Sirion, based in Washington, teamed up with the Deloitte India consulting firm to expand the access of the Sirion CLM platform for customers in the region. Specializing in AI-powered contract lifecycle management, the move will help strengthen Sirion’s collaboration with Deloitte in India and expand its presence in the APAC region, according to an Aug. 15 news release from Business Wire.
"We’re proud to be partnering with Deloitte India to bring AI-powered CLM solutions to the APAC region,” Puneet Bhakri, SVP, Global Alliances and Partnerships at Sirion, said in the release. “The combination of our AI-powered CLM platform and Deloitte India's deep industry knowledge will help drive digital transformation in the APAC region.”
“Sirion’s AI-powered solution will benefit Deloitte’s portfolio of customers across the APAC region, providing them with a dynamic source of contract data and intelligence on an easy-to-use platform,” the Business Wire report said. “And Sirion’s customers with operations in India will benefit from Deloitte’s expertise to help drive expansion in the region.”
Sirion CLM has received positive feedback from analysts and customers. The company is deemed a leader in the IDC MarketScape: Worldwide SaaS and Cloud-Enabled Buy-Side Contract Life-Cycle Management Applications 2023 Vendor assessment. It was also highlighted as a customers’ choice in the 2023 Gartner Peer Insights Voice of the Customer for CLM report, the release said.
The company was also recognized as a leader in the 2022 Magic Quadrant for Contract Life Cycle Management by Gartner, and ranked first in three of five use cases, which includes full lifecycle enterprise CLM in the 2022 Gartner Critical Capabilities for Contract Life Cycle Management, according to the release.
Sirion helps more than 200 organizations worldwide, and manages more than 5 million contracts worth more than $450 billion across more than 70 countries, the release reported.
“Powered by intelligence uniquely connected across the complete contract lifecycle, Sirion’s easy-to-use, highly configurable Smarter Contracting platform brings legal, procurement, sales and business teams together to author stronger contracts, improve risk management and strengthen counterparty relationships,” the Business Wire release reported.