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Contract Lifecycle Management

Contract Lifecycle Management (CLM) tool is used to digitise manual contract management work. 12 key partners and their respective internal teams have been onboarded. The tool is expected to provide a single source of truth, greater transparency, and increased efficiency in our contract management activities. CLM Tool has been developed and implemented by SirionLabs.
Live Features of CLM Tool

  • Contract Repository
  • Obligations Compliance Management
  • Service Levels (KPIs) Management
  • Review Meeting Management
  • Actions, Issues and Disputes Management
  • Consumption Tracking
  • Performa Invoice Generation
  • Contract Variation Management

Key Benefits of CLM Tool

  • Contracts for 12 suppliers are digitized, documents are stored in a hierarchical, access-controlled, fully auditable repository with an integrated document viewer. Moreover, the parent-child relationships maintained between documents facilitates easy access and traceability.
  • SLA/KPIs to be monitored have been configured with rules specific to Cairn requirement which will help monitor deliverables and their impact. In turn, abiding by the policy and regulatory requirements.
  • Obligations configured will help to manage obligations and to centralize and simultaneously view information, analyse, and visualize risk, and reduce the impact of missed obligations, deliverables, milestones, and more.
  • CLM's Collaboration module will help establish a common platform for Cairn's users and suppliers to manage and analyse all key governance activities such as meetings, action items and issues. Governance meetings can also be directly managed from MS Outlook calendar.
  • Actionable dashboards and reports will facilitate Cairn users with better insights for effective decision-making.
  • Thus, CLM will help Cairn team bring their operational silos closer together on a single platform and bridge existing gaps in their post-signature contract lifecycle management practice.

Training Videos

Kindly refer to the below videos for quick help on usage of CLM for Users, Buyers, and Suppliers.

Training Videos
Content
CLM Tutorial - Actions How to create actions?
Submission of an action by owner?
Approval and closure of the actions?
CLM Tutorial - Issues How to create issues?
Submission of an issue by owner?
Approval and closure of the issues?
CLM Tutorial - Obligations Submission of Obligations/Child Obligations?
Upload of Evidence/Attachment?
Approval and closure of the Obligations/Child Obligations?
CLM Tutorial - Variation How to create Variations?
Submission of Variation and upload of Documents/Attachments?
Approvals of Final Signed Copy?
CLM Tutorial - Governance Meetings How to create Governance Bodies?
How to take MoMs and circulate it on CLM?
How to create actions/issues from meeting discussion points?
CLM Tutorial - Child KPIs How to upload KPIs (with/without raw data)?
How to compute and submit KPIs score?
Approval and Closure of the KPIs?
CLM Tutorial - SES Quantity Update and Proforma Invoice Creation How to submit final SES quantity?
How to create Proforma Invoice?
Approval and Download of the Proforma Invoice Copy?
CLM Tutorial - Login Instructions and Troubleshooting How to Log-in CLM?
How to reset the Password?
How to resolve Blank Screen Issue?

Training Manuals

Please find below Training Manual for your reference. It contains detailed information and procedures for activities pertaining to CLM.



Please find direct link to the Platform: CLM

Let us know in case you are facing any trouble or have queries please feel to reach out to us at
CLM.support@cairnindia.com

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