Overview
What is Aavenir Obligationflow?
Aavenir Obligationflow enables organizations to have 360° visibility into enterprise-wide contractual obligations for customers, suppliers, service providers, sales partners, and other parties - using Artificial Intelligence-enabled contextual search. Companies can auto-discover key contract obligations, but they can also collaborate with relevant stakeholders for fulfillment using its…
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What is Aavenir Obligationflow?
Aavenir
Obligationflow enables organizations to have 360° visibility into
enterprise-wide contractual obligations for customers, suppliers, service
providers, sales partners, and other parties - using Artificial
Intelligence-enabled contextual search. Companies can auto-discover
key contract obligations, but they can also collaborate with relevant
stakeholders for fulfillment using its digital workflow and monitor the compliance
status via Obligationflow dashboard on ServiceNow.
Aavenir Obligationflow can import all active contracts from Aavenir Contractflow or any other CLM system and transforms how organizations discover, manage, and fulfill obligations that were previously hidden in complex contract language.
The vendor's Value Proposition:
-> 70% faster obligation identification cycle time
-> 35% cost-savings with centralized obligations fulfillment approach
-> 98% on-time obligation fulfillment
-> Enables teams to leverage insights gained for better outcomes in future contract negotiations and renewals
-> Significantly increase compliance and reduce business risks
-> Automate the obligation fulfillment process through a workflow engine instead of excel/email
Aavenir Obligationflow Features
- Supported: Master Obligation Repository: Prepare a centralized obligation repository for all obligations residing in your contracts.
- Supported: Analyze volume of Contracts for accurate insights: Employees can navigate contract repository with higher accuracy and garner insights from key meta data and create structured data.
- Supported: Speed up Review process: Employees can automatically identify and map major clauses and metadata elements to perform analysis on clauses and obligations.
- Supported: Proactive insights with defined alarms and notifications: Users can stay notified on tons of extracted data and manage KPIs and have defined alarms and notifications.
- Supported: Collaborative Workflows and intuitive UI: An improved Workflow routing helps to understand data values and trigger alerts for identified stakeholders.
- Supported: Dashboard for Single Source of Truth: Holistic view of all obligations, tasks and milestones from contracts for defined stakeholders
Aavenir Obligationflow Screenshots
Aavenir Obligationflow Technical Details
Deployment Types | Software as a Service (SaaS), Cloud, or Web-Based |
---|---|
Operating Systems | Unspecified |
Mobile Application | No |