Howdy Logo
Glossary Hero image

The Howdy Glossary

Search terms in Glossary

Sap Ariba Contracts

SAP Ariba Contracts, previously known as Quadrem and later Ariba Contract Management, is a part of the SAP Ariba suite for procurement. The software automates and optimizes the management of contracts throughout their lifecycle, from creation to expiration or renewal. It supports contract request, authoring, negotiation, approval cycle, execution, and amendment processes. SAP Ariba Contracts provides visibility through reporting capabilities and alerts users to important milestones or contractual obligations. With built-in compliance features like e-signatures and audit trails for tracking changes, this cloud-based solution helps organizations reduce risk while improving process efficiency by digitizing manual tasks associated with contract management.