What is baseline discount in SAP SAP-LEGAL - Global Field Legal?

SAP Term: baseline discount

• Component: SAP-LEGAL

• Component Name: Global Field Legal

• Description: The amount of discount that would have been earned by Customer if the Contractual Baseline was applied to the Original Invoice Values charged by the applicable supplier to Customer.

Smart SAP Assistant

• Key Concepts: 
  Baseline discount is a feature of SAP-LEGAL Global Field Legal Compliance that allows customers to set a discount rate for all their legal contracts. This rate is then applied to all contracts, ensuring that customers are always getting the best deal. 
  
  How to use it: 
  To use baseline discount, customers must first set the discount rate they want to apply to all their contracts. This can be done in the SAP-LEGAL Global Field Legal Compliance settings. Once the rate is set, it will be automatically applied to all contracts. 
  
  Tips & Tricks: 
  It is important to remember that the baseline discount rate should be set carefully, as it will be applied to all contracts. It is also important to review the rate periodically, as market conditions may change and require an adjustment. 
  
  Related Information: 
  Baseline discount is just one of many features of SAP-LEGAL Global Field Legal Compliance. Other features include contract templates, automated document generation, and automated contract approval processes.