What is service audit in SAP MM-SRV - External Services?

SAP Term: service audit

• Component: MM-SRV

• Component Name: External Services

• Description: Part of quality audit.

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• Key Concepts: 
  Service audit is a feature of SAP's Materials Management (MM) External Services Management component. It is used to monitor and audit the services provided by external service providers. It helps to ensure that the services are being provided in accordance with the agreed-upon terms and conditions. 
  
  How to use it: 
  The service audit feature can be used to monitor the performance of external service providers. It can be used to track the progress of services, compare actual performance against agreed-upon terms and conditions, and identify any discrepancies or issues that may arise. The service audit feature also allows users to generate reports on the performance of external service providers. 
  
  Tips & Tricks: 
  When using the service audit feature, it is important to ensure that all relevant information is captured accurately. This includes details such as the type of service provided, the duration of the service, and any additional costs associated with the service. Additionally, it is important to ensure that all relevant documents are stored securely in order to ensure compliance with data protection regulations. 
  
  Related Information: 
  The service audit feature is part of SAP's Materials Management (MM) External Services Management component. Other features of this component include contract management, invoicing, and payment processing. Additionally, SAP provides a range of other solutions for managing external services, such as its Service Procurement application.