Aavenir
Aavenir SaaS-based source-to-pay solutions are powered by the most advanced cloud-based ServiceNow platform that delivers unified digital workflows to create great experiences and unlock productivity for approximately 5,400 enterprise customers worldwide, including Fortune 500 companies.
Overview
Aavenir is a technology company that specializes in providing AI-powered solutions for law firms and legal teams. Its flagship product, Aavenir Contracts AI,* is a contract lifecycle management (CLM) platform that utilizes artificial intelligence and machine learning to streamline the contract management process. The tool is designed for legal operators, law firms, practitioners, and in-house legal teams. It offers solutions for contract creation, collaboration, approval, execution, and analytics, allowing teams to manage contracts more efficiently and effectively.
Key Features
- AI-Powered Contract Analysis: Automatically extract key information from contracts, including parties, obligations, and timelines.
- Customizable Templates and Clauses: Create customized contracts using pre-approved templates and clauses, reducing the time spent on drafting and reviewing contracts.
- Automated Workflows: Automate the contract lifecycle based on predefined rules and workflows, reducing delays and ensuring compliance.
- Electronic Signature Integration: Execute contracts electronically using popular e-signature tools, reducing the time and effort required to manage physical contracts.
- Integration with Existing Tools: Integrate with existing tools and systems, allowing for seamless data transfer and collaboration.
- Real-Time Analytics: Monitor the contract lifecycle in real-time, track key performance indicators, and identify bottlenecks.
- Invoice Processing: Automate invoice processing, reduce errors, and provide visibility into the invoice workflow with Aavenir InvoiceAI.
Integrations
Aavenir Contracts AI integrates with popular productivity tools, including Microsoft Word and Microsoft Teams, allowing for seamless data transfer and collaboration. The tool can also integrate with other systems, such as e-signature tools and document management systems (DMS), providing a comprehensive solution for contract management.
- 1. Microsoft Word: Integrate with Microsoft Word to create, edit, and collaborate on contracts.
- 2. Microsoft Teams: Collaborate on contracts in real-time using Microsoft Teams.
Use cases
Contract Creation: Aavenir Contracts AI allows legal teams to create customized contracts using pre-approved templates and clauses. The tool can also suggest appropriate clauses based on the context of the contract, reducing the time spent on drafting and reviewing contracts.
Contract Approval: The platform enables teams to collaborate on contracts, track revisions, and manage approvals. It can also automate the approval process based on predefined rules and workflows, reducing delays and ensuring compliance.
- Contract Execution: Aavenir Contracts AI allows teams to execute contracts electronically, reducing the time and effort required to manage physical contracts. It can also store and organize executed contracts, making it easy to access and search for contracts as needed.
- Contract Analytics: The tool provides real-time insights into the contract lifecycle, allowing teams to track key performance indicators (KPIs), identify bottlenecks, and optimize the contract process.
Pricing model
Aavenir offers a flexible pricing model based on the number of contracts managed. The pricing tiers include Essential, Pro, and Enterprise. A free trial is not currently available, but users can contact Aavenir for a demo and pricing information.
User experience
The Aavenir platform is user-friendly and can be accessed through a web browser, making it easy for teams to manage contracts from anywhere. While the tool can be complex to set up initially, Aavenir offers robust customer support and resources to help users get started. The platform is ideal for legal operators, law firms, practitioners, and in-house legal teams that manage high volumes of contracts.
Support
Aavenir offers multiple customer support options, including email, phone, and live chat. The company is committed to providing a high level of support to its users.
- Email: Users can contact Aavenir by email for support and inquiries.
- Phone: Users can contact Aavenir by phone for support and inquiries.
- Live Chat: Users can chat with Aavenir support agents in real-time using the live chat feature.
Security and Compliance
Aavenir Contracts AI offers robust data security and compliance features, ensuring that user data is protected and that the platform meets relevant industry regulations and certifications.
- Data Security: Aavenir Contracts AI utilizes advanced encryption methods to protect user data.
- Compliance: Aavenir Contracts AI is compliant with industry- standard regulations and certifications, including SOC 2, GDPR, and CCPA.
Product images
Frequently asked questions
Aavenir Contracts AI is an AI-powered contract lifecycle management platform that streamlines the contract management process for legal teams.
Some key features of Aavenir Contracts AI include AI-powered contract analysis, customizable templates and clauses, automated workflows, electronic signature integration, integration with existing tools, real-time analytics, and invoice processing.
Aavenir Contracts AI can manage a wide variety of contracts, including NDAs, service agreements, sales contracts, and more.
Yes, Aavenir Contracts AI can integrate with popular productivity tools such as Microsoft Word and Microsoft Teams, as well as e-signature tools and document management systems.
No, Aavenir does not currently offer a free trial for its platform. However, users can contact the company for a demo and pricing information.
Aavenir Contracts AI is designed for legal operators, law firms, practitioners, and in-house legal teams that manage high volumes of contracts.
Aavenir Contracts AI utilizes AI and machine learning to analyze contracts, extract key information, and create automated workflows. This reduces the time spent on repetitive tasks and minimizes errors.
Yes, Aavenir Contracts AI utilizes advanced encryption methods to protect user data, and is compliant with industry-standard regulations and certifications such as SOC 2, GDPR, and CCPA.
Find other great tools
LegalBillReview.com
Results-Based Legal Spend Analysis by US Licensed Attorneys
BusyLamp
Legal operations solutions founded by lawyers. Keeping you connected, productive and informed.
iCertis
The global leader in AI-powered contract intelligence.
Berkeley Research Group
Intelligence that works.
