Raison - Icanio Technology
Raison – Automating Contract Lifecycle for Efficiency & Cost Savings
Solution
Raison streamlines CLM by automating creation, negotiation, approval, execution, and renewal, reducing manual effort, speeding processes, and enhancing decision-making.
Services
Product Development
Business Type
Enterprise
Location
India
Revolutionizing Contract Management with AI: Raison CLM Solution
How AI is Transforming Contract Management for Efficiency and Accuracy
The Problem Statement:
Traditional contract lifecycle management (CLM) is often bogged down by excessive paperwork, prolonged approval cycles, and manual tasks. These inefficiencies cause critical delays in business operations and increase the risk of non-compliance with legal and regulatory standards. Moreover, creating accurate contracts without legal support can lead to mistakes, which expose organizations to compliance risks and legal pitfalls.
Why was this a problem?
These inefficiencies have serious consequences. Slow contract approvals and execution can delay key business operations, resulting in lost opportunities and financial setbacks. Errors and non-compliance can lead to costly legal disputes and damage a company’s reputation. The burden of manual contract management means valuable time is spent on repetitive tasks rather than strategic initiatives, putting companies at a competitive disadvantage. Without streamlined processes, businesses are also at risk of missing critical deadlines for renewals and renewals, increasing the chances of penalties.
Solution Implementation:
Enter Raison CLM – a cloud-based, AI-powered solution that automates the entire contract lifecycle, from creation and negotiation to approval, execution, and renewal. By automating the process, Raison eliminates time-consuming manual tasks, accelerates approval cycles, and reduces errors. The platform uses AI/ML technology to ensure contracts comply with legal standards, even without legal experts in the room. Predefined templates, smart contract creation, digital signatures, and automated reminders work together to ensure contracts are not only completed quickly but are also compliant and secure. With Raison, organizations can now save time, reduce risks, and enhance decision-making at every stage of the contract process.
Project Introduction
The software testing process, crucial before deployment, is categorized into functional and non-functional testing. Generative AI stands out by creating a user-efficient testing interface. It analyzes inputs in formats like JSON, HAR, and XHR, converts them to YAML, and generates user-requested reports for performance analysis. The tool integrates with the artillery engine to provide results for test cases, displaying performance metrics that are easy to evaluate. It simulates realistic user interactions, integrates with CI/CD pipelines, and assesses load distribution, scalability, and data-driven testing. The tool offers comprehensive reporting and metrics, including response times and error rates, enabling cross-functional collaboration and systematic optimization of system performance in a professional software development environment
The teams needed were as follows
The various users used this platform
End Users
Developers and QA testers - This platform is designed for developers and QA testers, making it highly applicable for both roles. By providing a user-efficient testing interface and comprehensive performance metrics, the platform enhances their ability to collaborate effectively and optimise.
Super admin Users
Managers and sales team - They can view overall customer numbers, track app renewals, and access basic customer details, as well as monitor and manage bug tickets. By providing a user-efficient testing interface and comprehensive performance metrics, enhancing their ability to collaborate effectively and optimise system performance.
Challenges & Solutions
KEY CHALLENGES
SOLUTIONS
The key challenges were that the features and flow in all software testing apps were overly complicated, and users struggled with inefficient interfaces.
The main solution was developed after analysing various competitors, leading to a plan that includes a more user-friendly interface, better data visualisation, and an AI chatbot feature that other websites were not using. This is Perfido's unique selling proposition.
Before, the challenge was that all the existing websites were traditional and lacked modern features. They had complicated interfaces and flow , making them difficult to use and navigate.
By analyzing everything thoroughly, the platform has implemented an AI chatbot and a significantly improved UI that meets modern standards. The app is now user-friendly, easily accessible, and eliminates the need for lengthy processes to open or navigate.
Developing a stress environment for a digital product emerged as a pivotal challenge in the project's progression.
The solution they have implemented allows the user to customise total numbers of users , total run time and distribute the load among various servers.
KEY CHALLENGES
The key challenges were that the features and flow in all software testing apps were overly complicated, and users struggled with inefficient interfaces.
Before, the challenge was that all the existing websites were traditional and lacked modern features. They had complicated interfaces and flow , making them difficult to use and navigate.
Developing a stress environment for a digital product emerged as a pivotal challenge in the project's progression.
SOLUTIONS
The main solution was developed after analysing various competitors, leading to a plan that includes a more user-friendly interface, better data visualisation, and an AI chatbot feature that other websites were not using. This is Perfido's unique selling proposition.
