Proxima360 Interview Questions and Answers

Contract lifecycle management involves managing contracts from creation to execution to renewal or termination.

• Involves managing contracts from creation to execution to renewal or termination

• Includes drafting, negotiation, approval, and monitoring of contracts

• Ensures compliance with terms and conditions, tracking key dates and milestones

• Utilizes software solutions for efficient contract management

• Improves visibility, reduces risks, and enhances collaboration in contract proce...read more

Mutating triggers and cursors are database concepts used in procedures to perform specific actions.

• Mutating triggers are triggers in Oracle databases that are fired when a row is updated, causing the trigger to see the data as both the original and updated values.

• Cursors are database objects used to retrieve and manipulate data in a set row by row.

• Procedures are stored blocks of code that can be executed on demand in a database management system.

Contracting and esignature involve legally binding agreements and electronic signatures.

• Contracting refers to the process of creating and agreeing upon a legally binding agreement between two or more parties.

• Esignature, or electronic signature, is a digital form of signature that can be used to sign documents electronically.

• Esignature technology allows for the signing of contracts and other documents online, making the process more efficient and convenient.

• Esignature solution...read more

UAT stands for User Acceptance Testing, where end users validate the system meets their requirements. Change request is a formal proposal to alter a system.

• UAT is the final phase of testing before the system is released to end users

• End users are responsible for executing test cases and providing feedback during UAT

• Change request is a formal document submitted to request changes to a system

• Change requests can include modifications to functionality, design, or performance

• Both U...read more

Icertis is a leading provider of contract lifecycle management (CLM) software solutions.

• Icertis offers a cloud-based platform for managing contracts and related processes.

• Their software helps organizations streamline contract management, improve compliance, and reduce risk.

• Icertis has a global customer base across various industries, including healthcare, manufacturing, and technology.

• The company was founded in 2009 and is headquartered in Bellevue, Washington.