What is beneficiary role in SAP FS-MCM - Master Contract Management?

SAP Term: beneficiary role

• Component: FS-MCM

• Component Name: Master Contract Management

• Description: The role of a business partner who benefits in a master contract for the determination of pricing criteria. In addition to the holder of the master contract for the determination ofpricing criteria, other business partners can also assume this role.

Smart SAP Assistant

• Key Concepts: 
  The beneficiary role in SAP FS-MCM Master Contract Management is a user role that allows a user to view and manage contracts and related documents. This role is typically assigned to a person responsible for managing contracts, such as a contract manager or administrator. 
  
  How to use it: 
  The beneficiary role in SAP FS-MCM Master Contract Management can be used to view and manage contracts and related documents. This includes creating, editing, and deleting contracts, as well as viewing and managing contract documents. The beneficiary role also allows users to view contract performance data, such as payment status and contract expiration dates. 
  
  Tips & Tricks: 
  When using the beneficiary role in SAP FS-MCM Master Contract Management, it is important to ensure that all users with this role have the necessary permissions to access the data they need. Additionally, it is important to ensure that all users with this role are aware of the security protocols in place for accessing and managing contracts. 
  
  Related Information: 
  For more information on the beneficiary role in SAP FS-MCM Master Contract Management, please refer to the official SAP documentation. Additionally, there are many online resources available that provide tutorials and tips on how to use this feature.