What do you like best about the product?

The key business benefits that SirionOne delivers to us are:
• All contracts under an easily traversable supplier hierarchy
• Transparency on obligations and obligation management across our strategic supplier base.
• Ability to check invoice against pricing, consumption, with system calculated discrepancy amounts.
• Tracking governance body meetings, related actions, and issues for resolution.
• Great BI dashboards that also allows drill-down to underlying data.

What do you dislike about the product?

The tool is quite extensive and requires some time and effort for familiarization.

What problems is the product solving and how is that benefiting you?

1. Visibility and control over contract tracking
2. Easy-to-use interface and dashboard that delivers information for faster critical decisions making.

What do you like best about the product?

Sirion is a great tool with lots of capabilities. The group was responsive each time we had a need or concern.

What do you dislike about the product?

Too many buttons to go through to submit a request.

What problems is the product solving and how is that benefiting you?

Tracking the lifecycle of a Contract and template use.

What do you like best about the product?

A streamlined and insightful management of contracts, allowing better structure and flow in the contract management.

What do you dislike about the product?

If not careful the flows could end up being too complex. Keep in mind user experience/value creation versus what the actual needs are of the company.

What problems is the product solving and how is that benefiting you?

Increase insights and risks in contract, decrease adminstrative work around contracts. At present time the project has not yet been finalised but an early evaluation points at more value from data.

Recommendations to others considering the product:

Implementing a platform such as Sirion is also a good way of rethinking your internal processes instead of adding up complexity. Allowing time in the project for internal optimisation and alignment of internal processes will be a good investment. Also consider poor data quality or lack of clean data will take some time internally to take care of.

What do you like best about the product?

Sirion will be a great tool to manage vendor relationships, from intake to vendor management. The focus on the entire management process beyond signature was appealing to our business partners, while the contract review, library, and AI features were appealing to our contract review staff.

What do you dislike about the product?

The tool is a big lift, and it might take our firm and teams some time to grow into all of its features.

What problems is the product solving and how is that benefiting you?

We plan to solve vendor management issues such as tracking various contract provisions and termination dates. We also intend to solve efficiency issues and provide reporting concerning the contract review process.

What do you like best about the product?

The dashboard views to monitor the status of obligations, the automated workflows to facilitate obligations, and the weekly notification alerts and reminders.

What do you dislike about the product?

It's a powerful and robust tool. User adoption in terms of ease of use. There's a learning curve getting familiar with the tool and understanding how to get the most out of all the available functionality.

What problems is the product solving and how is that benefiting you?

The Sirion tool provides an end to end solution for managing the vendor management framework.

What do you like best about the product?

Ease of use and professional timely support.
Dashboads and reports set up that allow for quick clear, at-a glance, display of detailed information.

What do you dislike about the product?

There is not much to dislike, the interface is intuitive and supports our daily activities

What problems is the product solving and how is that benefiting you?

By using Sirion, we have been able to ensure service delivery according to the agreements, reduce spend leakage as well as work with our suppliers to ensure that the services being delivered meet our business needs.

What do you like best about the product?

As a contract manager, I like the feature that allows me to view the full scope of upcoming and outstanding deliverables for every contract. All that information is readily available, and I can drill down to the specific deliverable and check with stakeholders on its status without ever leaving the tool to communicate directly to each person.

What do you dislike about the product?

The tool provides some tremendous operational dashboard reporting; the tool could have more robust senior-level dashboard reporting or perhaps some direct integration with Power BI or a similar tool.

What problems is the product solving and how is that benefiting you?

The contract management tool allowed us to automate and evolve the contract management services within our organization. The more contracts we can manage, the more controls and checks we have to mitigate risk and avoid billing leakage.

What do you like best about the product?

The ability to manage all the contract obligations in one place and in easy way, the felixibility of the tool is a big plus, also great customer support - SirionLabs has been a great partner for us during and post implementation. The support team has been responsive and never kept us waiting on our support requests. With such a complex implementation spanning users from various departments, we constantly relied on the SirionLabs team to help resolve teething issues. The robust escalation matrix with the top management also getting involved wherever needed and the commitment they showed towards solving all our issues as quickly as possible has been one of the main reasons in making this project a success for us. We have enjoyed working with them and would be happy to do so again.

