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Condition check definitions

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Condition check definitions

Condition check definitions enable you to define logical conditions that indicate when to change a specific field value in a record.

A scheduled job, called Contract Compliance Checks, evaluates these condition check definitions nightly by running the condition checker. Use this condition checker to check start dates and end dates and to set expiration levels for contracts.

For example, a contract has a start date of March 1st. When the condition checker runs on March 1st, it verifies that the contract Substate is Approved and sets the contract State to Active based on the Start Date field.

The nightly condition checker sets the appropriate expiration level for active contracts based on the contract End Date. The expiration level can be viewed in the Contracts list. Knowing the expiration level can help contract managers renew or extend a contract before it expires.