Aavenir

What does Aavenir do? How do we solve business challenges in S2P? And many other questions about Aavenir. We have got you covered! Jesal Mehta, Founder & CEO, Aavenir, uncovers what Aavenir is all about and how the company is revolutionizing CLM and S2P with AI-driven solutions. In this first cut from the interview, he talks about what Aavenir is—our solutions in the Source-to-pay space, key differentiators, and more. Stay tuned for more as we discover the full potential of AI in S2P and Contract Management on ServiceNow! 🎥Exclusive Interview with Aavenir CEO! Watch the full video here: https://lnkd.in/dPq9Tx99 #CLM #S2P #AI #Aavenir #ServiceNow #ContractManagement #CEO

How can innovative software platforms transform source-to-pay processes? Synertrade and Aavenir are leveraging AI to drive procurement efficiency, streamline workflows, and reduce risks, offering a competitive edge for businesses. Discover how these game-changing solutions are revolutionising the S2P landscape. Discover more here: https://ow.ly/4F8n50TJJf7 #S2P #Procurement #AI

✨ Happy Diwali from Aavenir ✨ This Diwali, may your path be brightened by the joy of new possibilities, the spark of innovation, and the warmth of meaningful connections that guide you toward success. 🌟 Here’s a glimpse of the A-Team’s Diwali celebration—an evening filled with laughter, games, and memorable moments that truly embodied the spirit of #JoyAtAavenir. To our team, customers, partners, and the LinkedIn family, we wish you all a Diwali overflowing with love, light, and joy! 🪔✨#HappyDiwali . . . . #Innovation #LifeAtAavenir #ProudlyAavenir #Diwali2024 #DiwaliCelebrations #StartupLife #WorkCulture #TeamEvent

As #Halloween approaches, we often think about ghouls and goblins, but what’s truly scary in the business world? Unmanaged contract compliance & missed obligations! Just like navigating a haunted house, the world of contract management can be filled with unexpected frights. Here are some spooky challenges you might face: 💀The Phantom of Forgotten Deadlines: Without proper tracking, it’s easy for key dates to slip through the cracks, leading to costly penalties. 🧙♀️ Witches’ Brews of Complex Clauses: Misinterpreting complex clauses that can confuse even the most seasoned professionals. 🧟 Zombie Contracts: Failing to manage contract termination properly can lead to lingering liabilities and compliance nightmares. 👾 Monsters Under the Bed: Inadequate visibility and without clear oversight, compliance risks can multiply, leaving your team vulnerable to audits and penalties. ☠️ The Curse of Manual Processes: Relying on manual processes can lead to errors and inconsistencies that impact your team’s productivity and lead to compliance risk. Don’t let these compliance frights turn into a nightmare! With our AI-powered obligation management solution, #AavenirObligationflow, you can simplify compliance management, ensuring you have the visibility, control, and automation you need to keep your contracts in check. 🎃#HappyHalloween from Team Aavenir. Have a spook-tacular week! #CLM #ObligationManagement #LifeAtAavenir #Compliance #ComplianceManagement #ContractLifeCycleManagement #ContractManagement

Generative AI is emerging as a game-changer in the CLM domain. From automating contract drafting and negotiation, improving contract analysis for decision-making to enhancing overall contract management efficiency, the potential applications of generative AI in CLM are vast.   AI in CLM is poised to revolutionize how organizations manage their contracts. Our latest blog uncovers how businesses can benefit from AI-powered CLM. 📖 Read the full blog: https://lnkd.in/gR6WzEGP to learn more.     #AI #CLM #ContractManagement #AIinContracts #Aavenir #ServiceNow

Third-party risk management is an important consideration for most organizations; however, according to a World Commerce & Contracting study, only 29% of organizations regularly collect data on compliance with standards/scorecards by other parts of the business or trading partners. Our CEO, Jesal Mehta talks about the bi-directional relationship from CLM into GRC and how a contract and obligation management solution can help improve an organization's risk and resilience score. Watch the exclusive interview with the CEO & Founder of Aavenir to learn how AI is transforming the S2P and contract management space. https://lnkd.in/dt_V_Nxj #ContractManagement #Compliance #CLM #Aavenir #ObligationManagement #AI #CEO #TPRM #IACCM

[New Case Study] Fortune 500 insurance provider improves contract cycle time efficiency with Aavenir's source-to-contract workflow   A leading insurance provider in North America sought to optimize its Source-to-Contract (S2C) processes. They implemented Aavenir RFPflow and Aavenir Contractflow to streamline operations and efficiently manage their end-to-end buy-side contract and procurement workflows.   The result?  👉 Faster Contract Cycle 👉Better Customer Satisfaction Score (CSAT) 👉Enhanced UX 👉Increased Adoption Rate   Read the complete case study to see how Aavenir’s AI-powered solutions are transforming procurement and contract management for industry leaders. https://lnkd.in/dpVzJADJ     #Fortune500 #Procurement #CLM #S2C #ContractManagement #Aavenir #RFPflow #Contractflow #AI #CaseStudy

According to Forrester, strong CLM products support both pre- and post-signature processes. They not only streamline contract creation and accelerate negotiation and execution, but also ensure contract compliance and provide insights, analysis, and visibility into what was agreed upon. Post-signature challenges can often be the most complex part of contract management. Our CEO, Jesal Mehta, dives into the challenges organizations face after a contract is signed and how to navigate them effectively. From tracking obligations to ensuring compliance, these are critical elements that can make or break business success. 🎥Learn more about contract management, obligations, the role of AI, and more in the exclusive interview with the Founder & CEO of Aavenir https://lnkd.in/dt_V_Nxj #ContractManagement #Compliance #PostSignatureChallenges #CLM #Aavenir #ObligationManagement #S2P #AI #CEO Mohamed Reza Sunil Masand Sneha Sata Megha Paradkar Gaurang Soni Anand Trivedi

According to the Gartner CLM Magic Quadrant 2024, 75% of businesses aim to automate more than half of their CLM procedures by 2025. Here are some insights from this report:   👉 Advanced Automation and AI: The enterprise CLM market is evolving rapidly and is driven by significant investments in AI and automation. 👉Capabilities for Integration: Efficient CLM solutions are increasingly being integrated with procurement platforms, ERP, CRM, and other corporate systems. 👉User Experience: 70% of users report higher satisfaction with modern CLM interfaces, highlighting the importance of user-friendly design. 👉Data-Driven Insights: Advanced analytics and reporting capabilities are enabling organizations to gain deeper insights from their contract data. Aavenir Contractflow leverages cutting-edge AI to streamline contract creation, negotiation, and management, ensuring efficiency and compliance. Learn more https://lnkd.in/dYsjHiut   Let’s chat about how Contractflow, Aavenir's AI-powered contract management solution, can transform your contract lifecycle management process and help you stay ahead in a dynamic market.   #CLM #Automation #ContractManagement #Innovation #AI #Gartner #Aavenir #Contractflow

Implementing AI in CLM can help mitigate contract management challenges while automating contract creation, review, and more. However, many business owners or decision-makers aren't sure how they should choose the right AI.    Jesal Mehta, Founder & CEO, Aavenir talks about what elements you should look while evaluating an AI-powered contract management solution.    Watch the full interview to learn more about the role of AI in CLM and how it is transforming the S2P and contract management space. https://lnkd.in/dt_V_Nxj   #CLM #S2P #AI #Aavenir #ServiceNow #ContractManagement #CEO Sunil Masand Mohamed Reza Gaurang Soni Megha Paradkar Anand Trivedi Russell Seifert