You can define numeric constants in Oracle Contracts. Numeric constants can be used by Contract Expert rules that use numeric conditions.
For instance, you may wish to define a rule as follows:
Condition: All contracts where the contract amount is greater than $1,000,000
Result: Add the clause Special Payment Terms
Define a constant called Contract Amount Threshold. In the constant, provide a value of $1,000,000.
Then, when you create the rule, you simply use the Contract Amount Threshold constant instead of entering the amount $1,000,000 on the rule. This way, if the threshold is increased later to $2,000,000, you only need to update the constant definition instead of every rule that uses this condition.
This section covers the following topics: