The Customer-Centric Approach to AI in Contract Management
- 15 min read
- Ajay Agrawal
Introduction
As the CEO and founder of Sirion, a central aspect of my role has been understanding and responding to the needs of our customers. From the outset, our focus has been not just creating a product, but solving the core challenges that our customers face in contract management.
Customer-Driven Innovation
At Sirion, we believe that true innovation begins with the customer. This belief has shaped our approach from the very first version of our platform, which was significantly influenced by our initial customer interactions. We partner with our customers to learn what their needs are, which in turn tells us how to shape our product’s capabilities.
This synergy between what customers need to do in their organizations and what we enable them to do in our platform is what drives progress — our success depends on our customers’ success.
The Role of Customer Feedback
Our journey has taught us that customer feedback is invaluable. Even if a customer ultimately decides that our solution is not the one they need, that interaction provides insights that are pivotal in shaping our product strategy.
The combination of positive and constructive feedback we’ve received from customers over the years has underlined a crucial lesson: the importance of holistic value delivery. It’s not sufficient to excel in just one aspect of contract management; the real value lies in managing the lifecycle comprehensively, from inception, through ongoing performance management, to renewal or termination.
Seamless Integration Across Functions
In today’s complex business environment, it is crucial that our solutions not only manage contracts efficiently, but also integrate seamlessly across an array of business functions. Our customers have taught us that division between contract creation and management across different enterprise teams leads to inefficiency and lost opportunities. Therefore, we designed our system to ensure a fluid transition from contract creation to ongoing management, enabling the cross-functional workflows that enterprises require.
Leveraging AI for Customer Success
Our commitment to being AI-native is fundamentally about enhancing customer success. By building our platform on an AI foundation, we offer capabilities that go beyond traditional contract management. Sirion’s contract AI provides real-time insights into contract performance, proactively highlights compliance risks, and predicts future contract milestones, helping customers gain the edge in contract negotiations and ongoing management.
Tailoring Solutions to Customer Needs
The diversity of our customer base has taught us that there is no one-size-fits-all solution in contract management. Every business has a unique set of challenges and expectations. Our adaptable AI allows us to customize solutions that are completely responsive to the individual organization’s needs, empowering every Sirion customer to maximize the value they realize from their business agreements.
At Sirion, we are committed to a customer-centric approach in everything we do. This commitment extends beyond our product features and into the very core of how we engage with and support our customers. As we continue to innovate in and lead the AI-native CLM space, our focus will always be on delivering solutions that transform not just contract management, but our customers’ ultimate business outcomes.
In my next post, I will discuss how our global perspective enhances our ability to meet the diverse needs of our customers worldwide, ensuring that our solutions are not only effective, but also inclusive.