Aavenir Pulse: February'24 Edition
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Cutting through the chaos, this Newsletter walks the talk on Generative AI and Innovation. The mission of this Newsletter is simple. ENLIGHTEN. EMPOWER. ELEVATE. Aavenir Pulse is an experience - Join us on a journey of knowledge, innovation, and joy. Stay connected!
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COMPANY SPOTLIGHT
Celebrations: Aavenir Turns 5
Aavenir Inc. which began its journey in 2019 to deliver the 'Future of Work' reached a milestone year of 5 years on February 27, 2024. Heartfelt thanks to the amazing A-team who believed in the 'idea called Aavenir' and crafted the next-gen AI-powered?#SourceToPay?solutions with their engineering brilliance - Delivering the Future of Work!
A BIG thank you today to our customers who trusted the prowess of Aavenir's Contract Lifecycle Management, Sourcing, Accounts Payable, and Vendor Onboarding Solutions on the ServiceNow ?platform to 'add value to their customers'. We appreciate your invaluable product insights and suggestions that will continue to drive innovation & improvement at Aavenir Innovation Labs.
Finally, no journey is complete without the solid support of our #LinkedIn family. You have been with us all along & celebrated every moment with us. Cheers to our partnership!!!
UPCOMING EVENT
Join our LinkedIn Live webinar on March 7, 2024 - Breaking Barriers: Redefining the Role of AI Assistants in Contract Management - and explore the limitless possibilities AI can bring to your business. Hear popular industry leader Sunil Masand and product expert Deepak Gupta unveil innovations in Generative AI for Contract Management and opportunities to redefine what AI assistants can deliver.
WEBINAR HIGHLIGHT: See AvyAI - Aavenir’s Generative AI assistant for Contract Management LIVE in action.
Date: Thursday, March 7, 2024 | Time: 1.00PM ET | 10AM PT
Aavenir is the Diamond Sponsor at ServiceNow Summit, Boston
Meet Team Aavenir, the Diamond Sponsor of the ServiceNow Summit in Boston on Mar 12-13, 2024. Book your seats to listen to Sunil Masand, SVP, Product at Aavenir, one of the most popular speakers from KNOW23, speak at #ServiceNowSummit Boston on "Best Practices for Enabling Contract Management on ServiceNow with AI".
Learn how enterprises use AI to unlock efficiencies and reduce risk with AI and connected contract management for ServiceNow workflows across – ITSM, LSD, GRC, Procurement solutions, and more.
Watch a LIVE DEMO of how Aavenir uses AI to solve real-world contract negotiation, data extraction, and insights access challenges.
Product Spotlight - Vendor Onboarding
Are you a Chief Procurement Officer (CPO) or Chief Legal Officer (CLO), navigating your daily decision-making process without certainty? Most organizations need help effectively monitoring risk and compliance and keeping vendor documents up to date, which hinders their ability to gather the necessary data for formulating improvement plans and identifying alternative suppliers.
According to a global legal survey, 65%?of Legal professionals identify time lost on administrative tasks (like vendor onboarding, risk, and compliance checking) as their biggest pain point.?
But do you know that it is possible to untangle the complexities of vendor and contract management and streamline processes, eliminate uncertainties, and bring clarity to departmental roles? his blog will help vendors and contract managers explore innovative solutions that promote a connected and streamlined experience when they are unconnected.
领英推荐
Customer Success Spotlight
Dominic Gyngell , General Counsel at Speedcast , a leading telecommunications company, shares how Aavenir Contractflow has been able to deliver ease-of-use for Speedcast’s legal team and driven huge improvements in their #contractmanagement process - saving time and improving efficiency.
If you, too, are facing challenges with your current contract management process and looking for a CLM with a clean, easy-to-use User Interface- Seamless Integration- Holistic reporting, and search functionality, Schedule a demo with us now!
StraightTalk: Supplier Self-Assessment Questionnaire for ESG
With increasing organizations prioritizing establishing clear ESG goals and criteria to evaluate vendors on their ESG performance, it is crucial to develop an ESG due diligence questionnaire. With the Aavenir Connected Contract Management solution, contract Managers can initiate an ESG assessment directly from the contracting page at any stage in the contract lifecycle.
To explore Aavenir’s preconfigured ESG assessment, encompassing various sections and a range of question formats, including single select, multi-select, date, numeric queries, and grid, request a demo.?
In the meantime, try the Supplier Self-Assessment Questionnaire for ESG due diligence to achieve and maintain Environmental, Social, and Governance (ESG) standards at the vendor level.
Open Mic with Aavenir
Paying vendor invoices on time isn’t solely about processing and remitting payments. The entire process is interconnected with various departments within an organization.
Do you know, 82 percent of finance departments grapple with invoice volume? Irrespective of whether you have automation in place or not, timely payment of vendor invoices is crucial to avoid late fees, penalties, and strained supplier relationships.
Contract analytics can aid in invoice management by automating invoice processing, tracking invoice status, identifying and minimizing disputes, enhancing cash flow visibility, and providing data-driven insights for negotiation and decision-making.?Here is a curated Worksheet to help you.
What you'll learn:
Aavenir Pulse is a monthly newsletter published by Aavenir Inc. for knowledge-sharing and information purposes only. Stay tuned and updated with the latest industry insights. For any inquiries, write to us at info(at)aavenir(dot)com. To learn more about Aavenir, visit aavenir.com
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