The order of the steps within each of the following tasks represents one possible way of completing this procedure. The steps can be completed in the order that best suits your business purposes.
Here are the tasks to negotiate contracts.
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Document a new contract by entering the contract details and saving the record, after which the record enters advanced workflow.
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(Optional) Begin a contract risk review assessment to evaluate the risk of the contract.
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Submit the contract for review.
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Review the contract and determine whether to approve, reject, or cancel the contract.
Next steps
Finalizing the Supplier Request Form, Engagement and Contract