standard and, as such, are priced accordingly.

Is the training too basic, or will you go deep into technology?

It depends on your requirements, your role in your company, and your depth of knowledge. The good news about many of our learning paths, you can start from the fundamentals to highly specialized training.

How up-to-date are your courses and support materials?

We continuously work with our vendors to evaluate and refresh course material to reflect the latest training courses and best practices.

Are your instructors seasoned trainers who have deep knowledge of the training topic?

Ascendient Learning instructors have an average of 27 years of practical IT experience and have also served as consultants for an average of 15 years. To stay current, instructors spend at least 25 percent of their time learning new, emerging technologies and courses.

Do you provide hands-on training and exercises in an actual lab environment?

Lab access is dependent on the vendor and the type of training you sign up for. However, many of our top vendors will provide lab access to students to test and practice. The course description will specify lab access.

Will you customize the training for our company’s specific needs and goals?

We will work with you to identify training needs and areas of growth.  We offer a variety of training methods, such as private group training, on-site of your choice, and virtually. We provide courses and certifications that are aligned with your business goals.

How do I get started with certification?

Getting started on a certification pathway depends on your goals and the vendor you choose to get certified in. Many vendors offer entry-level IT certification to advanced IT certification that can boost your career. To get access to certification vouchers and discounts, please contact info@ascendientlearning.com.

Will I get access to content after I complete a course?

You will get access to the PDF of course books and guides, but access to the recording and slides will depend on the vendor and type of training you receive.

How do I request a W9 for Ascendient Learning?

View our filing status and how to request a W9.

Reviews

my experince was great from the day i regetered to the actuall day of the class.

the course is good, covers many aspects, wish the lab is a little bit more in depth

The training was very good to understand the concepts and how to set up things .

Courseware was effective but would like to have some PDF material on BPML and XPATH

The class was very vast paced however the teacher was very good at checking in on us while giving us time to complete the labs.