Save Draft Option for Contract Management

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Feature released in SummitAI Asset Management (Sierra SP1, Asset Management)

What's New?

Now, users can save Contracts as Drafts while creating a new Contract or editing an Approved Contract. This helps the users to save the changes as Drafts before submitting the Contracts. A submitted Contract is an Approved Contract.

A new Save Draft button is added on the NEW CONTRACT and CONTRACT ID pages (Asset > User > Manage Asset > Contract Management. On the ACTIONS panel of the CONTRACT MANAGEMENT page, click ADD NEW to add a new Contract or SHOW LIST to view an existing Contract.).

Saving New Contract as Draft

A user can save a new Contract as Draft.

Figure: NEW  CONTRACT

Editing Contract in Draft Status

Users can edit a Contract that is in Draft status and save the Contract as Draft again. The previously updated data is overwritten by the later updates. A Draft can be also discarded using the Discard Draft button.

Figure: Draft Contract

Editing Approved Contract and Saving as Draft

The users can edit an Approved Contract and save the Contract as Draft and submit later. They can edit the Draft version of the Approved Contract by clicking on the Draft Contract ID on the list page or by clicking on the link available on the Approved Contract ID page. 

Figure: Approved Contract with Draft ID

The users can make changes and save the Contract as Draft, or Discard the Draft, or submit the Contact. When a Contract is submitted, the status of the Contract is updated to Approved status.

Figure: Save Draft

Both the Approved and Draft Contracts are displayed on the Contract Management list page. For more information, see Adding Contract or Agreement Details.