SAP SRM Contract Management enables you to manage all purchase contracts centrally in your company. The high degree of integration with other SAP SRM and SAP ERP processes makes it possible to map the entire contract lifecycle smoothly. There are extensive options for creating contracts and maintaining complex purchasing conditions, as well as for designing your own contract categories and templates.
Contracts and scheduling agreements including source list and order book update can be transferred to the connected ERP and third party systems. The contracts can also be included as a source of supply in purchase requisitions, purchase orders and invoices or transferred to a catalog by upload. Comprehensive monitoring of contract performance and automatic alerts round off the SAP SRM Contract Management package.
Are you already an SAP SRM user and are you interested in how contract management is mapped within the S/4HANA module Sourcing & Procurement? Or perhaps you are planning to transform your system to SAP S/4HANA? We will be happy to advise you!