What do you dislike about the product?

It took quite some time to get the whole team to understand the tool and start using it.

What problems is the product solving and how is that benefiting you?

Control over deliverables and manage contract obligations

What do you like best about the product?

It is a very effective centralized means to manage the overall life cycle of multiple contracts. Contract amendments, renewals, and steady-state deliverables can be tracked in detail, eliminating gaps. When you have a question about a vendor or their services and history, all the information is in one place.

What do you dislike about the product?

The meeting governance module has been challenging to implement.

What problems is the product solving and how is that benefiting you?

In a large strategic multi-year agreement with a vendor, there can be hundreds of contractual deliverables. Some unique, and others recurring. The challenge is tracking their delivery by the vendor and acceptance. The tool does this very effectively providing executives with trusted feedback. The number of deliverables that have been completed, are late, or are pending approval changes as they are actioned, in real time.

Managing hundreds of active contracts means there are always some in the process of being renewed, added, amended, or terminated. Sirion provides a framework showing what contracts are coming due, and storing detailed information about past contract activities. Again providing executives with trusted dashboards of current state of contracts under management.

What do you like best about the product?

In general:
SirionLabs is a complete and very professional Contract Life Cycle Management toolset, which gives you the possibility to look at data on all levels from a very detailed level, up to a level on which all data has been aggregated to a company management level. Very nice, clear and downloadable business intelligence dashboards and reports.

The six modules:
1) CONTRACT MANAGEMENT MODULE - with easy access to and visibility of the DOCUMENT REPOSITORY for all contractual documents, and the relationship between the documents
2) PERFORMANCE MANAGEMENT MODULE - with fully automated OBLIGATION & SERVICE LEVEL MANAGEMENT
3) FINANCE MANAGEMENT MODULE - used for INVOICE VALIDATION and/or automated BILLING FILE CREATION
4) COLLABORATION MODULE - with our INTERNAL RISK REGISTER and management of ACTIONS and GOVERNANCE MEETINGS
5) ADVANCED ANALYTICS MODULE - overlaying data from all other modules with highly customized BUSINESS INTELLIGENCE ANALYTICS, USER SPECIFIC DASHBOARDS and REPORTS
6) CONTRACT AUTHORING MODULE - today we are only using parts of the functionality in this very powerful module, i.e. CONTRACT CHANGE NOTES and REQUEST FOR SERVICES management

My journey with SirionLabs:
It started in March'20 when I was assigned the task to, locally in Sweden, programme manage the implementation of SirionLabs on Fujitsu Sweden's top-6 accounts, and significantly increase the usage of the system. The input consisted of a list of around 50 statements related to problems/needs/areas of improvements in the company's day-to-day work. We reached the goal by the end of the FY20. The successful outcome of the SirionLabs programme was achieved by analysing, categorising (in some 15 initiatives) and implementing solutions (some of them quite complex) to address all statements, presented in the needs analysis. Some of them very complex. Some initiatives required account specific solutions, while many were implemented as common initiatives for all 6 accounts, to ensure that aggregated data would give a standardised Business Intelligence view for Fujitsu Sweden’s senior management.

The people:
SirionLabs' Senior Account Director Sarah, the project management, technical implementation and support teams in India, and SirionLabs' executive management, have all been very professional, knowledgeable, responsive, timely and positive to work with.

Conclusion:
The extremely good and professional cooperation with the SirionLabs team was one of the key success factors for our programme. And the toolset itself is a complete, powerful, stable and secure solution for managing the customer contracts from end-to-end. We have completed a great overall experience journey together!

What do you dislike about the product?

It takes long time to get familiar with, understand and get the most out of all the functionality in this packed toolbox

What problems is the product solving and how is that benefiting you?

Please, see above!

Recommendations to others considering the product:

You will meet a very committed and professional team to cooperate with, if you choose SirionLabs as your Contract Life Cycle Management tool!