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Aavenir

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Aavenir delivers AI-powered Source-to-Pay applications that provide visibility, efficiency, and control across the procurement lifecycle.

Built on the ServiceNow platform, Aavenir supports sourcing, vendor onboarding, contract lifecycle management, contract obligation management, and AP automation.

Our platform uses AI agents to accelerate RFx evaluations, compliance screening, contract reviews, and invoice verification.

 

 

Founded: 2019

HQ Location: McKinney, TX 🇺🇸

Categories: Risk Management, CLM, Supplier Management


Provider Perspective

Provider submitted responses to an AOP RFI

About Aavenir

Aavenir delivers AI-powered, modern Source-to-Pay applications that drive visibility, efficiency, and control across the entire procurement cycle.

Built on the ServiceNow platform, the Aavenir Sourcing, Vendor Onboarding, Contract Lifecycle Management, Obligation Management, AP Automation suite leverages AI Agents that compress RFX evaluations, compliance screening, contract reviews, invoice verification, and more - from weeks to minutes.

Procurement, legal, finance, and IT teams across customers in all industries have realized substantial productivity gains, risk reduction, and cost savings.

ServiceNow and non-ServiceNow customers choose Aavenir to modernize Source-to-Pay, eliminate manual work, and unlock elevated value through unified data, shared workflows, and low/no-code flexibility.

 

 

 

Product Strengths

  • Comprehensive Source-to-Pay Coverage: Offers a suite of applications covering Sourcing, Vendor Onboarding, CLM, Contract Obligation Management, AP Automation, Vendor Compliance Screening.
  • AI-Powered Automation: Leverages AI Agents, ML, and NLP to automate labor-intensive tasks like RFX evaluations, document extractions, contract analysis and reviews, invoice verification, vendor compliance screening, drastically reducing cycle times and risk.
  • Configuration Flexibility: Provides low/no-code workflow configuration options for faster time-to-value and easy adaptation to specific enterprise requirements.
  • Native ServiceNow Integration: Built on the ServiceNow platform, ensuring robust security, administration ease, unified data, shared workflows, and consistent user experience.
  • Flexible Deployment Models and Industry-wide Coverage: Available as stand-alone and pre-integrated applications for ServiceNow and non-ServiceNow customers, Aavenir is deployed across customers in BFSI, Healthcare and Life Sciences, Manufacturing, Energy, Public Sector, Telecom and Education industries.

Ideal Customer

  • Global organizations across all revenue tiers

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