Vendor and Contract Lifecycle | Vendor Management Part 3
In this video we will discuss about below points :
00:00:00 - Introduction
00:00:32 - Vendor Lifecycle in ServiceNow
00:02:50 - Contract Lifecycle in ServiceNow
00:07:44 - Contract Renewal Lifecycle in ServiceNow
Basically the vendor in servicenow is going through few states from evaluation upto expiration and you must understand those states in servicenow. Same thing happens with the contract management as well. Contracts states and substates are basically dependent on the start and end of the contract and Business rule is written to handle their states and substates.
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