Optimize performance, maximize profitability, and
strengthen relationships
Unlocking value and driving success through enhanced contract performance and profitability
Tavant’s Contract.AI enables businesses to optimize their contract management processes and unlock significant value from their agreements. By leveraging Contract.AI Analytics, companies can enhance contract performance, improve profitability, mitigate risks, and strengthen customer relationships. Through the analysis of contract data, businesses can gain valuable insights into pricing trends, contract terms, and customer preferences. This enables them to personalize contract offerings, tailor pricing strategies, and optimize terms and conditions to better meet the needs of both parties involved.
Contract.AI also helps identify potential risks and compliance issues, allowing businesses to proactively mitigate them and ensure adherence to legal and regulatory requirements. Tavant’s Contract.AI help companies streamline their contract management processes, minimize revenue leakage, and maximize the value of their contractual relationships.
Features
Service plan monitoring
Optimize non-performing plans, tracking renewal rates, profitability, customer satisfaction (CSAT), and service level agreement (SLA) compliance.
Profitability
analysis
Assess contract revenue, parts cost, and service delivery expenses, considering factors such as inflation, to gain insights into profitability and optimize financial performance.
Contract renewal and churn analysis
Track customer behavior patterns and influencers for renewals and churn, and gain insights into areas for improvement or optimization.
SLA
performance
Analyze response and resolution time along with service quality to evaluate and optimize adherence to Service Level Agreements (SLAs).
Portfolio
optimization
Analyze the best contract types, service provisions, and pricing models to optimize the contract portfolio.
Service demand
forecasting
Predict and analyze service demand to anticipate parts availability, labor requirements, and service case volumes.
Service plan monitoring
Optimize non-performing plans, tracking renewal rates, profitability, customer satisfaction (CSAT), and service level agreement (SLA) compliance.
Profitability analysis
Assess contract revenue, parts cost, and service delivery expenses, considering factors such as inflation, to gain insights into profitability and optimize financial performance.
Contract renewal and churn analysis
Analyze the warranty performance of similar products within a specific industry or category to determine benchmark metrics, identify outliers, and gain insights into areas for improvement or optimization.
SLA performance
Analyze response and resolution time along with service quality to evaluate and optimize adherence to Service Level Agreements (SLAs).
Portfolio optimization
Analyze the best contract types, service provisions, and pricing models to optimize the contract portfolio.
Visualize and explore
Aggregate corporate data and gain in-depth insights into contract performance through interactive visualizations, enabling comprehensive analysis and informed decision-making.
Service demand forecasting
Predict and analyze service demand to anticipate parts availability, labor requirements, and service case volumes.
Aftermarket 4.0 – A Consumer’s Perspective
Benefits
Real-time
insights
Enable businesses to make proactive and immediate decisions based on the most up-to-date information.
Industry-specific
expertise
Enable standardization and exponentially reduce data engineering investments.
Advanced predictive
capabilities
Utilize ML models to forecast future trends, anomalies, or potential issues based on historical and real-time data.
Wide choice of
AI models
Various AI models that seamlessly and securely run on your data and store insights in your subscription.
APIs that offer
flexibility
APIs to build or run solution analytics, reports, and dashboards.
Real-time insights
Enable businesses to make proactive and immediate decisions based on the most up-to-date information
Industry specific
expertise
Enable standardization and exponentially reduce data engineering investments
Advanced predictive
capabilities
Utilize ML models to forecast future trends, anomalies, or potential issues based on historical and real-time data
Wide choice of AI models
Various AI models that seamlessly and securely run on your data and store insights in your subscription
APIs that offer flexibility
APIs to build or run solution analytics, reports, and dashboards
Explore other offerings
Warranty.AI
Optimize warranty costs, claims processing, and customer satisfaction with data-driven insights and predictive analytics.
Price.AI
Maximize revenue and margin by setting optimal prices based on market conditions, customer behavior, and competitive intelligence.
Field.AI
Streamline field service operations, improve technician productivity, and increase customer satisfaction with real-time visibility and analytics.
Quality.AI
Improve product quality, reduce defects, and enhance customer loyalty with real-time quality monitoring and root cause analysis.
Connect.AI
Enhance customer engagement and retention by leveraging data from multiple sources and channels to deliver personalized and relevant experiences.
Explore other offerings
Optimize warranty costs, claims processing, and customer satisfaction with data-driven insights and predictive analytics.
Maximize revenue and margin by setting optimal prices based on market conditions, customer behavior, and competitive intelligence.
Streamline field service operations, improve technician productivity, and increase customer satisfaction with real-time visibility and analytics.
Improve product quality, reduce defects, and enhance customer loyalty with real-time quality monitoring and root cause analysis.
Enhance customer engagement and retention by leveraging data from multiple sources and channels to deliver personalized and relevant experiences.
