Actions

C406

Update Contract

The activities associated with distributing the updates to the existing (renewed) contract or the new contract (replacing the expiring contract).

This page needs to be updated. Please participate in the discussion at the Update Contract Discussion Page.

Use Cases

  • Updating price records in ERP systems

Notes

Typically this is significantly less effort than distributing a new contract and the associated new customer setup activities. A renewal generally requires less master data maintenance in ERP and other relevant systems.

The word contract in the process name should be interpreted in the widest form as needed for its application: Some use cases apply different names to the contract: 'general terms and conditions', 'user agreement', 'membership', Memorandum Of Understanding, 'treatment agreement'. Inquiry-to-Order

Hierarchy

IDNameLevelx
C4Contract Renewal2C4
C406Update Contract3C406

Term(s)

IDNameClearx
I2OInquiry-to-OrderI2O

Workflow

FromInput(s)
Process
Output(s)To
C406
Update Contract Contract Renewal C40600 3