Logo
Sign in
Product Logo
AIP for USG: Vendor Agreement Compliance and Violation DetectionPalantir

AIP can help increase compliance for vendor agreements across the entire lifecycle by proactively comparing each purchase decision against contract terms.

Vendor

Vendor

Palantir

Company Website

Company Website

7a611e49e625b1fbda99.png
Product details

Overview

AIP can help increase compliance with procurement agreements by integrating validation checks across the procurement decision process and automatically applying them to incoming data. Procurement teams are alerted as compliance checks fail, and AI assists in recommending necessary action for human-in-the-loop review.

Features

  • Automated Validation: AIP allows teams to configure rules for every incoming Purchase Order, linked goods receipt, and invoice to ensure compliance with contract terms. For example, minimum order quantity, credit limits, tariffs, on-time payment, and product quality, etc.
  • Alert Inbox: AIP proactively generates and surfaces alerts to end-users for them to review and act on. AIP can capture these decisions to inform future recommendations.
  • Business Rule Capture: Configure bespoke business rules to track vendor contract violations. Rules can be extracted from existing documentation and other sources, without complex code authoring.