
Contract for Central Procurement with SAP Ariba Contracts (4B0)
In this scope item, you can integrate value and quantity contracts. These are agreements for a company to order certain quantities of products during a specified period. In SAP Ariba Contracts, users can negotiate prices for goods and lean services to be procured, and they can sign a legally binding contract with a supplier. Pricing details are passed on from SAP Ariba Contracts to the operational system, so that operational purchasers can use these prices to buy goods or services as required.
Central procurement offers a centralized contract process across industries with a deep integration into the customer's landscape. It connects SAP Ariba Contracts to the customer’s ERP or SAP S/4HANA Cloud systems, and exchanges business documents to ensure end-to-end business processes into finance and logistics that run in the connected systems.
Key Process Steps Covered
- Create contract in SAP Ariba Contracts
- Set up and review contract terms
- Approve contract
- Send contract to SAP S/4HANA Cloud
- Create operational purchase contract automatically
- Approve and release operational purchase contract automatically
- Use operational purchase contract as source of supply
- Create purchase order against operational purchase contract
Benefits
- Manage purchase contracts for materials and lean services
- Automate and accelerate the contract lifecycle
- Standardize and control contract development
- Minimize effort for tracking and administration of contracts
- Optimize the value of contracts by supporting full-scale reporting
- Strengthen operational, contractual, and regulatory compliance
- Reduce TCO significantly for procurement departments through centralized process
Additional Information
- This scope item requires an additional SAP S/4HANA Cloud license
Software Products
- SAP S/4HANA Cloud
- SAP Ariba Contracts
- SAP Ariba Cloud Integration Gateway
- SAP S/4HANA or ERP (Central Procurement)
Where is Contract for Central Procurement with SAP Ariba Contracts(4B0) being used?
This Scope item is used in the following way:
- As a core function of Central Procurement within Sourcing and Procurement Scope Item Group