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This document discusses new features in Oracle E-Business Suite Release 12 for managing the lifecycle of service contracts, including renewal negotiation. Key features include a renewal negotiation workflow with 5 stages, an administrator workbench for monitoring contracts, enhanced communication templates, flexible approval rules, and improved auto-reminder processes for both manual and online renewals. Implementing these new features can help streamline the contract renewal process and provide greater visibility, resulting in higher profits.





















































