CLM7

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About CLM7

Deep Dive with Clara AI

Asignet is an enterprise platform that automates invoice validation, accounts payable, and spend management across three verticals: Technology Expense Management, Business Spend Management, and Revenue Reconciliation. Powered by RPA and deterministic validation, it catches billing errors, manages vendor contracts, and controls costs — before payment is released.

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Pricing

Free Trial Not Available
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Platforms Supported

Browser Based (Cloud)

Organization Types Supported

Large Enterprises
Medium Business

API Support

Available

Modes of Support

24/7 (Live rep)

CLM7 Features

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Expense Management Features

Multiple Reporting Currency

Reports entries from different origin currencies in the native exchange rate.

Spend Control

To reduce spending and prevent unauthorized use by setting transactional control.

Time & Expense Tracking

Time and Expense is the process of recording and tracking hours worked and expenses as they relate to projects

Card Spending Tracker

Automatically tracks the expense done using a linked debit or credit card.

Multi-level Approval

A sequential and thorough review process to approve expenses.

Reconciliation Summary

A statement prepared to report total outstanding payments and receipts.

Tax Claim

Helps with tax reclaim on expenses and maximizes the tax benefit of the organization.

Bank Feed Sync

Can sync with bank notification and fetch expenses to make entries in the record book.

Receipt Scanner

OCR (Optical Character Recognition) tool to scan and upload a paper receipt to make entries on the go.

Receipt Management

Store and manage receipts of the expenses incurred by the employees.

Reimbursement Management

Helps in managing employee expenses claims and regularize the approval process.

Expense Approval

Managers can review and approve expense reports. Expenses not in compliance are automatically flagged or rejected.

Third-party Integration

Offers synchronization with third-party applications

Mileage Tracking

Facilitates tracking mileage automatically and stop recording when a location is reached & it can produce IRS compliant reports

Contract Management Features

Lifecycle Management

Helps in automating and managing all the critical phases of a contract, starting from its initiation until its compliance and renewal.

Contract Templates

Provides ready-made beautiful templates for writing different types of contracts

Approval Workflow

Allows to route the documents to one or multiple people for seeking their approval

Specialty Contracts

Helps managing specialty or formal contracts that mainly are written agreements, as a deed.

Sell Side (Customers)

Helps in managing the contracts related to the firms that sell investment services to asset management firms/organizations

Government Contracts

Helps taking care of Government contracts that allows you to sell your goods/services to the Government and its different agencies

Full Text Search

Allows and helps in searching for a single or a collection of computer-stored documents in a full-text database.

Digital Signature

A facility to capture digital signature in a secure format

Contract Drafting

Helps in drafting a reliable and secure contract for understanding properly the terms of the agreement

Completion Tracking

Helps in setting certain completion criteria for any activity within a contract management process

Buy Side (Suppliers)

Helps managing contracts of firms that buy investment services like securities

Auto Extraction

Helps in conducting auto scanning of data and extract the required piece of information from a contract document

Milestone Tracking

They act as signposts through the course of your project, as they help to ensure that you're staying on track.

Contact Management

Organizing customer data in a centralized location and handling contact details, demographics, transactions, etc.

Document Management

Ability to store and manage various information and documents in electronic format.

Version Control

It gives the team the ability to recall specific versions of a document, code, content, file, or folder that records changes over time.

Accounts Payable Automation Features

Invoice Matching

Automatically matches invoices with purchase orders and receipts (2-way / 3-way matching).

Invoice Capture

Utilizes OCR technology to efficiently capture and process data from both paper and digital invoices, ensuring accurate and structured data entry.

ERP/Accounting Integration

Seamlessly integrates with ERP and Accounting tools like QuickBooks, Xero, NetSuite, and SAP.

Audit Trail

A record of changes made in chronological order of a user or activity

Compliance Management

Helps in making an assessment of risks, ensures policy comprehension and that policies/procedures are being followed

Approval Workflow

Allows to route the documents to one or multiple people for seeking their approval

Duplicate Detection

Detects duplicate data and notifies the users about potential duplicates

Multi-Currency

Enables payment and collection in multiple currencies.

ACH Payment Processing

Offers support for ACH, virtual cards, checks, and wire transfers.

Vendor Management

Helps to manage necessary data concerning vendors and allows easy access

Fraud Detection

Detect foul practices and handle disputes between participants, if any

Business Management Features

Order Management

Helps tracking, monitoring, supervising, and meeting deadlines concerning ordered goods in an automated and systematic way

Inventory Management

Helps in recording inventory to optimize and fulfill the requirement.

Financial Management

Handles functions like management of cash and utilisation of funds

Time & Expense Tracking

Time and Expense is the process of recording and tracking hours worked and expenses as they relate to projects

Purchasing

Acquiring goods or services required for the business at minimal cost

Billing and Invoicing

This feature helps in issuing and handling the invoice and bills.

