You can approve clauses before you add them to contract templates.
Note: You can also add clauses in draft form into a contract template.
When you choose to approve clauses, you can:
Approve one clause at a time.
Select and submit more than one clause for approval at the same time.
Respond to approval.
Comment on either approval or rejection decision.
Set up an approver. For more information, see Setting Up Operating Units.
Note: The default workflow supports one approver per intent (Buy or Sell.) However, you can modify the workflow processes to include more approvers and route approvals based on additional business conditions.
Create a new clause or search and open a clause in Draft status.
Click the Submit button.
The status of the clause changes from Draft to Pending Approval.
A workflow notification is sent to the approver.
The approver opens the notification and reviews the clause.
The approver can approve, reject, or reassign the clause.
The approver may reassign the clause for approval to another user. While reassigning, the approver may delegate the notification while retaining ownership on the notification or transfer the notification to the assignee.
As the result:
The clause status is changed to Approved or Rejected.
A workflow notification informs the author of the clause of the decision.