Managing Contract Obligations On ServiceNow

You might also like

Download as pdf or txt
Download as pdf or txt
You are on page 1of 1

Key Challenges in Managing

Contract Obligations

Time-consuming Undefined ownership Lack of


manual identification of obligations cross-functional
of obligations fulfilment actions visibility and insight
from multiple into obligation
contract repositories performance

>9% 56% 66% 29%

Of a company's Of average Transactions of organizations


annual revenue spend is are contract collect data
leaks due to contract compliant on the compliance
contract related compliant with standards
issues /scorecards

Managing Contractual Obligations


With Aavenir Obligationflow

Automatically extract terms,


clauses, and key obligations from
contracts & turn them into tasks.

Greater visibility into


contract processes Ensures that the vendors
comply with contract
terms & conditions

Maximize Contract
Value

Improves contract
structuring for sustained
Improve relationships cost reduction
with service providers

You might also like