AI-native contract lifecycle management offers the power to transform every aspect of contract creation and management. Learn what that means for you.
There’s a world of difference between an AI-native platform and software that simply has AI features enabled as add-ons.
AI is deeply integrated into every key aspect of the platform, making it a fundamental component of the service’s functionality.
AI augments specific parts of the product rather than being central to every key feature.
Designed with AI in mind from the outset, enabling seamless integration, innovation, and scalability for AI features.
Adopts limited, siloed AI features in response to market demands, competitive pressures, or the pursuit of efficiency improvements.
Fundamentally reliant on AI, with the technology being a critical driver of the platform’s value proposition and competitive advantage.
Core services operate independently of AI technologies, with AI acting as a value-add rather than a necessity.
Has a robust data strategy from the start, with infrastructure designed to collect, process, and analyze large volumes of data effectively to drive continuous improvement and innovation.
May not have initially designed their infrastructure to leverage big data analytics and AI to the fullest, leading to potential challenges with retrofitting or integration down the line.
Turn the entire contract repository into an interactive database to power real-time analytics, automated contract drafting and approval, and on-demand risk assessment
Use contract data to provide real-time and predictive analytics on contract performance, compliance risks, and opportunities for optimization
Automate routine tasks, such as contract renewals and compliance checks, to improve operational efficiency and reduce manual errors
Continuously learn from existing and new contract data to understand and enhance company’s contract templates, clause suggestions, and negotiation strategies, constantly adapting to new legal requirements and standards
Simplify contract creation, approval, execution, and management for all users with AI-driven interfaces and tools, enhancing accessibility and ease of use
Comprehensively review contracts to ensure documents meet legal, regulatory, and company standards, and identify potential issues, inconsistencies, and opportunities for improvement in contract terms
Automatically detect risky or missing language, suggest redlines based on historical data and internal best practices, and insert preferred clauses to streamline negotiation and ensure agreements align with company policy
Monitor contracts to ensure compliance with local and global regulations, and send proactive alerts to warn of potential breaches
Facilitate seamless collaboration within and across organizations, integrating with other business systems to streamline workflows
High-impact solutions that deliver the vital insights and assistance you need, when you need them.
Get quick, accurate answers about what’s in your contracts.
Identify risky or missing terms in contract drafts.
Speed up negotiation with redlines tailored to your needs.
AI-enabled CLM systems simply use AI as an add-on to facilitate isolated tasks. Those platforms can’t give you data-driven insights about everything going on with your contracts and contracting processes, because they aren’t built to collect, make sense of, and present that information to you.
When your entire CLM system is built on AI, you get the benefit of AI-driven efficiency and insights throughout every facet of contract creation and management.
Every contract you store or create in your CLM ecosystem instantly becomes an interactive source of data about your business relationships. With AI guiding and learning from your processes, you get the same level of insight about your contracting operations, too.
When you no longer have to spend hours searching for, reviewing, drafting, or redlining contracts, you gain a precious commodity: time.
With all of that time and data at your fingertips, you can do something that most teams have only dreamed about doing: step back and optimize every facet of your contracts and contracting operations.
Instantly pull up every example of a particular clause type throughout your portfolio, examine differences between them, and identify your ideal language – plus fallbacks and walk-aways. Pinpoint bottlenecks in your contracting processes and design streamlined, automated workflows to eliminate those bottlenecks and reduce turnaround times. Accurately highlight risks in contract drafts and review ready-made redlines to get each agreement in line with your company’s unique requirements.
Make your contracts and your contracting processes even more effective and efficient with every new agreement – to build trust, security, and scalability for your enterprise.
That’s the power of AI-native CLM.
Transform how you manage and create contracts with Sirion Contract AI. We’re here for you, every step of the way:
High-impact solutions that deliver the vital insights and assistance you need, when you need them.
Get quick, accurate answers about what’s in your contracts.
Identify risky or missing terms in contract drafts.
Speed up negotiation with redlines tailored to your needs.