SAP S/4HANA for Enterprise Contract Management (1XV)

SAP S/4HANA for Enterprise Contract Management (1XV)

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

Additional Information

  • This scope item requires an additional SAP S/4HANA Cloud license

Where is SAP S/4HANA for Enterprise Contract Management(1XV) being used?

This Scope item is used in the following way:

  • As a management function of Sourcing and Contract Management within Sourcing and Procurement Scope Item Group
  • As a management function of Enterprise Information Management within Database and Data Management Scope Item Group

Process flow of SAP S/4HANA for Enterprise Contract Management (1XV)

Find below the process flow of the scope item SAP S/4HANA for Enterprise Contract Management as it is defined for release s4hc-2111.


Download Process Flow of Best Practice scenario SAP S/4HANA for Enterprise Contract Management (1XV) - S/4HANA Cloud
Ref: Database and Data Management of SAP S4HC-2111
Best Practices related to S/4HANA*1) Yearly Updates are released per September of each year
*2) The Quarterly updates are released per Februari, May, August and November
Details of future releases can be found in the SAP Roadmap section of each product. Go to SAP Roadmap Product Finder.
Knowledge Center Scheer Nederland | The Process Experts Visit also the SAP Cloud ERP knowledge center of Scheer Netherlands. The following topics are covered:
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