Aavenir Contract Lifecycle Management (CLM) Software enables enterprises to create and manage enterprise-wide contracts for customers, vendors, employees, or any other types of legal contracts. It manages the end-to-end contract lifecycle including contract requests, authoring, negotiations, approvals, renewals, e-signatures, and monitoring.
Key Features:
Enhanced Contract Authoring Experience: Quickly author any type of contract using pre-approved contract templates and Live View with custom auto-fill fields. Role-based access to the latest contract templates.
Centralized Contract Repository- Store all contracts on secure, scalable, and full-text searchable contract repository on ServiceNow
Flexible Contract Lifecycle Workflow – Easily customize CLM workflow as per business team structure and contract management practices.
MS-word plugin – Manage redlining, versioning, and import 3rd party contract data using Aavenir Contractflow MS word plugin
Contract Analytics- Monitor and measure key contract KPIs using a single dashboard and custom reports
Alerts and Notifications – Get reminders before 30-60-90 days for pending approvals & signatures, upcoming renewals & terminations.
Legal and Regulatory Playbooks: Create playbooks for primary, alternate, and fall back terms and clauses to standardize the contract management process
Key Outcomes:
– Gain full visibility across the entire contract lifecycle for all types of contracts
– Standardize contract language, contract processes, and approvals
– Reduce operating, regulatory, legal, compliance, and security risk
– Improve contract authoring speed and accuracy
– Accelerate deal closure with faster contract turnaround
