• Prior functional experience in procurement
• Familiarity with SAP Ariba’s procurement solution
• Understanding of contract compliance, supplier performance, and risk mitigation
• Knowledge of procurement operations and procurement digital transformation strategies
• Completion of AR510 (SAP Ariba Procurement: Buying and Invoicing) or equivalent experience.
SAP Ariba Procurement: Contract Compliance - AR520 Certification Training Overview
SAP Ariba Procurement: Contract Compliance - AR520 certification training is a program designed to equip learners with key functionalities and configurations related to SAP contract compliance. Covering a wide range of topics, the course introduces trainees to managing contracts, implementing contract compliance, creating and executing compliance workspaces. It further delves into the handling and resolution of non-compliant issues. This certification is a valuable asset for professionals aiming to excel in contract management and compliance in a SAP Ariba environment.
Why Should You Learn SAP Ariba Procurement: Contract Compliance - AR520?
Learning the SAP Ariba Procurement: Contract Compliance - AR520 course equips students with skills to manage contractual agreements effectively. It enhances understanding of contract authoring, amendment processes, and compliance tracking. As a result, this increases operational efficiency, reduces legal risks, and drives cost savings in businesses.
Target Audience for SAP Ariba Procurement: Contract Compliance - AR520 Certification Training
• Professionals in procurement and supply chain management
• SAP Ariba users looking to enhance their contract compliance skills
• Team leads or managers overseeing procurement processes
• Compliance officers in organizations using SAP Ariba
• IT professionals tasked with supporting SAP Ariba systems
Why Choose Koenig for SAP Ariba Procurement: Contract Compliance - AR520 Certification Training?
- Certified SAP instructors offering in-depth knowledge and practical skills in
SAP Ariba Procurement: Contract Compliance - AR520.
- Flexibility in choosing training dates as per personal convenience.
- Provision for customized training programs that cater to individual learning needs.
- Opportunity for destination training, which provides unique learning experiences.
- Access to a wide range of courses, thereby boosting career prospects.
- Instruction led online training providing an interactive learning environment akin to a physical classroom.
- Affordable pricing makes it accessible to a larger audience.
- Recognized as one of the top training institutes offering accredited training, thereby enhancing credibility and employability.
SAP Ariba Procurement: Contract Compliance - AR520 Skills Measured
After completing the
SAP Ariba Procurement: Contract Compliance - AR520 certification training, one can acquire skills like creating and managing contracts, enforcing contract compliance, understanding the Ariba contract management solution, creating and managing contract workspaces, contract authoring, approval and publication. Other essential skills also include running contract reports, customization of contract template and the ability to integrate SAP Ariba with other business processes. This certification also provides the ability to manage various aspects of the contract lifecycle.
Top Companies Hiring SAP Ariba Procurement: Contract Compliance - AR520 Certified Professionals
Leading multinational companies such as IBM, Accenture, Deloitte and Capgemini are actively hiring
SAP Ariba Procurement: Contract Compliance - AR520 certified professionals. These companies recognize the value of such certification for managing efficient procurement processes and ensuring contract compliance.
Learning Objectives - What you will Learn in this SAP Ariba Procurement: Contract Compliance - AR520 Course?
The learning objectives of the
SAP Ariba Procurement: Contract Compliance - AR520 course are designed to aid participants in mastering the ability to manage and supervise contract compliance effectively in a SAP Ariba network. Participants will learn to implement and navigate within the Ariba Contract Compliance module, understand its integration with other SAP Ariba applications, and oversee effective control over the contractual lifecycle. They will also gain insights into the functionalities of automated compliance process and establish rules for supplier performance measurement. Through this course, learners will acquire skills to integrate procurement and contract management, facilitating business optimization.
