Contract Import Step by step process in OLFM

• The following process should be sequentially executed.

         Import àFundingàValidationàStream GenerationàDraft Journal EntryàApproval

• Some of the processes mentioned are optional like Draft Journal Entry & Approval. These optional processes can be skipped based on the business process and the state of the contracts in the legacy systems. 

• If the contracts are created in batches, while one batch is undergoing one process, other batch can be run in parallel. For example, while the first batch is undergoing stream generation, the second batch can be submitted for validation.