What is system contract in SAP IS-M-AM - Advertising Management?

SAP Term: system contract

• Component: IS-M-AM

• Component Name: Advertising Management

• Description: Variant of the standard contract that can be created automatically by the system.

Smart SAP Assistant

• Key Concepts: 
  A system contract in SAP IS-M-AM Advertising Management is a legally binding agreement between two parties that outlines the terms and conditions of a particular service or product. It is used to define the rights and obligations of both parties, as well as the duration of the contract. The system contract also includes details such as payment terms, delivery dates, and any other relevant information.
  
  How to use it: 
  In SAP IS-M-AM Advertising Management, system contracts are used to manage the relationship between an advertiser and a media agency. The system contract defines the services that will be provided by the media agency, as well as the payment terms and other details. The system contract can be created in SAP IS-M-AM Advertising Management by entering the relevant information into the system. Once created, the system contract can be used to track payments, monitor performance, and ensure that all parties are meeting their obligations.
  
  Tips & Tricks: 
  When creating a system contract in SAP IS-M-AM Advertising Management, it is important to ensure that all relevant information is included. This includes payment terms, delivery dates, and any other relevant information. It is also important to ensure that all parties understand and agree to the terms of the contract before it is signed.
  
  Related Information: 
  For more information on system contracts in SAP IS-M-AM Advertising Management, please refer to the official SAP documentation. Additionally, there are many online resources available that provide detailed information on how to create and manage system contracts in SAP IS-M-AM Advertising Management.