Contract Obligations and Risk

Contract obligations lists what your contracts ask of you. Contract risk lists the contracts whose latest review found a problem.

When you’d use this

• You need to know what is due under your contracts this month.
• You want a reminder before a deliverable or report is due.
• You want the contracts that need a closer look.

Contract obligations

Go to Finance > Money Out > Contract obligations. Every organization with Finance has this page.

• The list shows each obligation, its type, its due date and its status. Overdue ones come first.
• Types are milestone, deliverable, payment, compliance and reporting.
• Use Due within to show 7, 30, 90 or 366 days.
• Use Search obligations to find one.
• Obligations are added on each contract. A contract’s own obligations also show on its detail page.

Reminders

• Muin checks obligations once a day.
• An open obligation due within 7 days, or already overdue, gets one reminder task in the Inbox.
• The task goes to the person the obligation is assigned to. With nobody assigned, it goes to the owners.
• Click Mark done on the task to complete the obligation.
• Moving the due date sends a new reminder for the new date.

Contract risk

Contract risk needs Muin for Spend.

Go to Muin for Spend > Contracts > Contract risk.

• The page lists live contracts whose latest review failed a playbook rule, or rated the risk High or Critical.
• Each row shows the risk, the failed checks, a summary and when it was reviewed.
• Filter by Failed a rule or High or Critical.
• A review runs when the contract document is analyzed.
• On a contract’s detail page, Contract review shows the latest review and each playbook check with Passed or Failed.

When it goes wrong

• “Nothing is due in the next [n] days.”: no open obligation falls in that window. Pick a longer one.
• “No contract is flagged.”: no review found a problem, or no contract has been reviewed yet.
• “Not reviewed yet.” on a contract: its document has not been analyzed.
• “Part of Muin for Spend”: your organization does not have Muin for Spend.

Next step

Go back to the Contracts overview.