Contract Organizations
Contract organizations are internal organizations that may or may not be assigned to contracts.
Organization level restrictions
Users that belong to an internal organization can have access to specific contracts and clauses based on the organization-restricted permissions that are given to them. The organization-restricted permissions are provided through the contract or clause template, and term definitions. These restrictions determine who can edit the object, select it as a search criteria, or for creating a new instance.
Contract organizations
The following table lists the organizations that a contract can have.
| Organization | Description |
|---|---|
| Internal party | Party that is legally bound by the contract. |
| Contracting organization | Party that manages the collaboration and negotiation processes. A contracting organization is automatically set as the contract creator's organization when the contract is created. When the primary internal contact is changed, the organization changes to the internal contact's organization. A contracting organization cannot be changed manually. |
| Owning organization | Organization of the business owner of the contract. By default, this is the contract creator's organization, but can be changed to an internal user's organization. The owning organization determines the following settings:
|
| Affiliated organizations | Organizations that have a business interest in a contract. These are optional. |