Engage 2024: 3 Key Takeaways from Sirion’s CLM Conference
- Last Updated: Dec 17, 2025
- 15 min read
- Agnishekhar Chakraborty
intro
Sirion recently hosted its much-anticipated annual conference, Engage ‘24, bringing together industry leaders, clients, and partners to discuss the future of contract lifecycle management (CLM). This year’s event showcased the latest advancements in AI-driven CLM solutions and provided invaluable insights into the evolving landscape of contract management. As we reflect on the event, here are the top three takeaways that highlight the innovative spirit and collaborative energy at Engage ‘24.
#1 – AI is the Cornerstone of CLM’s Future
A key theme that resonated throughout Engage ‘24 was how artificial intelligence (AI) is revolutionizing the way contracts are managed. Sirion’s leadership team, along with Forrester’s lead CLM analyst, laid out a transformative vision for the future of contract management with AI.
- Sirion’s Ajay Agarwal (CEO), Lewis Liu (Chief AI Officer), and Rajeev Kumar (Chief Customer Officer) presented a fresh perspective on the dawn of the second generation of CLM which included:
- How small data AI is paving way towards big outcomes in the space
- The advent of a multi-model system, as opposed to a one-size-fits-all LLM approach, that ensures the best outcome for any given task
- The importance of trust when using AI in something as sensitive as contracts
- The AI-centric vision was further compounded by Forrester’s lead CLM analyst Alla Valente who delivered an insightful session on
- The promise of Generative AI as a major force shaping our view of CLM
- The risks falling into transient Gen AI fads
- A strategic approach to “making it work”
#2 – Product Innovations at Sirion
One of the highest points of Engage ’24 was the grand reveal of Sirion’s Generative AI capabilities – showcasing the following products:
Sirion’s Chief Product Officer, Aravind Aluri, delivered a live demonstration of the review and redline products, aimed at empowering organizations to automate high-stakes negotiations without compromising on outcomes.
#3 – One CLM, Many Stories
When it comes to CLM, each implementation tells a unique story shaped by industry demands, organizational goals, and innovation. At Engage ‘24, Sirion customers shared their transformative journeys, revealing the diverse ways CLM is being reimagined across sectors.
- AI transforming contracting at IBM: In a remarkable session, Kanti Prabha (President, Sirion), and Renee Hook (Vice President, Global Enterprise Transformation and Enablement, IBM) explored how IBM reimagined contracting through AI and innovation with Sirion.
- A legal perspective: Max Iori, General Counsel at Morgan Stanley, provided a lawyer’s perspective on CLM. Max’s insights shed light on how the integration of AI has transformed legal operations, emphasizing the need for alignment between legal teams and contract management to fully realize the benefits of these technological advancements.
- Industry best practices: A panel discussion featuring industry leaders like Ashish Kshetry (VP of IT, Asian Paints) and Marc Becker (Director – Head of Process Excellence, Deutsche Börse) saw them explore key insights from their own CLM implementation journeys, highlighting that success is never achieved through a one-size-fits-all approach.
- Navigating CLM in Financial Services: On the other end of the spectrum Michael Ford (VP Supply Chain Operations & Technology, FIS Global) and Douglas Martin (Executive CLM Program Director, Morgan Stanley) explored the complexities of developing a CLM system tailored for the financial services sector amidst the evolving regulatory landscape and compliance requirements.
Engage ‘24 was a powerful reminder that the future of CLM is here, and it’s driven by AI. Sirion continues to lead the charge with its AI-powered innovations, and the real-world impact shared by clients and partners further underscores the transformative potential of Sirion’s platform in today’s fast-evolving business landscape.
Don’t Miss Out! To learn more about Sirion’s cutting-edge CLM solutions and how they can drive value for your organization, visit Sirion.ai.
