Business chain
A business chain is a specific ID for a business partner that represents a group of accounts. In many situations, the business chain and accounts included in it are processed the same way. You refer to accounts as members. The chain consists of accounts connected to one another on different levels, such as the parent company and its subsidiaries.
A business chain is used to connect the group of accounts to common business terms, such as a bonus agreement and discounts, as well as other conditions, such as a common invoice address and payer. An account can belong to one or several chains. Every connection or membership has a validity period.
A business chain can contain a maximum of nine levels. Several business chains
can also be connected to an umbrella organization represented by one business partner at the
highest level.
Note: The records shown in
the Business Chains sections are from M3.You cannot create business chain records in
M3 CLM.