Marketing Management

Documents, tracks and also helps to access all data pertaining to the marketing department

Employee Management

Helps in automating, managing and accessing the data related to the employed staffs, records vital data, etc. in the enterprise

Training Management

Automates the documenting processes involved in training management and records the performance of employees during training sessions

Scheduling

Manages and helps to prepare schedules in an appropriate and timely manner

Vendor Management

Helps to manage necessary data concerning vendors and allows easy access

Performance Metrics

Helps in measuring the performance, activities, and behavior of the employees/students individually or collectively as a team

CRM

Handles your contact database, follows up with potential customers and keeps them engaged

Project Management

Helps in managing the projects necessary for streamlining and enhancing the customer relationship management tasks.

SaaS Spend Management Features

Usage Monitoring

Enables admins to monitor and control SaaS tool usage, preventing unauthorized access and detecting suspicious activity or misuse.

Spend Optimization

Allows to identify and control redundant and unnecessary costs and transactions.

Spend Tracking

Ability to effortlessly track and map spending across departments using all tools.

SaaS Utilization Tracking

Allows to keep track of the number of licenses in use and their usage

Policy Enforcement

Allows administrators to establish comprehensive security and data governance policies.

SaaS Automation

Facilitates process automation surrounding SaaS administration

License and Renewal Tracking

Helps to track all contracts, software licenses, and service agreements to operate effectively.

Onboarding Tools

Comes with built-in onboarding tools for new user adoption

Contract Management

Helps in automating, streamlining and enhancing every vital aspect of a contract

Dashboard

A digital insight of reports and other workings on a single screen

Spend Forecasting

Helps to measure future spending on SaaS tools based on contracts.

Peer Benchmarking

Enables comparison of software products, costs, sentiment, and usage with those of peer companies.

Application Catalog

Businesses have the option to select from a variety of applications for subscription, tracking, and management

Recommendation Engine

Analyzes available data using machine learning algorithms to make the most relevant suggestions the user might be interested in

Access Control

Defines application access to various users. Includes role-based system that controls options to be displayed to different users based on their role

Cloud Cost Management Features

Integration with DevOps & FinOps Tools

Resource Utilization Tracking

Usage Analytics & Reporting

Real-Time Alerts & Anomaly Detection

Multi-Cloud Cost Management

Cost Optimization & Recommendations

Budgeting & Cost Forecasting

Cloud Cost Monitoring & Visibility

Automated Cost Control

Cost Allocation & Tagging

IT Asset Management (ITAM) Features

Asset Database

A single view of asset information, warranty, and related data of an asset.

License Management

Keep track of all the contracts, software licenses, and service agreements to operate effectively

Asset Tracking

Tools a company uses to run its business

Maintenance Management

Helps in recording vital data concerning the overall maintenance of a hospitality property

Compliance Tracking

Helps in tracking and monitoring and auditing all the regulatory compliance requirements

Inventory Overview

Offers an overall view of the inventory stock in a glimpse

Cost Tracking

Helps in tracking the cost of stock items for easy access

Product/Service Catalog

List of the products and services with current stock levels and their request status.

Procurement Management System

Streamlines the purchase process, manages supplier relationships and associated documents.

Version/Patch Management

Keeps the devices up-to-date with software updates and the latest security patches

CMDB

Configuration Management Database (CMDB) is a database with an in-depth view of configuration items (CI), attributes, incidents and performance throughout its lifecycle.

Vendor Management

Helps to manage necessary data concerning vendors and allows easy access

Enterprise Mobility Management Features

BYOD Management

Mobile Device Management (MDM)

Integration with mobile device management platforms for monitoring and managing smartphones and tablets.

Compliance Management

Helps in making an assessment of risks, ensures policy comprehension and that policies/procedures are being followed

Remote Device Management (Lock/Wipe)

Data Encryption & Protection

Device Security & Policy Enforcement

Identity & Access Management

Mobile Application Management (MAM)

Mobile Device Management (MDM) Features

Policy Enforcement

Allows administrators to establish comprehensive security and data governance policies.

Cross Platform Support

Compatible with Windows, macOS, Linux, iOS, and Android.

Version/Patch Management

Keeps the devices up-to-date with software updates and the latest security patches

CLM7 Pricing

Free Trial

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Pricing Options

Premium Plans ( Quotation Based )

Custom Plan Custom

Asignet pricing is customized based on each organization's needs, including the complexity of its vendor environment, number of systems and invoices managed, and the scope of services required. Because Asignet combines technology expense management, business spend management, revenue reconciliation and intelligence with broader payment integrity capabilities in one platform, pricing is designed around the specific workflows and outcomes each customer needs.

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CLM7 FAQs

What makes Asignet different from traditional expense management software?

Unlike traditional expense management software, Asignet is a payment integrity platform that validates every invoice before payment—not after the fact. By combining hyperautomation, robotic process automation (RPA), and our proprietary Wayfast platform, Asignet connects vendor data, contracts, and usage across complex operations to identify billing errors, reduce manual work, and adapt quickly as your business grows.

