Approving contracts

After a contract or a vendor agreement has been moved from a Draft state and into a Released or Final Approval state, you can approve the contract.

If the contract is approved while in the Released state, and negotiations or final approval is required, the contract moves to the Negotiations or Final Approval state. If neither negotiations or final approval are required, the contract moves to the Ready To Activate state.

If the contract is approved while in the Final Approval state, the contract moves to the Ready To Activate state.

To approve a contract and create a vendor agreement