Glossary
- Admin
- A user with the Admin profile. Admins hold every permission and manage Settings.
- AI credit
- The unit AI actions are counted in: a risk review, a question, an AI draft, a negotiation suggestion.
- Approval workflow
- The chain of approval levels a contract follows when submitted. See Workflows.
- ARR
- Annual recurring revenue recorded on a contract's Commercial tab.
- Clause library
- Your pre-approved contract wording. See Clauses.
- Counterparty
- The external organisation you are contracting with.
- Custom field
- An extra detail your workspace records on contracts. See Custom fields.
- Editing lock
- Only one person edits a contract at a time; selecting Edit takes the lock and Save & close releases it.
- Notice deadline
- The last day to tell the other party you won't renew. Calculated from the expiry date and notice period.
- Obligation
- A commitment a party must meet under a signed contract.
- Owner
- The person responsible for a contract. Usually its creator; can be transferred.
- Playbook
- Your standard negotiating positions per clause category. See Negotiation playbook.
- Round
- One exchange in a negotiation: the other party's submission and your response.
- Signed outside Opando
- A contract signed on paper or in another tool, added by uploading or recording its signed copy.
- Signing portal
- The secure page where external signers review and sign. See Signing guide.
- SLA
- The time an approver has for a workflow step before it is overdue.
- TCV
- Total contract value.
- Variable
- A value used throughout a document, such as
{{counterparty_name}}.
- Void
- Stopping a signing round. Signatures already given are kept for the record but no longer count.