Description
This five-day course provides a complete introduction to the concepts, features and terminology for Oracle Incentive Compensation (OIC).
 It contains two sections:

• Understanding and explanation of the business advantages and basic functions of OIC. This contains a detailed overview of the Compensation Process.
• Explanation of the Collection and Calculation Process, which contains a step-by-step lesson of the Setup activities. Detailed charts and flows have been included for a better understanding of OIC processes.

This course also introduces the concepts behind Applications-wide features such as Business Intelligence (BIS), CRM Foundation, TCA architecture, and Self-Service Web Applications.

Areas addressed:

• Sales Department
• IT/IS Department
• Human Resources / Payroll Department

Duration
5 days

Major Functional Areas

• Business Advantages
• Process Overview
• Compensation Processing Functions: Collection and Calculation
• Compensation Processing Overview
• OIC Setup Tables & Columns
• OIC Setup Salesperson and C. Group Hierarchy
• OIC Setup Compensation Groups
• OIC Setup Revenue Class
• OIC Setup Revenue Class Hierarchy
• OIC Setup Ruleset
• OIC Setup Interval Type
• OIC Setup Credit Type
• OIC Setup Pay Group
• OIC Setup Calculation Expression
• OIC Setup Formulas
• OIC Setup Rate Table
• Plan Elements
• Compensation Plans
• Quota Manual Transactions
• Load Transactions
• Calculation Process
• Payments
• Reports