Pricing & Contracts

Main Process

 

Manages an agreement that a customer will order a specific value or quantity of releasable products during a specified period.

Enables the user to authorize several sold-to parties to release sales orders from a contract.

Uses target quantities and values plus completion rules to determine when a contract is considered complete (once target values have been fulfilled or contract has been rejected). Generates follow-up processes when this status is reached.

Monitors negotiation of contracts using the Web shop, which takes the customer through the process of choosing products, creating a contract inquiry, and then sending the contract to the supplier. Sends the contract back and forth until the process of negotiation is completed and both parties have agreed on the terms and conditions of the contract.

Releases products from a contract using a particular type of sales order (release order) in order to trigger further processes such as delivery and billing. References contract so that values and quantities are automatically updated and each contract contains a list of all release orders for individual items.

Determines cancellation procedures, notice periods, and automatic determination of cancellation dates according to predefined rules.

Uploads orders to SAP ERP for order fulfillment.

Finds and enters the partners involved in a transaction automatically. Allows the user to enter one or more partners manually, and enters the others automatically through partner determination. Uses various sources of information to make partner determination possible including business partner master data and organizational data.

Documents the current processing state of the transaction on header and item level.

Limits financial risks by carrying out credit checks that can influence transaction processing and setting up a workflow connection to notify those responsible.

Allows definition and calculation of contract-specific prices, taxes, and discounts.

Contract Analysis provides a range of analyses for sales contracts (both value and quantity) with detailed analytical information about current and closed sales contracts.