Contract obligation tracking software extracts duties from agreements and monitors whether the business is meeting or receiving them. Vallor parses each executed contract into structured obligations, assigns an owner to each, and tracks whether the business is meeting the ones it owes and receiving the ones it is owed.
- Read this when obligations live in signed PDFs and nobody is sure who owns what after signature.
- Obligations come in types, and each type has a natural owner. The gap is usually ownership, not the clause.
- Start with your executed contracts and see how many obligations have no owner today.
Obligation types and who owns each
Every executed contract creates duties in two directions: what you owe the counterparty and what they owe you. Tracking both means knowing the type of each obligation and who is accountable for it.
| Obligation type | Example | Typical owner |
|---|---|---|
| Indemnification and liability caps | Monitor exposure against the cap and any carve-outs so a claim does not exceed what was negotiated. | Legal |
| SLA credits | Claim the service credits you are owed when a vendor misses its uptime commitment. | Vendor management or operations |
| Renewal and notice obligations | Send or track the notice required before a term renews or terminates. | Procurement |
| Deliverable deadlines | Meet or receive milestone deliverables by their due dates. | The project or account owner |
| Compliance attestations | Collect insurance certificates, security reports, and audit responses on schedule. | Compliance |
| Payment and rebate terms | Apply volume rebates, early-payment discounts, and correct net terms. | Finance |
Obligations you owe and obligations you are owed
Tracking is only half the value if it runs one direction. A vendor owes you SLA credits and rebates; you owe them notice and attestations. Good obligation tracking watches both sides so value is not left on the table.
How Vallor helps
- Connect the executed contracts from your repository, CLM, or storage.
- Vallor parses each agreement into structured obligations with a type, a due date, and the source clause.
- It assigns an owner to each obligation and tracks whether it is met or received, with the evidence linked.
- Ask which SLA credits are unclaimed or which attestations are overdue, and get cited answers.
Last updated: 2026-07-07. This page is part of Vallor's contract intelligence content library.
FAQ
What types of obligations can the software track?
Indemnification and liability caps, SLA credits, renewal and notice obligations, deliverable deadlines, compliance attestations, and payment and rebate terms, each with a due date and an owner.
Does it track obligations we owe and ones owed to us?
Yes. Vallor tracks both directions, so it flags the SLA credits and rebates a vendor owes you as well as the notice and attestations you owe them.
How does it assign ownership?
Vallor parses each obligation into a structured record and routes it to the natural owner, such as legal for indemnity, finance for rebates, and procurement for renewal notice.
How does it keep obligation records audit-ready?
Every obligation links back to the source clause and to the evidence that it was met or received, so the record can be defended in an audit.