Suppliers of complex services (IT, BPO, facilities management etc.) often find that effective management of strategic client engagements is hampered due to functional and account-level silos, lack of technology integration, and ineffective manual processes. This leads to revenue leakage (3.8 - 10% of ACV), strained relationships and increased risk of non-compliance in such engagements.
To address the above issues, Sirion’s revenue assurance product tightly aligns the delivery, finance and contract functions on a single platform. Built-in workflows and analytics allow a clear view of the contractual obligations enabling the supplier to ensure that:
service delivery, invoices and the underlying contract are all aligned to each other, and
compliance obligations are actively monitored and managed.
Additionally, as the single-source-of-truth, Sirion enables an objective assessment of the client-supplier relationship based on authentic data thereby addressing the issue of misplaced subjective assessments and friction between the two parties.
Download this product brief for detailed information on Sirion’s functionality and benefits.