Contract Performance Management

Ensure Contractual Goals Are Fulfilled

Sirion brings transparency and control to every agreement – linking obligations and SLAs to performance and billing, so you avoid value leakage, meet compliance needs, and realize revenue faster.

Meet performance goals

Monitor fulfillment of obligations and SLAs across all parties involved – with insights that enhance operational performance and ensure nothing is missed, while realizing the full value of the contract.

  • Integrate ERP, P2P, S2P, and ITSM systems for a unified view of raw performance data from ServiceNow, Remedy among others.
  • Measure vendor performance by auto-computing service levels delivered.
  • Track and improve with service level RAG dashboard that flags deviations.

“The ability to manage all the contract obligations in one place and in an easy way, the flexibility of the tool is a big plus.”

Senior Service Delivery Manager

Fujitsu

Ensure compliance

Ensure contractual compliance with real-time obligation tracking, automated alerts, and clear visibility into what’s due, what’s done, and what’s at risk.

  • Track compliance in real time with a RAG dashboard that flags obligations at risk.
  • Stay ahead of deadlines through automated alerts for upcoming and overdue obligations
  • Calculate the financial impact of missing obligation and service level commitments.

“Me and my team know exactly what deliverables we have and when we need to deliver them. We have also improved our SLA review process as well as onboarded other processes like Risk Management and perception reviews.”

Service Delivery Director

Fujitsu

Make invoicing accurate

Ensure invoices align with contracted terms and actual performance – minimizing errors, accelerating payments, and ensuring financial outcomes reflect what was actually delivered.

  • Auto-validate invoices with four-way matching across contract terms, pricing, consumption, and performance.
  • Calculate credits and earnbacks based on complex pricing models like fixed fee, T&M, base units, and ARC/RRC.
  • Generate proforma invoices automatically to speed up approvals and payment.

“Invoice deviations were shown accurately and could be resolved immediately with the concerned providers based on the single source of truth approach.”

Executive Board Member

Navisco AG

“As part of our contract digitization program, we didn’t want to stop at just putting our contracts in the cloud. We wanted complete visibility and control over the deliverables and obligations in our contracts. We found the perfect answer in Sirion.”

Sabih Rozales, Principal Commercial Contract Manager

“All our contracts are established and maintained in Sirion, a fit-for-purpose CLM solution. Today, we manage all our regulatory requirements, adapt smartly to banking changes and leverage rich insights for real-time reporting, through Sirion.”

Edzard Janssen, Chief Procurement Officer

“Some of the biggest highlights of working with Sirion for me have been watching how the technology has changed over time. And how it gets better and better every single time new functionality is released.”

Jaclyn Schuler, Director of Contract Lifecycle Management

“Sirion’s industry-leading AI technology offers significant advances giving instant access to critical data, automating non-value-added tasks, and driving behaviors that result in better contracting outcomes with third-party relationships.”

Toby Yu, Contract Management Services Leader

8-12%

Lower spend leakage

60%

Lower cost of contract governance

99%

On-time obligation compliance

Experience a 60% faster contract review cycle