Revise Contracts
Create a contract.
You can revise active or expired contracts and view the history of previous versions of contract agreements.
You can revise a contract to:
- Make term changes.
- Renegotiate data changes.
A contract must be active or expired to make revisions. When revising a contract, you can edit these fields:
- Title
- Description
- Category
- End Date (Only when you set Auto Renew to No.)
- Final Spend
- Renewal Termination Notice
- Renewal Termination Reminder
- Custom Fields
You can't change the contract type or supplier company on an active contract.
Documents in the
Contract Documents
tab from the original contract aren't added to the revision record. Once you archive a revision record, documents in the revision record from the Contract Documents
tab aren't merged onto the original contract. In a contract revision record, documents in the Contract Documents
tab aren't added to Attachments
in the revision record or the original contract record.- Select .
- Access the active or expired contract that you want to revise.
- Click theRevisebutton and confirm the creation of a contract revision.You can edit the contract revision without impacting the existing contract.
- Send the contract revision for approval.
- Once the contract revision is inApprovedstatus, selectComplete Revision.
Workday Strategic Sourcing displays an additional line in the contract history with the creation date of the revision.