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SirionOne for

IT and BPS

Drive down costs, ensure service
delivery excellence, and enhance
NPS with smarter contracting.

Sirion Sell-side CLM

Discover how Sirion's AI-powered CLM can help you manage the full lifecycle of customer contracts.

Key contracting
challenges for
IT and BPS Companies

The raison d'etre for the IT and BPS (Business Process Services) industry can be summed up in two words: cost efficiency. IT and BPS organizations typically work as an extension of their customers’ business and, as result, occupy a critical position right in the middle of the value chain. On one hand, they need to accelerate new customer onboarding, meet contractual obligations, and demonstrate consistent ROI to drive account growth conversations. On the other, they need to unlock the full value of their supplier contracts to stabilize spending and reduce overheads by automating the onboarding of new suppliers and employees to support their people and technology requirements. However, the underlying contract management processes are siloed across business functions and manually driven, with little to no embedded risk controls or insights into past performance and delivery data. This is turn leads to delivery misalignments and subsequent revenue and spend leakage, EBITDA erosion, and disputes, creating a vicious cycle of expensive inefficiencies.

"With Sirion, companies can enjoy far better visibility into contracts and greater control over fulfillment of performance obligations."

Ben Tulloch
Managing Director (Australia)

SirionOne for IT and BPS

For IT and BPS enterprises, profitability depends on how fast and efficiently they can scale their operations to meet contractual obligations and SLAs to their customers. In this regard, they need a CLM solution that enables them to manage contracts, performance, risk, and relationships across buy- and sell-side accounts, while minimizing value leakage and boosting revenue recognition. With SirionOne, IT and BPS businesses can dramatically reduce overheads and contracting inefficiencies by taking a technology-first approach to contracting.

Enable self-service contracting to help sales teams close deals faster, and empower business functions such as procurement and HR to accelerate onboarding of new suppliers and employees.

Gain 360-degree visibility into buy- and sell-side agreements through a single pane of glass to monitor all contractual obligations, service levels, milestones, renewal and expirations dates, and more.

Digitize existing contract portfolio and mine it for pricing and volume insights that can help drive future negotiations, inform repapering and amendment exercises, and keep supplier and customer contracts aligned with scope, regulatory and market changes.

Leverage AI to uncover risk elements buried deep within contracts, assess their probable impact, and take corrective action using data-driven insights.

Analyze spend, forecast revenue, and monitor DSO trends to improve budgeting accuracy, boost revenue recognition, and streamline cashflow.

Capture performance data and leverage it to generate proforma invoices and auto-validate supplier invoices to eliminate underbilling and overpayments and prevent hard value leakage.

Leading IT and BPS Companies Trust Sirion

Webinar

Unveiling the Full
Iceberg: How AI is
Changing the Contract
Analytics Game

Start your smarter contracting journey

SirionOne
for CLM

Streamline the complete contracting lifecycle and harness contract intelligence for improved business outcomes.

SirionOne for
Supplier Management

Plug value leakage while improving supplier performance through integrated post-signature management of strategic suppliers.

SirionOne for
Order-to-Cash

Maximize revenue and drive stronger customer relationships through integrated post-signature management of enterprise accounts.

Resources to help you on your contracting excellence journey

Explore the possibilities

Get in touch to see how you can transform your business with SirionOne.