Course Description for Sales Contract Management

This course includes information on the following processes:

Basic Data and Requirements

Create Sales Contract

Estimate Sales Contract

Manage Sales Contract Tender

Execute Sales Contract

Finalize Sales Contract

Course Length

The estimated time to complete Sales Contract Management course is 13 hours.

Target Audience

This course was designed primarily for application consultants within Engineering and Project, or persons working related to Construction, Contracting Services, Infrastructure, Facilities Management, Asset Management, and Defense Contract Manufacturers.

Basic Data and Requirements

This chapter covers the basic data that is used in IFS/Sales Contract Management. 

Prerequisites

Before taking the lessons in this chapter, you should have basic knowledge about how to work with IFS Applications.

Chapter Length

The estimated time to complete this chapter is 40 minutes.

Target Audience

This chapter is designed primarily for people who will be working with sales contracts.

 

Create Sales Contract

This chapter covers how to create a sales contract and enter contract related information including:

Prerequisites

Before taking the lessons in this chapter, you should complete the basic data for creating a sales contract and have the basic knowledge about how to work with IFS Applications.

Chapter Length

The estimated time to complete this chapter is 40 minutes.

Target Audience

This chapter was designed primarily for contract managers and also for people who will be creating sales contracts.

Estimate Sales Contract

This chapter describes how to manage the bidding process on a sales contract and how to estimate a sales contract.

Prerequisites

Before taking the lessons in this chapter, you should create a sales contract and complete the lessons related to creating a sales contract.

Chapter Length

The estimated time to complete this chapter is 10 minutes.

Target Audience

This chapter was designed primarily for contract managers and also for people who will be taking the decisions on bidding for a contract and estimating sales contracts.

Manage Contract Tender

This chapter covers how to manage the tendering process of a sales contract. It includes how to submit a tender by managing the process with tender baseline.

Prerequisites

Before taking the lessons in this chapter, you should have basic knowledge about how to work with IFS Applications. It would also be useful to have knowledge about the basic functionality in IFS/Customer Order with Sales Quotation.

Chapter Length

The estimated time to complete this chapter is 2 hours.

Target Audience

This chapter was designed primarily for people who will be working with sales contracts tendering process.

Execute Contract

This chapter describes how to:

Prerequisites

Before taking the lessons in this chapter, you should have basic knowledge about how to work with IFS Applications.

Chapter Length

The estimated time to complete this chapter is 2 hours and 15 minutes.

Target Audience

This chapter was designed primarily for contract managers and also for people who will be managing the execution process of the sales contracts.

Finalize Contract

This chapter covers how to finalize the contractual commitments by closing the sales contract.

Prerequisites

Before taking the lessons in this chapter, you should have basic knowledge about how to work with IFS Applications.

Chapter Length

The estimated time to complete this chapter is 30 minutes.

Target Audience

This chapter was designed primarily for contract managers and credit controllers who will be finalizing the contractual and financial commitments on the sales contracts.