<?xml version="1.0" encoding="UTF-8"?><oembed><type>video</type><version>1.0</version><html>&lt;iframe src=&quot;https://www.loom.com/embed/97a34cd3a85b44108aa32c38a9cd20f4&quot; frameborder=&quot;0&quot; width=&quot;1920&quot; height=&quot;1440&quot; webkitallowfullscreen mozallowfullscreen allowfullscreen&gt;&lt;/iframe&gt;</html><height>1440</height><width>1920</width><provider_name>Loom</provider_name><provider_url>https://www.loom.com</provider_url><thumbnail_height>1440</thumbnail_height><thumbnail_width>1920</thumbnail_width><thumbnail_url>https://cdn.loom.com/sessions/thumbnails/97a34cd3a85b44108aa32c38a9cd20f4-2526bdd6436f7681.gif</thumbnail_url><duration>406.56</duration><title>Renewal Functionality in Prism Contracts 🔄</title><description>In this video, I walk you through the renewal functionality within Prism for managing contracts. As contracts expire, you have the option to renew with the existing vendor or go to market, and I demonstrate how to filter for contracts due for renewal or expired ones. I explain the renewal process, including how to clone the existing contract while updating necessary fields like start and end dates, and the importance of uploading a new signed version. Additionally, I cover how to link a newly created contract to an existing one as a renewal if the initial process wasn&apos;t followed. Please ensure you familiarize yourself with these steps to streamline our contract management.</description></oembed>