Maximo Application Suite - Manage: Purchasing and Contracts Virtual Classroom Live May 21, 2026

Price: $895

This course runs for a duration of 1 Day.

The class will run daily from 9:30 AM ET to 5:30 PM ET.

Class Location: Virtual LIVE Instructor Led - Virtual Live Classroom.

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Description
Outline

Description

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.

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

Audience:

Consultants, System Administrators, Support, Sales, and Users

Course Overview

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

Other Available Dates for this Course

Virtual Classroom Live
March 19, 2026

$895.00

1 Day 9:30 AM ET - 5:30 PM ET

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