Sirion

The ProcureCon Asia event got us thinking. 💭 Thinking about all the good things AI unlocks for procurement functions. And, since contracts are the starting point of every business relationship, having a tightly integrated contract lifecycle management backed by AI is paramount. Our discussions with procurement and sourcing experts at the event centered around three core GenAI principles: 💡 AI insights give you easy access to existing and past agreements, making negotiations a lot easier and more impactful. 🔍 Monitoring obligations with the help of AI ensures that your vendors keep their promises and deliver their best. 📊 With the right dashboards and reports, you can be prepared for upcoming deadlines and only work with vendors you really want. And this is just the tip of the iceberg. AI for CLM has a lot more to offer to procurement teams. Wondering how? Drop us a note in the comments, and we'll reach out! #techevents #procurecon #procurement #clm #ai

It’s time to unlock the full potential of your procurement processes. Join us for our upcoming webinar "Cheers! Constellation Brands Pairs With Sirion to Drive Procurement Contract Excellence" on July 23, 11 AM EST. Hear from industry experts as they share insights on how Constellation Brands improved their CLM. Walk away with : 🔎 Expert insights from Constellation Brands and Sirion's leadership on implementing a successful CLM solution.  🙏 Practical strategies for integrating a CLM platform with your existing systems.  🔮 Future outlook on the role of GenAI in scaling contracting operations. Grab your spot here: https://lnkd.in/g8ghH8hQ

Hello Bengaluru! If you're looking to connect with some of the brightest tech leaders in India to learn more about risk management, contract obligations, and CLM, join us and KPMG India at our next "Risk and Tech Innovation Breakfast Talk Series." We're looking forward to sharing (and getting!) unique perspectives and insights from everyone. And of course, there will be a power-packed breakfast to fuel the discussion. 🍳☕️ Register your interest in attending at the link below, and we will reach out with the details. Hope to see you there! #indiatechevents #riskmanagement #legal   https://lnkd.in/gN2CuZfS

A decade ago, legal ops teams mainly handled administrative duties — billing, reviewing policy, and offering suggestions for technology improvements. Now? They're the glue that holds it all together. The bridge between legal and other teams. They are 1000% necessary to the success of your organization. Without legal ops, things suffer, like Compliance Cost savings Data integrity Process efficiency Even sales velocity Learn how to fix it in our latest report on the future of legal ops! Get your copy below 👇 https://lnkd.in/ghCvDy-s #legaloperations #inhousecouncil #businessgrowth

Generative AI is strategically disrupting contract management – prompting a flurry of mergers, acquisitions, and partnerships across the CLM space. But where do CLM players stand? How far (or close) are we really from generative AI becoming a mainstay in CLM? Well, according to our CEO Ajay Agrawal, we may not be that far off. In this recent FT report, he says, “Not only will the AI detect what’s wrong with the contract, but it will mark it up and redline it just the way a human [would] . . . by surgically removing a few words [or] adding a few words”. You can read more here: https://lnkd.in/ecx-77cx #AI #CLM #LegalTech #ContractManagement #GenAI #Sirion

EU friends in the BFSI industry 🗣️ The compliance deadline for DORA is quickly approaching. Are you prepared? Join us as we chat with leaders from Consilio LLC and Deutsche Börse about the best ways to address the DORA compliance requirements and how a Contract Lifecycle Management (CLM) platform can help.      Come ready to learn and ask questions. We'll see you there on July 18th. Register 👉 https://lnkd.in/g-FWCpfi #doracompliance #bfsi #clm

Last week, we talked about how a CLM can solve your contracting issues. But let's take a step back this week and look a bit deeper at 4 specific issues. Swipe through to see how we'd tackle them 👉 #Contractissues #CLM #businesstips

Weekend reading 🤷♀️ ...why not? If you're an in-house lawyer or enterprise leader, this one is for you. Explore the impact of legal operations and AI on enterprise efficiency in our latest report, where we cover: ➡️ The evolution of legal operations and why it's needed today. ➡️ Modern challenges and responsibilities of legal ops teams. ➡️ Risks of neglecting adding a legal ops team to your organization. ➡️ Steps to integrate AI and GenAI technologies into your legal processes. ➡️ Real-world success stories on how AI-powered legal processes have enhanced operations across various industries. Yours to download here: https://lnkd.in/ghCvDy-s Let us know what you think in the comments below 👇 #legaloperations #inhouselegal #legaltech

As you draft an indemnity clause, consider how that language relates to other terms in the rest of your agreement. Here are key interactions to keep in mind: 🚫 Limitation of Liability – Align these to avoid indemnity terms being unexpectedly restricted by liability caps. 💸 Insurance Provisions – Ensure indemnity coverage complements required insurance to prevent coverage gaps. ⛓️ Breach and Remedies – Clarify how indemnity affects breach definitions and the remedies available. 🤞 Warranties – Coordinate these with indemnity obligations to avoid disputes and unmet expectations. 🤝 Dispute Resolution – Integrate indemnity claims processes into the overall dispute resolution procedures. Final takeaway 👉 Doing all of this manually is for the birds. See how CLM can help: https://lnkd.in/gixPP3cg #ContractLaw #IndemnityClause #BusinessLaw #LegalDrafting

Contracts are the backbone of business operations, but managing them effectively is easier said than done. From storage woes to renewal oversights, the path to robust contract management is fraught with potential pitfalls. 🚧 So, we've broken down the Top 5 Common Contract Issues that enterprises face, exploring everything from misaligned language to compliance risks. Swipe through to learn how you can streamline your contract management process for better efficiency and security. 👉 #ContractManagement #BusinessOperations #RiskManagement #LegalTech