Featured Blogs
Top 7 Trends Shaping the Future of Sourcing & Procurement Beyond 2021
The world of procurement & sourcing has undergone tremendous changes from the past couple of years. It is now time to look at what 2021 has in store. Learn about the Top 7 mega-trends that’ll rule sourcing & procurement 2021.
Accelerate Legal Service Delivery with Aavenir Contract Lifecycle Management
Know how legal service delivery together with Aavenir contract lifecycle management on ServiceNow can be a potent game-changer for organizations that are in the quest for legal digital transformation using Legal Tech.
5 KPIs That Drive Accounts Payable Performance
To identifying bottlenecks and maximize the efficiency of the accounts payable department, companies should define Key Performance Indicators (KPIs) for the AP department. Read this blog to find 5 KPIs almost every account payable department should be reviewing.
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- Contract Management
- Invoice Management
- Obligation Compliance
- RFX Management
- Source-to-Pay
- All
- Contract Management
- Invoice Management
- Obligation Compliance
- RFX Management
- Source-to-Pay
Managing IT Vendor Invoices on ServiceNow
Learn how you can manage IT vendor invoices promptly and accurately to maintain good relationships with suppliers.
3 Features to Consider For Your RFP Software
Now that you know what your sourcing team needs in order to thrive, it’s time to prioritize RFP software features. So, before buying an RFP solution consider these three key feature factors.
What are Agile Contracts?
Not sure about what is agile contracts and their types? Read in-depth regarding agile contracts and how it benefits business.
Optimising Contract Management in Retail Business
Know how retailers can link their current challenges in contract management processes with an effective contract management program.
What is 2-way & 3-way matching?
Learn what is a 3 way match and 2 way match which helps to save businesses from overspending or paying for an item that they did not receive.
Solving Accounts Payable’s Biggest Challenge with Automated Invoice Extraction
Learn how Invoice Data Extraction can help AP in automating invoice scanning, processing and reduce time, effort, and cost spent in manual data entry
What are the 4 Big Challenges with Analysing Unstructured Invoice Data?
Unstructured Invoice data accounts for more than 80% of the organizational data. Identify the challenges involved in analysing the data to reap business rewards.
Steps to Implement AP Automation in Your Organization
Learn how to devise a road map for AP Automation and improvements in your AP processes by using an AP Maturity Model.
Mitigating Supply Chain Risks from Cyber Attacks
How secure is your supply chain? Do you even know what cybersecurity risks your suppliers are creating?
3 Win-Win Strategies to Negotiate with Powerful Vendors
Discover how to handle complicated, high-level business negotiations with vendors in this blog. Learn about the Top 3 Strategies to handle negotiations.
Contract Negotiation and Redlining using Microsoft Word Plugin
Leverage Contractflow’s enhanced contracting capabilities along with MS Word’s contract review & authoring functions.
Managing COVID-19 Vaccine Distribution Chaos with Contract Management
Rolling out COVID-19 vaccines worldwide will be pretty chaotic from the point of distribution and managing contracts between nations.Read the blog to know more.
Top 5 Bad Practices to Avoid in Order to Better Manage Contractual Risk
List of five bad practices which managers should take care while reviewing and negotiating contracts to eliminate risks.
The Advantages of A Well Managed Supplier Relationship
What are some of the benefits of supplier relationship management? The key advantage of strong, healthy supplier relationships is that you can gain better value for your business.
General Ledger in Accounts Payable
The general ledger tracks all of a company’s accounts and transactions and serves as the foundation of its accounting system. Comprehend the importance of the general ledger.
Managing Vendor Relationships Effectively
Discuss the best ways to manage vendor relationship and how long-term relationships with vendors can be integral to your success.
Top 7 Trends Shaping the Future of Sourcing & Procurement Beyond 2021
The world of procurement & sourcing has undergone tremendous changes from the past couple of years. It is now time to look at what 2021 has in store. Learn about the Top 7 mega-trends that’ll rule sourcing & procurement 2021.
A Roadmap to Vendor Management from Source to Contract
Not all vendors have the same relationship with the organization. Here’s all you need to know about how to create a definitive vendor management process from source-to-contract.
3 Key Challenges in Managing Contract Obligations
Learn key challenges in contract obligation management and how does it impact the performance of the supplier, customer, and partner contracts.
Unlock the True Value of Contracts: Obligations Compliance Tracking
Explore an AI-enabled Automated contract obligations data extraction, compliance, and tracking approach to realize the true potential of the supplier, customer, and partner contracts
Accelerate Legal Service Delivery with Aavenir Contract Lifecycle Management
Know how legal service delivery together with Aavenir contract lifecycle management on ServiceNow can be a potent game-changer for organizations that are in the quest for legal digital transformation using Legal Tech.
6 Reasons to Consider Automating Accounts Payable Invoice Processing
AP automation offers benefits such as improved invoice data entry speed, enhanced accuracy, complete visibility into AP department performance. Read a blog to find more.
5 KPIs That Drive Accounts Payable Performance
To identifying bottlenecks and maximize the efficiency of the accounts payable department, companies should define Key Performance Indicators (KPIs) for the AP department. Read this blog to find 5 KPIs almost every account payable department should be reviewing.
What is Strategic Sourcing ? – A Critical Element for Supply Chain Success
Understand some of the key elements of supply chain success such as Category Management, Needs Assessment, Cost Analysis, Forecasting, Market Research, Analytics, Supplier Management.
