OpenText Aviator: Supply Chain Use Case Scenarios

Supply Chain Scenario

OpenText Aviator offers a solution for procurement contract reviews, enabling users to analyze contracts at high speed. With AI capabilities, it can instantly identify terms, flag risks, and facilitate smarter negotiations by processing extensive legal documents efficiently.

Key Feature: Procurement contract reviews powered by AI.

Benefit: Streamlines contract analysis, risk assessment, and negotiation processes.

Why Supply Chain Made Simple with OpenText

Challenges in Today's Supply Chain:

Inconsistent messaging and poor brand experiences leading to confusion.
Manual personalization being slow and resource-intensive.
Difficulty in accessing approved assets, resulting in outdated information.
Challenges in personalization, making it hard to stand out.
Customer disengagement due to a lack of value or clarity.

Powered by OpenText:

OpenText™ Content Aviator™ provides the solution.

Wins for Everyone:

Vendor Partners: AI enhances velocity, collaboration, and compliance.
Procurement Teams: AI accelerates contract analysis and negotiation for faster decision-making.

The Big Payoffs:

Faster Contract Turnaround: Accelerates contract analysis and approvals with AI summarization and risk flagging, reducing review and red-lining time by up to 70%.
Reduced Compliance Risks: Automatically detects deviations from policies, regulatory clauses, or preferred terms, enabling up to 90% faster identification of negotiation red flags.
Streamlined Supplier Evaluations: Analyzes RFPs, past performance, and SLA adherence across documents for easier supplier comparisons.

Getting Started:

Procurement: Automates contract review, highlights risks, and shortens sourcing timelines.
Legal and Compliance: Surfaces deviations in supplier terms and ensures contract alignment with policies.
Supply Chain Management: Improves end-to-end visibility into supplier documents and performance data.
Vendor Management: Speeds up onboarding with instant access to required forms and contract intelligence.
Finance and Audit: Enhances spend transparency and reduces compliance risk with AI-extracted insights from procurement records.

Contract Insights to Support Stronger Supplier Negotiations

As a purchasing agent, quickly reviewing agreement details is crucial for successful supplier negotiations.

Key Steps for Negotiation Support:

Key Term Summary:
Sample Prompt: "Highlight the most important terms in this contract."
Impact: Extracts all critical details, saving hours of manual reading and increasing transparency.
Risk and Compliance Scan:
Sample Prompt: "Are there any high-risk or non-standard clauses in this contract?"
Impact: Flags deviations from standard templates, missing audit rights, or ambiguous obligations, empowering proactive negotiation.
Suggest Revisions:
Sample Prompt: "Rewrite the indemnity clause to match our company's preferred language.”
Impact: Proposes compliant language aligned with company policy, accelerating legal review.
Clause Comparison:
Sample Prompt: "How does this agreement compare to our last supplier contract?"
Impact: Provides a side-by-side clause comparison, highlighting changes, improvements, or regressions for smarter decision-making.
Successful Negotiations:
OpenText Aviator assists in understanding vendor contracts rapidly. Automating manual tasks allows purchasing agents to dedicate more time to supplier negotiations, saving the company money.

Unlock the Possibilities:

Confident Decisions: Supports up to 3x more informed procurement decisions.

See it in action!

OpenText Aviator enables limitless possibilities in supply chain management.

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