Signing Contracts

Updated: February 1, 2021
Contents

The contract flow consists of two major parts:

  • Setting up a partnership with a vendor. For this purpose, you need to create a program agreement and sign a program contract with your Vendor.
  • Setting up product distribution with a vendor. For this purpose, you need to create a distribution agreement within your program agreement and set a distribution contract with your vendor.

Create a Program Agreement

Information

A provider creates a program agreement to sign program contracts with vendors.

Prerequisites

A program agreement includes a legal document with agreement details created and verified by the provider’s legal department. In your test agreement, you can use any text document available locally for upload or available on a web site.

1. Start creating a program agreement

Proceed to the Agreements module:

Click the Create Agreement button.

2. Specify the agreement properties

In the pop-up window, specify the general properties:

  • Name: Enter a descriptive name of the agreement.
  • Description: Enter a short description of the agreement.

Scroll down the pop-up window and specify the rest of properties:

  • Document source: Provide your agreement text either by uploading a file or referring to a web site.
  • Activate version: Tick this checkbox to manage the agreement versions.

Click Create. Now, the new program agreement is on the list:

Create a Distribution Agreement

Information

Within a program agreement, a provider can create several distribution agreements that specify mutual rules for supplying and reselling products through specific marketplaces.

1. Start creating a distribution agreement

From the Agreements module, click on the program agreement you recently created and scroll down to the bottom:

Click the Create button under Distribution Agreements.

2. Specify the agreement properties

In the pop-up window, specify the agreement properties:

  • Name: Enter a descriptive name of the agreement.
  • Description: Enter a short description of the agreement.
  • Marketplace: Select the marketplace you created earlier in this tutorial

Scroll down to the bottom and specify the rest of properties:

  • Document source: Provide your agreement text either by uploading a file or referring to a web site.
  • Activate version: Tick this checkbox to manage the agreement versions.

Click Create. Your created distribution agreement will be displayed on the Distribution Agreements list:

Sign a Program Contract

Information

A program contract sets a partnership between a provider (contract initiator) and a vendor.

1. Start creating a program contract

Navigate to the Contracts module:

Click the Create Contract button.

2. Select the program contract type.

Choose the program contract type in the appeared form.

Information

A provider creates a program contract for a particular vendor. This is in contrast with an agreement that a provider typically creates for multiple vendors.

Click Next to continue.

3. Select a program agreement.

Specify the program agreement you created earlier.

Click Next to continue.

3. Specify the contract parameters

Fill out the following form:

  • Kind: Select “Production” for production purposes. Otherwise, choose “Test” for test scenarios.
  • Note to Signee: Enter a short note to a signee (Vendor).

Click Create to finalize your program contract creation.

3. Invite your vendor

Information

A provider invites a vendor to sign a contract by sending a link to the contract to that vendor.

The system will display a summary with an activation link:

Click the Copy icon next to the provided activation link. Send this link to your Vendor to sign up this contract and provide the access to the Vendor Portal.

Switch Point

With the activation link in your buffer, switch to the Vendor Tutorial and follow the Sign a Program Contract instructions.

Sign a Distribution Contract

Switch to this point after you make your new vendor request the provider to sign a distribution contract.

Information

A distribution contract enables a vendor to publish products on a provider’s marketplace. A distribution contract should be bound to a specified marketplace.

1. Locate the pending contract

Go to the Contracts module and locate a distribution contract with the Pending status:

Click on the contract ID to open this distribution contract.

2. Approve the contract

Review the pending contract:

Click Approve. In the pop-up window, click OK to confirm your decision.

Conclusion

Thus, you completed the contract flow. After the distribution contract is signed and approved, Vendors can present the product information to the marketplace that is specified in this contract.

Switch Point

Proceed to the Product Definition from the Vendor Tutorial to start the product flow.

Is this page helpful?
Translate with Google
Copied to clipboard