Manage Business Risks and Obligations using Contract Management Software
Companies need to digitize contracts so important information like obligations, pricing, rebates, and contract expiries can be automatically extracted and tracked for 360-degree visibility.
Why IT leaders choose Unified Platform as a Strategy
With a profusion of multiple applications, organizations struggle to manage inconsistent data, costly maintenance and complicated infrastructure, mandatory regulatory changes. Read this blog to understand the advantages of unified platform.
The Future of Procurement: Modernizing How Companies Buy
The future of procurement will focus on improving business process continuity between departments with supporting technology to drive cross-department workflows and automation, driving a significant impact on the cost and time efficiency of how S2P is executed.
Closing the Gap: Procurement and Accounts Payable
Despite performing a 2-way/3-way match, most organizations face continuous rising of invoice processing inefficiencies due to lack of visibility into the complete source-to-pay cycle. Take a modern approach to accounts payable with 4 simple steps.
5 Reasons Why Enterprise Must Manage Contract Templates using a CLM Software
A contract should not take countless hours to create, review, and negotiate. Get to know how an easily accessible contract template library within the CLM software such as Aavenir Contractflow can benefit the enterprise.
Sourcing and RFP management in New Normal
To ensure reliable sourcing operations in any pandemic situation like COVID-19, organizations can leverage RFP software to build a new supplier base, improve communication of procurement needs to external suppliers, and manage spends.
CLM Maturity Levels for Successful CLM Software Adoption
Every organization should adopt the Crawl-Walk-Run approach for CLM Journey. Let’s deep-dive further on how organizations can adopt CLM implementation.
Top 7 features of Accounts Payable solution to automate Invoice processing
Businesses that are looking forward to investing in the Accounts Payable system should consider 7 key features to achieve higher invoice processing accuracy, better cash management, and eventually bottom-line gains.
What is Contract Lifecycle Management (CLM)?
Contract Management is about managing enterprise relationships, KPIs and associated risks, to ensure obligations are met.
3 Ways to Prepare Supplier Questionnaires
A well-defined supplier questionnaire can improve supplier response rate and supplier selection. Read the best practices for creating supplier questionnaires that translate sourcing needs into buying criteria.
Best Practices: Automating Invoice Approval Process for PO vs. Non-PO Invoices
From invoices collection and entering invoice data to approvals and payments – each step in the accounts payable has its own challenges. Take a peek on how AI-powered invoice data capture and processing on can optimize AP processes.
How are Contracts impacted in the COVID-19 era?
Are you wondering how and what sorts of clauses would you include in your contracts to guard against COVID-19 global crisis? Force Majure? Supplier Risk? Find a way to respond.
3 Ways AI can optimize vendor invoice processing
From invoices collection and entering invoice data to approvals and payments – each step in the accounts payable has its own challenges. Take a peek on how AI-powered invoice data capture and processing on can optimize AP processes.
How to Automate Procurement and Purchasing RFP process on ServiceNow ?
Streamline time-consuming supplier evaluation activities from excel sheets and email inboxes into a single repository with automated milestone-based RFP process workflows and audit trails on ServiceNow
What is RFI, RFQ, and RFP: Designing an RFX-based Procurement Process
RFIs, RFPs, RFQs help reduce bad trade-offs, improve savings and streamline strategic procurements for enterprises of all sizes. The article explains how RFX-driven procurement process works.
What is RFPflow?
Learn how effective RFP solution can resolve the procurement challenges and delivers immediate ROI.
Mastering IT Contracts Management: Tips to optimize IT vendor management using ServiceNow
Learn more about IT contracts, key terms and conditions used in IT contracts and why IT and legal should collaborate to manage IT contract better.
How to align supplier performance management (SPM) with contract performance management (CPM)
Is our supplier performing well ? Read a blog to learn how contract management can improve supplier performance KPIs.
Is economy slowing down? Blame it on Vendor Late Payments!
Can delayed payments to your vendors impact the slowing economy? Read ahead to understand about the complexities in vendor payments.
10 clauses that can improve CCPA compliance in Vendor Contracts
A list of 10 contract clauses that impacts the CCPA. Read further to understand – how CCPA is changing procurement and road ahead.
Realize what’s possible with the Aavenir Account Payable Automation Solution
A no-brainer explanation on how Aavenir AP Automation solution makes future of work possible with its fitment, use cases and advanced technology.
AI-enabled Accounts Payable on ServiceNow for Zero-touch Invoice Processing
The complete AP Automation solution featuring the most advanced invoice extraction, validation using AI and payment workflow on the NOW platform.
Artificial Intelligence in Contract Lifecycle Management (CLM) – Momentum and Maturity Model for Success
Many of us are aware about the ML & AI but we are yet to unleash the full potential of what AI has in store for many different use cases.
Let the Contract Managers be Your True Coaches
When momentum is on your side and you are winning the game of soccer, do you want your coach to slow down the game or just let you play according to pre-determined plays?
10 essential features of the best Contract Management (CLM) software
Unless you are living under a rock, you would have noticed that adoption of Contract Lifecycle Management (CLM) software is gaining considerable momentum across many industries.
A Match Made in Heaven: Aavenir Contract Management (CLM) Solution Meets ServiceNow
Aavenir CLM aims to unlock the productivity of legal team and accelerate the procurement and sales deal velocity for employees across enterprises using ServiceNow, a world’s leading unified digital workflow platform.
Herald a New Era of Enterprise with Aavenir
See Aavenir’s enterprise application suite in action and make an informed decision, today.