Telus TPM Documentation
Setting up a new Contract:
Click Create on the Contract menu.
If a single (default) template is defined, the user will be automatically directed to the Contract Create screen.
If multiple templates are available, the Contract Template Selection popup will appear. The user should select a template from the dropdown menu and click “Select” to proceed to the Contract Create screen.
Contract Create
The Contract Header is organized into four sections: Family Info, Date Info, Version Info, and Termination Info.
In addition, several tabs are available: Products, Lumpsum, Growth, Distributors, Exclusions, Backouts, Client Defined Fields, History, Notes & Attachments, Letters, Contact, Exposure, and Claims. (Note: Not all tabs will be enabled during the contract creation process.)
Below are the details for each section.
Contract Header Information
When creating a contract, users need to enter data in three sections:
Family Info: This section applies to all renewals and amendments of the contract. It also includes settings for accrual reporting.
Date Info (R): This section pertains only to the contract's start and end dates.
Version Info (A): This section contains all information related to the amended versions.
Additionally, note that there is both a contract family TITLE and a contract version NAME. The Contract Title remains the same across all versions of the contract, while each amended version can have its own unique contract name.
Family Info
The information displayed here applies to all renewal and amend versions of the contract.
Contract Title: Enter in a Title for this contract.
Contractee: To select a Contractee, click the search button to open the Company Search.
Select a Company or Company Grouping by clicking the company row in the grid. This list displays all the active companies set up by the Admin person. The top row is a filter. Select the contractee and click the Select button.
Once a contractee is selected, the Contractee Company Type and Contractee Type fields will automatically populate. The Contractee Company Type will indicate whether the contractee is a Distributor, Operator, Broker, etc. The Contractee Type will show “Company Grouping” if the contractee is part of a group, or “Company” if it is not.
If the company cannot be found in the Company Search, you can request a new operator by clicking the + button, provided this option is enabled in the client settings. Note that most manufacturers do not allow this option in TPM according to client settings.
This action will open the Operator Request popup. Fill in all required fields and click Save. The new company will then be automatically selected as the contractee for the contract being created.
To view the contractee's address information, click the Info icon.
This will open the Company Info popup, displaying the Standard Fields, Alternate Address, Client Defined Fields, and Hierarchy (if an aggregate grouping is defined) for that company. If you select a company group as your contractee, no information will be displayed when clicking this button.
If there is an aggregate company grouping, the Hierarchy tab will be enabled and display a count of records.
There is an option to see Other Contract Exposure when creating a contract. After selecting a Contractee and entering Start and End dates, click the icon.
This will display the products being claimed on other contracts with that contractee for that timeframe.
The Other Contract(s) Direct Rate is a sum of the rate for all contracts with the selected contractee.
Select a Contract Type by choosing a value in the dropdown. The values displayed here will depend on what is set up for the manufacturer.
If the selected Contract Type is Autopay, the Payment Calendar will be enabled, displaying a list of payment frequencies set up by the manufacturer. This field is required.
Standard: Set up contracts with any company type, expecting the company to send a claim/billback for payment.
Autopay: Set up contracts with Direct Customers or Brokers, expecting no claims/billbacks to request payment. Instead, the TELUS TPM system will generate a claim each period using distributor sales and the contract to determine the amount owed and make a payment.
Off Invoice: Set up contracts with Direct Customers, expecting no claims/billbacks to request payment. Instead, the GoSimple system will generate a claim each period using distributor sales and the contract to determine what was purchased. No payment is made; it is solely for reporting. Additionally, TELUS TPM sends approved Off Invoice contracts to the manufacturer so they can load them into their ERP and provide the distributor with reduced pricing directly on their invoice.
Growth Standard: Contracts can be set up with Growth pricing. Claims can be manually entered on Growth Standard contracts. To generate growth rates, a baseline of complete claim data is required. Growth claims cannot be completed until the contract's end date has passed.
Growth Autopay: Contracts can be set up with Growth pricing. Claims can be created on Growth Autopay contracts after the contract expiration date. A Payment Calendar (set up in Client Settings) with a date after the contract period's end is required for the contract to calculate a potential payment.
Street Coupon: Contracts used for unit-level deals payable to street-level customers. Contact your Account Manager to set up contracts of this type, as additional setup steps are needed to process this program.
