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Sample Contract Lifecycle
View a sample contract life cycle diagram.
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Blue rectangles represent intermediate states.
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Gray rectangles represent end states.
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Green diamonds represent actions.
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Yellow diamonds represent decisions.
Contract Lifecycle Workflow
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Draft the contract.
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Submit the contract for approval or cancel the contract.
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If you cancel the contract, the life cycle ends.
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If you submit the contract for approval, go to step 3.
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The contract goes into Awaiting Approval status. Approve or reject the contract.
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If the contract is rejected, it's canceled. The life cycle ends.
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If the contract is approved, go to step 4.
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Negotiate the contract.
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Send the contract for eSignature. The contract goes into Awaiting status.
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Activate the contract. The contract goes into Activated status.


