Ability to track reporting/invoicing requirement and trigger email notifications to the contacts

Summary:

Is there a functionality to track reporting/invoicing requirement and trigger email notifications to the contacts on an award to ensure timely reporting/invoicing to sponsor?

Content (please ensure you mask any confidential information):

Our client has a requirement to be able to track the reporting and invoicing requirement on an award and then trigger email notifications to the appropriate contacts. Does anyone come across this requirement and how it was handled?

Would appreciate the assistance

Version (include the version you are using, if applicable): 24A

Code Snippet (add any code snippets that support your topic, if applicable):