Select a Cost Basis Type by choosing a value in the dropdown. The values displayed here will depend on what is set up for the manufacturer.
Delivered: Manufacturer will deliver products to distributor location(s). This typically results in the manufacturer charging a freight component to cover the cost. You will use this option when the pricing on the contract is the full cost including freight to deliver the product to your customer.
FOB: Freight On Board - Distributor will pick up the product from the manufacturer. This results in a lower end price due to no Freight being added on. This one should be used when your customer picks up the product from the manufacturer and there is no freight or the deal you made with them should not include freight.
Accrual information - go to the Accrual process section of Help
Date Info
Enter the Start Date and End Date for the contract in the Date Info section. Dates can by entered by typing in the date or by making a selection in the calendar.
If the contract is created using a template with a specified Date Range, the contract dates must fall within the start and end dates defined by the template. If the dates are outside this range, an error will be returned upon saving, notifying the user of the correct date range.
If the contract is created using a template with an Explicit timeframe, the start and end dates will be pre-filled and non-editable during contract creation.
Version Info
When creating a new contract, you don't need to enter text into both the Contract Title and Contract Name fields unless you want them to be different. If they should differ, simply enter the desired text in both fields and click Save. If the title and name should be the same, just enter the text into the Contract Title field. Upon saving, the text from the Contract Title field will automatically populate the Contract Name field. Note that this functionality applies only during contract creation, not when editing.
The Contract ID and Contract State will be populated once the contract is saved.
Actions
This section contains any Actions that can be performed on the Contract.
Contract Tabs Defined:
1. Products: Enter the SKU's/Product IDs on the contract
2. Lumpsum: Enter the event based dollars on this tab or any deals where you do not wany sku information captured when the claim comes in.
3. Distributors: f there are deviated rebates (blue columns on the product tab) this tab is where you would choose the eligible distributors for that contract.
4. Exclusions: Autopay contracts only! Use this tab to backout some of all of the contractated business for specific companies.
5. Backouts: Autopay contracts only! Use this tab to specify a company/product you want to backout of the payout based off the percentage setup.
6. Client Defined Fields: These are custom by manufacturer, these can be any type of field the manufacturer wants captured on each contract.
7. History: This area will show you all updates made to the contract.
8. Notes & Attachments: This section is used to add original copies of contracts used for the customer or any notes between the contract creator and approver that are created.
9. Letters: These are the letters available for the type of contract you setup. This will vary my manufacturer. This tab is enabled after the contract is saved.
10: Contact: Here you can track who you spoke to about the deal you made. This will make it easier when it is time to renew with that customer. The email, name and phone number are fields on this tab. This information is optional.
11. Exposure: The probably exposure, actuals and stacked reporting information
12. Claims: All claims created using this contract will display on this tab.
Products
The Products and Product Groupings are displayed on the right side of the grid, showing the products and groupings set up by the manufacturer.
To add a product or product grouping, simply left-click on the item and drag it to the left. To add multiple products at once, use the Ctrl or Shift keys, similar to how you would in Excel or Word.
To view the products within a product grouping, hover the cursor over the product grouping.
Product Pricing - Fixed Rate vs. Fixed Price
Fixed Rate - A specific rate can be set per unit of measure (UOM), independent of the product's cost. When a fixed rate is applied, the price the customer pays for the product is irrelevant. For example, if the contract specifies a fixed rate of $1.50 per case, the customer will always be paid $1.50 per case, regardless of the product's purchase price.
Fixed Price - A contract set up with a fixed price specifies a particular price for a given product or product grouping. Sales data is then compared to this fixed price to determine the rebate per case. This rebate will vary based on the price paid. For example, if a contract specifies a fixed price of $22.00 per case and the actual product price is $25.00 per case, the rebate allowed will be $3.00 per case.
Show Purchases
If the contractee is a Direct Customer, you have the option to add products using the Show Purchases feature. Ensure that the contract's start and end dates are populated before using this feature.
For Direct Customer contracts, click the Show Purchases button to add products to the contract and set the actual purchase quantity as the estimated quantity. A contractee, along with the contract's start and end dates, must be entered before opening the Show Purchases window.
A Show Purchases window will open. Enter in From and To dates. This can be any date range that we have sales data for. Then click the Load button. This will display a grid with the products, purchase quantity and UOM based on the time frame entered.
