Meet Team Aavenir, a diamond sponsor, at ServiceNow Summit: Boston to discover how enterprises like yours are modernizing contract management processes with the AI-enabled Aavenir solutions built on ServiceNow.
Every single contract obligation you miss is putting your business at risk.
Use AI to auto-discover key contract obligations and fulfill them on time using a digital workflow. Increase compliance, save time and reduce business risks with Obligationflow!
Stay one step ahead in your industry with cutting-edge technology.
Aavenir Obligationflow leverages the latest Machine Learning and Natural Language Processing technologies for single click obligation data extraction, obligation tasks creation, and obligation fulfillment workflow for relevant stakeholders.
OBLIGATION FULFILMENT Tasks
Automatically extract terms, clauses, and key obligations from contracts & turn them into tasks.
On-board contracts in any format
Quickly import all active legal, HR, Finance, IT, Sales, and Procurement contracts from Aavenir Contractflow or any other CLM system. Extract obligations from all contract formats—PDFs, Word files, and even scanned images.
Analyze the auto-extracted obligations
Identify and categorize contractual obligations like SLAs, payment milestones, delivery timelines, etc. with the click of a button with our purpose-built AI engine.
Auto-extract obligations
Validate the auto-discovered obligations, make edits and get started on your obligation fulfilment process.
Approve obligations
Validate the auto-discovered obligations, make edits and get started on your obligation fulfilment process.
Prioritize obligation fulfillment tasks
Let our system break down every obligation into scheduled tasks, whether one-time, recurring or triggered.
Obligation fulfilment workflow
Assign clear ownership for obligation fulfillment tasks with an efficient workflow engine.
Assign stakeholder(s) for an obligation fulfillment task
Assign tasks and KPIs to your employees and know who is responsible for what.
Automate reminders
Get automated email reminders to take actions on your obligations right on time.
Get alerts on expiry dates
Configure alerts to stay up to date with contract expiries and renewals and eliminate unplanned renewals.
Deliver on obligations
Cultivate better relationships by meeting SLAs, service deliveries and complying with agreed pricing discounts.
Obligation Analytics and InsightS
Get a single view of all contractual obligations & know where your obligation compliance.
View obligation tasks status by owner
See all pending, completed, in-progress, and closed obligation tasks by owner, and keep your employees accountable. Analyze the status of efforts and identify bottlenecks before they hurt your business.
Monitor obligations by type
View your obligations and compliance statuses based on vendor, category, geography, business unit, priority, etc.
Auto-extract obligations
Re-evaluate the non-performing terms and rates and enhance contract language to be more beneficial.
Track obligation performance
Make sure your vendors are following all SLAs / KPIs that are mentioned in the contract. Re-evaluate the non-performing terms and rates and enhance contract language to be more beneficial.
Reduce Business Risks
Get reports on all rejected and overdue obligations and find the problem areas. Reduce chances of overpayments and overpricing due to non-compliance.
Aavenir Obligationflow helps you achieve
70%
faster obligation identification cycle
35%
cost savings with centralized obligations fulfillment
71%
Improvement in compliance
Better Supplier Relationships
Increased Contract Value
Reduced Revenue Leakage
Extra Time Saving
Why Aavenir
We've been in the Source-to-Pay industry for 25 years. We understand your problems, and we're here to solve them.
Built on ServiceNow
We know how complex adopting a new software across the organization is, that's why we've built Aavenir on the ServiceNow enterprise cloud platform.
Cutting-edge AI
Automation is the future—and we're the ones building it. Our best-in-class AI automates manual tasks for a fraction of the cost and in half the time.
Fully configurable
We offer countless out-of-the-box configuration options that help you implement the solution to your specific business needs. We're rooting for your success and are always around to help!
Built on 25 years of experience
We understand your problems because we’ve been there. We’ve built a solution that’s easy for your whole team to adopt and powerful enough to transform .
Frequently asked questions
Do I need to purchase both Contractflow and Obligationflow for this to work?
No, both of our tools are stand-products that work perfectly independent of each other.
You can import contracts from any system into Obligationflow and build a fulfillment workflow. However, Contractflow and Obligation flow can be leveraged together to give you high-visibility across your entire contract management process!
How many tasks can I create for each obligation?
You can create as many tasks as you need to successfully complete your obligations—the system does not impose any limit on the number.
What format do the contracts need to be to extract obligations?
Obligationflow can discover obligations from contracts in any format, from PDFs and scanned images to Word files.
Will it work with non-quantifiable obligations?
Get an overview of all the essential contract metrics in one glance with a visual, user-friendly dashboard.
How long does it take to deploy Obligationflow?
Get an overview of all the essential contract metrics in one glance with a visual, user-friendly dashboard.
Extend your ServiceNow platform capabilities to do more with certified apps.
Store all data on your secure Now platform®
Use the same single sign-on for Now Platform
Integrate with ServiceNow apps and existing systems
Disclaimer: All trademarks, logos and brand names used in the website aavenir.com are the property of their respective owners. All company, product and service names used in this website are for identification purposes only.
Meet Team Aavenir, a diamond sponsor, at ServiceNow Summit: Boston to discover how enterprises like yours are modernizing contract management processes with the AI-enabled Aavenir solutions built on ServiceNow.