What is third-party program in SAP CRM-LAM - CRM Leasing?

SAP Term: third-party program

• Component: CRM-LAM

• Component Name: CRM Leasing

• Description: Outline agreement with third parties containing promotions that can be agreed in third-party business relationships. You can enter three promotion types: Subsidy and participation Residual value guarantee Recourse

Smart SAP Assistant

• Key Concepts: 
  A third-party program is a software application that is not developed by SAP, but is integrated with SAP systems. In the case of CRM-LAM CRM Leasing and Asset Management, it is a third-party program that provides leasing and asset management capabilities to SAP customers. 
  
  How to use it: 
  The third-party program can be used to manage leasing and asset management activities within the SAP system. It can be used to track and manage leases, assets, and other related activities. It also provides reporting capabilities to help customers better understand their leasing and asset management activities. 
  
  Tips & Tricks: 
  When using the third-party program, it is important to ensure that all data is accurate and up-to-date. This will help ensure that the system is running smoothly and efficiently. Additionally, it is important to regularly review the system to ensure that all data is accurate and up-to-date. 
  
  Related Information: 
  For more information on the third-party program, please refer to the SAP Help Portal or contact your local SAP representative. Additionally, there are many online resources available that provide additional information on the third-party program and how to use it effectively.