Case Study: Lumeris accelerates contract cycles with Aavenir Contractflow

Lumeris cuts contract cycles by 80% with Aavenir

Lumeris, a healthcare managed services operator specializing in value-based care, faced significant challenges with its manual contract processes. These challenges included limited visibility into legal workflows, a high risk of misunderstandings and disputes, and inefficient vendor onboarding. To address these issues, Lumeris sought a centralized solution and turned to Aavenir for its Aavenir Contractflow product on the ServiceNow platform.

Aavenir implemented its Contractflow solution to automate and streamline Lumeris's contract lifecycle management. The solution provided self-authoring tools for the legal team, automated renewals and alerts, and a soft-onboarding process for vendors. As a result, Lumeris accelerated its contract cycles by 5x, achieved a 100% rate of timely renewals and terminations, and reduced the time required to process contracts by 80 percent. Aavenir's solution also improved overall operational efficiency by 30 percent.

Lumeris