What is group contract in SAP CRM-IPH - Pharmaceuticals?

SAP Term: group contract

• Component: CRM-IPH

• Component Name: Pharmaceuticals

• Description: A contract owned by a buying group.

Smart SAP Assistant

• Key Concepts: 
  Group contract is a feature of SAP CRM-IPH Pharmaceuticals that allows customers to create and manage contracts for multiple customers at once. It enables customers to quickly and easily create contracts for multiple customers, and manage them in one place. This feature also allows customers to track the progress of their contracts, and view the status of each contract in one place. 
  
  How to use it: 
  To use the group contract feature, customers must first create a contract template. This template will contain all the necessary information for creating contracts for multiple customers. Once the template is created, customers can then select the customers they wish to create contracts for and enter the necessary information. Once all the information is entered, customers can then submit the contracts for approval. 
  
  Tips & Tricks: 
  When creating a group contract, it is important to ensure that all the necessary information is included in the template. This will help ensure that all contracts are created correctly and efficiently. Additionally, it is important to keep track of all contracts created using this feature, as this will help ensure that all contracts are up-to-date and accurate. 
  
  Related Information: 
  For more information on group contract in SAP CRM-IPH Pharmaceuticals, please refer to the official SAP documentation. Additionally, there are many online resources available that provide helpful tips and tricks on how to use this feature effectively.