Aavenir has launched ComplianceNext, a next-generation AI-powered compliance solution that performs real-time document compliance screening across regulatory policies, internal controls, and risk remediation actions. The solution ensures fast, accurate compliance checks across contracts, certifications, and vendor documents for compliance managers, legal and procurement teams, and IT and cybersecurity teams across industry verticals. ComplianceNext offers 10X faster compliance screening, 80% faster risk remediation, and 88% improvement in contract pre-signature risk detection.
Aavenir has introduced ComplianceNext, a groundbreaking AI-powered compliance solution designed to streamline real-time document compliance screening across regulatory policies, internal controls, and risk remediation actions. This innovative tool aims to enhance the efficiency of compliance checks for compliance managers, legal, procurement, IT, and cybersecurity teams across various industry verticals.
ComplianceNext leverages purpose-built AI Agents to ensure fast and accurate compliance checks across contracts, certifications, and vendor documents. The solution promises a significant boost in efficiency, with the ability to perform compliance screening 10X faster, reduce risk remediation by 80%, and enhance contract pre-signature risk detection by 88%. This translates to substantial savings in non-compliance penalties and audit costs.
Built on the ServiceNow platform, Aavenir ComplianceNext is certified as an enterprise-grade SOC2 Type II and ISO 27001 solution. It offers scalable pre-built workflows and libraries that span over 100 regulations, including DORA, FATCA, GDPR, FCPA, and cybersecurity policies. These features enable accelerated value realization within days, making it easier for enterprises to integrate ComplianceNext into their existing CLM, vendor onboarding, GRC, and TPRM platforms.
The launch of ComplianceNext comes at a critical time as the regulatory landscape continues to evolve and the pace of development accelerates. Continuous Compliance Automation (CCA) has emerged as a necessity to address the speed of modern development and ensure compliance with growing regulatory requirements. ComplianceNext aligns with this trend by embedding compliance directly into the software delivery lifecycle, thus enabling proactive, strategic compliance and risk management.
Despite its potential, the adoption of CCA faces several challenges, including integration complexity, false confidence in automation, and the need for a cultural shift to foster collaboration between compliance and DevOps teams. Aavenir's ComplianceNext addresses these challenges by providing a robust, scalable solution that can be integrated into existing workflows, thereby reducing the need for manual compliance checks and enhancing overall efficiency.
For more information, readers are encouraged to refer to Aavenir's ComplianceNext Product Brief. Aavenir continues to be a trusted provider of Generative AI Contract Lifecycle Management (CLM) solutions, built on the ServiceNow platform, offering a range of solutions that optimize and strengthen visibility and compliance across Source-to-Pay and Lead-to-Cash processes.
References:
[1] https://www.businesswire.com/news/home/20250814749209/en/Aavenir-Launches-ComplianceNext-to-Power-Contract-and-Vendor-Compliance-with-a-Suite-of-Next-generation-AI-Agents
[2] https://regscale.com/blog/cca-drivers-benefits/
Comments
No comments yet