Aavenir Launches ComplianceNext to Power Contract and Vendor Compliance with a Suite of Next-generation AI Agents
Powered by purpose-built AI Agents, Aavenir ComplianceNext ensures fast, accurate compliance checks across contracts, certifications, and vendor documents for compliance managers, legal and procurement teams, and IT and cybersecurity teams across industry verticals.
"From cyber threats to supply chain volatility, today's heightened risk landscape has elevated risk management to a top priority, leading enterprises to harness the power of AI to manage risk and an opportunity for Aavenir to deliver game-changing Agentic AI solutions," said Jesal Mehta, Founder and CEO, Aavenir.
ComplianceNext orchestrates specialized AI Agents that discover regulatory provisions applicable to contracts and vendors, perform compliance verification screening, identify non-compliance gaps and risks, and execute corrective risk actions. The solution offers robust non-compliance risk dashboards and audit logs that can be integrated into broader TPRM and Enterprise Risk Management solutions for consolidated risk views.
"Aavenir ComplianceNext brings together the power of AI Agents into contract and vendor risk management workflows to enable our customers to drive proactive, strategic compliance and risk management into true competitive advantage," added Sunil Masand, SVP, Product at Aavenir.
ComplianceNext: Key Impact and Outcomes
- 10X faster compliance screening – from weeks to days
- 80% faster risk remediation
- 88% improvement in contract pre-signature risk detection
- Millions saved in non-compliance penalties and audit costs
Aavenir, built on the ServiceNow platform, is an enterprise-grade SOC2 Type II and ISO 27001 certified solution. Aavenir ComplianceNext offers scalable pre-built workflows and libraries spanning 100+ regulations across DORA, FATCA, GDPR, FCPA, cybersecurity policies, and more, enabling accelerated value realization in days.
The solution integrates into existing enterprise CLM and vendor onboarding solutions, as well as GRC and third-party risk management (TPRM) platforms.
For more information, read Aavenir's ComplianceNext Product Brief.
About Aavenir
Aavenir is a trusted provider of Generative AI Contract Lifecycle Management (CLM) solutions. Built on the ServiceNow platform, Aavenir offers RFP management, vendor onboarding, and contract management solutions that optimize and strengthen visibility and compliance across Source-to-Pay and Lead-to-Cash processes. To learn more, visit: aavenir.com.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
10 minutes ago
- Yahoo
MetLife Declares Third Quarter 2025 Preferred Stock Dividends
NEW YORK, August 15, 2025--(BUSINESS WIRE)--MetLife, Inc. (NYSE: MET) today announced that it has declared the following preferred stock dividends: Quarterly dividend of $0.35263005 per share on the company's floating rate non-cumulative preferred stock, Series A, with a liquidation preference of $25 per share (NYSE: MET PRA). Semi-annual dividend of $29.375 per share on the company's 5.875% fixed-to-floating rate non-cumulative preferred stock, Series D, with a liquidation preference of $1,000 per share. Quarterly dividend of $351.5625 per share on the company's 5.625% non-cumulative preferred stock, Series E, with a liquidation preference of $25,000 per share, represented by depositary shares each representing 1/1,000th interest in a share of the preferred stock, holders of which will receive $0.3515625 per depositary share (NYSE: MET PRE). Quarterly dividend of $296.875 per share on the company's 4.75% non-cumulative preferred stock, Series F, with a liquidation preference of $25,000 per share, represented by depositary shares each representing 1/1,000th interest in a share of the preferred stock, holders of which will receive $0.296875 per depositary share (NYSE: MET PRF). Semi-annual dividend of $19.250 per share on the company's 3.850% fixed rate reset non-cumulative preferred stock, Series G, with a liquidation preference of $1,000 per share. The above dividends will be payable Sept. 15, 2025, to shareholders of record as of Friday, Aug. 29, 2025, due to the record date occurring on Sunday, Aug. 31, 2025. About MetLife MetLife, Inc. (NYSE: MET), through its subsidiaries and affiliates ("MetLife"), is one of the world's leading financial services companies, providing insurance, annuities, employee benefits and asset management to help individual and institutional customers build a more confident future. Founded in 1868, MetLife has operations in more than 40 markets globally and holds leading positions in the United States, Asia, Latin America, Europe and the Middle East. For more information, visit Forward-Looking Statements The forward-looking statements in this news release, using words such as "will," are based on assumptions and expectations that involve risks and uncertainties, including the "Risk Factors" MetLife, Inc. describes in its U.S. Securities and Exchange Commission filings. MetLife's future results could differ, and it does not undertake any obligation to publicly correct or update any of these statements. View source version on Contacts For Media: Jane For Investors: John Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
12 minutes ago
- Business Wire
MetLife Declares Third Quarter 2025 Preferred Stock Dividends
