SAP Integrated Procurement Contract Management rapid-deployment solution

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SAP rapid-deployment solution for integrated contract management in procurement enables customers to capture and realize savings from their sourcing process. This rapid-deployment solution helps ensure that the specific terms and conditions from the legal contract document in the SAP Contract Lifecycle Management (SAP CLM) application are passed into the SAP Supplier Relationship Management (SAP SRM) application and activated for use for purchases going through SAP SRM and the SAP ERP application. Having an accurate and complete contract in SAP SRM is critical to preventing savings leakage. Contract terms and conditions set up in SAP SRM can be distributed to one or more integrated back-end SAP software systems to help ensure that all purchase orders and invoices are tagged against the contract to maximize contract usage and savings.

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