How to terminate the contract in Mochadocs?

Mochadocs - Contract Management - Gears V1

How to terminate the contract?

This is one of the useful capabilities of the Mochadocs Contract Management that allow users to start the cancellation workflow and leave the contract itself intact. This functionality updates automatically the status of its contracting lifecycle without necessarily changing its substantive clauses.

Step 1 - Start the termination process

You'll find the Terminate button on the right upper side of any contract. Just bu clicking that button you'll activate the process.

Start the contract termination process | Mochadocs

Step 2 - Select the termination process

You now will have three option to terminate:

Terminate immediately
Terminate on a selected day
Terminate athe contract end date

Three options to start the contract termination process | Mochadocs

Step 3A - Terminate the contract on a certain date

Select the date and terminate the contract. Do not forget the interaction wioth the contract parties and follow the contractual process to terminate the contract to its stakeholders.

Select the contract termination date | Mochadocs

Step 3B - Terminate today (immediately)

Terminate the contract immediately. Do not forget the interaction with the contract parties and follow the contractual process to terminate the contract to its stakeholders.

The contract overview including the termination information.

Review the terminated contract informattion | Mochadocs

Step 3C - Terminate contract on the end date

Select the Contract end date and the contract will be terminated (in Mochadocs) on its end date. Do not forget the interaction wioth the contract parties and follow the contractual process to terminate the contract to its stakeholders.

Terminate the contract on its end date | Mochadocs

Contract overview including terminated contracts

Contract overview included terminated contracts | Mochadocs

And you're done!

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Contract Management has never been so easy; ensure insight and overview.

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How to terminate the contract in Mochadocs?