To add products to the contract, check the box next to each desired product row. You also have the options to Select All, Select None, Select Invert, or Select On Contract. Clicking the Select On Contract button will select all rows for products currently listed on the Product tab of the contract. This is useful for updating the estimated quantity values on a contract with actual sales data without inadvertently adding extra products. Once the products are selected, click the Add Selected to Contract button.
This action will close the window, and the selected products will be displayed on the contract. A message will appear, indicating the number of items added and/or updated. The new and modified rows will be highlighted with their checkboxes selected. Verify and add pricing for these rows.
How the estimated volume is calculated:
The estimated quantity of a product on the contract is calculated as follows: The purchase quantity displayed in the Show Purchases window is divided by the number of days in the specified date range to generate a daily purchase quantity. This daily quantity is then multiplied by the number of days the contract covers and rounded to a whole number.
For example, if a product has a purchase quantity of 810 for an entire year, the daily quantity would be 2.219. If this product is added to a contract for the period 01/01/2018 - 01/31/2018, the estimated quantity on the contract would be 2.219 multiplied by 31, resulting in an estimated quantity of 69.
If the contract is being edited, amended, or renewed, and the selected product already exists on the contract, you will have the option to either update the estimated quantity with the purchase quantity or leave it unchanged. If you choose to update, only the estimated quantity will be modified, while the existing pricing will remain intact.
UOM Difference: If the product already exists on the contract with a unit of measure (UOM) in pounds, but the purchases display a value in cases, the estimated quantity on the contract will convert the quantity from cases to pounds when the product is added via Show Purchases.
Note: A specific product or product grouping can only be added to a contract once.
Product Grid Options
Hide/Show Products
To Hide/Show the Products section, click the Hide Products/Show Products button at the bottom left of the screen.
Select Product Rows
The product rows can be selected by checking the individual boxes, or they can be selected by clicking Select All, Select None or Select Inverted. The Select Inverted button will check any un-checked rows and un-check any checked rows.
Mass Update
Click Mass Update to update multiple rows at once. First, select the products by checking the box at the beginning of the product rows. Then click the Mass Update button.
The Mass Update popup will display. First check a box to enable the field, then select/enter the values. Click Apply to update the selected products.
The Estimated Quantity can be updated based on a percent of Actual Data or Base Data. In order to update based on Actual data, the contract must be a renewal. To update using base data, click the estimated quantity checkbox and select Base data. The volume will be increased by the value entered, so in the below example the base volume will be increased by 50%.
Note that depending on the Claimant Type, not all fields may be available.
Delete Product
To Delete a product, check the box at the beginning of the product row then click the Delete button on the bottom left of the screen. .
Hidden Columns in the Product Grid
The Allow Inactive Product, Won, Competitive Info, Base Quantity and Objective Quantity columns are hidden by default. To view these columns in the grid, click on the cog (this displays when the focus is in the grid) at the end of the grid and choose column settings. Select the column to add by clicking the check box next to the column name.
Column Descriptions:
1. Item Identifier: Product SKU number
2. Item Name: Description of the product
3. Item Type: Either Product or Product Grouping.
4. Unit of Measure: This will vary by manufacturer based off the UOM options setup. The pricing you add to the contract will be based off the UOM chosen here.
5. Item Price: The product default price, this is used for reference purposes only. This price does not reflect the price the customer on the contract pays.
6. Estimated Quantity: This is the estimated volume for the full time frame for that contract for that product or product grouping line. This is used many times for reporting so please be as accurate as you can be.
7. Lift Quantity: This editable field allows the user to enter the expected incremental volume for the product line.
8. Base Quantity: Non-editable field that is populated after Save that comes from a data feed and represents what will be sold to a customer without any promotions/rebates.
9. Rebate Direct Value Type: Blue column - Direct columns are filled out when the deal is for the contractee you chose, they will be the one(s) getting the deal. These deals are based off what the contractee bought directly from the manufacturer. When using this option if the contractee is a distributor then it does not matter who they sold the product to. Examples: Earned Income deals. Options are - Numeric or Percent.
