What is Enterprise Contracts?
Enterprise Contracts is an application to manage all an organization’s contracts from vendors, partners, customers, or employees into a single system for seamless, holistic management.
Who Needs Enterprise Contracts?
- Medium to Large Organizations
- Organizations With Multiple Divisions
- Organizations With High Compliance Standards
Enterprise Contracts Capabilities
Social Collaboration
Complete contracts faster by engaging your team. Keep conversations in context, and capture feedback on documents.
Word Integration
Use the Terms Library, draft contracts and redline in MS Word. Synchronize offline changes accurately in the application.
Contract Expert
Fast-track complex contract creation using template and clause selection rules. Enforce policy rules and highlight deviations.
Terms Library
Implement contract best practices with standard templates and clauses and ensure enterprise-wide compliance.
Renewal Rules
Increase customer lifetime value by improving renewal rates and reducing revenue leakage.
Contract Printing
Tailor content and signature blocks to your company format. Eliminate clause edits and substitute negotiated terms in contract text.
Configurable Workflow
Configure contract workflow and user statuses to establish corporate processes. Route approvals based on policy or clause deviations.
Electronic Signature
Send contracts for electronic signature with DocuSign. Seamlessly track the status of the signature and acceptance process.
Workload Management
Facilitate optimal utilization of resources, resolve bottlenecks, and execute your contracts faster.
Search & Reporting
Improve contract management and compliance using advanced search, text search, and flexible reporting capabilities.
Enterprise Contracts Key Factors1. Are you selling or buying?
For Intent, you select either Sell or Buy.
2. Are you buying or selling now or negotiating a long-term contract with terms, such as pricing, that will govern a future purchase or sale?
For Class, select Enterprise Contract if you are buying or selling now. If you are negotiating a future purchase or sale, select one of the Agreement classes, for instance Purchase Agreement for a future purchase.
3. Does the contract involve the purchase or sale of specific items?
If the contract involves the purchase or sale of specific items, then you can specify how those items are entered into contract lines by adding different line types to the contract type. Some line types permit contract authors to select items tracked in inventory; others permit the entry of any item as text, for example, for free-form services.
Some of the line types support integration with other Fusion applications, for example, project line types support the billing of items through Oracle Fusion Project billing. Buy-intent lines allow the capture of pricing information and support integrations to purchasing systems to create POs, CPAs or BPAs.
Contracts Intent Type (Buy / Sell)
Contracts Class & Buying Items?
Terms and Conditions → Terms Template
Terms Library
Contract Management → Terms Library → Task List
Clause Creation
Contract Management → Terms Library → Clauses → Actions → Create
Terms Template Creation
Contract Management → Terms Library → Terms Template → Actions → Create
Contract Type
Setup and Maintenance → Enterprise Contracts → Enterprise Contracts Base → Manage Contract Types
Contract Creation
Contract Management → Contract → Actions → Create
Enterprise Contracts → Purchase Order
Enterprise Contracts → CPA (Contract Purchase Agreement)
Enterprise Contracts → BPA (Blanket Purchase Agreement)
Enterprise Contract Process Flows
