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Oracle Revenue Management Cloud solution helps organizations to streamline their revenue management processes, increase efficiency, and improve overall business performance. By earning the Oracle 1Z1-1059 certification, professionals can demonstrate their expertise in implementing this solution, which can enhance their career prospects and open up new opportunities in the field of revenue management. 1Z1-1059 exam is intended for consultants, implementation specialists, and developers who have practical experience in implementing the Oracle Revenue Management Cloud solution.
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| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Revenue Contracts and Performance Obligations | 20% | - Manage contract modifications - Process customer contract source documents - Identify and allocate transaction price |
| Topic 2: Standalone Selling Prices | 22% | - Configure standalone selling price methods - Manage price lists and exceptions - Define revenue price profiles |
| Topic 3: Revenue Management Overview | 20% | - Revenue principles including ASC 606 and IFRS 15 - Integration requirements with other Oracle Cloud applications |
| Topic 4: Revenue Management Setup and Configuration | 28% | - Define system options and parameters - Configure Revenue Management Cloud Service |
| Topic 5: Revenue Management Reporting and Analysis | 10% | - Use delivered reports and dashboards - Analyze revenue accounting entries - Create custom reports using OTBI |
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