Aavenir Bridges Legal-Procurement Gap with Advanced AI Workflows for Contract Management at CLOC and Knowledge25
'We are showcasing how our Spring 2025 Release helps bridge the gap between legal and procurement operations by eliminating cross-team inefficiencies using advanced and autonomous AI workflows for CLM.'— Jesal Mehta, Founder & CEO , Aavenir
LAS VEGAS, NV, UNITED STATES, May 2, 2025 / EINPresswire.com / -- Aavenir, a global leader in AI-powered Contract Lifecycle Management and Source-to-Pay solutions, will participate in two major industry events in Las Vegas, Nevada: CLOC Global Institute (May 5-8, 2025) and ServiceNow Knowledge25 (May 6-8, 2025).
The company recently announced Aavenir Contractflow Spring 2025 Release, which is a major attraction at the events. Attendees will get an opportunity to experience firsthand Aavenir's latest advancements in AI innovations, UX enhancements, and implementation accelerators designed to transform how legal and procurement teams bridge departmental silos and operate across industries.
EVENT HIGHLIGHTS
At ServiceNow Knowledge25, which attracts over 25,000 global attendees, Aavenir will showcase its AI-powered Source-to-Pay product suite built on the Now™ Platform at Aavenir Booth #1701. Attendees will also experience Avy, their intelligent AI assistant for Contract Management, which democratizes contracts, comprehends complex language and enhances the overall user experience by providing deep contract intelligence.
Also, in CLOC (Corporate Legal Operations Consortium) Global Institute 2025 at Booth #208, Aavenir will join legal operations innovators worldwide to showcase how your organization can leverage AI in contract management to make faster and smarter contract decisions. A highlight of their CLOC presence will be an exclusive fireside chat 'Aavenir Solution Lab' featuring Shiraz Mothi, Head of Enterprise Vendor Management at Fortune 500 insurance leader Guardian Life. The session, scheduled for May 7, 2025, at 12:15 PM, will detail how Guardian Life reduced contract cycle times and eliminated bottlenecks by transforming collaboration between procurement and legal teams.
'At CLOC and Knowledge25, we are showcasing how our Spring 2025 Release transforms the critical intersection between legal and procurement operations by eliminating cross-departmental inefficiencies using advanced and autonomous AI workflows for CLM,' said Jesal Mehta, Founder and CEO at Aavenir. 'Our customers report 80% faster contract cycle times and 42% reduced risks. Whether you are a legal leader at CLOC or a procurement expert at ServiceNow Knowledge25, we invite you to experience how we're transforming contract data into a strategic asset that drives competitive advantage across the enterprise,' he added.
Attendees visiting the Aavenir Booth can meet the CLM and Source-to-pay experts and discover how their sourcing, procurement, and legal teams can use enhanced Generative AI capabilities in contract management to transform how organizations work with complex contracts. Schedule a meeting for more information about their participation and book a personalized demo of Aavenir products at CLOC Global Institute and ServiceNow Knowledge events.
ABOUT AAVENIR
Aavenir is a premier Generative AI-powered Contract Lifecycle Management (CLM) platform built on the ServiceNow platform. We enhance enterprise procurement, contract management, and financial operations with innovative solutions that deliver a connected contract management experience. Trusted by global enterprises, the platform offers sourcing, vendor onboarding, and contract management solutions that optimize procurement workflows, improve visibility, and strengthen compliance across Source-to-Pay and Contract Lifecycle Management processes. To learn more, visit: aavenir.com
Aavenir Marketing Communication
Aavenir Inc.
