Review and Approve
- 22 Oct 2024
- 1 Minute to read
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Review and Approve
- Updated on 22 Oct 2024
- 1 Minute to read
- Print
- PDF
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Approval of contracts involves a meticulous review and authorization process to ensure that all IT-related agreements align with organizational goals and compliance standards. This includes evaluating terms, conditions, and financial implications to safeguard assets and optimize resource allocation. Key stakeholders, including legal, procurement, and IT departments, collaborate for thorough scrutiny and risk assessment. The final approval signifies concurrence across departments, enabling streamlined and secure acquisition, deployment, and management of IT assets.
Let's explore the following use case.
Use Case User Persona: Approver | Solution |
NovaTech company is experiencing bottlenecks in its contract approval process for IT asset procurement. The delays are primarily due to manual handling, lack of transparency, and miscommunication among the IT, legal, and procurement departments. As a result, essential IT assets are not being deployed on schedule, causing project delays and operational inefficiencies. | To resolve this, Approver who has the authority to review and approve or reject the created contracts in ITAM module. The approver is responsible for making critical decisions based on the evolving situation. This includes prioritizing certain tasks, authorizing changes to the production systems, or approving downtime for affected services. |
Approve Contract(s)
You can view the list of contract(s) in a tabular or list view and approve the contract(s).
To approve the contract(s), perform the following steps:
Navigate to User Dashboard.
Click Asset Management.
From the left panel, select Asset Management. Click Review & Approve
Figure: Asset managementList of all the contracts that are awaiting your approval is displayed.
Figure: Approve Contract - List pageClick the Contract ID that you want to view or approve. The corresponding contract details page is displayed.
Figure: Approve contract details page
The status of the contract will be Pending Approval. Review the details of the contract and click Approve.
Figure: Approve contractClick Save to save the made changes in the contract details screen. If you do not want to save the changes, click Cancel.
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