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Structure your contracts that originated from the procurement plan

The Contracts tab offers a streamlined and intelligent method for saving and structuring all contractual agreements that originate from your procurement plans.

Creating a contract folder from a plan:

  • The name, description and start & end date of the plan will be added to the contract folder when this has been created from the plan

Creating a Contract Folder from a Plan

To ensure consistency and eliminate redundant data entry, the system automatically transfers key information when you generate a contract folder directly from an existing plan:

Plan Detail

Automatically Transferred to Contract Folder

Plan Name

Contract Folder Name

Plan Description

Contract Folder Description

Plan Start Date

Contract Folder Start Date

Plan End Date

Contract Folder End Date

This process ensures that the fundamental details and timelines of the original procurement plan are accurately carried forward to the corresponding contract documentation.

Article Ref: 141020251403

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