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Component: LCM
Component Name: Legal Content Management
Description: One of the status values of the legal document that is sent for e-Signature. When a legal document is sent for e-Signature to the target system, the document should not be modified or replaced. This is to ensure the same legal document is being e-Signed. However, if the document is modified or replaced in the target system, the source system which is Enterprise Contract Management system in this case displays the status of such a document as 'Process Lapse'. This status denotes that there has been a lapse in the process that has to be followed when a document has been sent for e-Signature. Other status values are 'sent for e-Signature', 'Voided', 'Canceled' and so on.
Key Concepts: Process lapse is a feature of SAP's Legal Content Management (LCM) component. It allows users to set up a process that will automatically expire after a certain period of time. This ensures that processes are kept up-to-date and relevant. How to use it: Process lapse can be set up in the SAP system by creating a process template and setting the expiration date. Once the expiration date is reached, the process will be automatically removed from the system. This ensures that processes are kept up-to-date and relevant. Tips & Tricks: When setting up a process lapse, it is important to consider the length of time that is appropriate for the process. If the process is too short, it may not be effective in keeping processes up-to-date. If the process is too long, it may become outdated before it expires. Related Information: Process lapse is part of SAP's Legal Content Management (LCM) component. It can be used in conjunction with other features of LCM, such as document management and workflow management, to ensure that processes are kept up-to-date and relevant.