Modify Deal Workspace - Product Advisory
April 2026
The Modify Deal workspace has been redesigned with a streamlined multi-step workflow. This advisory walks you through the new interface and explains how to complete deal modifications efficiently.
What's New
- 4-step guided workflow: Terms → Add Assets → Remove/Reduce Assets → Summary
- Step navigation: Jump between steps while preserving your data
- Progress indicators: See your current position and completion status
- Side-by-side comparison: View existing terms alongside renegotiated terms
- Bulk asset selection: Select multiple assets with real-time summary updates
- Before/after summary: Review all changes before submitting
Workflow Overview
The modification process is organized into four steps. You can navigate between steps using the Next and Back buttons or click directly on a step in the steps at the top of the screen.
| Step | Name | Purpose |
|---|---|---|
| 1 | Terms | Set modification date, update lease terms, configure payment calculations |
| 2 | Add Assets | Add new assets to the deal |
| 3 | Remove/Reduce Assets | Select assets to remove or reduce from the deal |
| 4 | Summary | Review all changes before submitting the modification |
Navigation Controls
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Next: Advances to the next step (validates current step first)
-
Back: Returns to the previous step (hidden on Step 1)
-
Steps: Click any step name to jump directly to that step
-
Record Modification: Replaces Next button on Step 4 to complete the modification
-
Cancel: Exit the workflow without saving changes
Note: Your data is preserved when navigating between steps. You can move back and forth without losing any information you've entered.
Step 1: Terms
The Terms tab displays existing terms (top) and renegotiated terms (bottom) for easy comparison of what's changing.
Setting the Date of Modification
The Date of Modification field is now located at the top of the Renegotiated Terms section for easier access and visibility. The system continues to validate the date for conflicts with End of Term events, relationship to commencement date, and other business rules.
Step 2: Add Assets
The Add Assets screen features an updated layout for improved readability.
Step 3: Remove/Reduce Assets (Optional)
The Remove/Reduce Assets screen includes visual enhancements for easier asset selection.
Step 4: Summary
The Summary screen features an updated card-based layout that organizes before and after details into structured sections.
The new design presents:
- Before Modification and After Modification cards with structured field labels and grid layout
- Warning and error messages displayed in prominent alert boxes for immediate visibility
- Improved spacing and organization for easier comparison of changes
Tips for Success
- Navigate freely between steps: Use the step names at the top to jump directly to any section. Your entered data is automatically saved as you move through the workflow.
- Address validation messages promptly: The system validates your entries at each step to ensure accuracy and prevent errors before submission.
- Verify changes in the Summary: Before completing the modification, carefully review the Summary step where all changes are highlighted for easy identification.
- Document your modifications: Add detailed comments explaining the reason for the modification to maintain a clear audit trail.