SAP S/4HANA for Enterprise Contract Management
SAP S/4HANA Cloud for enterprise contract management connects processes, content, technology, and people in legal departments. It provides a central layer for legal content and an integrated platform for legal technology.
The solution provides the following capabilities:
- End-to-end digitization of legal processes
- Create and manage context for legal transactions
- Create and manage legal transactions
- Easily detect at-risk legal transactions
- Provide extensibility to allow customer to add the fields based on their business needs
Key Process Steps Covered
- Manage contexts for legal transactions
- Create or copy legal transactions
- Maintain respective categories, involved parties, relationships to other legal transactions, workflows, and attach documents
Benefits
- Transform and digitize legal operations
- Get full traceability of obligations, approvals, signatures, and responsibilities (internal and external)
- Get smart contracting (anytime, anywhere, device agnostic, automated, paperless)
- Reduce effort for legal operations such as template and text block provisioning for all business models, all jurisdictions, document drafting, review and approval, task, and obligation tracking