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IBM Emptoris Contract Management Contract Lifecycle

IBM Course Code: 6D70G

Vendor# 6D70G

GK# 720475

Course Overview

This course describes the various stages, processes and methods in the Emptoris contract lifecycle.

This course explains the contract creation and collaboration processes in detail. This course also teaches how to modify, present, execute, manage and maintain contracts using the IBM Emptoris Contract Management system.

Unit checkpoints at the end of each Unit help to check your knowledge and reinforce the concepts you learned. Demo videos have been provided to support your learning. The course can be used as both start-to-finish training and as a Performance Support tool on the job.

Delivery Format Options

  • Self-Paced


    Recordings, hands-on labs and expert instructors empower you to train on your own schedule.


    $0 CAD

    1 session

  • Private Group Training

    Private Group Training

    Train your entire team in a private, coordinated professional development session at the location of your choice.

    Receive private training for teams online and in-person.

Request a date or location for this course.

What You'll Learn

  • Demonstrate an understanding of the Contract Management Contract Lifecycle
  • Create a contract based on a Contract Template
  • Use Each Tab on the Contract Editor to update the Contract Language and associated meta-data
  • Describe the role and utility of Terms
  • Use the Word Editor to edit the language of your contract
  • Describe the Contract Review process
  • Invoke the Contract Review process
  • Review a contract
  • Use the Word Editor to compare various revisions of your contract
  • Describe Contract Security, especially as concerns regarding Contract Visibility to Users
  • Describe the Contract Approval Process
  • Invoke the Contract Approval Process
  • Approve a contract
  • Use the Management Tab in the Contract Editor to monitor the audit trail of Contract Activity displayed there
  • Check Out a Contract so you can exchange it with your External Party and negotiate its terms.
  • Check In a contract so the system can update the evolving Contract
  • Execute a contract
  • Search the Contract Repository
  • Create Folders
  • Manage the contract both before and after Contract Execution
  • Amend an Active Contract

Who Needs To Attend

This basic course is designed for users who create contracts and manage them through the Contract Lifecycle. It is ideal for anyone new to the product who will be an active user of it.

Course Outline

Download Course Outline