What is discounting capability in SAP BV-SRM - Brand Voice - Supplier Relationship Management?

SAP Term: discounting capability

• Component: BV-SRM

• Component Name: Brand Voice - Supplier Relationship Management

• Description: Discounting capability available for SAP Ariba solutions, including SAP Ariba Payables.

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• Key Concepts: 
  Discounting capability is a feature of SAP Supplier Relationship Management (SRM) that allows buyers to negotiate discounts with suppliers. It enables buyers to create and manage discount agreements with suppliers, and to track the discounts that have been applied. 
  
  How to use it: 
  In order to use the discounting capability, buyers must first create a discount agreement with a supplier. This agreement will specify the terms of the discount, such as the amount of the discount, the duration of the agreement, and any other conditions that must be met in order for the discount to be applied. Once the agreement is created, buyers can then apply the discount to any purchases made from that supplier. 
  
  Tips & Tricks: 
  When creating a discount agreement, it is important to ensure that all of the terms are clearly defined and agreed upon by both parties. This will help to ensure that there are no misunderstandings or disputes over the terms of the agreement. Additionally, it is important to keep track of any discounts that have been applied in order to ensure that they are being applied correctly. 
  
  Related Information: 
  The discounting capability is part of SAP SRM's Brand Voice module. This module also includes features such as supplier onboarding, supplier performance management, and supplier risk management. Additionally, SAP SRM also includes modules for procurement, contract management, and supplier collaboration.