Managing Contracts and Obligations on ServiceNow – Aavenir’s Virtual Session at ServiceNow Knowledge 2022
Enterprises struggle to manage numerous vendor and customer contracts, and related contractual obligations, exposing them to significant business risk.
In this session, learn how to use the ServiceNow platform to manage your contracts and contractual obligations.
This session is for IT, Legal, Procurement and Compliance Teams focused on:
- Creating and managing contracts, using templates, with clear performance metrics
- Identifying obligations, managing obligation tasks, and tracking obligation fulfillment
- Developing insights into negotiable terms
- Managing vendor relationships and performance compliance
Join us virtually for ServiceNow Knowledge 2022 to explore how enterprises can manage end-to-end contracts using ServiceNow with AI & Digital Workflow. We have an on-demand session where companies like yours can streamline sourcing and procurement workflows using the advanced Aavenir products.
Using Aavenir Built on NOW apps like Contractflow, Invoiceflow, Vendorflow, RFPflow, and Obligationflow, enterprises can maximize ServiceNow investments and capabilities to unlock productivity, seize competitive advantages, and strengthen the employee, supplier, and customer relationships.
Don’t forget to invite your colleagues.
To learn more or view the event agenda, please visit the Knowledge 2022 event website to register.
About Aavenir Solutions
Request for Proposal Management Solution
- Accelerate RFP Authoring
- Execute Collaborative Vendor Sourcing
- Side-by-side supplier score comparison to identify best-value suppliers
- Risk assessment and clause recommendations powered by Machine Learning (ML) & Natural Language Processing (NLP)
- Create and manage template and clause libraries
- Generate contract documents through the conditional assembly
- Execute contracts using secure e-Signature integration
Supplier Onboarding and Vendor Management Solution
Aavenir’s engaging Vendor Management Solution can simplify end-to-end vendor management from supplier selection to offboarding with a centralized vendor portal on the ServiceNow platform.
- Automate and optimize vendor onboarding
- Overcome collaboration inefficiencies
- Adhere to regulatory requirements
- Deliver a delightful experience across the vendor lifecycle
Contract Obligation and Compliance Management Solution
Aavenir’s out-of-the-box Obligation Management Solution 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.
- Import contracts from either Aavenir Contractflow or your own CLM system/ERPs
- Automatically capture obligations from your contracts
- Define workflows and tasks and fulfill obligations with automated alerts
- Comply with all contractual obligations and reduce legal, financial, strategic, and operational risks
Accounts Payable Automation (APA) Solution
Our powerful Accounts Payable Automation solution enables smart invoice data extraction and streamlines 2-way or 3-way matching using Machine Learning (ML) and Natural Language Processing (NLP), thereby providing ‘Touchless’ invoice processing.
- Deconstruct unstructured, non-uniform Invoices using Machine Learning (ML)
- Create invoice objects automatically in ServiceNow
- Address discrepancies, if any, in real-time with intuitive suggestions