Contract Manager

Valuemation Contract Manager provides the ability to efficiently manage all contract-related information in a company.

Business Partner

The entity vendor is used to describe legal entities (companies). A contract references a vendor as a Business Partner.

Contract

Contract registers and describes contractual agreements with a contractual partner.

Contract Header Type

While 'Contract Type' categorizes contract items, 'Contract Header Type' is used to differentiate between different types of contracts (purchase, maintenance, service).

Contract Item

Contract Items describe in detail individual contractual relationships completed within a contract.

Contract Type

Contract Type is an important classification object which specifies attributes of contract items specific for a particular type of contracts.

Payment

Payments represent the flow of money to the supplier that actually happens or should happen as the result of a payment schedule.

Payment schedule

Payment Schedules represent the expected schedule of costs or incomes on a budget (cost center and cost type). Payment schedules are typically associated with request items, order items and contract items. A request item, order item and contract item can have any number of payment schedules.