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Food & Beverages

The Food & Beverage (F&B) industry faces multiple challenges such as quality food, compliances to all relevant laws including Food and Drug Administration (FDA), United States Department of Agriculture (USDA), FSSAI, Food Standard Agency (FSA). The growing digitization and added e-commerce business channel has created another challenge for F&B companies and they remain always under pressure to minimize the risk of supply chain disruptions and customer dissatisfaction. The risks of quality food, chemical adulteration, pesticides, cancer causing chemicals in food products, genetically modified organisms (GMO) and food wastage causing concerns in the industry and public. As a result, the food and beverage industry comes under constant scrutiny from regulatory authorities in every market globally. A robust and AI enabled contract management solution for food and beverages vertical comes in handy to help the business manager, general counsels, risk officers and compliance officers ensure organization wide efficiency at every step and ensuring all policies are complied and do not become any obstacle to business.

Volody CLM — Enterprise Contract Management Software for Food and Beverage industry allow organizations to streamline all contracting processes, reduce risks, and design a better compliance management framework:


Seamless integration of Artificial Intelligence, Machine Learning and work-flow programming for smooth contract execution process.


Track and manage contractual data comprehensively to ensure all compliances are in place and valid.


Maintain audit trail and versions for all the changes made to all kind of contracts including vendor, service providers, customers and third parties.


Smartly create contract with use of AI and ML and provide base document to users (Legal Or Business) with the use of repository, clause library, similar contract with counter-parties.


Integration with reputed e-signature companies including Docusign, NSDL to allow electronic signature as per law of land.


Easy visibility to contractual obligations, milestones, deliverables to ensure adherence to the scope of work and meet delivery timelines and budget expectations.


Internal approval workflow to ensure that all contracts are duly approved as per internal Limits of Authority.


Store and manage all executed contracts within indexed, searchable and secure repository.


Communication with business, legal and counter-party.


Various dashboards, MIS and vital information for data analytics and improve your revenue, control costs and manage vendors.


Generate reports to increase transparency and stakeholder accountability for key actionable items and performance indicators.


Reminders for renewals, negotiations and executions to ensure availability of legal contract at all time.


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