MCKINNEY, Texas, December 10, 2025 – Aavenir, a trusted provider of AI-powered Contract Lifecycle Management (CLM) and Source-to-Pay (S2P) solution provider built natively on ServiceNow, today announced its recognition among the ProcureTech100 2025/26 Pioneering Digital Procurement Solutions. Aavenir is named as one of the top Procurement Tech Innovators of 2025/26 in the Source-to-Pay category, alongside major enterprise market innovators such as Coupa, Zycus, and Ivalua.
The recognition underscores Aavenir’s industry momentum and its growing impact on the modernization of procurement, contract operations, and invoicing for global enterprises. Organizations across industries – including energy, healthcare, government, manufacturing, and financial services – increasingly turn to Aavenir to digitize contracting, automate supplier collaboration, orchestrate obligations, and streamline invoice processing at scale.
“Our inclusion in the ProcureTech100 reinforces the value and vision behind our mission,” said Jesal Mehta, Founder & CEO at Aavenir. “We’re reimagining the way organizations create, negotiate, execute, and monitor contracts. Not as static documents, but as dynamic business assets that govern relationships, commitments, and economic outcomes. This recognition reflects our customers’ belief in that philosophy.”
Aavenir’s Breakthrough in the Source-to-Pay Category
Built on the ServiceNow platform, Aavenir drives process excellence in RFP management, vendor onboarding, contracting, obligation monitoring, and accounts payable automation; creating a connected lifecycle that strengthens visibility, compliance, and commercial impact.
Enterprises use Aavenir to:
- Accelerate RFx execution with guided collaboration and data-driven evaluations
- Reduce contract cycle times through AI-powered clause deviation detection and automated negotiation workflows
- Ensure regulatory and commercial compliance with robust obligation tracking
- Digitize invoice processing with self-learning AI and exception automation
- Unify procurement, legal, and finance teams on a single experience layer
“As enterprise procurement evolves beyond transactions into compliance, risk management, and performance orchestration, organizations are turning to platforms that embed governance into everyday workflows,” said Sunil Masand, SVP & Head of Product. “That is exactly what Aavenir enables: intelligent execution without adding administrative burden.”
About the ProcureTech100 Recognition
Now entering its fifth year, the ProcureTech100 program transitions under the stewardship of Art of Procurement, elevating its practitioner-led, insight-driven positioning. Rather than a vendor showcase, this year’s cohort represents one of the most grounded assessments of digital procurement capability, informed by:
- Peer feedback from procurement leaders
- Real-world implementation outcomes
- Technology performance and scalability
Aavenir’s selection reinforces both its innovation trajectory and its real-world impact in simplifying complex Source-to-Pay processes.
Inside the 2025/26 ProcureTech100 Yearbook
The 2025/26 ProcureTech100 Yearbook brings together solution profiles, real-world insights, and emerging trends shaping procurement’s future.
It serves as a strategic guide for CPOs, CIOs, finance leaders, and digital procurement architects.
Readers will find:
- Provider profiles to understand solution strengths and value delivery
- Trend insights shaping the next decade of procurement transformation
- Practical perspectives on AI adoption, process orchestration, data quality, supplier intelligence, and maturing operating models
- A practitioner-informed lens for navigating a rapidly expanding and fragmented tech ecosystem
Whether organizations are modernizing their tech stack, refreshing their digital roadmap, or evaluating innovation investments, the Yearbook is positioned as essential reading for leaders driving procurement change.
Aavenir is honored to be featured within the Source-to-Pay category, showcasing our contribution to innovation in contract management and procurement workflows.
Download the Yearbook to explore Aavenir’s profile alongside industry insights: https://artofprocurement.com/procuretech100-2026
About Aavenir
Aavenir is a trusted provider of Generative AI Contract Lifecycle Management (CLM) solutions. Built on the ServiceNow platform, Aavenir delivers RFP management, vendor onboarding, and contract management applications that optimize and strengthen visibility and compliance across Source-to-Pay and Lead-to-Cash processes. With automation-first design and practical AI, Aavenir helps enterprises improve commercial outcomes, accelerate business cycles, and scale governance across legal, procurement, and finance.
Learn more at www.aavenir.com
