In this blog, we’d like to introduce you to one of the things that are new or have been changed in the November 2015 version of SAP Business ByDesign.
Today, we are going to talk about automatic renewal of contracts.
Prior to this upgrade, renewal functionality in contracts had to be performed manually or via add on. Now you can automatically renew customer contracts .You can automatically renew contracts based on the conditions maintained under Maintain Renewal Rules in Renewal and Cancellation of Customer Contracts under Business Configuration work center. You can also create or delete renewal rules as per your business requirements. Once you specify a renewal rule and set it to active, it will be shown in the renewal rules in Contracts view.
Are you familiar with the What’s New video in SAP Business ByDesign? You can have a look at it here