SUNIL MASAND
PROCUREMENT TRANSFORMATION
Synertrade operates on a modular approach , offering coverage across the entire S2P function – incorporating supplier relationship management , supply chain management and procureto-pay . Olivier Berrouiguet , CEO at Synertrade , says : “ Synertrade Accelerate evolves alongside a partner ’ s procurement department to continuously improve data management . By integrating data from various sources , Accelerate simplifies procurement , boosts productivity and ensures users have an easy-to-use , singlesource-of- truth platform .
“ This approach enhances efficiency while creating a user- friendly environment that encourages collaboration .”
SUNIL MASAND
TITLE : SVP PRODUCT COMPANY : AAVENIR
INDUSTRY : PROCUREMENT / SOFTWARE DEVELOPMENT
LOCATION : CALIFORNIA , US
Sunil Masand serves as SVP for Product at Aavenir . He is responsible for product vision and innovation aimed at helping procurement , legal and IT teams deliver savings , drive efficiency and minimise risk with easy-to-use , AI-differentiated S2P solutions built on ServiceNow .
Avenir : enabling connected S2P experience Elsewhere , Texas-based Aavenir offers S2P applications specifically on the ServiceNow platform .
Its AI-powered products enable RFP management , vendor onboarding , contract lifecycle management , contract obligation management and AP automation processes through a connected experience .
Aavenir ’ s flagship product , Contractflow , not only automates and accelerates the CLM process , but reduces contract risk and vendor obligation performance risk using AI .
Sunil Masand , SVP Product at Aavenir , highlights the benefits : “ ServiceNow provides immense robustness and flexibility to configure Aavenir ’ s applications to meet business needs across a variety of buying categories , contract types , industries , geographies and more – all with low / no code . This helps Aavenir ’ s customers realise accelerated time to value along with lowered implementation costs .”
The competitive edge : integrated S2P experience While traditional procurement often involves separate teams handling different stages of the S2P workflow , leading enterprises are gaining a
94 November 2024