10. Rebate Direct Value: Blue column - This field is for the dollar amount (if the direct value type is Numeric) or percent number (if direct value type is Percent)
11. Rebate Direct type: Blue column - Options are Fixed Rate or Fixed Price. Fixed rate is a set rate paid on the contract no matter what price the customer paid for that product. Fixed price is a guaranteed price for that customer so the rate allowed will changed based on the sales price. Example: Fixed price at $10 The direct customer pays $12 the first week and $15 the third week. They will get $2 per UOM for the first week and $5 per UOM for the third week.
12. Rebate Deviated Value Type: Pink column - Deviated columns are filled out when the deal is for the distributors listed on the distributor tab. The deals are based on deals made to the distributors for what they sold to the contractee. Different than direct deals, who the product was sold to matters in this deal. Customers are not paid on all purchases, just ones sold to the contractee. Options are - Numeric or Percent.
13. Rebate Deviated Value: Pink column This field is for the dollar amount (if the direct value type is Numeric) or percent number (if direct value type is Percent)
14. Rebate Deviated Type: Pink column Options are Fixed Rate or Fixed Price. Fixed rate is a set rate paid on the contract no matter what price the customer paid for that product. Fixed price is a guaranteed price for that customer so the rate allowed will changed based on the sales price. Example: Fixed price at $10 The direct customer pays $12 the first week and $15 the third week. They will get $2 per UOM for the first week and $5 per UOM for the third week.
15. Allow Inactive Product: When creating a Contract with a Product Grouping, the creator has the option to Allow Inactive Products or not. When the box is checked, any Inactive Product within that Product Grouping is an eligible Product on the Contract.
16. Won: Checkbox indicates which products were Won (checked) and which were lost (un-checked) on the bid. Users who have access to the Contract and Edit rights can check/un-check this box in both View and Edit mode. Probable Exposure calculations include only products which were Won.
17. Competitive Info: Use this section to enter in Competitive Info for the Product row to track which manufacturer won the bid. Users who have access to the Contract and Edit rights can add this information in View or Edit mode.
If the contract type is Growth you will see a few different columns:
1. Rebate Growth Value Type: Options are - Numeric or Percent.
2. Rebate Growth Type: Options are Fixed Rate or Fixed Price.
3. Growth Button: Use this feature to set up tiered growth programs. Please go to the help section for Growth Programs Explained to get more details on this.
Forecast Information
For clients who send Forecast information and have the client setting checked, additional columns will be available in the Contract Product grid.
The Forecast Quantity is based on the Contractee, Contract Start and End Dates and Products selected from the Forecast file. The contract must be Saved in order for the Forecast Quantity to display/update.
The forecast quantity is calculated for the contract time frame by taking the product for the contractee, calculating a daily quantity, then multiplying that by the count of days in the contract. For example, if the forecast quantity for product 12345 is 50 for a time frame of 01/01/2018-02/28/2018, the quantity is 0.84 per day. If the contract time frame is 01/01/2018-01/31/2018 that is 0.84 X 31 = 26.27.
The quantity displayed is based on UOM and will be converted if the contract UOM is different than the forecast quantity UOM.
For product groupings, the forecast quantity that displays is a sum of the forecast quantity for all products in the grouping. If there is a product grouping AND there are products from that grouping on the contract, the forecast quantity for the product grouping will EXCLUDE the quantity for the products that are on the contract as to not double-count the forecast quantity.
If the Contractee is a Company Grouping, the value displayed will be a sum of the forecast quantity for all companies within the grouping.
The Uptick column displays a difference between the Estimated Quantity and Forecast Quantity.
To update the Estimated Quantity to be equal to or an increase of the Forecast Quantity, select the product rows to update and click Mass Update.
Check the Estimated Quantity box to enable the row, then select a Modification Type of Forecast Data. Enter a percent value to modify (increase) the percent by or use 0.00% to set the estimated value equal to the forecast quantity. Click Apply to update the rows.
Important Note: If any of the following fields are changed, the contract will need to be saved in order to show the updated Forecast Quantity: Contractee, Start Date, End Date, Product added/removed, Product Grouping added/removed, or UOM change.
Product Grouping Pricing Options
If a Product Grouping is added to the contract, but there is also a specific product from that group or a subgroup that requires different pricing, you should add both to the contract. The pricing set at the lowest level will always take precedence. Adding any level lower than the Product Grouping with a $0 Fixed Rate will generate a pending/reject reason of “Explicit Contract Rate Zero” for that specific SKU or the members of the subgroup, while allowing all other products in the parent grouping to be paid.
