You can perform several actions with software contracts,
including creating revised versions, adjusting prices, and viewing
release costs.
Creating a software contract
You create a software contract in the Software Contracts
application. You can also create a software contract that is associated
with a master contract in the Master Contract application.
Revising contracts
You can create a revised version of a contract. You can
also create multiple revisions of a contract.
Authorizing sites with contracts
You can authorize one or more sites on a contract so that
they are available for use in the authorized sites. You can add sites
from other organizations to the contract only when the applicable
sites use the same company and item sets. You can also change vendor
data when you add sites to a contract. For example, you can authorize
a local vendor branch for each site.
Associating service level agreements with contracts
A service level agreement is a written agreement between
a service provider and its customers that defines the formal commitments.
The agreement documents the service to be provided or received, the
agreed upon service levels for the service, and the means of measuring
or quantifying the level of service.
Adjusting prices on contracts
You can apply a price adjustment to a contract record to
change the prices of its line items. You can raise or lower prices
based on a percentage value.
Creating a payment schedule
You use the Contract Line Items tab
in the Software Contracts application to create a schedule of payments
for software contract line items.
Creating a release PO from a software contract
You can create a new release purchase order that has all
of the properties, information, and terms and conditions of an existing
software contract by selecting Create Release PO from
the Select Action menu.
Viewing release costs
You use the View Release Costs dialog
box in the Software Contracts application to view the release costs
associated with a contract.