When you click Functions, Update Agreement, the program updates the relevant exchange agreements that you set up in BizTalk Server. This means that the program only updates agreements with this specific BizTalk partner. If the program has updated the agreements successfully, you will receive a message that the BizTalk partner agreement has been updated.
Before you can update the agreements, you will have to create both your own organization and your partner's organization on BizTalk Server.
Furthermore, you must carry out additional setup steps on BizTalk Server. For further details, see the Microsoft BizTalk Server documentation.