LEHI, UT—April 9, 2025—Sirion, a global leader in AI-native contract lifecycle management (CLM), today announced it has been recognized as the industry’s No. 1 ranked CLM vendor in the Spend Matters® Spring 2025 SolutionMap evaluation, based on analyst and customer assessments.
Receiving this recognition for the fourth consecutive time underscores Sirion’s continued leadership in redefining contract lifecycle management. Our success is built on an AI-native, agent-led approach that uniquely combines precise small-data AI with powerful large language models, delivering unmatched accuracy, transparency, and actionable insights. You can download a summary of Sirion’s results from the Spring 2025 Spend Matters SolutionMap evaluation here.
Sirion received the highest scores among all 28 vendors for overall CLM functionality, thereby securing the 2025 Top Tech award for the fourth time in a row. Sirion dominated the evaluation, top scoring in key CLM functional areas across contract authoring, negotiation, search, analytics, and contract performance management.
SolutionMap is designed to provide procurement and supply chain leaders with an accurate and up-to-date analysis of the market landscape based on granular, data-based assessments of procurement technology, functionality, and customer satisfaction metrics. Beyond feature/function, Spend Matters looks at the platform elements to reflect buyer needs, for e.g., the application of AI, user experience, low-code platforms.
At Sirion, we believe the future of enterprise software is conversational, with agentic AI as the foundation of modern CLM, not simply a bolt-on feature. Today, Sirion’s AI agents offer conversational, context-aware intelligence across all contract phases—drafting, negotiation, renewal, and compliance monitoring—delivering plain-language explanations of complex contract details backed by specific citations to foster trust and transparency. That’s how Sirion’s agentic, AI-native CLM platform helps procurement teams realize the full value of their contracts, enabling the orchestration of business relationships, compliance assurance, and risk mitigation.
Sirion combines an intuitive UI/UX, seamless integrations with enterprise systems like P2P, billing management, financial management, and self-serve capabilities to drive adoption. Complemented by robust post-deployment support programs focused on training and value realization, Sirion’s customer-first approach has earned the trust of the world’s leading organizations to manage their contracts.
“Being recognized by Spend Matters as the No. 1 CLM vendor for the fourth consecutive time is an incredible honor, and a testament to Sirion’s relentless commitment to innovation, customer success, and transformative AI,” said Aravind Aluri, Chief Product Officer at Sirion. “Our agentic, AI-native platform continues to set the benchmark in the market by combining specialized AI agents—such as our Extraction Agent, IssueDetection Agent, and Redline Agent—to help organizations rapidly extract, negotiate, and manage contracts with unmatched accuracy and efficiency. Looking forward, we envision a future driven by a sophisticated meta-agent that orchestrates the entire contracting lifecycle through intuitive, conversational interactions. This next evolution of CLM will empower businesses to seamlessly create, manage, and continuously optimize contracts, helping them proactively mitigate risks, uncover new opportunities, and unlock strategic value from every agreement.”
This acknowledgment from Spend Matters contributes to Sirion’s growing list of industry accolades. Sirion is a Leader in the 2024 Gartner® Magic Quadrant™ for CLM, the highest ranked vendor for all four Use Cases in the 2024 Gartner® Critical Capabilities for CLM, and recognized as a Customers’ Choice in the 2024 Gartner® Voice of the Customer for CLM report. Sirion is also a Leader in the 2025 Forrester Wave for CLM, a leader in 2024 IDC Marketscape: CLM for Corporate Legal, as well as 2023 IDC Marketscape: Buy-side CLM reports.
You can download the Spend Matters® Spring 2025 SolutionMap here.
Sirion is the world’s leading AI-native CLM platform, pioneering the application of generative AI to help enterprises transform the way they store, create, and manage contracts. The platform’s extraction, conversational search, and AI-enhanced negotiation capabilities have revolutionized contracting across enterprise teams – from legal and procurement to sales and finance. The world’s most valuable brands trust Sirion to manage 7M+ contracts worth nearly $800B and relationships with 1M+ suppliers and customers in 100+ languages. Leading analysts such as Gartner, IDC, and Spend Matters have consistently recognized Sirion as a leader in CLM for its focus on category-leading innovation.
The Spend Matters’ SolutionMap is a prominent procurement technology assessment and benchmarking tool. It provides a comprehensive evaluation of various solution providers in key procurement categories, offering valuable insights and guidance to organizations seeking to make informed decisions about their technology investments. It considers multiple factors, including analyst assessments, customer feedback and vendor updates, to provide an accurate and up-to-date analysis of the market landscape.
Sirion Named a Leader in the 2025 Forrester Wave™ for CLM Report