What is supplement in SAP CEC-SAL-CLM - Contract Lifecycle Management?

SAP Term: supplement

• Component: CEC-SAL-CLM

• Component Name: Contract Lifecycle Management

• Description: Separate document which adds to, or amends, the original contract.

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• Key Concepts: 
  Supplement is a term used in Contract Lifecycle Management (CLM) of SAP CEC-SAL. It is a document that is used to modify an existing contract without having to create a new one. It can be used to add, delete, or modify the terms and conditions of the original contract. 
  
  How to use it: 
  In order to use a supplement, the user must first create a contract in CLM. Once the contract is created, the user can then create a supplement document that will modify the existing contract. The supplement document must include all of the changes that are being made to the original contract. Once the supplement document is created, it must be approved by both parties before it can be implemented. 
  
  Tips & Tricks: 
  When creating a supplement document, it is important to make sure that all of the changes are clearly stated and that both parties understand what is being changed. It is also important to make sure that all of the changes are legally binding and that they are in compliance with any applicable laws or regulations. 
  
  Related Information: 
  For more information on supplements in CLM, please refer to SAP's official documentation on Contract Lifecycle Management. Additionally, there are many online resources available that provide more detailed information on how to use supplements in CLM.