SAP Ariba : Become Certified Consultant Contract Management

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Contract Optimization for Productivity and Compliance

While training in the SAP Ariba Contract Management course, the student will learn how to optimize contracts right from the SAP Ariba platform.

Major Discussion Topics for This Course

Introduction to Contract Management
Why it is such a critical component of the procurement process, and how does SAP Ariba facilitate contract lifecycle management?

Contract Development
Understand the creation of a contract in SAP Ariba, including templates, terms, and clauses.

Contract Authoring
Learn about the authoring process of creation and writing for a contract, editing, and sharing that contract collaboratively within the SAP Ariba space.

Contract Negotiation and Approval
Manage negotiation processes and track changes with the ability to gain approvals from the relevant stakeholders.

Contract Execution
Perform contracts electronically through e-signatures and the acceptance of a contract process in Ariba SAP.

Contract Repository
Managing the SAP Ariba Contract Repository, including organizing contracts, version control, and document storage.

Contract Compliance and Obligation Management
Monitor the compliance of a contract, manage how its obligations are being tracked and contractual terms enforced in SAP Ariba.

Contract Renewal and Termination
Understand the processes involved with renewals and termination, including notice, renegotiation, and closing down a contract.

Integration with Procurement Processes
Understand how SAP Ariba Contract Management is plugged into other procurement processes and modules within the SAP ecosystem.

Analytics and Reporting
Use analytics and reporting capabilities in SAP Ariba to uncover insights related to the performance of contracts, compliance, and risk management.

Best Practices and Case Studies
Learn best practices in the management of contracts and how real-world case studies walk you through how organizations optimize their contract management processes by using SAP Ariba.

Course Modes

Practicals are implemented in the class through simulations and scenarios to make the students delve deeper into the actual principles of contract management and the mastering in the usage of the SAP Ariba Contract Management module.

Who Should Attend

• Procurement Professionals

• SAP MM Consultants

• SAP SRM Consultant

• Technical Consultants

• Supply Chain Managers

• IT/Business Analysts

• Project Managers

• Students and Fresh Graduates

• System Administrators

• Integration Specialists

• SAP End-users

• All enthusiastic about SAP Ariba