The session covers how Aavenir Contractflow, built on the ServiceNow® platform, enables enterprises to boost efficiency across contract authoring, negotiation, and the full contract lifecycle, and manage pre- and post-award contract risk.
In this session, you will discover how you can extend ServiceNow capabilities and maximize your ServiceNow ROI by seamlessly connecting data, processes and insights between Aavenir Contractflow and ITSM, GRC, LSD, PSM and other applications - all with Low-code/No-code integrations. Learn how you can elevate the value you are already realizing from your ServiceNow applications with Aavenir’s Connected Contract Management experience!
Session Speakers:
Jesal Mehta, CEO and Founder, Aavenir
John Distasio, Principal Solution Consultant, Aavenir
Aavenir offers source-to-pay applications natively on the ServiceNow platform. Starting from the left, we handle RFP management. If you're launching an RFP, inviting suppliers, managing their responses, evaluating the supplier responses, and sending them to your evaluation teams, we cover the entire evaluation workflow and awarding the bid to your supplier.
We also assist in onboarding the supplier to your platform, creating contracts, and then managing obligations and invoice management using our proprietary AI. This source-to-pay application seamlessly complements ServiceNow's procurement service management.
We've been on the ServiceNow platform for four years, specializing exclusively in ServiceNow applications. Today, we'll focus on contract lifecycle management. How many of you deal with contracts? Quite a few, right? And how many of you have struggled to find a contract in the middle of the night? It's a common problem. Many times, the contracting process slows down your procurement or deals because it takes a long time. That's the feedback we've consistently received from our customers and prospects.
Over the past 20 years or more, we've witnessed different incarnations of technologies, yet the pain points remain the same. As shown on the screen, many customers have thousands of contracts scattered on SharePoint or someone's hard drive. Searching for a specific contract or filtering contracts based on criteria such as location or contractual clauses can be challenging.
