Enhance profitability, transparency, and reduce risk in large enterprise accounts through revenue assurance automation and advanced analytics

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Contract Authoring

Streamline contract creation and significantly reduce time and effort in the drafting, negotiation, and approval of contracts
  • Quickly generate first drafts by employing enterprise template and clause libraries, while ensuring consistency in language and formatting
  • Negotiate contracts through Sirion’s MS Word plugin with on-the-go contract redlining and comparison
  • Automate internal and external approvals through Sirion’s configurable workflow engine
  • Digitally sign contracts through e-signature applications

Contract Management

Guarantee success of strategic revenue assurance initiatives through granular management of contracts and delivery against contractual obligations
  • Easily locate your contracts within a hierarchical, full-text searchable and access-controlled repository
  • Use machine extraction to capture all contract obligations, whether one-time or ongoing, as structured data with real-time links to underlying contract documents
  • Capture correlations and automatically update all dependent obligations when a linked obligation changes
  • View all document changes overlaid on contract pages, whether originating from contract changes, interpretations, work orders or new statements of work
  • Automate alerts and reminders for expiring contracts and employ configurable workflows to manage renewals
  • Ensure that approved interpretations are assimilated into the contract, automatically cascading downstream changes to workflows and reports

Performance Management

Track ‘what actually happened’ at a granular level with auto-reconciliation of performance data against contractual obligations and service levels
  • Automate obligation tracking by mapping responsibilities to relevant stakeholders and tracking pending items through system alerts, scheduled reports and to-do lists
  • Leverage algorithms at each service level in order to facilitate real-time analysis of performance based on underlying backup data
  • Pre-empt non-compliance with integration into your existing service delivery management and project management systems
  • Use configurable workflows to manage the entire statement of work and work order lifecycles through creation, signature, performance and invoicing
  • Automate credit/earnback management by capturing underlying formulae and performing dynamic reconciliation with live usage data

Financial Management

Reduce revenue leakage and invoice disputes through accurate invoicing of contracted as well as ad-hoc deliverables and compress payment cycles
  • Capture simple and complex contractual charges, including base charges, volume rates, discounts, ARC / RRC rates, credits, time and material rate cards, milestone payments and more
  • Automatically reconcile invoice data against raw performance data and underlying contract obligations to generate a comprehensive and detailed invoice
  • Ensure adjustments are calculated accurately and flow through to invoicing
  • Reduce invoice disputes and track and resolve open issues in a fair, transparent manner

Collaboration

Proactively drive collaboration and alignment with clients and objectively manage and measure relationships, rather than relying on subjective perceptions.
  • Common platform for suppliers and clients to manage and analyze key account governance activities such as meetings, action items, issues, and claims/disputes
  • Creation and ongoing maintenance of a revenue assurance process health scorecard to monitor effectiveness of all processes
  • End-to-end management of revenue assurance issues including capture, classification & assignment, tracking and reporting until closure

Advanced Analytics

Sirion’s BI-powered analytics module offers comprehensive functionality – from data preparation to discovery of insights – enabling faster and effective decision-making at both operational and strategic levels.
  • Real-time insights into engagement performance through an extensive collection of standard and custom dashboards and reports
  • Integrated view of engagement data through integrations with other enterprise systems
  • Rich functionality including visualizations, auto narration of insights, personalization, click-through charts, etc.

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