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Working with Analytics for Contracts

Objective

After completing this lesson, you will be able to explore analytics for contracts.

Purchasing Analytics for Contracts

Solution SAP S/4HANA provides the following tools to analyze contracts:

Real time reporting and monitoring
Spend visibility

Real-Time Reporting and Monitoring for Contracts

The real-time reporting and monitoring available in SAP S/4HANA provides data about the following:

Contract Expiry: You can use this app to identify purchase contracts that expire within the specific time frame. You can also use the app to find the number of expiring contracts, the target amount, and the released amount of the expiring contracts.

Unused Contracts: You can use this app to identify the number of contracts not used over the previous year to date. You can also find the target and released amount of the unused contracts.

Quantity Contract Consumption: This KPI displays the consumption percentage of quantity type contracts from the previous year to date. Using this KPI, you can find the target and released quantity of the contracts.

Value Contract Consumption: This KPI displays the consumption percentage of value contracts from the previous year to date. Using this KPI, you can find the target and released amount of the contracts.

A dashboard with seven metric cards displaying: unused contracts, quantity contract consumption, value contract consumption, contact expiry, off-contact spend, purchase contract changes, and contract Leakage.

Spend Visibility for Contracts

SAP S/4HANA offers the following apps to facilitate spend visibility:

Contract Leakage/Last 365 Days:

With the Contract Leakage app, you can identity the spend of purchase orders that do not have a contract reference, although an existing contract could have been used. As a purchaser, you want to find the related net value. You can use the Contract Leakage app to determine the amount of purchases made without considering existing contracts.

Off-Contract Spend:

The Off-Contract Spend app helps analyze the total amount spent on purchases without a contract reference. It provides insights on non-contract purchases made without negotiated pricing or blanket purchase agreements. With this app, you can easily track the percentage of purchases made without a contract.

How to Access Analytical Apps for Contract Reporting

In this demo, you see how to access analytical apps for contract reporting.

DemoStart Demo

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