To ensure correct pricing for product groupings, the product hierarchy must be accurate. You can view the members of a product group by hovering your mouse over the product group name, which will display a pop-up list of the products in the group. If no pop-up appears, the product grouping is empty, and the pricing on the contract will not be applied to any products.
Competitive Info
Add data to the Competitive Info section to track data for the manufacturer who won the bid.
Don't forget to click Save!
LumpSum Tab
Sometimes you may want to allocate funds to a contractee that are not tied to specific SKUs. The LumpSum Tab is where you can include these non-SKU-based deals.
On the right-hand side, you will see all the eligible lump sums set up by your Admin. Simply left-click on a lump sum and drag it to the left-hand side, then fill in the description and amount. You can set up as many of these as needed. As you add more lump sums, the Probable Exposure of the contract will increase.
Note: Lump sums can be added multiple times to a contract. For example, you could add “Foodshows” five times. If the same lump sum is added multiple times, each instance must have a unique, hand-typed description.
Lumpsum Allocations
Lumpsums on a Contract can be set up to allocate percentages to products. If your General Ledger needs all spend allocated down to the product level, you now have the capability to take lumpsum spend and allocate to the product level. This feature is controlled by a client setting and the associated columns display only when the setting is enabled.
Add the lumpsum events. If this featured is enabled, the Product Allocation columns will display at the end of the grid.
To define the allocations, click open. The Lumpsum Product Allocation window will display. Click on the Add Products Button at the bottom of the screen.
Choose the products to allocate then click the select button to bring them over. Enter in the percentage per product.
The Contract Products tab displays products on the current contract. The All Products tab displays all products as defined on the template the contract is created on.
The total allocation must equal 100% in order to save, and no products can be set with a 0% allocation. To allocate the percentages evenly between the products, click the Allocate Evenly button. You can setup a maximum of 100 products to allocate to, and the minimum percentage per product is 1%.
Click OK to save the data.
To delete an allocation, click to highlight the row within the lumpsum product allocation window and then click the Delete Selected button.
Distributors Tab
If you set up a contract where a deviated fixed rate or price is involved, this is where you select the eligible distributors. That way when billbacks come in, you'll know if they are truly eligible distributors asking for rebates or not.
On the right hand side you'll see all the distributors your Admin Person set up. The distributor's City and State information is also displayed. There are two tabs: Distributors and Distributor Groupings. Distributors will show all the location level opco's available and the Distributor Groupings show the Corporate distributors eligible. For example, if your Admin person set up the 70ish Sysco opco's and then grouped them all under the Sysco Corporation group, you could choose the Sysco Corp group and all 70 opco's would be eligible on this contract.
Exclusions Tab
Exclusions are for companies ON THE CONTRACT that get a reduced or no rate on certain products on the contract. Example: A buying group contract where the group has “tiers” of membership…certain distributors only get half of the listed contracted rate on some products, or due to separate deals they have with the manufacturer, the group doesn’t get paid at all on those products.
To add an Exclusion, select a company, company-product or company-product grouping from the company and product lists on the right and drag it onto the grid. To add just a company, search for the company by using the filters at the top of the grid, select the row and drag it onto the grid. To add a company-product or company-product grouping, select the company and product/product grouping by highlighting the rows and click the company and drag that over to the grid.
The result will be the company and product information displaying in the grid with the option to enter percents for each row.
Reduction Percent
The value entered as the reduction percent will reduce the pricing by the percent entered. For example using the screenshot above, if a product is priced at 4% on the contract but Ben E Keith Fort Worth should be paid 3% then we need to REDUCE the value by 25%.
Backout Tab
Backouts are for companies which are the contractees of OTHER CONTRACTS, where the volume billed back on claims for those contracts by distributors on THIS CONTRACT should reduce earnings against sales data by that amount (or a reduced rate). Example: Set up a backout on the USF Corp contract for cheese for Outback Corp. Any volume of cheese claimed on an Outback billback by any USF distributor eligible under the USF Corp contract during the USF Corp’s contract period will be “backed out” of earnings.
To add a Backout, select a company, company-product or company-product grouping from the company and product lists on the right and drag it onto the grid. To add just a company, search for the company by using the filters at the top of the grid, select the row and drag it onto the grid. To add a company-product or company-product grouping, select the company and product/product grouping by highlighting the rows and click the company and drag that over to the grid.
