What is Contract Tracking in SAP SRD-SRM-ANA - SRM-Analytics?

SAP Term: Contract Tracking

• Component: SRD-SRM-ANA

• Component Name: SRM-Analytics

• Description: A report that shows contract use in terms of target quantities, target values, and already released quantities and values. It also shows if, and how intensively, the contracts are used in operational purchasing.

Smart SAP Assistant

• Key Concepts: 
  Contract Tracking is a component of SAP SRM-Analytics that allows users to track and manage contracts. It provides an overview of all contracts, including their status, duration, and value. It also allows users to monitor the performance of contracts and identify any potential issues. 
  
  How to use it: 
  Contract Tracking can be used to create and manage contracts. It allows users to set up contract templates, define contract terms, and track the progress of contracts. It also provides a dashboard view of all contracts, allowing users to quickly identify any potential issues or discrepancies. 
  
  Tips & Tricks: 
  When creating a contract template, it is important to include all relevant information such as payment terms, delivery dates, and any other relevant details. This will ensure that all contracts are properly tracked and managed. Additionally, it is important to regularly review the performance of contracts to ensure that they are meeting the desired goals. 
  
  Related Information: 
  Contract Tracking is part of the SAP SRM-Analytics suite of tools. Other components include Contract Management, Contract Analysis, and Contract Optimization. These tools can be used together to provide a comprehensive view of contract performance and help identify areas for improvement.