What is requested license duration in SAP CRM-IM-IPM - Intellectual Property Management?

SAP Term: requested license duration

• Component: CRM-IM-IPM

• Component Name: Intellectual Property Management

• Description: The time period for which a license sale is requested. &EXAMPLE& The timeframe is two years. The requested license duration is three months. In this case the system calculates all available three-month periods the proposed license periods within the two-year timeframe.

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• Key Concepts: 
  Requested license duration is a feature of SAP CRM-IM-IPM Intellectual Property Management that allows users to specify the length of time they need a license for. This feature is useful for customers who need to use the software for a limited period of time, such as for a specific project or event. 
  
  How to use it: 
  To use the requested license duration feature, customers must first select the type of license they need. Once they have selected the type of license, they can then specify the length of time they need it for. The requested license duration can be set for any length of time, from one day to one year. 
  
  Tips & Tricks: 
  When setting the requested license duration, it is important to consider how long you will actually need the software for. If you overestimate the amount of time you need, you may end up paying more than necessary. It is also important to remember that some licenses may require additional fees if they are extended beyond their original expiration date. 
  
  Related Information: 
  For more information about SAP CRM-IM-IPM Intellectual Property Management and its features, please visit the SAP website or contact your local SAP representative.