Our Services
Obligation Tracking
Obligation management is not a new terminology for contract managers and their publics, in fact it is one of the most important aspect of contract management, not at the time of execution but throughout the contract lifecycle. A thorough understanding of these obligations can help companies manage their clients and vendors and associated risks effectively. “Obligation tracking” starts with extraction and categorization of the obligations for each party. These are normally “sprinkled” throughout the contract. They can be categorized into triggered, time-bound and other parameters. Once extracted and categorized, the client has the ability to manage them effectively, typically in a CLM system which can house and report on this extracted data.
Brightleaf offers customized obligation tracking service to help and meet focused needs of its clients. With the support of our automation engine and a team of experts, Brightleaf reviews, categorize and interpret the obligations and rights stated in the contracts to assist its clients, meet their business and regulatory goals more proficiently.
120+
Clients Served
100%
Customer Satisfaction
1M+
Documents Extracted