Sales order management involves managing business-to-business sales processes for goods and services. For example, if your company sells products to a wholesaler who then sells those products to consumers, these transactions would go through a series of sales order processing steps such as checking the wholesaler's credit limit, checking product availability, processing backorders, billing, reconciling payments, and more.
http://www.examiner.com/article/how-do-businesses-benefit-from-sap-order-management
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