What is contract owner in SAP SRM-EBP-CON - Contract Management?

SAP Term: contract owner

• Component: SRM-EBP-CON

• Component Name: Contract Management

• Description: Contract author who created the contract.

Smart SAP Assistant

• Key Concepts: 
  Contract owner is a term used in SAP SRM-EBP-CON Contract Management. It refers to the person responsible for managing and maintaining a contract. This person is responsible for ensuring that the contract is up to date and that all parties involved are aware of any changes or updates. They are also responsible for ensuring that the contract is being followed and that all parties are adhering to the terms of the agreement. 
  
  How to use it: 
  The contract owner is typically assigned by the company or organization that created the contract. They are responsible for managing and maintaining the contract, as well as ensuring that all parties involved are aware of any changes or updates. The contract owner should also be familiar with the terms of the agreement and be able to answer any questions related to it. 
  
  Tips & Tricks: 
  It is important for the contract owner to stay up to date on any changes or updates to the contract. They should also be familiar with the terms of the agreement and be able to answer any questions related to it. Additionally, they should ensure that all parties involved are aware of any changes or updates and that they are adhering to the terms of the agreement. 
  
  Related Information: 
  For more information on SAP SRM-EBP-CON Contract Management, please visit SAP's website at https://www.sap.com/products/srm-ebp-con-contract-management.html