Obligation Management

Align performance to what’s promised in the contract.

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Transform how you monitor and manage contractual obligations, measure compliance till fulfilment, and analyze performance to maximize value realization for your business.

Improve Business Performance

by ensuring that obligations are met on time, every time.

Enhance Efficiency

by automating how you capture and track contractual obligations.

Reduce Risk Exposure

by preempting issues through automated alerts for dependent obligations, triggers, and more.

Feature Highlights for Contractual Obligation Management

Sirion Advantage

Enable In-Depth Governance

Visually monitor performance against contracted milestones, deliverables, and policy and regulatory requirements.
Automate obligation schedules, whether one-time, recurring or triggered.
Ensure that the financial impact of contractual obligations, including payments and penalties, flow directly to the appropriate invoice line item.

Sirion Advantage

Ensure Proactive Service Level Management

Track performance against contractually obligated outcomes in real-time.
Enable auto-validation of service levels against raw performance data, which can be ingested through out-of-the-box integrations with third-party enterprise systems such as ERP, CRM, proprietary platforms, and file servers.
Automatically compute service level credits/earnbacks through performance-contract reconciliation.

Sirion Advantage

Capture and Leverage Intelligence

Set up automatic alerts and reminders to help business users stay on top of upcoming or overdue tasks and contractual obligations.
Gain insights into bottlenecks; aging and cycle times; and generate reports on rejected and overdue obligations.
Leverage captured obligation compliance data to gain an edge in future negotiations.

With Sirion's innovative platform, companies can enjoy far better visibility into contracts and greater control over fulfillment of performance obligations.