Strategize eSourcing & Manage All RFPs, RFQs, RFIs with AI + Digital Workflows

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Presented by

Jesal Mehta - CEO

About this talk

Strategic sourcing can save up to 30-50% of organizations’ costs. Organizations that do not invest in the procurement team’s capabilities often end up with higher and complex spending. With higher complexity, sourcing executives focus on efficacy in sourcing governance and leverage value creators such as centralization, process standardization, and resource arbitrage. Join Jesal Mehta, Founder and CEO of Aavenir to learn how RFPflow can help procurement teams to collaborate for preparing, managing, and evaluating RFPs across department silos. In this 30-min group demo, Find out how your procurement team can use RFPflow to: - Proactively accelerate Source-to-award cycles with sourcing workflows and alerts - Manage and evaluate RFP vendor responses on ServiceNow while collaborating via MS-Word - Centralize supplier queries, templates, RFPs in a secure and full-text searchable repository

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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.