Difference between P2P and O2C Cycles in Oracle Apps

Procure to Pay (P2P) and Order to Cash (O2C) are two essential cycles in Oracle Apps that involve different processes:

• Procure to Pay (P2P): This cycle involves the procurement process starting from the creation of purchase requisitions, supplier selection, purchase order creation, goods receipt, invoice processing, and payment to suppliers.
• Order to Cash (O2C): This cycle involves the sales process starting from order creation, order validation, order fulfillment, shipping, invoice generation, customer payment, and receipt of cash.

The key differences between P2P and O2C cycles in Oracle Apps include the focus on procurement and payment in P2P, whereas O2C focuses on sales and cash receipt processes.

Understanding these cycles is crucial for effectively managing the procurements and sales activities within Oracle Apps.