AI Smart Contract
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UPGRADE YOUR CONTRACT MANAGEMENT NOW WITH AI-POWERED SMART CONTRACTS!
Managing contractual performance is crucial for businesses as it represents a significant portion of both expenditures and revenue. AI Smart Contract offers a solution by automating and structuring contract performance. The platform enables collaboration among key stakeholders and provides real-time insights into performance, offering a unified view of cost, risk, spending, SLA, and KPI performance in one cost-effective solution.
Plan (IDP) guides budgeting across all mSCOA segments. BPR hosts every municipal fiscal’s mandated mSCOA. The BPR’s browser-based SQL database connects with the Financial Management System.
Enhanced Stakeholder Interaction
Improved contract retention and enhanced supplier/customer interaction by connecting all stakeholders to contract knowledge.
Cost Savings and Clarity
Save time and money managing contracts. Control rising consumption-based contracts with immediate cost clarity.
Comprehensive Lifecycle Management
Facilitates full end-to-end capture, monitoring, and reporting of the entire contract lifecycle in one unique solution
AskElie (Ever Learning Intelligent Engine) provides a conversational AI experience for AI Smart Contract or in-house contract repositories. Elie can also be used to process new contract requests and supplier onboarding in a unique automated experience
- A single solution from capture to reporting accessed by all stakeholders, supporting technology via modern API requests.
- Cloud Native AI/ML platform covering contract capture and performance management. Includes conversational AI for supplier onboarding.
- Askelie is an advanced conversational AI solution that manages contract processes and provides easy contract content navigation.
- Automatic contract event alerts for SLA failures, missed KPIs, unexpected costs, and increased risk.
- Easy ‘plug-in’ solution to connect Asset Management, Finance & ERP systems using state-of-the-art APIs.
Cloud SaaS-based:
Minimal setup costs and easy access from all devices. Always updated with the latest enhancements, ensuring cutting-edge functionality. Significant cost and time savings in managing agreements, policies, and contracts with just a web browser.
Askelie Conversations:
Provides conversational AI for effortless navigation of contract content across repositories. Automates contract and supplier onboarding processes, enhancing efficiency and accuracy.
Onboarding Service:
Comprehensive onboarding solution for contracts, policies, and agreements. Simplifies initial setup and ensures ongoing ease of maintenance and enhancement for your business.
Training Content:
Easy-to-use apps with user-friendly interfaces for AI Smart Contract and Askelie. Customised training content ensures your team maximizes the benefits of these solutions, boosting productivity and proficiency.
WHAT IS Contract Management?
We specialise in assisting medium to large organisations in automating their business processes, providing the necessary systems to ensure greater efficiency throughout the organisation. Our system offerings primarily include ERP, business process management, contract management, CRM, and real-time financial reporting systems.
Plan (IDP) guides budgeting across all mSCOA segments. BPR hosts every municipal fiscal’s mandated mSCOA. The BPR’s browser-based SQL database connects with the Financial Management System.
- Centralises contract storage in a digital repository, eliminating manual paper-based searches.
- Improves security by controlling access to contracts, ensuring only authorized personnel can view sensitive information.
- Sends alerts for approaching contract expiration dates, enabling timely renegotiation or termination decisions to avoid unfavourable automatic renewals.
- Integrates with financial and procurement systems to track and manage current spending against suppliers efficiently.
