Are you considering obtaining the 1Z0-1056-22 certification but need to know if it’s worth the investment? This certification is designed for individuals who want to demonstrate their knowledge of Oracle Financials Cloud. In this article, we’ll discuss the pros and cons of obtaining the 1Z0-1056-22 certification and help you make an informed decision.
Overview of the 1Z0-1056-22 Certification
The 1Z0-1056-22 certification is designed for individuals who want to demonstrate their knowledge of Oracle Financials Cloud. It is a globally recognized certification that validates an individual’s expertise in implementing and using Oracle Financials Cloud. The certification exam covers various topics, including,
- Configuring Common Receivables
- Configuring Customer Billing
- Configuring Customer Payments
- Managing Customer Billing
- Processing Customer Payments
- Bill Management
- Reporting for Account Receivables & Advanced Collections
- Configuring and Using Advanced Collections
To obtain the 1Z0-1056-22 certification, you must pass the Oracle Financials Cloud Receivables 2022 Implementation Professional exam. The exam consists of 58 multiple-choice questions and must be completed within 90 minutes. The passing score for the exam is 64%.
Pros of Obtaining the 1Z0-1056-22 Certification
Increased Marketability
Obtaining the 1Z0-1056-22 certification can increase your marketability in the job market. Employers are always looking for candidates with the skills and knowledge needed to perform the job. By obtaining this certification, you demonstrate to employers that you have the expertise required to implement and use Oracle Financials Cloud, making you a more attractive candidate.
Enhanced Skill Set
Obtaining the 1Z0-1056-22 certification requires you to demonstrate your knowledge in various topics related to Oracle Financials Cloud. This process enhances your skill set and provides you with the expertise needed to implement and use Oracle Financials Cloud. This improved skill set can help you perform better in your current role and prepare you for future career opportunities.
Improved Job Opportunities
Another advantage of obtaining the 1Z0-1056-22 certification is that it can lead to improved job opportunities. Many employers look for candidates with certifications, and having the 1Z0-1056-22 certification on one’s resume can make a candidate stand out from the crowd. This can lead to more job interviews and potentially higher-paying job offers.
Career Advancement
Obtaining the 1Z0-1056-22 certification can also lead to career advancement. With this certification, individuals may be eligible for promotions within their current organization or be qualified for higher-level positions at other companies. This can lead to increased responsibility and higher salaries.
Personal Satisfaction
Finally, obtaining the 1Z0-1056-22 certification can provide individuals with personal satisfaction. It shows they have accomplished significantly and demonstrated their knowledge and skills in a particular area. This can boost their confidence and motivation to continue learning and growing in their careers.
Cons of Obtaining the 1Z0-1056-22 Certification
1Z0-1056-22 Exam Cost
One of the main drawbacks of obtaining the 1Z0-1056-22 certification is the cost. The exam fee for the certification is $245, and additional charges may be incurred for study materials and training courses. These costs can be a significant investment for some individuals, and it’s essential to consider them before deciding to pursue the certification.
Time Commitment
Preparing for the 1Z0-1056-22 certification exam requires a significant time commitment. You’ll need to study and understand the various topics covered in the exam and take practice exams to prepare yourself for the actual exam. Depending on your prior knowledge and experience, it could take several months to prepare for the exam.
Maintaining Certification
Maintaining the 1Z0-1056-22 certification requires ongoing effort and investment. The certification expires after 18 months, and you’ll need to retake the exam or obtain a new certification to maintain your status as a certified professional. Additionally, you’ll need to stay up-to-date with changes and updates to Oracle Financials Cloud, which may require additional training and study.
Difficulty of Exam
The 1Z0-1056-22 certification exam can be challenging and requires a deep understanding of Oracle Financials Cloud. Not well prepared individuals may need help to pass the exam, which can be discouraging and require additional study and preparation, leading to extra time and financial commitments.
Conclusion
Obtaining the 1Z0-1056-22 certification can be a valuable investment for individuals who want to demonstrate their expertise in Oracle Financials Cloud. The certification can lead to increased marketability, higher earning potential, an enhanced skill set, and opportunities for advancement. However, it’s essential to consider the cost, time commitment, difficulty of the exam, and ongoing effort required to obtain and maintain the certification.
Pursuing the 1Z0-1056-22 certification should be based on your career goals and aspirations. The certification can be a worthwhile investment if you’re interested in Oracle Financials Cloud and want to demonstrate your expertise.