Intapp
Intelligence Applied
UnitedLex
UnitedLex is a data and professional services company delivering value for legal and business.
IDC
Global provider of market intelligence, advisory services, and events for the IT, telecom, and consumer tech markets.
Omega 365
RMS
Alfresco platform
At Hyland, we see what's possible.
Elevate
Expert-led. Software-powered.
Bottomline
We make complex business payments simple, smart, and secure.
Hanzo
Technology that ediscovery, compliance, & governance teams use to manage enterprise collaboration data challenges.
Universal Contract Manager
Priori Legal
Changing the way in-house teams find & engage outside counsel (2023 New Law Company of the Year, Legalweek)
X1
Lightning Fast Access to Information for Compliance, eDiscovery, Investigations and Productivity
Ventiv Technology
Transforming the way businesses manage their risk and insurance information
Verint
The Customer Engagement Company
UniPhi
Business software people want to use.
TeamConnect
TyMetrix
TRUCE Software
Helping people stay safe and productive with smarter mobile technology.
Thomson Reuters
Teramind
Talent Acquisition Institute
Sypro
Smarter. Simpler. Easier.
Stuart Maue Management
Summize
CLM with a difference.
Sterling Analytics
Spotdraft
Award winning, AI-driven, end-to-end contract automation platform for companies of all sizes
Splunk
The cybersecurity and observability leader
Sirion Contract Management
The global leader in AI-powered, enterprise-grade contract lifecycle management software.
Signable
Electronic Signatures for affordable, secure and easy document signing.Try our 14-day free trial!
Septeo Legal Suite
SAP Ariba
SAP Ariba helps companies buy smarter, sell faster, and manage cash better in the digital economy.
Robert Half
Robert Half is an Equal Opportunity Employer M/F/Disability/Veterans
Ricago
Integrated GRC Platform to help organizations understand, discover and mitigate risk of Non-Compliance
Optimus BT
Enterprise Class Cloud Contract Management Software for Azure and Office 365 Technologies.
Parrs & Cigars
Uniting Golf and Cigar Enthusiasts in a World of Luxury and Community
OpenText
The leader in Enterprise Information Management (EIM). We unlock the Information Advantage to deliver insight.
OpenSourceCM
Stay on top of your contracts
Norton Rose Fulbright
Law around the world
Netrix Global
Comprehensive Cybersecurity and IT Solutions Provider.
Mosaic Legal Ops
Professional, Technical, and Managed Services to energize teams, unify technologies and unleash opportunities.
LSG - Legal Solutions Group
Reduce ALAE and Improve Claims Outcomes | Legal Bill Review & Legal Ops Software
Logility
Reinvent supply chain planning.Deliver better business outcomes.
LogicManager
Litify
The leading end-to-end legal operating platform.
Lextree
Legito
No code automation platform designed for compliance, HR, legal, operations, procurement, sales and sourcing teams.
LegalSifter
Contract pain ... cured.
Legal Track
Legal Decoder, Inc
Legal and Liability Risk Management Institute
LawVu
The legal workspace for in-house legal teams.
Lawcadia
Lawcadia is an award-winning, end-to-end legal operations platform for high-performing in-house legal teams & law firms
Kroll
We are the leading independent provider of risk and financial advisory solutions.
KPMG US
KPMG LLP, the U.S. audit, tax & advisory firm, operates from 75+ offices and over 40,000 partners and professionals.
Juro
AI-enabled contract automation. Empower your team with Juro’s platform for creating, executing & managing contracts💪
Jatheon Technologies
Ironclad
Ironclad is the smart way to make and manage digital business contracts. Now powered by Ironclad AI.
ITSM Management
Intradyn
The Archiving and eDiscovery Authority -- Email, Social Media Content, TXT/MMS Archiving Solution.
IntelAgree
Your Contracts. Evolved.
IBM
HaystackID
HaystackID is a specialized eDiscovery services firm with a worldwide reach and a local expert touch.
Haystack Team
A modern intranet that makes big companies feel smaller.
Gimmal
Meet the market's only end-to-end information governance platform.
FTI Consulting
Experts With Impact
Formstack
Automate workflows, save hours, and deliver frictionless digital experiences with our workflow automation software.
Exigent Group Limited
We help legal departments & law firms transform the way they do legal.
Epiq Global
People. Partnership. Performance.
EMS1
The most trusted source for EMS industry news, analysis and product research.
DXC Technology
Delivering excellence for our customers and colleagues
Docusign
The way the world agrees
CyberVadis
Third-party cybersecurity evidence-based assessments
CyberSaint Security
The Leader in Cyber Risk Management
Contractpedia
Contract Wrangler
We automate the extraction and transformation of contract terms to accurate, actionable data to fuel process automation.
Concord
Where Agreements Happen™ #AgreeMore
COG LEGAL
We've delivered hundreds of millions in real and sustainable savings for clientson their external legal spend.
CloudNine
Data Discovery Software
Citrix
A Business Unit of Cloud Software Group. Empowering companies to deploy secure, remote apps & desktops at any scale.
Cicayda
Intelligently approaching complex legal discovery for better outcomes.
Cenza
Outsourcing provider of Corporate, Legal, Financial, CLM, AI and Machine Learning solutions
Business Legal Management
We help business owners and CEO’s navigate through legal issues.Big firm legal at a fraction of the price!
Brodies
Commercial insight, industry focus, international perspective - Enlightened Thinking from UK & leading Scottish law firm
BigHand
AMTDirect
Making lease accounting, compliance and lease administration easy to manage with our cloud-based software.
Abbyy
ABBYY puts your information to work.
Agiloft
The global standard in no-code contract lifecycle management (CLM) software.