[email protected]
Visit us on social media:
YouTube
X
Legal Disclaimer:
EIN Presswire provides this news content 'as is' without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Business Wire
4 days ago
- Business Wire
Aavenir Launches ComplianceNext to Power Contract and Vendor Compliance with a Suite of Next-generation AI Agents
MCKINNEY, Texas--(BUSINESS WIRE)--Aavenir today announced the launch of ComplianceNext, its next-generation AI-powered compliance solution that performs real-time document compliance screening across regulatory policies, internal controls, and risk remediation actions. 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:
Yahoo
14-07-2025
- Yahoo
Here are the top 5 signs you should retire earlier than you think — no matter where you live in the US
For many Americans, the magic number for retirement is $1.26 million, according to Northwestern Mutual, and the average age of retirement is 62, according to Guardian Life. In other words, most people are trying to get into the seven-figure club by the time they reach their 60s. But you could be on track to retire earlier than that, perhaps with less money than you initially anticipated. Here are the top five signs that you're on track to afford to retire earlier than you think. I'm 49 years old and have nothing saved for retirement — what should I do? Don't panic. Here are 6 of the easiest ways you can catch up (and fast) Thanks to Jeff Bezos, you can now become a landlord for as little as $100 — and no, you don't have to deal with tenants or fix freezers. Here's how Want an extra $1,300,000 when you retire? Dave Ramsey says this 7-step plan 'works every single time' to kill debt, get rich in America — and that 'anyone' can do it Retiring or approaching retirement with a debt burden is surprisingly common. Roughly 75% of Americans over the age of 50 hold at least some form of debt and 84% of them say borrowing money is necessary to make ends meet, according to the AARP. As you can imagine, this isn't a comfortable way to retire. You can't enjoy your golden years in peace if you're up at night thinking about interest rates and the global economy. This is why paying off all your debt — including your mortgage — puts you in a better position than the majority of seniors and could allow you to retire sooner than you expect. Most retirement plans hinge on typical sources of income such as interest, dividends or pension benefits. However, if you have a plan that incorporates more sources, perhaps rental income from properties or passive income from a side venture, your finances are much more robust than the average retiree. If you're trying to retire before you turn 60, finding new sources of passive income could be essential. Read more: Americans are 'revenge saving' to survive — but millions only get a measly 1% on their savings. As of May, 2025, the average personal savings rate in America is 4.5%, according to the Federal Reserve. If you and your family are saving more than that, it could be a green signal that you're approaching retirement faster than most of your peers. Firstly, a higher savings rate can get you to your goal quicker. As an example, someone who only saves 4.5% of their $100,000 income and invests it in an asset that delivers 10% annual growth can reach $1.2 million within 35 years. If this person can double their savings rate to 9%, they can get to $1.2 million in less than 28 years — or seven years earlier. Not only does a higher-than-average savings rate help you achieve your goals faster, it also indicates a more stable retirement. It's a sign that you have the willpower and discipline to live below your means and stick to a budget, which are essential skills for retirees on a fixed income. Having dependents reshapes your financial situation and could be the deciding factor for whether or not you can retire. This is why many parents have to wait until their children are adults and have their own sources of income to consider retiring. Unfortunately, the housing and cost-of-living crisis has pushed many adults to rely on their parents for support. As of 2025, roughly 50% of parents with children over the age of 18 gave at least some form of financial assistance to them, according to If you're part of the other half — with independent children — you're in a better position to retire earlier. Healthcare costs can make or break your retirement. A sudden spike in health insurance or a serious medical issue can derail your financial plan. However, if you have managed to take better care of yourself, perhaps by quitting smoking, limiting alcohol or regularly working out, you could qualify for lower insurance premiums and be less exposed to this risk. Simply put, good health is a key ingredient for a cheaper, earlier and more enjoyable retirement. This tiny hot Costco item has skyrocketed 74% in price in under 2 years — but now the retail giant is restricting purchases. Here's how to buy the coveted asset in bulk Here are the 6 levels of wealth for retirement-age Americans — are you near the top or bottom of the pyramid? Rich, young Americans are ditching the stormy stock market — here are the alternative assets they're banking on instead Here are 5 'must have' items that Americans (almost) always overpay for — and very quickly regret. How many are hurting you? Money doesn't have to be complicated — sign up for the free Moneywise newsletter for actionable finance tips and news you can use. This article provides information only and should not be construed as advice. It is provided without warranty of any kind. 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
Hamilton Spectator
04-07-2025
- Hamilton Spectator
Consolidated Lithium Metals announces exposure of a new Li-bearing pegmatite at its Preissac Project and closes financing