By analyzing everything thoroughly, the platform has implemented an AI chatbot and a significantly improved UI that meets modern standards. The app is now user-friendly, easily accessible, and eliminates the need for lengthy processes to open or navigate.
The solution they have implemented allows the user to customise total numbers of users , total run time and distribute the load among various servers.
Enhanced API Performance Testing Software
- API performance testing software, enhanced with an AI chatbot that assists and guides the testing process to accurately measure performance metric
- It simplifies the entire API testing process by offering an intuitive interface that reduces the complexity of setting up test parameters. Users can quickly configure and initiate tests with just a few clicks, eliminating the need for lengthy setup procedures.
- Users have the flexibility to schedule tests at specific times and across different geographic regions and servers worldwide. This capability ensures comprehensive coverage and performance evaluation.
- It allows testing in designated regions and on specified servers, enabling users to assess how their applications perform under different geographical conditions.
- The platform offers robust traffic simulation capabilities, allowing users to replicate various online traffic conditions. This feature helps in evaluating application responsiveness and scalability under different load scenarios.
- After conducting tests, It generates detailed reports on test results. These reports provide insights into API performance metrics such as response times, error rates, and throughput, empowering users to make informed decisions for optimising application performance.
- Users can leverage the platform's insights to identify performance bottlenecks and optimise their applications effectively. The platform supports data-driven decisions to enhance overall application stability and responsiveness.
- Designed with a focus on user experience, the platform modernises the UI and optimises user flows for seamless navigation and efficient use of testing capabilities.
User Satisfaction and Operational Efficiency
The result was that the team successfully conducted the test, and it is proceeding smoothly.
Office Locations
Development
Centre
Centre
Nazareth
Selvan's Complex, 203,
Margoschis Road, Nazareth,
Tamil Nadu 628617
Margoschis Road, Nazareth,
Tamil Nadu 628617
Development
Centre
Centre
Tirunelveli
Selvan's Complex, 203,
Margoschis Road, Nazareth,
Tamil Nadu 628617
Margoschis Road, Nazareth,
Tamil Nadu 628617
Development
Centre
Centre
Chennai
NO. 07, Kumaran Nagar, 200 Feet Radial Road,
Zamin Pallavaram, Chennai,
Tamil Nadu - 600117
Zamin Pallavaram, Chennai,
Tamil Nadu - 600117
Office Locations
US Office
United States
2093 Philadelphia, Pike,
#5056 Claymont,
DE 19703, United States
#5056 Claymont,
DE 19703, United States
Singapore Office
Singapore
101 Cecil Street,
#20-11 Tong Eng Building,
Singapore 069 533.
#20-11 Tong Eng Building,
Singapore 069 533.
Development
Centre
Centre
Nazareth
13, Agapaikulam 8th Street
Sathankulam Road, Nazareth,Tuticorin,
Tamil Nadu 628617
Sathankulam Road, Nazareth,Tuticorin,
Tamil Nadu 628617
Development
Centre
Centre
Tirunelveli
AP Towers No. A16, NGO 'A' Colony,
North Main Road, Tirunelveli,
Tamil Nadu - 627007
North Main Road, Tirunelveli,
Tamil Nadu - 627007
Development
Centre
Centre
Chennai
NO. 07, Kumaran Nagar, 200 Feet Radial Road,
Zamin Pallavaram, Chennai,
Tamil Nadu - 600117
Zamin Pallavaram, Chennai,
Tamil Nadu - 600117
Singapore Office
Singapore
101 Cecil Street,
#20-11 Tong Eng Building,
Singapore 069 533.
#20-11 Tong Eng Building,
Singapore 069 533.
Development
Centre
Centre
Nazareth
Selvan's Complex, 203,
Margoschis Road, Nazareth,
Tamil Nadu 628617
Margoschis Road, Nazareth,
Tamil Nadu 628617
Development
Centre
Centre
Tirunelveli
AP Towers No. A16, NGO 'A' Colony,
North Main Road, Tirunelveli,
Tamil Nadu - 627007
North Main Road, Tirunelveli,
Tamil Nadu - 627007
Development
Centre
Centre
Chennai
NO. 07, Kumaran Nagar, 200 Feet Radial Road,
Zamin Pallavaram, Chennai,
Tamil Nadu - 600117
Zamin Pallavaram, Chennai,
Tamil Nadu - 600117
Icanio Technologies aims to be the solution to any of your tech problems and a stepping stone to your digital transformation. Talk to us to find out how we have helped our clients become successful and we are sure you will also want to work with us.
United States : (+1) 302 480 9804
India : (+91) 63791 67118