What is Aavenir?
Aavenir is a SaaS-based Source-to-Pay software provider, driving the future of work in the most important processes for any enterprise – sourcing management, contract lifecycle management, purchase order management, and accounts payable automation. Led by the enterprise technology experts having 25+ years of procure-to-pay domain experience, Aavenir’s S2P solutions transform the complete procurement experience, reduce cycle time, eliminate manual tasks, keep all stakeholders informed, and ultimately reduce the cost. For more details, visit www.aavenir.com
Aavenir ContractFlow is an intelligent Contract Lifecycle Management Software for enterprises to create and manage bilateral contracts for procurement, sales, services, legal, NDA, HR or any other type of internal and external enterprise operations.
From creation, through negotiation to e-signature, renewals, and beyond, Aavenir ContractFlow provides a perfect way to manage contracts in a centralized, secure and full-text searchable contract repository. Build-on ServiceNow®, the world’s most advanced enterprise workflow Platform, Aavenir ContractFlow offers the world’s most advanced workflow to foster collaboration between legal, suppliers, customers, partners, and employees without sending emails back & forth while keeping everyone informed.
AI-enabled Aavenir ContractFlow helps standardize contract language, reduce legal dependency, accelerate review cycles, and speed up time-to-signature.
Gain full visibility across the entire contract lifecycle
Reduce operating and regulatory, legal, compliance, and security risk
Accelerate contract processing time to improve deal closure timeline
Standardize contract language and processes
Capitalize on existing ServiceNow infrastructure
Built on the industry-leading ServiceNow platform, Aavenir ContractFlow solution offers unique features like:
Powerful Contract Configurator: Quickly author any type of contract by leveraging contract templates. Also, create custom contract templates and custom auto-fill fields using the configurator
Legal and Regulatory Playbooks: Drag and drop pre-built contract templates with multi-language support. Playbooks for primary, alternate and fall back clauses to standardize and accelerate the contract-creation process
**Secure and searchable cloud storage: Access and manage contracts in the secure cloud-based repository
Customizable Contract Processing Workflows: Share and execute a contract on ServiceNow workflow platform, define rules-driven conditional approvals that support add comments, annotations to files, alerts
Contract Audit and Compliance: Meet increasing regulatory compliance requirements by the ready-to-audit contracting process, showing “who-what-when” for every contract action
Contract Renewals and Termination: Be proactive by always monitoring contract expiration. Also, schedule and automate contract renewals
Video link: https://www.youtube.com/watch?v=7cGHUFTAk2k
For reference - https://www.capterra.com/p/193858/Aavenir-Contract-Management/
For APA reference- https://www.capterra.com/p/194219/Accounts-Payable-Solution/