AI-Native CLM for Vendor Contracting in Banking

Managing third-party risk, enforcing SLAs, and staying audit-ready shouldn’t rely on spreadsheets and email threads. But for most banks, procurement contracting is still fragmented, manual, and slow. This leads to onboarding delays, billing disputes, and compliance gaps that hide in plain sight.

What’s at Stake

• Fragmented contracts delay vendor response.
• Enforcement gaps show up on negotiated terms.
• Unstructured data is trapped in PDFs and scanned files.
• Invoice mismatches cause payment delays and value leakage.
• Disconnected documents lead to missed milestones.
• Business inputs are lost between intake and execution. 

Download the PDF and discover:

• How Sirion enables smarter obligation tracking, SLA enforcement, and invoice validation, all in one platform.
• Sirion’s centralized repository, AI-powered extraction, milestone tracking, and end-to-end data flow from intake to execution.
• How Raiffeisen Bank International digitized over 20,000 contracts across 14 countries and boosted contract output.
• High-impact use cases across IT procurement, BPO agreements, advisory services, and third-party risk vendors.
• Actionable steps to modernize procurement operations and improve vendor accountability with structured insights and automation.

See how leading banks are rethinking vendor contracting before your competitors do.