Aavenir Contract Lifecycle Management (CLM)

20 reviews

Aavenir CLM, built natively on ServiceNow, enables enterprises to create and manage bilateral contracts for procurement, sales, legal, NDA, HR or any other types of contracts for efficient contract management.

Aavenir Accounts Payable Automation

5 reviews

Aavenir Accounts Payable Automation, also known as Invoiceflow, is an AI-driven solution designed to streamline the entire invoice processing lifecycle—from capture to payment. By automating tasks such as data extraction, validation, and approval workflows, Invoiceflow reduces manual intervention, accelerates processing times, and enhances financial accuracy. Built on the ServiceNow platform, it offers seamless integration with existing enterprise systems, providing real-time visibility into accounts payable operations and facilitating better decision-making. Key Features and Functionality: - Automated Invoice Capture and Data Extraction: Utilizes AI and OCR technologies to automatically capture invoices from various sources and extract key data, minimizing manual data entry errors. - 2-Way/3-Way Matching: Validates invoices against purchase orders and goods received notes to ensure accuracy and prevent overpayments. - Customizable Approval Workflows: Configurable workflows route invoices to appropriate stakeholders for approval, enhancing efficiency and accountability. - Exception Handling: Automated alerts and workflows manage discrepancies, reducing the time spent on manual reviews and corrections. - Real-Time Dashboards and Reporting: Provides insights into invoice statuses, payment timelines, and working capital, enabling informed financial decisions. Primary Value and Problem Solved: Invoiceflow addresses common challenges in accounts payable processes, such as manual data entry errors, delayed approvals, and lack of visibility into financial operations. By automating these processes, it significantly reduces processing times and costs, enhances accuracy, and provides real-time insights into financial metrics. This leads to improved cash flow management, stronger vendor relationships, and a more strategic focus for finance teams.

Aavenir Obligationflow

3 reviews

AI-enabled contractual obligation compliance management system delivering 3600 visibility into the state of compliance of all your contractual obligations across your organization.

Aavenir RFPflow

1 review

Aavenir's easy-to-use Request for Proposal Management (RFP) solution streamlines the sourcing cycle and accelerates supplier qualification for strategic supplier engagements.