What is bidder in SAP AP - Application Platform?

SAP Term: bidder

• Component: AP

• Component Name: Application Platform

• Description: A party that bids for goods or services.

Smart SAP Assistant

• Key Concepts: 
  A bidder is a user in the SAP Application Platform (AP) who is authorized to bid on items in an auction. The bidder can be an individual or a company. The bidder must register with the AP before they can participate in an auction. 
  
  How to use it: 
  To become a bidder, the user must first register with the SAP Application Platform. This can be done by providing basic information such as name, address, and contact information. Once registered, the user can then participate in auctions by placing bids on items. 
  
  Tips & Tricks: 
  It is important to remember that bids are binding and cannot be retracted once placed. Therefore, it is important to carefully consider each bid before submitting it. Additionally, it is important to keep track of the current bids and the time remaining in the auction so that you can make informed decisions about when to place your bids. 
  
  Related Information: 
  The SAP Application Platform also allows users to create their own auctions and manage them from start to finish. This includes setting up the auction parameters, inviting bidders, and managing bids. Additionally, users can view detailed reports of their auctions and analyze the data to gain insights into bidding behavior.