What is order management in SAP CEC-SAL-SB - Subscription Management and Billing?

SAP Term: order management

• Component: CEC-SAL-SB

• Component Name: Subscription Management and Billing

• Description: The process of organizing and handling order data across channels.

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• Key Concepts: 
  Order management is a component of SAP CEC-SAL-SB Subscription Management and Billing. It is used to manage the orders of customers, including creating, modifying, and canceling orders. It also allows for tracking of order status and payment information. 
  
  How to use it: 
  Order management can be used to create new orders for customers, modify existing orders, and cancel orders. It also allows for tracking of order status and payment information. The order management component can be accessed through the SAP CEC-SAL-SB Subscription Management and Billing application. 
  
  Tips & Tricks: 
  When creating an order, it is important to ensure that all necessary information is included in the order form. This includes customer information, product details, payment information, and any other relevant details. Additionally, it is important to keep track of order status and payment information in order to ensure that orders are processed correctly. 
  
  Related Information: 
  Order management is closely related to other components of SAP CEC-SAL-SB Subscription Management and Billing such as customer relationship management (CRM), product catalogs, pricing rules, and invoicing. Additionally, it is important to understand how order management interacts with other systems such as ERP or financial systems in order to ensure that orders are processed correctly.