Swiftly Automate Sourcing, Negotiations, Contract Execution, and Monitoring
Avokaado Operational Intelligence Platform (OIP) simplifies procurement processes, making them faster, cost-effective, and transparent. With its high customizability, Avokaado Platform can be tailored to meet the needs of even the most demanding organizations, involving multiple stakeholders, dozens of documents, and various vendors. Built with security and privacy at its core, Avokaado OIP is the platform of choice for procurement teams worldwide.
Avokaado’s flexibility enables the automation of even the most complex procurement documents and processes. With the support of our legal engineers, organizations can design custom procurement templates for data intake, automated governance, data structures for proposal evaluation, and more. Once designed, all your automated templates and workflows can be easily reused or modified for future needs.
Design company-wide clause and template libraries that can be reused across procurements. Ensure the highest level of consistency in your documents and adherence to your organization’s procurement playbook. Update your templates as needed, and we’ll ensure only the latest versions are available for your team, all stored in your private, secure, and branded Avokaado Workspace.
Create processes and workflows for RFQ, RFP, or RFI tailored to your organization’s requirements. Avokaado Platform provides a flexible and customizable toolkit suitable for any organization. Easily create or reuse automated templates and workflows for every procurement. Configure governance rules (submitting data, approving, signing) that will be enforced for every workflow.
Monitor submitted RFQs, RFPs, and RFIs effortlessly by tracking every document and piece of data. Built-in notifications and activity logs provide a clear picture of your current procurement status. Running several procurements simultaneously? No problem—Avokaado allows you to filter and review each process in a separate view. Include colleagues to review and collaborate on specific parts of the procurement process, whether it involves legal, product, revenue, compliance, or other teams.
Avokaado AI helps you manage your existing vendor agreements as well. Identify the data points you need from your documents, and our AI will extract them automatically. Upload all your legacy documents, choose the data structure, and witness the transformation of your documents into actionable data. It works well for any type of vendor agreement and in nearly any language.
Since Avokaado OIP is built around data, every contract is presented as a set of data points. This data-centric approach allows you to track all your vendor agreements in a separate view, where only relevant commercial and legal information is visible. All data points in the contracts you want to monitor are completely customizable to your organization’s needs. It’s like a document management system on steroids, where only relevant contract details are visible. Need to share contract data with teammates? Not a problem—just choose which data to share, and they will receive an access link.
Whether you use a CRM system to manage suppliers or a proprietary document and records storage system, Avokaado Platform integrates perfectly with both. Pull supplier data from a CRM (check our integrations page for details) into your procurement process automatically, or push signed documents to your long-term storage. For more specialized integrations, every Avokaado Workspace comes with a Rest API that enables building a highly custom data flow between systems.
Avokaado OIP infrastructure is designed with the highest grade of security and privacy for cloud solutions. Every workspace exists as a separate entity, including its database and all your data. Only designated people can access your workspace. If your company policy requires an enterprise-grade level, we offer an on-prem solution, allowing you to set up your own copy of Avokaado to ensure compliance with all requirements.
Manage all your contracts in a secure, private workspace in the Google Cloud Platform. Available out-of-the-box for every customer. Add your brand, colors, and even custom domain name to make your contracting portal natively yours. On-prem solution is available on demand as well.
Enjoy a no-code, clause-based environment to automate contracts of any complexity. Create contract templates in hours using a wide range of built-in tools including variables, choices, and conditions. Design and manage your company-wide clause and templates library. No more mess with contract versions.
Collaborate with your team members and 3rd parties throughout the contract lifecycle. Invite viewers and editors to negotiate the terms, and add approvers and signers along the way. Take over control of the full contracting workflow without hassle. All in your private cloud.
Sign contracts right inside your workspace using qualified electronic signatures providers like Dokobit and SignNow. Unlimited signatures are included with every Avokaado workspace. We make sure you can sign legally binding documents with any party across the globe.
Keep and manage all your contracts in Avokaado's secure workspace. Easily organize your storage with folders and tags. Share documents and folders across business units, users, and groups. Get a grasp on what is important with dashboard, search, and filters.
Link your contracts to external systems such as Salesforce, Google Drive, Personio, BambooHR, Pipedrive, and others with the built-in integrations provided or request access to the Avokaado CLM Rest-API and connect your workspace to any system within your organization.
