Business Wire



Supplier Governance Pioneer SirionLabs to Sponsor and Present at ProcureCon IT Europe 2015

SirionLabs, the premier SaaS provider of governance products for buyers of complex services, today announced that they are a sponsor and a featured presenter at ProcureCon IT Europe 2015 to be held in Amsterdam, The Netherlands from November 24–25. ProcureCon IT Europe is a prominent two-day peer-led event that brings together experienced IT procurement professionals from Europe’s top IT spending organizations to discuss best practices for strengthening relationships with suppliers, managing contracts and forecasting IT sourcing trends.

Vestas Wind Systems’ Senior Director of IT Sourcing, Henrik Krarup-Stefansen, will be leading a presentation on “Technology in supplier management : Emerging Trends”  along with Claude Marais, President – SirionLabs.

The number of enterprises sourcing IT services from external providers has increased exponentially in the last decade. Further, the increase in multi-sourcing has substantially added to the complexity of such engagements. As a result, “traditional, manual supplier management approach is no longer effective in today’s IT sourcing environment resulting in significant value leakage,” said Claude Marais. “Sirion helps organizations address this challenge through automation of key supplier management disciplines including contract, performance, financial, risk and relationship management,” he added.

About SirionLabs

SirionLabs is the leading provider of enterprise SaaS products focused on the post-signature management of complex services contracts.

SirionLabs’ proprietary suite, Sirion, significantly reduces the cost of supplier governance function by automating complex procedures across key governance disciplines – contract, performance, financial, relationship and risk management. Its embedded workflows facilitate intricate real-world buyer-supplier interactions within the system by using contractual obligations as the core language. The high level of process automation cultivates trust, transparency and authenticity in sourcing transactions leading to strengthened buyer-supplier relationships, reduced value leakage, enhanced compliance and deeper insight into performance levels.

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Devinder Jeet Singh
General Manager – Marketing



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