Latest news with #CLOCGlobalInstitute
Associated Press
02-05-2025
- Business
- Associated Press
Aavenir Bridges Legal-Procurement Gap with Advanced AI Workflows for Contract Management at CLOC and Knowledge25
Aavenir to showcase AI-powered Contract Lifecycle Management and Source-to-Pay solutions at CLOC and ServiceNow Knowledge25, featuring the Spring 2025 Release. '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 / / -- 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 Marketing Communication Aavenir Inc. [email protected] Visit us on social media: LinkedIn Instagram 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.
Malaysian Reserve
01-05-2025
- Business
- Malaysian Reserve
Bloomberg Law Features Innovative Tools for Legal Operations Pros at CLOC
ARLINGTON, Va., May 1, 2025 /PRNewswire/ — Bloomberg Law has announced that it will highlight its robust research and innovative tools tailored for legal operations professionals at the 2025 CLOC Global Institute, happening May 5-8 in Las Vegas. As a gold sponsor of the event, Bloomberg Law (Booth #310) will demonstrate how its platform empowers legal teams to optimize processes, increase efficiency, and drive impactful results. Designed with legal operations professionals in mind, Bloomberg Law's platform offers a comprehensive suite of resources, including case law, statutes, regulations, and expertly curated legal analyses. These tools are specifically created to simplify complex legal workflows, deliver actionable insights, and help organizations achieve operational excellence. Bloomberg Law will highlight: An expansive Practical Guidance library of more than 8,600 documents organized by practice area and resource type, including the new Confidentiality Agreements & NDAs Toolkit, Supply Chain Toolkit, New York Discovery, Proxy Season Toolkit, EU AI Act, and AI in Corporate Transactions. Newly added In Focus pages designed to provide legal operations professions with a rapid and efficient means to evaluate and track emerging issues and topics including Investor Activism, Employee Speech & Political Activity, Executive Orders, and Contract Drafting, AI powered legal intelligence solutions, including newly released tools such as Complaint Summaries, Clause Adviser, Bloomberg Law Answers, and AI Assistant that exemplify Bloomberg Law's ongoing commitment to leveraging AI to deliver unmatched efficiency and value to legal professionals. These tools are designed to help attorneys streamline analysis, enhance accuracy, and reduce time spent on routine tasks. A new Executive Orders & Related Developments Tracker that provides an integrated resource to track developments related to the President Trump's executive actions. The tracker gathers the most important information from executive orders published since January 20, 2025, as well as high-impact executive memoranda, proclamations and agency actions, and resulting litigation, allowing Bloomberg Law customers to stay up to date on the status of executive orders Bloomberg Law Dockets: Comprehensive coverage spans federal courts and more than 1,500 state courts, enabling users to track litigation filings, analyze historical performance data, identify emerging practice opportunities, and research client litigation history and opposing counsel strategies. Intelligent legal document drafting tools, including AI-powered document drafting tools that empower transactional attorneys to deliver faster, more favorable contract outcomes directly in MS Word, the tool they already use every day. Bloomberg Law Contract Solutions empowers legal teams to work more efficiently by seamlessly incorporating AI-driven productivity tools into their established workflows, streamlining the drafting, negotiation, and review of contracts. 'Bloomberg Law is thrilled to engage with the legal operations community at CLOC and demonstrate how our innovative solutions empower legal professionals to address real-world challenges with confidence,' said Bobby Puglia, chief product officer, Bloomberg Industry Group. 'Our platform delivers cutting-edge technology and comprehensive resources that streamline workflows, enhance efficiency, and reduce reliance on outside counsel. By equipping the legal operations community with transparent, trustworthy, and regularly updated solutions, we are proud to support professionals in ensuring compliance and tackling evolving legal complexities.' For more information about Bloomberg Law, please visit About Bloomberg LawBloomberg Law combines the latest in legal technology with workflow tools, comprehensive primary and secondary sources, trusted news, expert analysis, and business intelligence. For more than a decade, Bloomberg Law has been a trailblazer in its application of AI and machine learning. Bloomberg Law's deep expertise and commitment to innovation provide a competitive edge to help improve attorney productivity and efficiency. For more information, visit Bloomberg Law.
