Product

AvaSense™ – the Contract Management System for sourcing governance – is designed to meet all the challenges of managing full life-cycle of service contracts including Software License agreements as well as IT Outsourcing (ITO) and Business Process Outsourcing (BPO) agreements.

AvaSense™, a proprietary SaaS based tool developed by the leading Sourcing Advisory Avasant™, offers extensive features for both the executives and contract managers to strategize, plan, and manage sourcing programs across global operations with multiple business units and diverse service providers. AvaSense™ fully integrates with SAP, Oracle, JDE, Ariba, and several other financial and contract management products.

Meeting the Contract Management Challenges In today's global business operations, outsourcing transactions are complex and involve the support of Information Technology, Business Processes, and Cloud based services. Industry research has established that fragmented contract management procedures coupled with lack of a common systems infrastructure can lead to poor visibility of contracts and inadequate analysis of contract performance.

Only a comprehensive contract management and governance system like AvaSense can measure, analyze, and govern the service delivery effectiveness throughout the contract lifecycle. AvaSense has successfully demonstrated its robust capabilities in managing hundreds of contracts across global operations by process automation and business analytics that enable strategic decision-making.