C_ARCON_2404

The SAP C_ARCON_2404 exam, "SAP Certified Application Associate - SAP Ariba Contracts", focuses on the concepts and functionalities of SAP Ariba Contracts, a cloud-based solution for managing contracts throughout their lifecycle. Here are the main points covered in the exam:

1. Understanding the Ariba Contracts Solution and its Integration:

• Understanding the key features and functionalities of Ariba Contracts. This includes areas like contract authoring, negotiation, approval, execution, and management.
• Knowing the different roles involved in contract management (author, approver, negotiator, etc.).
• Knowing the integration points of Ariba Contracts with other SAP solutions and third-party systems. This includes integration with SAP S/4HANA, SAP Ariba Sourcing, and other SAP Ariba modules.

2. Contract Management Lifecycle:

• Understanding the various phases of the contract lifecycle. This includes contract authoring, negotiation, approval, execution, and post-execution management.
• Knowing the different types of contracts supported by Ariba Contracts (e.g., service agreement, non-disclosure agreement).
• Understanding the importance of contract clauses and how they are managed in Ariba Contracts.

3. Contract Authoring and Negotiation:

• Understanding the process of creating and authoring contracts in Ariba Contracts. This includes using templates, adding clauses, and defining pricing and payment terms.
• Knowing how to negotiate contracts in Ariba Contracts. This includes managing counteroffers, tracking revisions, and resolving discrepancies.
• Understanding the role of electronic signatures in Ariba Contracts and how they are used to secure contracts.

4. Contract Approval and Execution:

• Understanding the different approval workflows and how they are configured in Ariba Contracts.
• Knowing how to manage contract approvals and track contract status.
• Understanding how contracts are executed in Ariba Contracts and how they are linked to relevant master data.

5. Contract Management and Reporting:

• Knowing how to monitor and manage contracts after execution. This includes tracking milestones, managing obligations, and managing contract amendments.
• Understanding the importance of contract compliance and how to ensure compliance with relevant laws and regulations.
• Knowing how to generate reports and analytics on contract data in Ariba Contracts.

6. Configuration and Administration:

• Understanding the different configuration settings available in Ariba Contracts. This includes customizing workflows, settings, and user roles.
• Knowing how to perform system administration tasks in Ariba Contracts, such as user management, data migration, and troubleshooting.

7. Data Management and Integration:

• Understanding how data is managed in Ariba Contracts. This includes managing master data, contract data, and integrations.
• Knowing how data is integrated with other SAP solutions and third-party systems. This includes setting up data interfaces and managing data flows.

Note: This is not an exhaustive list, but it provides a good overview of the key topics covered in the SAP C_ARCON_2404 exam. To prepare for the exam, it is recommended to study the official SAP study guide and practice exams, as well as other resources available online.