Administration

Administration: Administration is visible for admin only and in that he can able to add approval workflow, Business Unit, Users, ...etc

Approval Workflow: An Approval Workflow in CLM365 defines the sequence of steps or stages that a contract goes through for approval. It outlines the process, specifies approvers, and determines actions necessary for a contract's approval.

Business Unit: Business Units categorize different segments or divisions within an organization. They are used to organize contracts and manage permissions or access levels for users based on their roles within specific business units.

Contract Type: Contract Types in CLM365 categorize contracts based on their nature or purpose, such as sales contracts, service agreements, non-disclosure agreements (NDAs), etc. Each type might have specific templates, clauses, or processes associated with it.

Counter Party: Counterparty Types classify different types of counterparties based on their nature, such as customers, vendors, partners, etc. This classification helps in segmenting and managing contracts associated with different counterparties.

Counterparty Type: Counterparty Types classify different types of counterparties based on their nature, such as customers, vendors, partners, etc. This classification helps in segmenting and managing contracts associated with different counterparties.

Document Type: Document Types categorize documents related to contracts, such as proposals, amendments, addendums, etc. It helps in organizing and managing various document types associated with contracts.

Organization Info: Organization Info typically includes essential information about the parties involved in contracts, such as their legal names, addresses, contact details, and other pertinent information.

Reasons: Reasons might refer to predefined reasons or justifications associated with certain actions or events related to contracts, such as contract terminations, renewals, amendments, etc.

Request Action: Request Actions might represent predefined actions or steps that users can take regarding contract-related processes. These actions could include Edit Request, Send for Legal Review, Execution approval, etc.

Users Users refer to individuals or entities granted access to CLM365. They might have various roles, permissions, or access levels within the system to perform actions related to contract management based on their roles in the organization.