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Odd Lots

The ROI Rules of AI: Sirion's Legal AI (Sponsored Content)

Odd Lots

Bloomberg

News, Investing, Business, News Commentary, Business News

4.41.6K Ratings

🗓️ 13 October 2024

⏱️ 10 minutes

🧾️ Download transcript

Summary

What if your contracts could be a roadmap to running your business – the first step in managing your relationships with your suppliers and clients? That’s the function of Sirion, a contract lifecycle management software for in-house legal departments. This episode of The ROI Rules of AI explores how Sirion has recently been upgraded with generative AI functionality designed to make it something the whole company can use, not just its legal staff. This episode is sponsored by IBM.

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Transcript

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0:00.0

Since you're a subscriber to this Bloomberg Podcast, we thought you'd be interested in a new

0:07.1

four episode sponsored podcast called The ROI rules of AI.

0:12.8

Produced by IBM and Bloomberg Media Studios,

0:16.2

it explores how business leaders are thinking about

0:18.8

the return on investment of artificial intelligence projects.

0:23.0

You can subscribe wherever you listen to your favorite podcasts.

0:27.0

Here's a recent episode.

0:30.0

If your company is like most, after a contract is negotiated and signed,

0:35.0

congratulations. It gets filed away in the lawyer's office.

0:39.0

Not to be consulted again until it has run its course and needs to be renewed.

0:45.0

But what if your contracts could be a roadmap to running your business?

0:51.0

The first step in managing your relationships with your

0:54.4

suppliers and clients.

0:57.0

That's the function of Syrian, a contract life cycle management software for in-house legal departments.

1:04.2

It's recently been upgraded with generative AI functionality designed to make it something the whole

1:09.2

company can use, not just its legal staff. It gives you real-time information on how to run your

1:15.4

business and gives you the insights you need to pivot so that you can make the

1:19.4

best decisions with the best data at the right time. That's Gordon Thompson, Sirion's Executive Vice President of Presales and Business Strategy.

1:28.0

He and his colleagues are planning a future where contracts are integrated into a company's day-to-day operations.

1:35.0

From IBM and Bloomberg Media Studios,

1:39.0

this is the ROI rules of AI,

1:42.0

and I'm your host Edward Adams. On this

...

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