What is sponsor in SAP (LOD-ESO - Sourcing OnDemand)?

SAP Term: sponsor

• Component: LOD-ESO

• Component Name: Sourcing OnDemand

• Description: A collaborator role that gives a user other than the owner all rights to a sourcing document. A sponsor is typically an executive overseeing the sourcing activity.

AnswerBot for ERP

• Key Concepts: 
  A sponsor in SAP LOD-ESO Sourcing OnDemand is a user who is responsible for the overall management of a sourcing project. The sponsor is responsible for setting up the project, assigning tasks to other users, and monitoring the progress of the project. The sponsor also has the ability to approve or reject changes made by other users. 
  
  How to use it: 
  To use a sponsor in SAP LOD-ESO Sourcing OnDemand, the user must first be assigned as a sponsor for the project. This can be done by selecting the “Sponsor” option from the project setup page. Once assigned, the sponsor will have access to all of the project’s data and can assign tasks to other users, approve or reject changes, and monitor progress. 
  
  Tips & Tricks: 
  It is important to assign a sponsor for each project in SAP LOD-ESO Sourcing OnDemand. This will ensure that there is someone responsible for managing the project and making sure that it is completed on time and within budget. Additionally, it is important to assign tasks to other users in a timely manner so that progress can be monitored and changes can be approved or rejected quickly. 
  
  Related Information: 
  For more information on sponsors in SAP LOD-ESO Sourcing OnDemand, please refer to the official documentation available on the SAP website. Additionally, there are many online tutorials available that provide step-by-step instructions on how to use sponsors in SAP LOD-ESO Sourcing OnDemand.