NEW YORK--(BUSINESS WIRE)--MetLife, Inc. (NYSE: MET) today announced that it has declared the following preferred stock dividends: Quarterly dividend of $0.35263005 per share on the company's floating rate non-cumulative preferred stock, Series A, with a liquidation preference of $25 per share (NYSE: MET PRA). Semi-annual dividend of $29.375 per share on the company's 5.875% fixed-to-floating rate non-cumulative preferred stock, Series D, with a liquidation preference of $1,000 per share. Quarterly dividend of $351.5625 per share on the company's 5.625% non-cumulative preferred stock, Series E, with a liquidation preference of $25,000 per share, represented by depositary shares each representing 1/1,000th interest in a share of the preferred stock, holders of which will receive $0.3515625 per depositary share (NYSE: MET PRE). Quarterly dividend of $296.875 per share on the company's 4.75% non-cumulative preferred stock, Series F, with a liquidation preference of $25,000 per share, represented by depositary shares each representing 1/1,000th interest in a share of the preferred stock, holders of which will receive $0.296875 per depositary share (NYSE: MET PRF). Semi-annual dividend of $19.250 per share on the company's 3.850% fixed rate reset non-cumulative preferred stock, Series G, with a liquidation preference of $1,000 per share. The above dividends will be payable Sept. 15, 2025, to shareholders of record as of Friday, Aug. 29, 2025, due to the record date occurring on Sunday, Aug. 31, 2025. About MetLife MetLife, Inc. (NYSE: MET), through its subsidiaries and affiliates ('MetLife'), is one of the world's leading financial services companies, providing insurance, annuities, employee benefits and asset management to help individual and institutional customers build a more confident future. Founded in 1868, MetLife has operations in more than 40 markets globally and holds leading positions in the United States, Asia, Latin America, Europe and the Middle East. For more information, visit Forward-Looking Statements The forward-looking statements in this news release, using words such as 'will,' are based on assumptions and expectations that involve risks and uncertainties, including the 'Risk Factors' MetLife, Inc. describes in its U.S. Securities and Exchange Commission filings. MetLife's future results could differ, and it does not undertake any obligation to publicly correct or update any of these statements.
Yahoo
34 minutes ago
- Yahoo
Enhanced VisualVault Human Resources Employee Content Management Features Critical to Maintaining Compliance
TEMPE, Ariz., August 15, 2025--(BUSINESS WIRE)--VisualVault, a leader in digital information management, has introduced the most recent version of its employee content management solution for Human Resources departments. This update of the VisualVault HR offering includes an enhanced set of compliance features that are applicable to businesses of all sizes and across industries, but particularly well-suited to organizations in highly-regulated industries. While the enhanced offering is well-suited to serve the needs of all sizes of businesses and industries, it is particularly valuable for mid-sized to small businesses in manufacturing, construction, healthcare, transportation, and other highly regulated industries. For these smaller organizations that do not employ an HRIS system but face demanding compliance requirements, the newest VisualVault solution delivers a set of features that address the ever-increasing retention and compliance mandates associated with Human Resources documentation. VisualVault CEO Avner Schneur says, "HR organizations bear the burden of meeting a volume of complex records retention requirements. And, without the proper technology assets, maintaining compliance can be a challenge of great proportion." Schneur goes on to say, "Our current document management solution provides the complete suite of features required to efficiently keep HR records organized, distributed as needed and retained as required." One example of regulations that create complexity is OSHA (Occupational Safety & Health Administration) regulations, which are prominent in highly regulated industries. Some OSHA regulations mandate the retention of documents for five years, while others OSHA regulations mandate that employee health records are maintained for thirty years. The complexity, breadth, and details that define retention across government and industry bodies demand an advanced technology solution. The newest VisualVault HR offering delivers proper organization and retention of these records, custom alerts when a relevant retention or renewal date associated with critical records is met and other functions that deliver successful stewardship throughout the life of critical HR records. VisualVault delivers a full breadth of advanced digital process automation (DPA), business process management (BPM), enterprise content management (ECM) and content services platform (CSP) solutions in a range of vertical markets and horizontal applications such as Human Resources and Finance. About VisualVault VisualVault is a company and AI-enabled, cloud-based enterprise content management (ECM) platform that is low-code, highly-configurable and architected to process high-volume, high-value data and transactions. VisualVault structures unstructured data via its intelligent forms, puts that data to work with workflow automation, displays data and insights with its advanced analytics suite and delivers advanced document management functionality. These capabilities collectively make VisualVault well-suited to rapidly and efficiently lead organizations through digital transformation processes. View source version on Contacts Mike Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
