The below steps will help you to create new inherited process from a basic template

Step 1: Go to Organization Settings

Step 2: Click on Process

Step 3: Once you click on Process, all the processes would be displayed. Now select the 3 dots next to the process template as shown and then click on “Create inherited Process”

Step 4: In the next window, enter a name for the basic process and also description for the inherited process and then click on “Create Process”

Step 5: As soon as you click on “Create Process” the inherited process will be created from the basic process template