Overview of contract maintenance
The overall contract process consists of the contract creation, contract maintenance, and payment management phases. The contract maintenance phase includes sending and receiving notifications about upcoming dates, and revising each contract through proposed change requests and amendments. With these notifications and change requests, you can maintain the accuracy and efficiency of your contracts. To ensure the accuracy of your contracts, you can revise each contract through proposed change requests and adjustments.
Contract maintenance process flow
Real estate contract maintenance
In the
application, real estate contract maintenance includes the following
elements:
- Contract notifications that can be sent to any number of defined roles,
- Real estate data change requests that are sent to the Contract Administrator role,
- Real estate lease assumption change requests that are sent to the Lease Accountant role, and
- Adjustments to the real estate contract that might be necessary after these events.
Asset lease contract maintenance
In the
application, asset lease contract maintenance includes the following
elements:
- Contract notifications that can be sent to any number of defined roles,
- Asset lease data change requests that are sent to the Contract Administrator role,
- Asset lease assumption change requests that are sent to the Lease Accountant role, and
- Adjustments to the asset lease contract that might be necessary after these events.