3
1.0.0
Zurich, Yokohama, Xanadu, Washington DC
Aavenir Contract Management for Sales and Order Management (SOM) empowers sales teams to accelerate deals by generating contracts from ServiceNow Sales and Order Management (SOM). The application integrates CRM and Logik CPQ with Contract Lifecycle Management and ensures smooth and consistent flow of quote terms and line items to contracts, streamlining the Lead-to-Cash lifecycle. Sales reps in CRM gain real-time visibility into contracts, contracted pricing, and entitlements at the opportunity and account level, as well as visibility into the contract execution timeline.
The application provides immense flexibility to cater for quoting and pricing strategy variations for products and services across manufacturing, healthcare and life sciences, media and telecom, high tech, and other industries, and eliminates the need to re-enter quote details from 100-page proposals into contract documents manually. This significantly reduces administrative time and reduces human errors, preventing contract and order discrepancies.
Why use Aavenir Contract Management for Sales and Order Management (SOM)?
- Accelerated sales cycles and faster time to revenue.
- Improved accuracy and compliance empowered by data consistency across quotes, contracts, orders, and downstream fulfilment systems.
- Enhanced customer experience with accurate contracts and faster response times.
- Flexibility to handle very large proposals, complex quotes and pricing.
- Seamlessly handle third-party paper contracts, and negotiation redlines having quotes.
- Contract Creation: Quickly initiate contract creation as soon as the quote is finalized and take the contract through reviews, negotiations, approvals, and execution.
- Link Contract in CRM: View contracted terms, assets, entitlements, and contract documents associated with the account within CRM.
- Update Contract: Incorporate quote modifications into contracts while the contract is in editable state.
- Amend Contract: Easily trigger, generate, and execute contract amendments from amended quotes.
- Configure Mappings: Map header and line-item details from quote to contract objects
- Initiate contract creation process once the quote status is ‘Completed’.
- Seamless navigation from Quote to Aavenir Contractflow.
- Update contract information back to Quote and CRM systems and view terms, assets, entitlement, and contract documents from CRM.
- Ability to configure data mapping between source and target fields and values.
- Update contract based on modifications in the Quote while the contract is in draft state.
- Initiate contract amendments for active contracts from amended quotes.
- View product (quote) line items on contract details page.
ServiceNow Washington DC, Xanadu or Yokohama release