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Buyer-Supplier Collaboration

Data-driven management of relationships with suppliers and customers

Proactively drive buyer-supplier collaboration and alignment and manage relationships objectively

Improve alignmentand minimize friction through a shared view of the engagement

Reduce claims and disputeswith suppliers and customers through proactive issue resolution

Save time and resourcesspent on gathering and reviewing governance data

Feature Highlights

Governance Forum Management
  • Manage all governance forums and activities on a single platform
  • Track meeting schedules, attendance, minutes, and resulting issues and actions
  • Automatically escalate unresolved issues to senior-level stakeholder(s) or governance forum
  • Manage governance meetings directly from Outlook calendar
  • Generate reports and analytics on governance forum data
Issues and Actions Management
  • Enable end-to-end management of issues and actions, including capture, classification, assignment, tracking and reporting until successful closure.
  • Create issues/actions from any source (supplier/customer, contract, obligation, governance forum) or link them to resulting tasks (contract interpretation request, contract change).
“Sirion allows us to bring contracts to life, to collaborate, and to review where we have potential risk.”
Reinhard Plaza-Bartsch, Global Head of SCM Development, Operations & Digital, Vodafone
Claims and Dispute Management
  • Shared ledger architecture enables improved buyer-supplier alignment and minimizes friction and disputes
  • Track claims and disputes, credit and debit notes, and more on a single central platform that is accessible to both buyer and supplier teams.
  • Prevent value leakage by keeping track of all financial instruments – such as invoices and price books – in one place.
  • Configure workflows to identify performance bottlenecks associated with claims/disputes
Risk Register
  • Enable proactive risk mitigation by monitoring all risk and compliance-related obligations – contract, delivery, policy or regulatory
  • Easy tracking of non-compliance through automated alerts, email notifications, an integrated calendar, to-do lists, and escalation workflows
  • Generate quantifiable risk metrics to measure and compare compliance levels across suppliers and customers
  • Manage audits and monitor the progress of all remediation items
  • Prescriptive and predictive analytics to flag potential risks to appropriate stakeholders and suggest recommended actions

See Sirion’s Data-driven Collaboration Capabilities in Action

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BRING YOUR CONTRACTS TO LIFE

Choose the right applications to propel your contract lifecycle management journey

Contract AuthoringCreate stronger contracts, faster
 

Enterprise Contract RepositoryIntelligent contract storage in the cloud

Auto-extractionRapidly digitize legacy contracts with AI-powered contract extraction

Obligation ManagementAlign performance to contractual obligations

Invoice AuditingPlug financial value leakage through automated reconciliation of invoices

Buyer-Supplier CollaborationData-driven management of supplier and customer relationships

Advanced AnalyticsLeverage data-driven insights to improve contractual relationships

Featured Products

Contract Lifecycle Management

AI-enabled enterprise contract management

Enables legal, procurement and sales teams to drive business velocity, compliance and efficiency through advanced automation and collaboration across the contracting lifecycle
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SirionAE

AI-powered auto-extraction and contract analytics

Automatically and quickly find hidden legal and business insights from legacy documents for your M&A, repapering, governance and compliance objectives
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Supplier Management

Integrated management of strategic suppliers

Enables procurement and business units to plug spend leakage while improving supplier performance and collaboration with strategic suppliers through effective post-signature governance of such engagements
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Order-to-Cash

Maximize revenue in enterprise accounts

Enables sales and delivery organizations to drive improved revenue, account-level EBITDA and relationships in enterprise accounts
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Sirion Can Help You Achieve Better Business Outcomes

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