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Sirion’s AI-Powered CLM Framework
- Last Updated: March 13, 2025
Sirion’s Unified Approach to Contract Lifecycle Management – Store, Create, Manage
Overview
Contracts are the foundation of every business relationship, but managing them effectively requires more than just storage—it demands seamless creation, efficient execution, and continuous performance monitoring. Without an integrated system, organizations face operational inefficiencies, compliance risks, and missed financial opportunities.
Sirion transforms Contract Lifecycle Management (CLM) into a streamlined, AI-powered process by categorizing contract management into three core pillars: STORE, CREATE, and MANAGE.
- STORE – Centralize and structure all contract-related data, counterparties, and documents in a searchable, AI-driven repository.
- CREATE – Accelerate contract authoring, negotiation, and execution with AI-powered templates, collaborative editing, and seamless integrations.
- MANAGE – Enforce contract compliance, track obligations, service levels, and invoices with automated monitoring and performance analytics.
With Sirion’s intelligent CLM framework, organizations gain full visibility and control over every stage of the contract lifecycle—eliminating risks, increasing efficiency, and maximizing value.
STORE – Centralize & Structure Your Contracts for Maximum Visibility
Contracts, counterparties, and supporting documents should be more than just stored—they should be organized, searchable, and easily accessible to drive smarter decision-making.
Sirion’s STORE category ensures that all contract-related data is centralized, structured, and intelligently indexed using AI, enabling organizations to manage contract repositories with real-time visibility and efficiency.
From counterparties to contract metadata, Sirion helps businesses gain full control over contract data—ensuring transparency, compliance, and effortless retrieval.
Key Capabilities
- Counterparty Management – Maintain a 360-degree view of vendors, suppliers, and contract counterparties with hierarchical tracking.
- Contract Repository & Tree – Store and organize contracts, amendments, and supporting documents in an AI-powered repository.
- Sirion Search Experience – Find any contract, clause, or metadata instantly with advanced AI-driven search and filtering.
- Sirion AI – Extraction Agent – Extract, categorize, and analyze key contract data automatically using machine learning.
- Contract Change Management – Track contract modifications, amendments, and version history with full transparency and auditability.
CREATE – Draft, Negotiate & Execute Contracts Faster & Smarter
Creating contracts shouldn’t be a bottleneck—manual drafting, version control issues, and negotiation delays slow down business operations.
Sirion’s CREATE category accelerates contract authoring, streamlines negotiations, and ensures flawless execution with AI-driven drafting, automated workflows, and seamless collaboration tools.
From template-based authoring to real-time negotiations and e-signature execution, Sirion transforms contract creation into a faster, smarter, and fully compliant process.
Key Capabilities
- Content Library Management – Maintain a centralized repository of pre-approved clauses and templates for fast, compliant contract drafting.
- Contract Authoring – Automate contract drafting with AI-driven suggestions, real-time collaboration, and version tracking.
- Contract Negotiations – Facilitate seamless redlining, internal approvals, and structured discussions with counterparties.
- Contract Execution – Route contracts through automated approval workflows and e-signature integrations (Adobe Sign, DocuSign, OneSpan, etc.).
- Sirion Add-In – Extend contract drafting, negotiation, and execution into Microsoft Word and Outlook for a seamless user experience.
MANAGE – Enforce Contract Compliance & Optimize Performance
Executing a contract is only the beginning—ensuring obligations are met, service levels are upheld, and invoices align with contract terms is where true contract value is realized.
Sirion’s MANAGE category provides AI-driven automation, real-time tracking, and deep analytics to monitor obligations, SLAs, and financial commitments—ensuring contract compliance and maximizing commercial performance.
With proactive risk alerts, automated tracking, and seamless integration into financial and operational workflows, Sirion ensures contracts deliver on their intended value.
Key Capabilities
- Obligations & Child Obligations – Track, manage, and automate contractual commitments with real-time alerts and AI-driven risk monitoring.
- Service Levels & Child Service Levels – Ensure vendor and service provider accountability with automated SLA tracking and compliance enforcement.
- Invoice Management – Validate, track, and process contract-linked invoices with AI-powered discrepancy detection and financial reconciliation.
- Governance Body Meetings – Facilitate structured governance by tracking contract issues, approvals, and supplier performance in a centralized framework.
Conclusion
Unlock the Full Potential of Your Contracts with Sirion.
- Eliminate inefficiencies – AI-driven automation for storage, creation, and contract performance tracking.
- Improve collaboration – Seamless contract authoring, negotiation, and governance across stakeholders.
- Ensure compliance & reduce risks – Proactive monitoring of obligations, SLAs, and financial transactions.
- Maximize contract value – Real-time insights into counterparties, contract changes, and execution timelines.
Whether you need to STORE, CREATE, or MANAGE contracts, Sirion is the all-in-one solution that transforms your CLM strategy into a competitive advantage.
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