SAP Contracts and Lease Management Training

Instructor-Led Training Parameters

Course Highlights

  • Instructor-led Online Training
  • Project Based Learning
  • Certified & Experienced Trainers
  • Course Completion Certificate
  • Lifetime e-Learning Access
  • 24x7 After Training Support

SAP Contracts and Lease Management Training Course Overview

The SAP Contracts and Lease Management training offered by Multisoft Systems is designed to equip professionals with advanced skills in managing contracts and leases within the SAP environment. This comprehensive course covers all critical aspects of contract management, including creation, administration, monitoring, and closure of contracts and leases. Participants will learn how to utilize SAP solutions to effectively manage both straightforward and complex contract scenarios in various industries. Leveraging SAP's integrated core functionality, the training delves into the specifics of lease management, focusing on compliance with international standards like IFRS 16 and ASC 842. It also addresses the operational and financial impacts of lease contracts, providing learners with the ability to forecast and plan effectively.

Through practical exercises and expert instruction, attendees will gain hands-on experience in navigating the SAP system, enhancing their proficiency in leveraging SAP for optimized contract and lease management. By the end of the course, participants will have a thorough understanding of how to apply SAP tools to ensure compliance, improve operational efficiency, and contribute significantly to their organizations' financial health. This training is ideal for professionals aiming to enhance their skills in finance, real estate management, and legal contract management within the SAP framework.

Instructor-led Training Live Online Classes

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SAP Contracts and Lease Management Training Course curriculum

Curriculum Designed by Experts

The SAP Contracts and Lease Management training offered by Multisoft Systems is designed to equip professionals with advanced skills in managing contracts and leases within the SAP environment. This comprehensive course covers all critical aspects of contract management, including creation, administration, monitoring, and closure of contracts and leases. Participants will learn how to utilize SAP solutions to effectively manage both straightforward and complex contract scenarios in various industries. Leveraging SAP's integrated core functionality, the training delves into the specifics of lease management, focusing on compliance with international standards like IFRS 16 and ASC 842. It also addresses the operational and financial impacts of lease contracts, providing learners with the ability to forecast and plan effectively.

Through practical exercises and expert instruction, attendees will gain hands-on experience in navigating the SAP system, enhancing their proficiency in leveraging SAP for optimized contract and lease management. By the end of the course, participants will have a thorough understanding of how to apply SAP tools to ensure compliance, improve operational efficiency, and contribute significantly to their organizations' financial health. This training is ideal for professionals aiming to enhance their skills in finance, real estate management, and legal contract management within the SAP framework.

  • Gain a solid understanding of the core concepts and functionalities involved in SAP Contracts and Lease Management.
  • Develop the ability to efficiently navigate and utilize the SAP system for managing contracts and leases.
  • Learn to manage contracts and leases in compliance with international financial reporting standards such as IFRS 16 and ASC 842.
  • Acquire skills to optimize the management of contracts and leases, enhancing operational efficiency and financial performance.
  • Understand how to assess and mitigate risks associated with contract management and lease agreements.
  • Develop proficiency in forecasting the financial impact of lease agreements and contracts using SAP tools.
  • Apply learned skills through hands-on practice and real-world scenarios to ensure practical understanding and applicability.

Course Prerequisite

  • Basic knowledge of SAP systems.
  • Understanding of contract management processes.
  • Familiarity with lease management and accounting principles.

Course Target Audience

  • Contract Managers
  • Lease Administrators
  • Financial Analysts
  • Compliance Officers
  • Property Managers
  • SAP Consultants
  • Real Estate Professionals
  • Legal Advisors
  • Procurement Officers

Course Content

  • Describing Contract Management in SAP Real Estate Management for SAP S/4HANA and SAP Fiori
  • Outlining IFRS and US-GAAP ASC 842 Regulations

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  • Describing SAP Contract and Lease Management
  • Explaining the Contract Valuation Process

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  • Describing Contract Valuation
  • Understanding Valuation Postings

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  • Understanding Change Management
  • Performing Contract Changes

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  • Describing Transition Scenarios
  • Explaining Transition Scenarios and the Valuation Process

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  • Outlining the Main Customizing Tasks
  • Outlining the Settings required for the Valuation Process
  • Outlining the Settings required for the Account Determination

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SAP Contracts and Lease Management Training (MCQ) Assessment

This assessment tests understanding of course content through MCQ and short answers, analytical thinking, problem-solving abilities, and effective communication of ideas. Some Multisoft Assessment Features :

  • User-friendly interface for easy navigation
  • Secure login and authentication measures to protect data
  • Automated scoring and grading to save time
  • Time limits and countdown timers to manage duration.
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SAP Contracts and Lease Management Corporate Training

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Learning Assessment

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Certification Training Achievements: Recognizing Professional Expertise

Multisoft Systems is the “one-top learning platform” for everyone. Get trained with certified industry experts and receive a globally-recognized training certificate. Some Multisoft Training Certificate Features :

  • Globally recognized certificate
  • Course ID & Course Name
  • Certificate with Date of Issuance
  • Name and Digital Signature of the Awardee
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SAP Contracts and Lease Management Training FAQ's

You will learn to manage and optimize contracts and lease agreements using SAP software, focusing on compliance, efficiency, and financial impact.

The training is ideal for contract managers, lease administrators, financial analysts, SAP consultants, and professionals involved in procurement, real estate, and compliance roles.

Yes, attendees should have a basic understanding of SAP systems and contract management processes. Familiarity with financial and lease accounting principles is also recommended.

The training is designed for individuals with some background in SAP and contract management. It is advisable to have foundational knowledge in these areas.

To contact Multisoft Systems you can mail us on info@multisoftsystems.com or can call for course enquiry on this number +91 9810306956

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