Contract Repository

Contract Repository

Hierarchical repository to enable contracts storage. Navigate contract document using contextual hyperlinks from extracted obligations.

Obligation Extraction

Obligation Extraction and Management

Extract obligations and use them as a foundational unit for measuring performance guarantees in a contract.

Service-Level Automation

Track and act on “what actually happened” with auto-reconciliation of performance data against contractual obligations.

Service level automation
Features Invoice Reconciliation

Automated Invoice Reconciliation

Automatically validate incoming invoices based on what was promised in the contract and reconcile invoice amount against performance metrics.

Relationship Management

Data-based Collaboration Management

Drive buyer-supplier collaboration and alignment and objectively manage and measure relationships rather than relying on subjective perceptions.

Integration

Integration with ITSM and Finance Systems

Integrate with IT service management and finance applications from vendors such as ServiceNow, Oracle, and SAP.

Contract Authoring

Contract Authoring

Streamline contract creation; automatically generate and execute new contracts at scale. Use the Microsoft Word plugin to collaborate and red-line documents.

Analytics

  • Sirion BI for real-time dashboards & reports
  • Advanced search
  • Powerful visualization and personalization functionality

Configurability

  • User access control
  • Workflow engine
  • Multi-currency management
  • Multiple language support
  • Configurability engine (admin)

Integration & Compatibility

  • e-Signature
  • ITSM, ERP, Procure-to-Pay, CRM, etc.
  • Single sign-on

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