What is customer contract in SAP SAP-LEGAL - Global Field Legal?

SAP Term: customer contract

• Component: SAP-LEGAL

• Component Name: Global Field Legal

• Description: The licensing agreements entered into by SAP and Prospects.

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• Key Concepts: 
  A customer contract is a legally binding agreement between a customer and a company. It outlines the terms and conditions of the relationship between the two parties, including the services provided, payment terms, and any other relevant information. In SAP-LEGAL Global Field Legal, customer contracts are managed in a centralized system, allowing for easy access and tracking of all customer contracts. 
  
  How to use it: 
  In SAP-LEGAL Global Field Legal, customer contracts can be created, edited, and tracked. The system allows users to create new contracts, view existing contracts, and track changes to existing contracts. Additionally, users can set up notifications for when contracts are due for renewal or when changes have been made to existing contracts. 
  
  Tips & Tricks: 
  When creating a customer contract in SAP-LEGAL Global Field Legal, it is important to ensure that all relevant information is included in the contract. This includes payment terms, services provided, and any other relevant information. Additionally, it is important to ensure that all parties involved in the contract are aware of the terms and conditions outlined in the contract. 
  
  Related Information: 
  For more information on customer contracts in SAP-LEGAL Global Field Legal, please refer to the official documentation provided by SAP. Additionally, there are many online resources available that provide helpful tips and advice on creating and managing customer contracts.