SirionLabs Named Gold Medalist and Leader in 2022 Contract Lifecycle Management Data Quadrant SoftwareReviews

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SEATTLE–(BUSINESS WIRE)–SirionLabs, a global leader in AI-powered contract lifecycle management (CLM), today announced that it has been recognized as the top CLM vendor in SoftwareReviews’ 2022 Contract Lifecycle Management Data Quadrant report, a division of computer research and consulting firm Info-Tech Research Group.

Each year, SoftwareReviews’ annual Data Quadrant reports recognize outstanding software vendors in the technology market, as rated by users. Eleven products were evaluated in its 2022 Contract Lifecycle Management Report, with end users providing satisfaction scores on software capabilities, product features, likelihood to recommend, and vendor experience. This score is a powerful indicator of overall customer sentiment towards the vendor and its product – all from the perspective of software users. Because it focuses on first-hand feedback and insights from real-world users, this report is an ideal resource for potential CLM buyers to determine the right product for their organization.

SirionLabs received the gold medal as the first CLM supplier. It was ranked as most likely to be recommended and received the highest scores in the majority of categories representing both vendor experience and capabilities as well as product features and satisfaction, including:

  • Creation of business value

  • Supplier Support

  • Product strategy and improvement rate

  • Contract drafting and clause management

  • Bond management

  • Integration and Workflow

SirionLabs’ CLM platform, SirionOne, harnesses the power of AI to streamline the entire contract lifecycle, from contract drafting and negotiation to performance and compliance management, for all types of contracts of business. SirionOne excels in digitizing legacy contracts, automating the legal review and negotiation process, and enabling advanced risk assessment and analysis across the entire contract portfolio.

“SirionOne is the only CLM platform that provides insights at every stage of the contract lifecycle,” said Rajeev Kumar, chief revenue officer at SirionLabs. “User experience has always been at the heart of our product philosophy. We’re thrilled to be recognized as a category-leading CLM by the SoftwareReviews 2022 End-User Focused Data Quadrant for CLM.

This announcement adds to SirionLabs’ impressive list of analyst recognition. In 2022, SirionLabs was named a Value Leader in Spend Matters’ Spring CLM SolutionMap for the ninth consecutive time. In 2021, SirionLabs was ranked a Leader in the Forrester Wave for CLM, positioned as a Visionary in the Gartner Magic Quadrant for CLM, and was named a Leader in IDC MarketScape for Buy-Side CLM Applications as well as IDC MarketScape for CLM Software for Legal of Company. SirionLabs was also ranked among the fastest growing companies in North America on Deloitte’s 2021 Technology Fast 500™ list, named to Fast Company’s Most Innovative Companies list and certified as a Great Place to Work.

Download the full report here.

About SoftwareReviews

SoftwareReviews is the most in-depth source of data and buyer information for the enterprise software market. By collecting customer experience data from IT and business professionals, the SoftwareReviews methodology produces detailed and authentic insights into the enterprise software review and purchase experience.

About Sirion Labs

By bringing together cutting-edge innovation, unparalleled expertise in contract lifecycle management, and a deep commitment to customer success, SirionLabs helps the world’s leading companies contract smarter. Powered by uniquely connected intelligence across the contract lifecycle, SirionLabs’ easy-to-use and highly configurable Smarter Contracting platform brings together legal, procurement, sales and commercial teams to draft stronger contracts, improve risk management and strengthen relationships with counterparties. More than 250 industry-leading organizations, including Vodafone, Unilever and Allianz Global Investors, trust SirionLabs to manage more than 5 million contracts worth over $450 billion in more than 70 countries. For more information, visit www.sirionlabs.com.

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