Exploring Workplace Lease Administration

  • Release version: Yokohama
  • Updated January 30, 2025
  • 1 minute to read
  • The ServiceNow® Workplace Lease Administration enables you to create, manage and track workplace contracts from a single interface. You can also add workplace contract services, assets, locations, documents and track important dates.

    Key features

    Workplace Lease Administration provides the following features:
    • Single interface to create and manage workplace contracts.
    • Include terms and conditions in a contract.
    • Attach documents to a contract record.
    • Associate assets with a contract.
    • Receive notifications regarding the expiry of the contracts.

    Benefits

    The benefits of this application include:
    • Manage and track workplace contracts from a single interface.
    • Manage contract services and related costs that are part of the workplace contract.
    • Maintain various versions of documents efficiently by adding it to the workplace contract.
    • Use the notifications received to manage the renewal and payments of the workplace contracts in a timely way.
    • View the approval and contract history.

    Workplace contract details

    Using Workplace Lease Administration you can create workplace contracts with the following details:
    • Workplace contract- Basic details for a workplace contract.
    • Financial- Financial details, for example, a payment schedule, payment amount, and various costs.
    • Renewal - Automatic renewal of a contract.
    • Terms and Condition- Legal terms and conditions for a workplace contract.
    • Associated contract items:
      • Workplace Service Contracts- Common contract services and their costs covered as part of the workplace contract.
      • Contract locations- Locations covered as part of the workplace contract.
      • Assets covered- Assets covered as part of the workplace contract.
      • Documents- Contract-related documents.

    Workplace contract notifications

    You will receive notifications on a weekly basic with the list of contracts that are near to their expiration date. For information about how to renew contracts, see Renew workplace contract in Core UI.