How to Add a New Vendor Group in Deal Analyzer in Xvantage for Associates

Overview:

This article explains how to add a Central Vendor Group in the Deal Analyzer Administration page.

Note: Credit & Finance has view access to the Central Vendor Group, while the Legal and Accounting roles have editing rights.

Process:

1. Go to My Apps and open Okta.

2. In Okta, search for Xvantage for Associates and open it.

3. Within X4A, hover over the left navigation menu and click Finance.

4. Select Deal Analyzer.

5. Click the Administration tab.

6. By default, the Central Vendor Groups page is displayed.

7. Click +Add Vendor Group.

8. In the Central Vendor Group Details pane, enter the required information.

• Details

  • Vendor Group - choose from the available options.

  • End User Novation - select from Yes or No

  • Perpetual Contract - select from Yes or No

  • Recommendation

• Cancellation Terms

  • Customer Cancellation - select from Yes or No

  • Customer termination clause - Enter description and penalty

  • End user termination clause - Enter description and penalty

• Auto Renewal Terms

  • Auto renewal of initial terms - select from Yes or No

  • Renewal date - select a date

  • Auto renewal terms

• Accounting

  • Revenue Recognition

  • Number of Performance obligations

  • Performance obligation

• Legal Documents - Upload supporting documents by clicking the upload area or dragging and dropping files.

  • Accepted format: .pdf, .doc, .docx, .xls, .xlsx, .ppt, .pptx, .txt, .csv, .jpg, .jpeg, .png, .eml, .msg

  • Maximum of 5MB per file

9. Click Save after completing all required fields.