ORMB Training in Nigeria | Oracle OBRM | Oracle Certification | Oracle

Oracle Revenue Management and Billing Training in Nigeria

ORMB Training South Africa | The Oracle Revenue and Management Billing version 2.X (ORMB) - Developer training trains you how Oracle Revenue and Management Billing (ORMB) serves the needs of a wide variety of banking and financial services companies, including retail, investment & corporate banking, capital markets, payments, credit cards, healthcare insurance (P&C, workers comp, life, TPAs, brokers, etc.) and other industries. Experienced Mildain Training trainers will provide you how Oracle Revenue Management and Billing version 2.6 (ORMB) training is a fully develop an integrated enterprise application for pricing, billing, receivables management & customer care & many more applications. Enroll & Get Certified now!

  • 80 Hours Instructor­ led Online Training
  • Authorized Digital Learning Materials
  • Lifetime Free Content Access
  • Flexible Schedule Learn Anytime, Anywhere.
  • Training Completion Certificate
  • 24x7 After Course Support

Program Calendar

  • Available Dates
    Live Virtual Training
    • cal.png02 March, 2024
    • time.png19:00 - 23:00 IST
    • week.pngWeekend
    Live Virtual Training
    • cal.png09 March, 2024
    • time.png19:00 - 23:00 IST
    • week.pngWeekend
    Live Virtual Training
    • cal.png16 March, 2024
    • time.png19:00 - 23:00 IST
    • week.pngWeekend
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Course Overview

ORMB Training South Africa | The Oracle Revenue and Management Billing version 2.X (ORMB) - Developer training trains you how Oracle Revenue and Management Billing (ORMB) serves the needs of a wide variety of banking and financial services companies, including retail, investment & corporate banking, capital markets, payments, credit cards, healthcare insurance (P&C, workers comp, life, TPAs, brokers, etc.) and other industries. Experienced Mildain Training trainers will provide you how Oracle Revenue Management and Billing version 2.6 (ORMB) training is a fully develop an integrated enterprise application for pricing, billing, receivables management & customer care & many more applications.

Learning Objectives

  • Understand the Product Architecture
  • Learn the technical capabilities of the product
  • Understand the key features & functionality of ORMB
  • Learn how to configure, extend and integrate the product

Prerequisites

SQL and JAVA

Course Curriculum

  • Topic Covered:

    • What Is ORMB
    • Integrated Product Layers
    • ORMB Functional Offerings
    • Administration
  • Topic Covered:

    • Logging In to the Application
    • The Anatomy of All Pages
    • Menu Bar
    • Navigating ORMB
    • Portals Versus Fixed Pages
    • Usability Conventions
    • Portal Preferences
  • Topic Covered:

    • Four Tiers and Supported Platforms
    • The Location of the Business Rules
    • Table and Field Metadata
    • The Application Viewer
    • Prime Keys
    • Language Tables
    • XML Extensions
    • MO Definition
  • Topic Covered:

    • Customer Information
    • Person Concepts
    • Account Concepts and Security Overview
    • Division Concepts and Benefits
    • Contract Type Controls Contract Behavior
    • Customer Hierarchies
    • Invoice Grouping – Customer Hierarchy
  • Topic Covered:

    • Product Types
    • Manage and Create Products
    • Product Parameters
    • Product Relationship
    • Overview Bundle
    • Product Management – Product Relationship
  • Topic Covered:

    • Rate Components
    • Configuration Common to All RC Types
    • Service Quantity Rate Components
    • Rate Version Lifecycle
    • The Structure of a Bill Factor
  • Topic Covered:

    • Pricing Management and Assignment
    • Data & Activity Relationship
    • Multi-Parameter Versus Variance Parameter Based Price Assignment
    • Pricing Inheritance
    • Different Pricing Methods
    • Tiering Criteria and Tiering Approaches
    • Rate Definition
    • Manage Pricelists
  • Topic Covered:

    • Calculated Adjustments
    • The Construction of the FT
    • Bill Print
    • Accounts Payable (A/P) Interface
    • Adjustment Lifecycle
    • Credit Adjustments
    • Inter and Intra Account Transfers
    • Adjustment Staging Control Lifecycle
  • Topic Covered:

    • Bill Lifecycle and ERD
    • Accounting Calendar
    • Billable Charges
    • Recurring and Non-Recurring Billable Charges
    • Bill Segment Lifecycle
    • ORMB Billing Process Flow
    • Cancel/Rebill
  • Topic Covered:

    • Transaction Feed Management – Setup Overview
    • Transaction Aggregation Rule
    • Transaction Source and Record Type
    • TFM Processing Details
    • Validate Transactions
    • Derive Accounts, Products, Product Parameters
    • Disaggregation Process
    • Price Assignment - Rate Transaction
  • Topic Covered:

    • Bill Segment FTs
    • Payment Segment FTs
    • Source of FTs
    • Account Financial History vs Contract Financial History
    • FT Algorithms
    • General Ledger Details
    • FX Gain Loss Process
    • Overview of Balance Control
  • Topic Covered:

    • Important Payment Concepts
    • Payer and Payee
    • Payment Event ERD
    • Payment Event and Life Cycle
    • Payment Event Allocation
    • Payment Entry
    • Payment Distribution and Payment Distribution Algorithm
    • Payment Transfer
  • Topic Covered:

    • Caveat
    • The Overdue Monitor
    • Overdue Rule
    • Overdue Process Templates
    • Original and Unpaid Amounts
    • Event Activation Algorithms ERD
    • Waiting Summary
    • Event Cancellation
  • Topic Covered:

    • To Do Summary
    • To Do List
    • To Do Summary Zone
    • Special Message Handling
    • Role Assignment
    • Batch Process
    • Related To Do ERD
    • To Do Entry Life Cycle
  • Topic Covered:

    • Log Entries
    • Case Type
    • Person/Account/Location Applicability
    • Contact Information Applicability
    • Responsible User
    • Business Objects
    • Life Cycle: Definition
    • Status-Dependent Scripts
  • Topic Covered:

    • Refund Concepts
    • Refund Request
    • Refund Approval Profile
    • Refund/Write Off Request Type
    • Write Off Concepts
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FAQs

You can enroll for this classroom training online. Payments can be made using any of the following options and receipt of the same will be issued to the candidate automatically via email. 1. Online ,By deposit the mildain bank account 2. Pay by cash team training center location
Highly qualified and certified instructors with 20+ years of experience deliver more than 200+ classroom training.
Contact us using the form on the right of any page on the mildaintrainings website, or select the Live Chat link. Our customer service representatives will be able to give you more details.
You will never miss a lecture at Mildaintrainigs! You can choose either of the two options: View the recorded session of the class available in your LMS. You can attend the missed session, in any other live batch.
We have a limited number of participants in a live session to maintain the Quality Standards. So, unfortunately, participation in a live class without enrollment is not possible. However, you can go through the sample class recording and it would give you a clear insight about how are the classes conducted, quality of instructors and the level of interaction in a class.
Yes, you can cancel your enrollment if necessary prior to 3rd session i.e first two sessions will be for your evaluation. We will refund the full amount without deducting any fee for more details check our Refund Policy
Yes, the access to the course material will be available for lifetime once you have enrolled into the course.

Training Features

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Basic to intermediate and eventually advanced practicing full hands-on lab exercises till you master.

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Refresh training for experts for mastering and enhancing the skills on the subjects with fresh course modules.

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Exclusive Post-Training Sessions

Includes evaluation, feedback, and tips to handle critical issues in live setup after you are placed in a job.

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