Locations
Plano, TX, USA · McKinney, TX, USA
industry
Consumer Products · Data and Analytics · DeepTech · Hardware · Information Technology · Software
Size
51-200 employees
Stage
Series A
founded in
2019
Aavenir’s next-gen Source-to-Pay suite revolutionizes age-old procurement processes by using the latest Machine Learning and Natural Language Processing technologies to reduce cycle time, yet offering insightful best practices suggestions based on historical data. For example, Aavenir’s Contractflow - Contract Lifecycle Management (CLM) product solves the hardest text analytics problems for risk and obligation management while, Invoiceflow - Accounts Payable (AP) automation product solves multi-vendor invoice data extraction and processing problems by harnessing the power of AI & ML technologies. Aavenir SaaS-based source-to-pay solutions are powered by the most advanced cloud-based ServiceNow platform that is delivering unified digital workflows to create great experiences. Also, the ServiceNow platform unlocks productivity for approximately 5,400 enterprise customers worldwide, including Fortune 500 companies.
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