In the COVID-19 era, when there is a greater need for collaboration, companies are finding it difficult to keep up with compliance and regulatory requirements. Agile contracts make it easier to collaborate and achieve end goals. Read all about agile contracts and managing them: https://aavenir.com/what-are-agile-contracts/

1. What are
Agile Contracts?

2. What are Agile Contracts?
Focused on achieving end goals
Collaborative mindsets
Provisions such as Early Cancellation Clauses for early feedback or Graduated Fixed price
the supplier and the customer together define their common assumptions in terms of the
business value, implementation risks, expenses (effort) and costs

3. Types of Agile Contracts
Incremental Delivery Contracts
● Gradual building of the needed product
● Flexible and allows for ongoing improvements
● Predetermined review points
● Allows a longer project to be broken up into mini projects
● Used for the development of software
Time and Materials
● Supplier is paid for the time spent creating a product
● Costs of the contract as low as possible
● encourages efficiency and protects the purchaser
● Flexibility and agility

4. Benefits of Agile Contracts
Increased and Frequent collaboration among stakeholders
Flexibility in authoring and managing contracts
The projects are managed in shorter sprints and can be easily managed
Focuses on the win-win situation for all stakeholders.

5. Manage Agile Contracts on
ServiceNow
Aavenir AI-enabled Contractflow offers various features such as:
● Request - Quickly create Contracts using pre-approved templates.
● Collaborate - Streamline internal reviews, negotiations, and approvals
● Approve & Sign - Faster Approvals and e-signatures
● Manage - Centralized repository for contract storage and smart dashboard for
tracking and renewal
Companies that have benefited greatly by implementing Contractflow include the
Prestigious Johns Hopkins University and Reece Group

6. Free Demo Session
Get a live demo of Aavenir Source to Pay solutions to know how Aavenir can
address your enterprise's unique business challenges and goals.
We provide live demonstration for following Aavenir S2P solutions:
● Contractflow - Contract Lifecycle Management on ServiceNow
● RFPflow - Request for Proposal Management on serviceNow
● Invoiceflow - Account Payable Automation on ServiceNow
● Obligationflow - Contractual Compliance Management on ServiceNow
Visit: https://aavenir.com/demo/

7. Get Free Resources
Watch Webinar
Automate Sourcing
using RFx
Calculate ROI of
CLM Solution
Test Drive
Contractflow
Contract Analytics with
Visual Dashboards
E-book - Digitize
Strategic Sourcing
Calculate ROI
Free Demo Read Blog
Explore Now

8. Delivering Future of Work
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