Blog

Alliance to promote a multi-dimensional business value strategy for clients by combining SirionLabs AI-powered CLM technology with KPMG’s leading experience in management consulting

NEW YORK, SEATTLE and LONDON, February 2, 2021 / PRNewswire / – SirionLabs, a leading provider of AI-powered contract lifecycle management (CLM) technology, and KPMG, the accounting, tax and advisory firm, today announced a strategic alliance to help companies transform their business to speed up for better results relationships with third parties.

Organizations are constantly looking to transform their business in multiple dimensions – revenue, costs, risk, compliance, agility, innovation, collaboration, and more. Central to these transformation goals is the ability to effectively manage relationships with third parties, including customers and suppliers, and the underlying contracts that govern those relationships. With KPMG’s expertise in solving complex business problems and the Sirion platform for integrated management of a company’s business relationships, this alliance offers expanded opportunities for increasing business performance.

“We see contract management as a strategic business skill that delivers commercial value. All too often we find that contracting is isolated and places an administrative burden on sales, procurement and law. We challenge executives to think new ways about contracting. We are it.” I’m excited to announce that there is a better way to manage contract management with our relationship with SirionLabs, “he said Nicola Brooks, Head of Contract Management Transformation for KPMG Law.

At the top of the transformation agenda today is digitization, which took center stage during the COVID-19 pandemic. In the KPMG survey on Global CEO Outlook 2020, 80 percent of CEOs said that there has been more digital acceleration in the past few months than in previous years. However, a separate digital transformation strategy can widen rather than close the gaps within an organization.

“Sirion’s industry-leading AI technology offers significant advances. It unlocks our human potential by giving us instant access to critical data, automating no-value tasks, and promoting behaviors that lead to better contract outcomes with your third-party relationships in the future of the contract.” is here and we are ready to deliver it to our customers, “he said Toby Yu, Head of Contract Management Services at KPMG US.

The KPMG-SirionLabs alliance will help customers advance rapid digitization of the entire life cycle of supplier and customer engagements (including contract creation, performance management, invoice validation, relationship management, risk management and advanced analysis). At the same time, it will help our customers create a more coherent business by enabling transparency, alignment and collaboration in key functions like legal, sourcing, trading, sales, delivery and finance.

“Sirion CLM is uniquely positioned to help businesses transform into agile, resilient, and cohesive businesses to effectively address the threats and opportunities of the post-COVID world,” he said Amol Joshi, CFO, SirionLabs. “As the point of contact for management consulting, KPMG is the trusted advisor who helps companies to move forward-looking on this path. We are pleased and proud to work with KPMG and offer our customers this unparalleled combination of technology and expertise.”

About KPMG LLP

KPMG is one of the world’s leading professional services companies, providing innovative business solutions, auditing, tax and advisory services to many of the world’s largest and most prestigious companies.

KPMG is widely recognized as a great place to work and build a career. Our employees share a sense of our job and a strong commitment to community service, inclusion and diversity, and eradicating childhood illiteracy.

KPMG is a global organization of independent professional service companies providing auditing, tax and advisory services. We operate in 147 countries and territories and employ more than 219,000 people in member companies around the world. Each KPMG company is a legally separate entity and describes itself as such.

KPMG International Limited is a private English company with limited liability. KPMG International Limited and its affiliates do not provide any services to clients. Some or all of the services described herein may not be permitted for KPMG audit clients and their affiliates or affiliates.

About SirionLabs

SirionLabs, the SaaS leader in Enterprise Contract Management (CLM), helps companies manage the entire contract lifecycle on a single, easy-to-use platform. Sirion’s AI-powered capabilities – from intelligent contract creation to automatic contract extraction to advanced commitment management and collaboration – enable companies to increase business speed and results, reduce risk, and increase revenue and savings on commercial contracts. SirionLabs is trusted by the world’s most successful companies for managing 3.5 million contracts worth more than 3.5 million $ 300 billion in over 100 countries.

More information is available at www.SirionLabs.com.

Eric Gonzalez
Media contact
VSC for SironLabs
[email protected]

This version was published via WebWire®. More information is available at http://www.webwire.com.

related links

http://www.SirionLabs.com

SOURCE SirionLabs