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

SAP Term: workflow action

• Component: CEC-SAL-CLM

• Component Name: Contract Lifecycle Management

• Description: Task in the contract life cycle that transitions the contract from one status to another. Workflow actions are configured by administrators in CLM.

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• Key Concepts: 
  Workflow action is a feature of the Contract Lifecycle Management (CLM) component of SAP CEC-SAL. It allows users to define and manage the steps of a contract lifecycle, from creation to completion. This includes setting up tasks, assigning roles, and defining the conditions for each step. Workflow action also allows users to monitor the progress of a contract and take corrective action if needed.
  
  How to use it: 
  To use workflow action, users must first define the steps of the contract lifecycle. This includes setting up tasks, assigning roles, and defining the conditions for each step. Once this is done, users can then monitor the progress of the contract and take corrective action if needed.
  
  Tips & Tricks: 
  When setting up tasks, it is important to consider the roles and responsibilities of each user involved in the contract lifecycle. This will help ensure that all tasks are completed in a timely manner and that any potential issues are addressed quickly. Additionally, it is important to set up clear conditions for each step in order to ensure that all parties involved understand what is expected of them.
  
  Related Information: 
  For more information on workflow action in SAP CEC-SAL CLM, please refer to the official documentation here: https://help.sap.com/viewer/product/CEC_SAL_CLM/latest/en-US