Fiori app for capturing, approving and managing procurement contracts
The Avelon Contract app makes capturing a procurement contract simple and accessible. In addition to entering the various header and line data, it is possible to add attachments (e.g. the quotation).
To quickly find the correct master data, Avelon Smart Search is also used within this app. In addition to using the standard SAP procurement contract fields, it is possible to distinguish between framework agreements and further agreements.
To achieve good contract management it is essential to monitor the agreements made and to act in line with internal and external procurement rules. This is facilitated within the Avelon Contract app by recording alerts. Within the app it is established who should receive which alert and when. Think of alerts for the termination or renewal of a procurement contract or the start of a new RFP or tender.
In addition to recording alerts, it is also possible to record the maximum number of renewals of a procurement contract. This is monitored by the app where a signal is displayed if the maximum number of renewals is exceeded.
Approval of the entered procurement contract by e.g. procurement and/or the contract manager also takes place via the Avelon Contract app, as does the handling of alerts. This makes the Avelon Contract app the central app for capture, approval and management of your procurement contracts.
In summary, the benefits of the Avelon Contract app
One central Fiori app for purchase contract entry, approval and management
Distinction between framework agreements and further agreements
Flexible definition and assignment of alerts
Control of maximum number of extensions
Runs on SAP ERP and S/4HANA
Understanding call-off history
Do you need to exchange views on whether and how your organization can benefit from the opportunities around the procurement process? If so, please feel free to contact us about this topic.