SAP CLM Training

Duration:

About this course:

SAP Contract Lifecycle Management (CLM) is an all-in-one software solution that simplifies
and optimizes the contract management process from creation to renewal or termination.
SAP CLM training course that provides a customized training experience and empowers
learners to benefit from their agreements by offering more transparent pricing, standard
contact lifecycles, and contract consistency.
This training covers contract authoring, negotiation, approval workflows, compliance
management, execution, analytics, and renewal management.

Audience profile:

Pre-Requisites:

Course Objectives

Course Topics

Module 1: Introduction to SAP Contract Lifecycle Management (CLM)

 Overview of SAP CLM software
 Overview of SAP Sourcing
 User Interface Concepts
 Navigation
 Workbench
 Benefits of using SAP CLM for contract management

Module 2: Backend integration and configuration

 Defining Configuration of Organizational Units

 Company, Company code, P.Org, P.Group
 Number ranges

Module 3: Workflow- Overview

 System setup
 Configuration setup
 Document setup
 Master Data setup
 System administration setup

Module 4: Concept of Localized Resources and Extensions

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  Extension definition
 Customized localized resources
 Standard localized resources
 Principles of the SAP Sourcing Business Document Framework
 WYSIWYG user interface and page customizations

Module 5: Sourcing Overview and Scenarios

 Project
 Agreement
 Master Agreement
 RFX / Auction
 Supplier Management
 Customized localized resources

Module 6: Contract Management Process

1) Contract Management Process

 Contract lifecycle stages

 Contract terms and obligations
 Contract risks and opportunities

2) Contract Authoring

 Creating a new contract

 Reviewing and editing contract terms and conditions
 Approving contract content

3) Contract Negotiation

 Tracking negotiation status and progress

 Reaching consensus on contract terms
 Resolving disputes

4) Contract Approval and Execution

 Formalizing contract agreement

 Capturing electronic signatures
 Ensuring compliance with legal and regulatory requirements

5) Contract Renewal

 Identifying contract renewal requirements

 Updating contract terms and conditions
 Executing contract renewal

Module 7: Advanced Features and Functions of SAP CLM

 Integration with other SAP modules

 Customizing SAP CLM to meet specific business needs

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  Managing different types of contracts (e.g., purchase agreements, service contracts,
NDAs)

Module 8: Reporting and Analytics

 Generating reports on contract status, renewal, and compliance

 Analyzing contract performance and identifying areas for improvement
 Visualizing contract data using dashboards and charts

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