Contracts Management - Creating and Managing Contracts
Advanced and Lite
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Introduction
Domain Diagram A domain diagram is a structured visual representation of elementary entities of the system and the relationship between them. Standalone Contract A Standal...
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Contract Setup
A setup process allows you to enter contract data into the system in a clean and consistent way. This allows reporting to be precise and easy to access. This approach supp...
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Saving and Versioning Draft Contracts
As you work with contract drafts, saving different versions is important for tracking changes and maintaining a record of each contract iteration. Here’s how you can save f...
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Contract Extensions
Extensions are applicable for Standalone and Subcontract but not for Head Agreement contracts. A Head Agreement contract doesn't have any duration or value stored against ...
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Contract Variations
Standalone and Subcontract contracts can be varied in price, duration, terms and conditions but Head Agreement contracts can only be varied in terms and conditions. A He...
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Adding Compliances to a Vendor
In Advanced Contract Management (ACM), compliances can be added to a Vendor record, and then linked to one or more contracts. This can be accessed one of two ways: From the...
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Linking Vendor Compliances to a Contract
Contract Management allows users to record and manage compliance details for vendors linked to their contracts. This article explains how compliance details can be viewed,...
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Contract Overview - Events
An events table on the Contract Overview page lists all the events that are linked to this Contract. The list will display the following events for the Contract: Action ...
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Schedule of Rates
A Schedule of Rates can be setup and managed per Contract and is accessed via the Value block on the Contract Overview page. The Schedule of Rates eform allows you to cap...
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Payment Certificates
Payment certificates can be added via the Schedule of Rates (Overview page) or Payment Certificates block (Payments page) on the Contract record. You can raise a payment ...
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Novation
Novation supports replacing an existing vendor on an agreement with another vendor. Features When changes are applied, the Contract is automatically updated with the ne...
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Contract Registers
Once a contract is active, there are multiple sets of registers available for you to access. They are grouped under Function Areas named Legal, Tracking and Payments. Th...
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Documents
Documents can be uploaded at various points within the Contract system, however, having a dedicated space for the key contract documents can make it easier to find importa...
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Vendor Contract Access
The advanced version of the Contracts Management module supports the ability for Vendors to access an online portal where they can view their contracts, and if permitted, ...
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Managing Contracts as a Vendor
The advanced version of the Contracts Management module supports the ability for Vendors to access an online portal where they can view their contracts, and if permitted,...
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Allocation History
Allocation History stores all re-allocations of roles done for a particular contract. You can view the Allocation History on the Settings page of your contract. This helps...
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Contract Management Integration (Award in Go to Market)
Users that have access to Go to Market and Contract Management can automatically create new contracts from awarded supplier responses - reducing double handling and hu...