You want to extend your procurement portfolio with robust contract management functions. It offers a single repository for the lifecycle management of BUY-side, SELL-side and any other legal documents (contracts, NDAs, policies, patents etc.) in enterprises and offers full traceability of obligations, approvals, signatures, expiration and responsibilities internally and externally.

SAP S/4HANA Enterprise Contract Management & Assembly is transforming the way contract documents are requested, created, managed & controlled. Your primary business case is procurement transformation. SAP Contract Lifecycle Management(Retired) SAP S/4HANA for Enterprise Contract Management

The comparison would be based on criteria like – architecture, workflow, document versioning and signature, integration capabilities, extensibility, implementation guidelines, contract repository, configurations, design approach etc. In this blog post, I would be primarily comparing SAP S/4HANA for Enterprise Contract Management which is both cloud and on – premise offering, SAP Ariba, the cloud-based offering and SAP Contract Lifecycle Management, the on – premise solution offering(which is no longer on the price list). Without an enterprise approach to contract lifecycle management, organizations run the risk of taking a hit to the bottom line due to lost time, money or potentially damaged reputation.īecause of this simple fact that a company needs to optimize the process to maximize the value they represent, often question comes up with customers on what to choose when planning to automate and standardize their source-to-contract processes.

“ great procurement work can be undone by weak contract management”Ĭontracts are assets the most important part of managing contracts at any company is not what you know about them-it’s what you don’t know that can cost you. This blog post is focused on comparison of SAP Contracts Management in SAP Ariba, SAP Contract Lifecycle Management and SAP S/4HANA for Enterprise Contract Management and how it will assist the reader to choose what suits them in the procurement space.

Ariba management