What is cancellation policy in SAP BNS-CON - Concur?

SAP Term: cancellation policy

• Component: BNS-CON

• Component Name: Concur

• Description: When testing Travel, recommends verifying the hotel cancellation policy to avoid an instant purchase, deposit or non-refundable fare type. This common term does not have a unique meaning within a product.

Smart SAP Assistant

• Key Concepts: 
  The BNS-CON Concur Cancellation Policy is a component of SAP software that allows businesses to set up cancellation policies for their customers. This policy allows businesses to define the conditions under which customers can cancel their orders and receive refunds. It also allows businesses to set up rules for how refunds are processed and how long customers have to cancel their orders. 
  
  How to use it: 
  To use the BNS-CON Concur Cancellation Policy, businesses must first define the conditions under which customers can cancel their orders. This includes setting up rules for how refunds are processed and how long customers have to cancel their orders. Once these conditions are set, businesses can then apply the policy to their customer orders. 
  
  Tips & Tricks: 
  When setting up the BNS-CON Concur Cancellation Policy, it is important to consider the needs of your customers. Make sure that your policy is fair and reasonable, and that it takes into account any special circumstances that may arise. Additionally, make sure that your policy is clearly communicated to your customers so that they understand what they can expect when they cancel an order. 
  
  Related Information: 
  The BNS-CON Concur Cancellation Policy is part of SAP's Business Network Suite (BNS). This suite of software provides businesses with a range of tools for managing customer relationships, including order management, customer service, and analytics. Additionally, SAP offers a range of other components that can be used in conjunction with the BNS-CON Concur Cancellation Policy, such as the BNS-CON Order Management component.