Contracts are created in many of a company’s different departments. It usually takes a lot of effort to create, organize and monitor them. Even more so as legal guidelines as well as compliance requirements become more extensive and challenging.
The contract record of top flow provides the necessary comprehensive perspective for managing contracts centrally in a way that is transparent and tamper-proof.
|Process||Controls and documents the entire process for a contract from the record – from negotiation to signing to termination
Automatically creates contracts for a business case based on document templates
|Merging of documents and information||Merges documents and information related to a contract in one record, e.g., contract drafts, versions, valid contracts, cancellations, and emails|
|SAP reference objects||Generates and issues SAP objects for a contract, e.g., for business partners such as customers and suppliers|
|Linking to other records||Links to other records – customer records, supplier records|
|Access and authorizations||Checks access authorization for SAP authorization objects such as company code and plant|
|Control of the workflow||Controls the workflow throughout the process for a contract – for automated procedures – for automated monitoring of deadlines|