TORONTO, July 04, 2025 (GLOBE NEWSWIRE) — Consolidated Lithium Metals Inc. (TSXV: CLM | FRA: Z36) ('CLM' or the 'Company') is pleased to announce the commencement of its summer 2025 exploration campaign at its Preissac Project (Fig. 1). As part of the program, a trench measuring 100 meters in length, and 30 meters in width has been excavated in the area of a previously identified lithium (Li) soil anomaly. The trench successfully exposed an 18-meter-wide pegmatite body, confirming the presence of promising mineralized structures at surface. Following the excavation, a channel sampling program was completed. In total, 25 channel samples were collected, prepared, and logged in detail. All samples, including QA/QC samples, were sent to Impact Global Solutions Inc., ('IGS Canada') for analysis. Furthermore, several previous Li showings were soil/bio-sampled again along lines across the predicted strike of the pegmatites related to the anomalies. Figure 1 – Trenching/Channel sampling location at Preissac-Lacorne property Figure 2 – Newly exposed pegmatite (Dyke 1) Figure 3 – Newly exposed pegmatite (Dyke 1) Figure 4 – Pictures of channel samples with local centimetric spodumene was observed (Dyke 2) Figure 5 – Pictures of the trench and channel samples (Dyke 1) Preissac Property | Bio/Soil Sampling Program The bio/soil sampling program, completed in April and June of 2025, used a 15m-by-15m grid to cover lithium and copper soil anomalies detected on CLM's Preissac-Lacorne property during a property wide soil sampling campaign completed in 2022. In total, 279 bio and 252 soil samples were collected, prepared, and logged in detail. All samples, including QA/QC samples, were sent to IGS Canada for analysis. Figure 6 – CLM 2025 Exploration | Channel/Soil/Bio Sampling | Preissac-Lacorne Property Exploration Program Specifics About Soil Sampling Soil samples were collected from the B-horizon of the soil profile in plastic bags shipping to the laboratory for geochemical analysis. The analyses were undertaken by IGS Canada in Delson, Quebec. Upon arrival at the laboratory, the samples were dried, weighed, crushed, and split into subsamples of which one 250g subsample was pulverized to allow 85% of the material to pass through a 75-micron sieve. The sieved subsample was digested in acid and analyzed using ICP-MS, ICP-OES, and SPF. The Company implemented QA/QC procedures to ensure the validity of the sampling by using a series of field duplicates in each batch of samples sent for analysis. A review of the field duplicates indicate that the soil sample results are likely reasonably precise and accurate. IGS Canada is an independent ISO/IEC 17025:2017 accredited facility (#889) by the Standards Council of Canada. Dr. Andreas Rompel, Vice President Exploration, commented: 'We are very excited about the newly discovered pegmatite and we intend to continue to expose it further. This is merely the first step in our exploration efforts at Preissac, which remains the least explored project area within CLM. Additional trenching is expected to follow to investigate the soil anomalies identified in previous surveys.' Financing Close CLM also announces today that it has closed its previously announced non-brokered private placement financing of units (each, a 'Unit') at a price of $0.01 per Unit for gross proceeds of up to $300,000 (the 'Offering'). The Company previously closed a tranche of the Offering on April 2, 2025, pursuant to which the Company issued 21,000,000 Units for gross proceeds of $210,000; no further tranches will be closed pursuant to the Offering. For more information about the first tranche and the Offering, please see the Company's press releases dated April 2, 2025, and February 14, 2025, April 11, 2025, May 12, 2025, and June 12, 2025, respectively, each of which is available under the Company's SEDAR+ profile at . Qualified Person The scientific and technical information contained herein has been reviewed and approved by Alexandr Beloborodov, the Company's independent geologist consultant, who is a 'Qualified Person' as defined in National Instrument 43-101 – Standards of Disclosure for Mineral Projects . About Consolidated Lithium Metals Inc. Consolidated Lithium Metals Inc. is a Canadian junior mining exploration company trading under the symbol 'CLM' on the TSX Venture Exchange and 'Z36' on the Frankfurt Stock Exchange. The Company is focused on the acquisition, exploration, production, and development of mining properties. The Company's properties are in Quebec, Canada, primarily in the spodumene-bearing pegmatites of the La Corne Batholith, around North American Lithium Inc.'s Quebec lithium mine. For more information: Rene Bharti, Vice President Corp. Dev. Email | info@ Phone: +1 (647) 965 2173 Website: Cautionary Statements This press release contains 'forward-looking information' within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements with respect to the scope, objectives, and expected results of the Company's summer 2025 exploration program and the Company's ability to execute its business plan. Generally, forward-looking information can be identified by the use of forward-looking terminology such as 'plans', 'expects' or 'does not expect', 'is expected', 'budget', 'scheduled', 'estimates', 'forecasts', 'intends', 'anticipates' or 'does not anticipate', or 'believes', or variations of such words and phrases or statements that certain actions, events or results 'may', 'could', 'would', 'might' or 'will be taken', 'occur' or 'be achieved'. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of CLM to be materially different from those expressed or implied by such forward-looking information, including but not limited to: receipt of necessary approvals; general business, economic, competitive, political and social uncertainties; future mineral prices and market demand; accidents, labour disputes and shortages and other risks of the mining industry. Although CLM has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. CLM does not undertake to update any forward-looking information, except in accordance with applicable securities laws. NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE. Photos accompanying this announcement are available at:
