Every now and then, a new technology or trend makes a grand entrance and changes the status quo of how businesses work. Contracts – and more importantly, the way contracts are managed – have undergone a remarkable evolution in the recent decades. Today, contracts are no longer restricted to legal teams, but other critical functions, such as procurement, sales, and finance, and they can do more than just establishing a binding agreement between these stakeholders. Contracts have become crucial in contributing to bottom line growth, driving globalized trading, improving administration, increasing collaboration, and enhancing intelligence.
This whitepaper touches upon how contract intelligence, and more specifically, how contract lifecycle management
(CLM) tools, can help with a well-rounded effort towards value creation. In a mature market replete with CLM tools, SirionOne is moving the needle as an AI-driven CLM solution designed to meet the diverse needs of business functions. SirionOne – wired for modern businesses – works as a common denominator for all relevant business functions across an enterprise.