News & Events
Enlighta announces Enlighta Govern R10 – a game-changer for supplier governance, risk, contract compliance and performance management
Enlighta announced the availability of Enlighta Govern R10, it’s next-generation flagship supplier governance solution that enables enterprises to improve business outcomes from the supplier and third-party relationships while lowering the risk of non-compliance and value leakage.
“Auto-generation of Contracts & SOWs, automated extraction of contract content using machine learning, Natural Language Processing (NLP), ability to use spreadsheet-like capabilities for seamless adoption, ability to easily capture forecasts and actuals across suppliers, locations and processes are just some of the key capabilities that have been added to Enlighta’s supplier governance, risk and contract compliance and performance management suite,” said Ketan Pandya, Enlighta’s Director of Research & Development.
Using Enlighta’s AI-powered web-based solutions, vendor managers can easily monitor compliance to contractual deliverables & obligations, performance SLAs, track forecasts and accruals, validate invoice line-items, track risks, issues, governance meetings, and activities.
Enlighta’s demand/intake capabilities automate the request to fulfillment process for staffing and projects. Executives can get insight into the health of strategic supplier relationships via supplier relationship health scorecards, get actionable insight into contract compliance and renewals and easily access performance, headcount, forecast, spend, risk, and compliance metrics.
Enlighta’s supplier governance and TPRM (third-party risk monitoring) solutions are used by several Global 2000 enterprises across multiple service towers and regions.