Contract Risk
Decision Engines integration with Salesforce and APTTUS
In today’s fast-paced business environment, organizations need to manage numerous contracts with vendors, suppliers, and customers. These contracts can expose businesses to various risks, including financial, legal, and reputational risks. Contract risk is a critical challenge that organizations must address to protect their business interests. However, detecting and mitigating contract risk can be a daunting task, especially for organizations that handle large volumes of contracts. This is where Decision Engines prebuilt connector bots come in, providing automation for contract risk detection.
Decision Engines prebuilt connector bots are designed to identify and analyze contract risks automatically. The bots leverage advanced AI and machine learning algorithms to extract critical data from contracts, such as payment terms, delivery timelines, warranties, and penalties. This enables organizations to identify potential risks in contracts, such as non-compliance, data security breaches, or financial penalties, before they become a problem.
Use Case
Challenge: The In-Home Health Provider (IHHP) is burdened with thousands of escalated purchase order contracts every month. Currently, a manager manually inputs data into an escalation template for CFO approval. This manual process is prone to errors and results in delays in contract execution due to back-and-forths between managers and executives. The dynamic nature of escalation and the need for a comprehensive template for managing other solutions have made automation a challenge.
Solution: Decision Engines worldwide will handle all purchase orders requiring escalation. The necessary fields will be digitized, verified, and forwarded to the executive leadership. This approach reduces turnaround time, allows management to use their time more efficiently, and minimizes errors.
Why Choose Decision Engines
Decision Engines’ prebuilt connector bots are an excellent solution for businesses looking to automate their accounts payable processes. The platform’s multilingual capabilities, seamless integration with PO and Payment systems, and integration with SAP Ariba and Salesforce make it a powerful solution for companies of all sizes. With Decision Engines, businesses can streamline their operations, reduce costs, and improve their bottom line.
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Decision Engines
2975 Bowers Ave, #123
Santa Clara, CA, 95051
