Setup/Enable Contracts and Deliverables in PO

The following describe the base setup for enabling Contracts.  There are two ways to leverage Contracts.

1. Using PO – “Purchasing Contracts” – Integrate contract terms with a Contract Purchase Agreement, PO, or Sourcing document.
2. Using full blown Contracts – “Repository Contracts” –  
   1. Created in using the Workbench.
   2. Can include:
      1. License agreements
      2. non-disclosure agreements (NDA)
      3. merger agreements
      4. purchase agreements
      5. sales agreements
   3. Are outside normal purchasing flows and full execution capabilities are not required

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License the App

Purchasing

   Procurement Contracts

Set the following profile option to “Yes”

PO: Contracts Enabled

Set the following at the OU details in the Orgs window:

Using the responsibility: BE Contracts Terms Library Administrator setup up the following:

• Number Schemes      (O)
• Sections                     (R)
• Folders                      (O)
• Clauses                      (R)
• Contract Templates   (R)

Using the responsibility: BE Contracts Workbench Administrator setup the following:

• Contract Roles           (X )
• Risks                          (O)
• Contract Types          (R)