Which KPIs related to contracts are available in SAP Smart Business?

The selection of unused contracts as a KPI available in SAP Smart Business is based on its relevance in contract management and procurement performance analysis. Unused contracts can highlight potential inefficiencies in procurement processes, allowing organizations to assess which contracts are not being leveraged effectively. Monitoring this KPI helps businesses optimize their purchasing strategies by identifying contracts that could be utilized more effectively, thus ensuring that they are maximizing their investment in supplier agreements.

The other options, while they may have their own significance in contract management, specifically do not represent KPIs typically highlighted in SAP Smart Business for monitoring contracts. For instance, contract duration can be a useful metric for assessing contract timelines but is not specifically categorized as a KPI in this context. Supplier ratings are essential for evaluating supplier performance but do not fall under contract-specific KPIs. Similarly, contract leakage pertains to the concept of identifying lost savings or value in contract negotiations but doesn't directly represent a KPI within SAP Smart Business focused on the management of contracts themselves. Thus, the focus on unused contracts effectively captures a critical dimension of procurement success and oversight.