Which info regarding contracts can you get directly from analytical SAP Fiori apps?

Enhance your SAP Materials Management (MM) skills with our quiz. Prepare effectively for your SAP MM exam using flashcards and multiple choice questions. Each question provides hints and explanations to help you succeed. Get exam-ready today!

The analytical SAP Fiori apps are designed to provide insights and analytics related to procurement and contract management. The correct option, which refers to expiring contracts, aligns with one of the primary functions of these apps. The capability to monitor expiring contracts is crucial for effective contract management, as it allows organizations to proactively manage renewals, renegotiations, and compliance with contract terms, thereby avoiding service interruptions or lapsing agreements.

The design of these Fiori apps focuses on providing users with actionable insights, enabling stakeholders to stay informed about upcoming expirations and take necessary actions, such as evaluation or renegotiation of terms. This aids in strategic planning and ensures that businesses maintain continuity in their procurement processes.

While unapproved contracts, low value contracts, and unused contracts are important for overall contract management, they are typically not the primary focus of analytics in Fiori apps. The analytical capabilities are more geared towards highlighting significant contracts with impending deadlines, making expiring contracts the most relevant choice in the context of this question.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy