ROI at scale. HARD SAVINGS. REAL REVENUE IMPACT.
TCV Under Management
Invoice Amount Validated
Hard Savings Delivered
Perform meaningful analysis on real-time governance data, through dashboards providing drill down right up to transactional data
Automatically validate incoming invoices based on what was promised in the contract and reconcile invoice amount against performance metrics
We implemented the Sirion tool on two pilot contracts during the summer of 2016. Although the solution has only recently gone live we have identified increased revenue and/or cost avoidance which if applied across the Trust’s portfolio of commercial agreements, will deliver a projected saving / revenue increase of circa £20m within the next few years. I am pleased to say that the Trust is now embarking on the roll out of the solution to those arrangements.”
Former Chief Executive, UCLH NHS Foundation Trust
On August 23rd 2017, SirionLabs conducted a webinar in association with IACCM. The webinar features Henrik Krarup Stefansen, Sr. Director, Global IT Sourcing at Vestas along with Tim Cummins, President and CEO at IACCM, and Ajay Agrawal Founder and CEO at SirionLabs. Watch this on-demand webinar to learn more about Vestas’ exciting journey to a modern, integrated supplier management program built around Sirion’s contract management technology.
On 27th April 2017, SirionLabs conducted this webinar in association with Forrester. Watch it here to discover how your organization can build a unified, intelligent, and smart contract management technology strategy relevant to today’s procurement needs.
On February 7th 2017, SirionLabs conducted this webinar in association with IACCM. The webinar features Reinhard Plaza-Bartsch, Group Head of Commercial Contract Management at Vodafone along with Tim Cummins, President and CEO at IACCM and Ajay Agrawal, Founder and CEO at SirionLabs. Watch this on-demand webinar to discover how Vodafone effectively manages contractual performance, mitigates risks and minimizes value leakage in its supplier engagements through its Commercial Contract Management (CCM) program – powered by Sirion.
On August 23rd 2017, SirionLabs conducted a webinar in association with IACCM and Vestas (the global leader in wind energy and a SirionLabs client). The webinar titled “How Vestas is Driving Winds of Change in IT Supplier Management” featured Henrik Stefansen, Sr. Director, Global IT Sourcing at Vestas and Tim Cummins, President and CEO at IACCM...
“Relationship beyond the contract” – most global outsourcers often fail to understand that this starts with understanding one’s contract. Suppliers’ lack of self-education of their contracts, is one of the key source of relationship and value dilution over the contract term. I often find blogs of leading global outsourcers quoting “relationship beyond the contract.” The...
Welcome to the July edition of The Contract Management Dispatch – SirionLabs’ monthly newsletter. Issue #5 features an article on how Vestas Wind Systems used outsourced machine learning to transform contract management, a blog post on IFRS 15 Compliance for Revenue Recognition from Customer Contracts, and more. Happy reading. Article – How Vestas Wind Systems used outsourced machine...