After a contract is approved, it should be signed by authorized representatives of each party. The legally binding signature process can be ink-based or electronic, as agreed by the parties. You can capture the names of the signers and the signature dates for all parties in the system, and change the contract status to Signed. Once the contract is signed, it can only be amended or terminated.
Steps:
Open the contract. The contract must be in the Approved status. For more information, see Searching for Contracts.
While creating a contract you can select the Signature Type as one of the following: E-Signature, Manual, or None. The contacts defined on the Add Contacts page based on Signature Type and Sequence options can sign the contract.
If you select the E-Signature option, you also need to specify a value for the Contract Repository Signature Workflow at the contract type level, this in turn provides e-signing privilege for the document. The E-Signature option users require a user name and password to sign the document.
If you select Signature Type as Manual, the system displays the Sign Contract page. Enter the necessary information. For more information, see the Sign Contract page.
If you select Signature Type as None, then the contract does not need a signature.