The Master Agreement Revision (MMR) document is used to provide another 'means' to process modifications to the Master Agreement (MA) document after it has been finalized. Multiple draft MMR documents against a single Master Agreement can exist simultaneously and users can independently workflow multiple modifications to the same agreement and apply approved modifications in the order of approval. The MMR document allows accepting the modifications expressed in the delta format and applying those deltas to produce new versions of the latest 'Final' version of an existing Master Agreement. Users can either directly modify the MA by clicking on Edit and creating a new MA Modification or use the MMR to generate a MA Modification document. The MMR can only be created by using the Copy Forward action on a Final version of a MA document. These two methods can be used simultaneously together. Both documents can be displayed from the Contract Catalog page or the Document Catalog page
The MMR document contains the majority of Master Agreement fields with the most recently submitted values. All of the values for the previously submitted document ("existing" values) are protected and shown on the left side column for informational purposes only. Any modification/changes need be performed on the right hand side in the "new values" column. Only enter values in those fields you wish to change. If the field to be updated is a 'check box' in the 'existing' values, it displays with a dropdown box in the 'new values' column and is defaulted to No Change. If the checkbox for the existing value is blank, select Yes if you want it checked. If the check box for the existing value is checked, select No if you want to have it unchecked.
When MMR document is saved or validated (or submitted to pending) the system refreshes the values for all existing left hand side fields based on the latest 'Final' version of the MA document. The data in the existing values column is not refreshed after the document has been submitted.
The MMR document contains the majority of Master Agreement (MA) fields with the most recently submitted values. All the values for previously submitted documents ("existing" values) are protected and shown on the left side column for informational purposes only. Any modification/changes need be performed on the right hand side in the new values column. Only enter values in those fields you wish to change. If the field to be updated is a check box in the existing values, it is displayed as a drop down box in the new values column and is defaulted to No Change. If the check box for the existing value is blank, select Yes if you want it checked. If the check box for the existing value is checked, select No if you want to have it unchecked.
When the MMR document is saved or validated (or submitted to pending) the system refreshes the values for all existing fields based on the most recent version of the Master Agreement document. The data in the existing values column is not refreshed after the document has been submitted. On validate of the MMR, the system generates a MA Modification Draft from the latest final version of the MA and passes values from the MMR to the MA Modification Draft. The system them triggers the standard validations against this MA Modification Draft. If any validations fail, the system discards the MA Draft and displays errors to the MMR. If all validations pass, the MA Modification Draft is submitted or sent to workflow for approval.
The MMR contains the following sections: