Business Partner Agreement Management

Manage the establishment of agreements with business partners; Initiate and complete business agreements when one or more business partners are involved. Such agreements may lead to the establishment of a contract as a legally binding document between the parties involved. Contract Management is defined as part of the Enterprise Governance process.<br/>Extended Description:<br/>Business Partner Agreement Management manages all aspects of agreements with business partners. Agreements include:<br/>•Purchasing agreements for products, services, and resources that meet the enterprise’s needs.<br/>•On-boarding agreements for business partners’ offerings<br/>•Service Level Agreements with one or more other business partners<br/>•Agreements to use a business partner as a sales channel<br/>•Agreements based on a reusable template which is used to create any of the above.<br/>Note: Applicable sub-processes are also used by other processes, such as Product Offering Agreement Management and Business Partner Privacy Management to manage these types of agreements to avoid duplication of the sub-processes.<br/>Initiate and complete business agreements with Business Partners, to allow the delivery of business and technical capabilities required by the enterprise. For example, through these processes, the enterprise might contract with a supplier of a new-generation mobile network and put in place links between the IT Systems of the Business Partner and the enterprise, ready to allow specific processes and product offerings to be developed.<br/>This process is also responsible for the establishment of commercial agreements between the enterprise and external business partners/providers on B2B frameworks and interactions.<br/>Agreements may be formalized as legal contracts under the responsibility of the Contract Management process as defined in the Enterprise Governance process.<br/>Business Partner Agreement Management also manages the agreement for established arrangements and processes between the enterprise and the selected Business Partner as well as specifications for deliverables within the context of the negotiated agreement.<br/>This process particularly applies when the commercial arrangements between business partners exist over an extended period, and the commercial agreement allows for the on-going specification of deliverables within the period of the commercial agreement. Shorter-term commercial agreements are unlikely to require the comprehensive level of commercial administration that these processes bring (but note that Business Partner Support & Readiness processes may have a role in this case).<br/>The name of this process was changed in 24.0 old name was Party Agreement Management<br/><br/>