Frequently asked questions about SharePoint Agreements
What is SharePoint Agreements?
SharePoint Agreements is an end-to-end solution, powered by AI, to help streamline and simplify your agreements, such as nondisclosure agreements (NDAs) and statements of work (SOWs). From drafting to execution, the solution is ready to integrate seamlessly into your flow of work.
What are the use cases for SharePoint Agreements?
SharePoint Agreements can be used across your organization. For example, the procurement department can generate purchase agreements with suppliers, the sales department can handle NDAs with clients, and the human resources department can create offer letters for new employees. Use Agreements wherever you need templates to create agreements in your organization.
What is the licensing model for SharePoint Agreements?
The licensing model for SharePoint Agreements is still being finalized, but early access customers can get trial licenses for SharePoint Content Solution - Agreements Trial to use SharePoint Agreements. These trial licenses are valid for six months from the date of activation. Contact your Microsoft representative or submit your nomination here to obtain trial licenses: Sign up for limited GA. If your nomination is selected, a Microsoft representative will reach out to you within 14 business days.
How do I get started with SharePoint Agreements?
To get started with SharePoint Agreements, your administrators need to follow these steps:
The Global Administrator assigns the SharePoint Content Solution - Agreements Trial license to all users who will be using SharePoint Agreements. This license is necessary for using SharePoint Agreements. For trial licenses, contact your Microsoft representative or submit your nomination here: Sign up for limited GA.
The SharePoint Administrator creates a workspace to organize and manage templates and agreements. For example, a "Procurement" workspace could be established to store all procurement templates and agreements, whereas a "Human Resources" workspace could be set up for employment agreements.
The SharePoint Administrator designates a "workspace owner" for each workspace created in the previous step. The workspace owner has full access to the workspace.
The workspace owner can then use the Agreements app in Microsoft Teams to manage categories and templates, as well as add other users to manage templates and create agreements.
What are the categories and why do I need them?
Categories serve to organize agreements with similar purposes within the workspace. For example, a procurement workspace might include categories like purchase agreements and sales agreements, whereas a human resources workspace might feature categories such as full-time employment agreements and part-time employment agreements.