Managing End-to-end Contract Lifecycle using AI & Workflows

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Presented by

Russell Seifert, Vikram Chakrabarty

About this talk

Poor Contract Management Costs Companies 9%! 2021 is the year of change, especially in contract management with rapid shifts to the business landscape and marketplace. You would expect intense scrutiny of existing contractual obligations, and the need to coordinate complex contract review and negotiation across teams working remotely. As a ServiceNow customer, you can quickly start managing the end-to-end contract lifecycle on your existing ServiceNow subscription using Aavenir Contractflow, a Now Platform certified CLM app available on ServiceNow Store. Aavenir Contract Lifecycle Management Software makes commercial contracts interactive on ServiceNow, giving you the power to deal with the challenges faced because of the static contracts. Hear from Vikram Chakrabarty, Product Expert, and Russell Seifert, Account Executive at Aavenir talking about why ServiceNow customers should bring CLM on ServiceNow. The session will also cover the LIVE CLM solution demo showcasing Aavenir Contractflow and Aavenir Obligationflow on ServiceNow. What is covered in this webinar? -Why should you bring a CLM solution to ServiceNow? -Difference between legal service delivery and contract lifecycle management -How to gain real-time visibility of enterprise-wide contracts -A smarter approach to manage contractual obligations using Aavenir Obligationflow -LIVE DEMO: Aavenir Contractflow on ServiceNow

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Aavenir’s next-gen Source-to-Pay suite revolutionizes age-old procurement processes by using the latest Machine Learning and Natural Language Processing technologies to reduce cycle time, yet offering insightful best practices suggestions based on historical data. For example, Aavenir’s Contractflow - Contract Lifecycle Management (CLM) product solves the hardest text analytics problems for risk and obligation management while Invoiceflow - Accounts Payable (AP) automation product solves multi-vendor invoice data extraction and processing problems by harnessing the power of AI & ML technologies. Aavenir SaaS-based source-to-pay solutions are powered by the most advanced cloud-based ServiceNow platform that is delivering unified digital workflows to create great experiences and unlock productivity for approximately 5,400 enterprise customers worldwide, including Fortune 500 companies. We deliver the future of work! We know that the future of work is changing and we want to be at the forefront of it. Founded in 2019 by experts having more than 25 years of experience in the S2P industry, Aavenir is a start-up that’s growing fast and headquartered in the USA with an office in India. For more information, please visit www.aavenir.com.