What is a characteristic of No-release Order Contracts in Ariba?

No-release Order Contracts in SAP Ariba are designed specifically to streamline the procurement process by eliminating the need for release orders. This means that once a No-release Order Contract is established, it does not require the creation of individual release orders for each procurement transaction. Instead, it allows for direct procurement against the contract for goods or services as needed. This characteristic simplifies the purchasing process and enhances efficiency, as the ordering can be done directly based on the terms of the contract without additional steps.

The other options highlight characteristics that are not applicable to No-release Order Contracts. For instance, the idea of allowing multiple release orders contradicts the very definition of a No-release Order Contract, which operates without the need for release orders. Similarly, options mentioning direct invoice submissions or limitations to purchasing services do not accurately describe the broad flexibility that No-release Order Contracts offer in handling various procurement needs without the constraints of release orders.