Effortlessly ensure that contractual commitments are met on time, every time. Use AI to extract obligations and service levels, monitor their fulfillment in real time, forecast financial risk, and align payment with performance.
“As part of our contract digitization program, we didn’t want to stop at just putting our contracts in the cloud. We wanted complete visibility and control over the deliverables and obligations in our contracts. We found the perfect answer in Sirion.”
Sabih Rozales, Principal Commercial Contract Manager
“All our contracts are established and maintained in Sirion, a fit-for-purpose CLM solution. Today, we manage all our regulatory requirements, adapt smartly to banking changes and leverage rich insights for real-time reporting, through Sirion.”
“Some of the biggest highlights of working with Sirion for me have been watching how the technology has changed over time. And how it gets better and better every single time new functionality is released.”
Jaclyn Schuler, Director of Contract Lifecycle Management
“Sirion’s industry-leading AI technology offers significant advances giving instant access to critical data, automating non-value-added tasks, and driving behaviors that result in better contracting outcomes with third-party relationships.”
Contractual relationships are not created equal. Sirion helps you maximize business value by enabling high-touch, meticulous governance of strategic relationships, while allowing seamless automation for others.
Govern
Enforce obligations across the portfolio.
Automatically discover, extract, and operationalize obligations from any contract using AI.
Monitor status of obligation fulfillment in real time, track KPIs, and generate reports to assess compliance against predefined targets.
Re-route or escalate obligation-related tasks in response to compliance breaches.
Measure
Manage service-level agreements in real time.
Automate alerts and notifications for compliance breaches by validating contractual SLAs against raw performance data ingested from ITSM, ERP, and P2P systems.
Assess the real-time financial impact of service-level failures.
Shape renegotiation strategies using AI insights from SLA performance trends.
Assure
Validate invoices based on vendor performance.
Integrate with financial accounting systems and automate five-way reconciliation of invoice, purchase order, pricing, consumption, and performance data.
Manage complex pricing structures, including fixed fee, time and material, base units, ARC / RRC, and other adjustments.
Automate consumption validation against raw data feeds from ERP, P2P, and ITSM systems.
The Future of CLM With Generative AI
Trust
Explainable AI with every response cited to precedent in your own contract data.
Speed
Quick time to value with right-sized, pre-trained models fine-tuned in an intuitive AI studio.
Security
Your data is isolated to your own environment, never sent to external large language models or used for training.
