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Average Ratings 0 Ratings
Description
Aavenir Obligationflow provides organizations with comprehensive visibility into their contractual commitments across various entities, including customers, suppliers, and service providers, through the use of AI-driven contextual search. This innovative solution allows businesses to automatically identify significant contract obligations while facilitating collaboration with key stakeholders for effective fulfillment via a digital workflow. Additionally, users can track compliance through the Obligationflow dashboard integrated with ServiceNow. The platform also supports the importation of all active contracts from Aavenir Contractflow or any other contract lifecycle management system, revolutionizing the way companies uncover, oversee, and meet obligations that may have been obscured by intricate contract language. By ensuring adherence to all contractual responsibilities, organizations can mitigate legal, financial, strategic, and operational risks. With the capability to define specific workflows and tasks, businesses can efficiently fulfill obligations punctually, aided by automated reminders that enhance accountability. This proactive approach not only streamlines compliance but also fosters a culture of reliability and transparency within the organization.
Description
For over ten years, members of the Ultria Team have been implementing Practical Artificial Intelligence to enhance Information Governance for leading global enterprises. The development of Ultria's AI-driven approach to contract management emerged out of necessity, as some clients process over a million contract line items annually, while others look for assistance with supply chain risk assessments or analyzing customer orders during mergers and acquisitions. With the added pressure of a complex regulatory landscape and shifting geopolitical dynamics, the demand for high-quality metadata extraction, consistent clause matching, and risk assessment became critical, prompting the establishment of a distinct AI component. This component not only integrates seamlessly with Ultria's Contract Lifecycle Management (CLM) solution but is also designed to be utilized independently by organizations that may not yet have a CLM system in place. Ultria Orbit offers strategic flexibility in implementation, making it easier for companies to adapt to their specific needs and challenges in managing contracts effectively. Ultimately, this innovative solution empowers organizations to navigate the complexities of contract management with greater efficiency and accuracy.
API Access
Has API
No
API Access
Has API
No
Integrations
No details available.
Integrations
No details available.
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
No
Live Rep (24/7)
No
Online Support
No
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Types of Training
Training Docs
No
Webinars
No
Live Training (Online)
No
In Person
No
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
Yes
In Person
No
Vendor Details
Company Name
Aavenir
Country
United States
Website
aavenir.com/contract-obligation-compliance-management-on-servicenow/
Vendor Details
Company Name
Ultria
Country
United States
Website
ultria.com/products/artificial-intelligence-powered-contract-management-ultria-orbit/
Product Features
Contract Management
Buy Side (Suppliers)
No
Completion Tracking
No
Compliance Tracking
No
Contract Lifecycle Management
No
Electronic Signature
No
Full Text Search
No
Government Contracts
No
Pre-built Templates
No
Sell Side (Customers)
No
Specialty Contracts
No
Version Control
No
Workflow Management
No