Financial Services Case Studies and Success Stories with Aavenir Contractflow

CASE STUDY A Leading Investment Venture

Aavenir Invoiceflow helped a leading investment venture automate its accounts payable processes. The company faced challenges with manual invoice management, handling 15,000 invoices a year, and lack...ed workflow transparency. Aavenir's AI-powered solution on ServiceNow automated invoice capture, coding, and approval workflows. This led to 85% faster invoice processing, 80% higher employee productivity, and eliminated human error. The team now enjoys real-time invoice status visibility and improved efficiency.

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Health, Wellness and Fitness Case Studies and Success Stories with Aavenir Contractflow

CASE STUDY Lumeris

Aavenir Contractflow helped Lumeris improve contract management. Lumeris faced slow, manual contract cycles and poor visibility. They used Aavenir Contractflow on ServiceNow to automate contract auth...oring, renewals, and alerts. The solution reduced contract cycle time by 80%. Lumeris saw a 10x improvement in contract visibility. They achieved 100% timely renewals and terminations.

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CASE STUDY A leading Pharmacy Benefit Manager (PBM)

Aavenir Invoiceflow helped a leading Pharmacy Benefit Manager automate IT vendor invoice data extraction and PO matching on ServiceNow. The company used Aavenir Invoiceflow to automate 100% of invoic...e data onboarding with 70% accuracy. Invoice approvals became 80% faster. The solution also provided real-time spend analytics. This improved efficiency and visibility for the PBM's accounts payable process.

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Food & Beverages Case Studies and Success Stories with Aavenir Contractflow

CASE STUDY A Global Premium Petfood Manufacturer

Aavenir RFPflow helped a global premium petfood manufacturer automate and digitize their RFQ management process. Before, the company managed sourcing with emails and Excel, which caused errors and sl...ow cycles. With Aavenir RFPflow on ServiceNow, they now handle everything in one place, from drafting to awarding. The solution increased efficiency by 80% and fully automated their processes. The company can now respond to suppliers twice as fast and has better visibility at every sourcing stage.

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CASE STUDY American Seafoods Group (ASG)

Aavenir Invoiceflow helped American Seafoods Group automate invoice processing. ASG managed over 24,000 invoices manually each year, leading to errors and delays. With Aavenir Invoiceflow on ServiceN...ow, ASG set up automated mailboxes, AI-powered data extraction, and approval workflows. This reduced paper invoices by 100%, fully automated approvals, and cut processing costs by 50%. ASG now has better visibility, fewer errors, and faster payments.

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Professional Training & Coaching Case Studies and Success Stories with Aavenir Contractflow

CASE STUDY Express Professionals

Aavenir Contractflow helped Express Professionals improve contract management. They needed a cloud-based solution to replace their old on-premises system. Aavenir Contractflow gave them a single plac...e for all contracts and made contract authoring easier. The legal review process became 66% faster. The team found the system easy to use and needed little training. Franchisees now get contract reviews done in hours instead of days.

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Education Case Studies and Success Stories with Aavenir Contractflow

CASE STUDY Johns Hopkins University

Aavenir Contractflow helped Johns Hopkins University manage contracts in one place. Before, contract requests and approvals were slow and tracked in emails and spreadsheets. With Contractflow on Serv...iceNow, JHU set up a clause library and contract templates for self-service. The AI feature captures contract data and checks compliance. JHU saw 90% more visibility to SLAs and saved 40% time on reports.

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CASE STUDY Johns Hopkins University

Aavenir Contractflow helped Johns Hopkins University improve contract management on ServiceNow. JHU faced slow contract turnaround and poor visibility due to manual processes. With Contractflow, they... centralized over 6,000 contracts and set up 20-50 contract templates. The AI features helped capture contract data and ensure compliance. JHU achieved 5x faster contract cycle times and real-time contract status tracking.

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Insurance Case Studies and Success Stories with Aavenir Contractflow

CASE STUDY Fortune 500 Insurance Provider

Aavenir Contractflow and RFPflow helped a Fortune 500 insurance provider improve contract cycle times by 70%. The company faced challenges with manual processes, clunky UI, and lack of integration. T...hey used Aavenir's tools to manage sourcing and contract workflows. The new solution made it easier to raise requests and track approvals. As a result, customer satisfaction rose by 20% and adoption increased by 25%.

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Banking Case Studies and Success Stories with Aavenir Contractflow

CASE STUDY A Leading Banking and Financial Services Company

Aavenir Contractflow helped a leading banking and financial services company in Asia-Pacific manage contracts better. The bank had trouble storing, reviewing, and approving contracts, which caused de...lays and risk. With Aavenir Contractflow on ServiceNow, the bank automated contract workflows and improved document tracking. As a result, contract approval cycles became 5 times faster, contract risk dropped by 42%, and contract visibility reached 100%.

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Government Administration Case Studies and Success Stories with Aavenir Contractflow

CASE STUDY The State of Utah

Aavenir Invoiceflow helped the State of Utah process IT vendor invoices 5 times faster. The finance team used to manually enter and match thousands of invoices, which was slow and error-prone. With A...avenir's AI-powered solution on ServiceNow, 100% of IT vendor invoices are now stored and processed on the day of receipt. The system automates invoice coding, data entry, and validation. The State of Utah saw a 70% faster invoice lifecycle and better team collaboration.

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Telecommunications Case Studies and Success Stories with Aavenir Contractflow

CASE STUDY A Leading Telecommunications Company

Aavenir Contractflow helped a leading telecommunications company improve contract management. The company had problems with manual processes and low user adoption of their old CLM system. They used A...avenir Contractflow with ServiceNow to enable self-service contract creation. This solution gave them a single source of truth and improved contract efficiency by 90%. The company now has better visibility and faster contract workflows.

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Manufacturing Case Studies and Success Stories with Aavenir Contractflow

CASE STUDY T.D. Williamson (TDW)

Aavenir Invoiceflow helped T.D. Williamson automate 80% of their invoice matching. The company centralized invoice processing on ServiceNow. They gained real-time visibility into project expenses. Th...is improved control over their invoice process. The solution integrated with ServiceNow and ServiceNow ITBM. T.D. Williamson has over 1,300 employees and operates globally.

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CASE STUDY Leading Mining Company

Aavenir Source-to-Contract helped a leading mining company speed up its sourcing cycle by 25%. The company faced problems with manual tendering, non-compliance, and data security risks. Aavenir's sol...ution, integrated with ServiceNow, gave them a single platform for vendor risk assessment, tender management, and contract workflows. The company now manages 80-100 tenders each year more efficiently. They saw an 80% improvement in compliance and a contract cycle time that is 5 times faster.

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Information Technology and Services Case Studies and Success Stories with Aavenir Contractflow

CASE STUDY Aavenir

Aavenir used Aavenir Invoiceflow on ServiceNow to speed up non-PO invoice approvals and payments. The company faced challenges with manual, lengthy invoice processing and multi-currency payments. Inv...oiceflow automated approvals, improved collaboration, and enabled real-time tracking. Aavenir achieved 60% time savings in invoice approvals and 92% straight-through processing. The solution also supported multi-currency payments on a single platform.

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CASE STUDY Thrive Networks

Aavenir Invoiceflow helped Thrive Networks automate invoice processing on ServiceNow. Thrive faced challenges with manual invoice management, high invoice volume, and lack of process visibility. Aave...nir's AI-powered solution streamlined workflows and automated invoice extraction and approval. Thrive achieved 100% paperless invoicing, 100% productivity in expense disbursements, and an 80% increase in invoice processing efficiency.

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