The result will be the company and product information displaying in the grid with the option to enter percents for each row.
Reduction Percent
The value entered as the reduction percent will reduce the pricing by the percent entered. For example using the screenshot above, if a product is priced at 4% on the contract but Ben E Keith Fort Worth should be paid 3% then we need to REDUCE the value by 25%.
Client Defined Fields Tab
If your company has extra information it wants to track on each contract, your Admin person would set up various User Defined Fields like you see above. If they have a red asterisk that means it's required for you to enter something, otherwise it's optional. Note: These are custom by client and can be setup as required or not required.
History Tab
This area tracks all the changes that happened to the contract. As the contract gets submitted, approved or rejected, amended, renewed, etc. this area will show you the who, what, and when that's happening.
Notes & Attachments Tab
Notes and attachments entered on one version of a contract will carry over and display on all versions of that contract. The Identifier column will show the contract version that the note and/or attachment was entered on.
Click the Add button located on the bottom left of the screen.
The Note Editor allows text to be entered and one to many attachments linked to that one note. Add a note, or copy and paste from another source. These notes can be formatted using any of the options displayed at the top of the note section. You can also email a user your note using the notify accounts option.
To add attachments there are a couple steps.
1. Click the Update Files button located in the Attachments section of the popup.
2. Find the file you want to upload and choose Open.
You can choose 1 to many attachments at one time.
You can also drag a document from your folder to this section to upload it. Add the file where it says draft files here.
3. If there are people who need to receive a Notification on the note entered, click the Notify Accounts button.
This will open a Select Accounts window. The top row is a filter option to search for users to notify. Select the users to notify by highlighting the user row. Multiple rows can be selected by using the shift or ctrl buttons.
The Notified Accounts will display at the top of the Note Editor.
Once the notes, attachments and users are added, click Save. The text will display in the Notes & Attachments grid as it was formatted in the Note Editor. The attachments column will display a count of attachments associated with the claim note.
To cancel the action, click the Close button.
Both the notes and attachment fields are optional. A note can be added without an attachment or an attachment can be added without a note.
Letters Tab
After the contract is approved, use the Contractee and Distributor Billback Letters to notify the companies of the pricing/rebates associated with the contract. There is a filter at the top of the grid as well as a sort option for all columns to assist in locating the company letters. The Distributor Billback Letters reflect Private Label Group logic. So if products are in a Private Label Group, they will display only on the letter for the Distributors in that group.
Click here for more information on how your letters are built.client_letter_admin
After the contract is Approved, click the Download button to view the letter. This will open a Letter Downloaded window. Select the letter to download from the dropdown.
If the Enable Additional Verbiage Prompt was enabled for the letter, additional sections may appear in the dropdown. Enter in additional text here, if needed, or just leave it blank. This is a letter setting so some manufacturers may not allow these boxes for additional verbiage.
The only available Export Type is PDF. Click the Generate Report button to generate the letter. The downloaded letter will appear as a hyperlink in the Generated Reports window. Click the hyperlink to open the letter.
To close the download window click the close button in the bottom right hand corner of the window.
Contact Tab
This displays the Name, Email and Phone Number for the Contact related to the Contract. The purpose of this tab is to keep track of who you communicated with on this deal so when the time comes to renew the contract you have all that information right here.
Exposure Tab
To Generate Exposure for a contract, click the Generate button located on the bottom right.
This will generate the exposure and stacked data and display the information on several tabs. If your contract has too many companies you will be requested to limit the data shown. You can choose which companies you want to show the data for in the company name pull down.
The Summary Tab will display the Exposure, Actuals and Remaining Amounts.
Please see the Probable Exposure Explained section of the Help Documents for detailed information on the Exposure tab.
Claims Tab
This area shows you all the claims that came in for this contract version. Click on the Claim hyperlink to view the claim details. To enter a New Claim, click the New button on the bottom left of the screen.
Saving your Contract
Remember to hit the Save button in the Actions box on the top right. This will save the contract in a Draft status. If you created the contract in error, you can discard the contract by selecting the Revert button.
Submitting your Contract
Click on the Submit button in the top right of the screen when the contract is ready to be Submitted. This will change the status from Draft To Submitted. Now it's in the Approval Process. A notification will display when Submit is clicked, and it will display the contracts current status.
