How Vodafone is Building the Future of Commercial Contract ManagementWATCH WEBINAR
In the Consumer Packaged Goods (CPG) universe, consumers demand greater engagement, competition is driving rapid innovation and input costs are volatile even as market growth remains unpredictable. This requires CPG companies to strike a difficult balance between guarding current margins and investing in future growth. Suppliers play a key role in getting this balance right: CPG companies work with a wide range across the entire journey, from product development to manufacturing to retail to post-sales. As more and more of these supplier engagements become services-centric, CPG companies are realizing that their traditional, manual contract management processes—which were designed for goods and commodities suppliers—cannot drive full value realization in services contracts.
This presents a tremendous opportunity for CPG companies to unlock significant savings and gain an edge over the competition through a technology-led and analytics-driven approach to drive improved performance, innovation and cost savings in their services supplier engagements.
Business processes (e.g. finance & accounting, HR)
IT (e.g. application development and maintenance, data centers, network, and end-user computing)
“Sirion allows us to bring contracts to life, to collaborate, and to review where we have potential risk.”
“Traditional procurement technology landscape does not effectively support automation, innovation and analytics.”
“Sirion combines core CLM components with supplier management capabilities.”
Sirion offers an AI-driven, integrated platform for CPG companies to manage contracts, performance, invoices and relationships in buy-side services contracts.
Gain complete visibility and control over your contract portfolio through Sirion’s powerful contract repository: Leverage hierarchical document storage, auto-extraction of contract data, and advanced change management capabilities
Easily identify and correct invoicing discrepancies by auto-validating invoice data against underlying contractual obligations and performance data
Improve performance delivery with a comprehensive and automated approach that streamlines the capture, computation and monitoring of obligations and service levels, and link performance to real business impact
Drive improved alignment and collaboration between buyer and supplier teams through a shared view of contract and performance data, and through data-backed relationship governance