Hello! How can we help?

Non-Financial Obligations and Related Events (improved version)

The new alliances management behavior has been implemented in the version 6.2.59 (April 2018).
  • It will be activated by default for all new customers.
  • For existing customers, it will be activated case by case.
    Do not hesitate to contact your Inova Customer Success Manager if you still have the old version and if you wish to benefit from the improved version.

Non-Financial Obligations allow you to track all non-financial deliverables, called "events", that need to be completed as defined in an agreement.

With this improved version, you can now manage the Non-Financial Obligations directly from the agreement, without leaving the page, and thus save time.

This can be very useful, to plan and manage critical stages in the contract lifecycle, for example the contract expiration and renewal. This way, you will be informed on time by setting the reminder at the notice date. This also applies to managing Joint Steering Committee and providing reports.

Creating a Non-Financial Obligation

You can create a Non-Financial obligation through an existing Agreement.

Agreement.png

  1. On the Agreement overview page, scroll down and click on the tab "New Non-Financial Obligation".

The "Details" tab

A New Non-Financial Obligation pop-up will display and in the "Details" tab you will enter all the information needed.

NFO_Details.png

  1. Enter the title of the Non-Financial Obligation.
  2. Select the Transaction party / Company.
  3. Select the type of event.
  4. Specify whether the project is incoming, outgoing or joint, meaning a joint report that all parties in the contract must create together.
  5. Enter the description.
  6. Enter the due date.
  7. Enter the comment.

The "Reminder" tab

As you are completing the details on the non-financial obligation, you will notice another sub-tab called ‘Reminder’. This tab will allow you to notify application users about the due dates.

NFO_Reminder.png

    1. This field is automatically pre-filled with the current owner of the agreement as well as the original creator of the agreement (if different). You may also notify other application users.
    2. This setting notifies you X number of days in advance of your non-financial obligation reminder's due date.
      Warning: You will notice that by default the value is 0. If you leave this value, no notification will be sent.
    3. Add a comment.
    4. Click "Save".
In the screenshots, you probably noticed the presence of an "advanced form" button. Please note that this option should only be used on the recommendation of your Inova Customer Success Manager, i.e. in case you use some configurable fields and need more customization.

Duplicating an Obligation

There is an easy way to duplicate an obligation/event within an agreement.

 NFO_Duplicate.png

    1. Go to the "Non-Financial Obligations" tab.
    2. Click the duplicate icon.

The system will automatically create a duplicate of the obligation you have selected:

NFO_Duplicate.gif

Then you just have to customize the information on the "Details" and "Reminder" tabs and click "Save".

Complete an Obligation

Once you have created a non-financial obligation, you can start validating an event.

NFO_Complete.png

  1. Go to the "Non-Financial Obligations" tab.
  2. Click on the calendar icon.

NFO_Completed2.png

  1. Change the complete date if needed.
  2. Select the status of the event.
  3. Modify/compete the comment if needed.

Once the event is completed, you will notice that the icon turns green:

Green_icon.png

If you need to edit your obligation/event, for example to change the date, you just need to go to the lister of the Non-Financial Obligations (click on the double arrow) and then click on "Edit page":NFO_Edit.gifYou can configure this lister to add more fields if needed.
Was this article helpful?
0 out of 0 found this helpful