What size companies use Asignet?

Asignet is built for enterprise organizations managing complex vendor ecosystems across telecom, SaaS, cloud, mobile, and business spend. It's also a strong fit for growing mid-market companies that need business spend management, revenue reconciliation and intelligence, and technology expense management solutions capable of scaling with new vendors, acquisitions, and expanding operations without losing visibility or control.

How does Asignet validate invoices?

Asignet uses robotic process automation (RPA) to collect invoice, contract, and usage data from vendor systems—even when APIs aren't available. Our 100% deterministic validation engine identifies billing errors, unauthorized charges, and rate discrepancies before payment is released. Every charge is validated line by line against contracted rates and business rules, with discrepancies automatically flagged for review, dispute, or approval before payment is processed.

Does Asignet customize workflows?

Yes. Every organization manages vendors and approvals differently, so Asignet adapts to your existing processes rather than forcing you into a standard workflow. Custom validation rules, approval paths, reporting, and integrations can all be configured to support everything from SaaS subscription management to cloud expense management and enterprise procurement.

Does Asignet offer API integrations?

Yes. Asignet integrates with ERP, HR, ITSM, finance, and vendor platforms through APIs whenever they're available. When they aren't, our proprietary Wayfast platform and robotic process automation create reliable connections without the lengthy development cycles required by traditional integrations—helping you reach value faster with less IT overhead.

How long does implementation take?

Asignet typically deploys in 30-60 days. Our Wayfast engine is built for rapid implementation — no rip-and-replace of existing infrastructure, no months-long configuration cycles. We can build a complete asset inventory in as little as 12 days, allowing teams to start validating invoices, improving cloud cost optimization, and strengthening mobile spend management much sooner than traditional expense management platforms.

How does Asignet reduce telecom costs?

Asignet's telecom expense management platform validates every carrier invoice against contracts, inventory, and actual service usage before payment. By identifying inactive lines, billing errors, and outdated plans, organizations can eliminate unnecessary spending and gain better control over recurring telecom costs.

Can Asignet identify unused services?

Absolutely. Asignet continuously compares carrier invoices against your inventory to identify inactive lines, unused circuits, disconnected devices, and services that are still being billed. That means you only pay for the technology your business is actually using.

Does Asignet support wireline and wireless invoices?

Yes. Asignet validates invoices across wireline, wireless, mobile, voice, and data services through a single platform. Whether you're managing one carrier or many, Asignet provides centralized visibility across your entire telecom environment while supporting broader managed mobility services initiatives.

How does Asignet help with billing discrepancies?

When billing discrepancies are identified, Asignet provides a complete audit trail showing exactly where the charge differs from contracted terms or inventory records. This gives your team the documentation needed to resolve disputes faster and recover overpayments with confidence.

Can you request new devices through Asignet?

Yes. Asignet streamlines mobile requests through configurable workflows that support device ordering, approvals, and provisioning. By integrating with HR and IT processes, organizations can reduce manual work while improving consistency across their enterprise mobility management solutions.

Can Asignet track individual employee mobile usage?

Yes. Asignet tracks device assignments, mobile usage, and associated costs for every employee, making mobile spend management more transparent. This helps organizations identify unused lines, optimize service plans, and ensure employees have the right level of connectivity without unnecessary costs.

Does Asignet approve service changes?

Yes. Asignet automates approval workflows for service changes, upgrades, and provisioning requests, ensuring the right stakeholders review changes before they're processed. This helps organizations maintain control while keeping mobile operations moving efficiently.

How does Asignet optimize wireless plans?

Asignet continuously compares mobile usage against carrier plans to identify opportunities for optimization. By right-sizing plans based on actual usage, organizations reduce unnecessary costs while improving overall mobile spend management across their workforce.

Can Asignet detect duplicate software subscriptions?

Absolutely. Asignet identifies duplicate software subscriptions, overlapping applications, and redundant licenses across your organization. By consolidating this information into one platform, IT and Finance can eliminate unnecessary spending without disrupting employee productivity.

Can Asignet integrate with ERP systems?

Yes. Asignet integrates with leading ERP, HR, finance, and IT platforms to automate invoice validation, approvals, and reporting. Combined with robotic process automation and Wayfast, organizations can connect systems quickly while supporting SaaS accounting without adding unnecessary complexity.

Can Asignet identify idle cloud resources?

Yes. Asignet continuously identifies idle, oversized, and underutilized cloud resources that increase costs without adding business value. By surfacing optimization opportunities before the next billing cycle, organizations can improve cloud cost optimization while maintaining the performance their teams depend on.

Does Asignet support AWS, Azure, and Google Cloud?

Yes. Asignet supports Amazon Web Services (AWS), Microsoft Azure, and Google Cloud Platform (GCP) through one centralized platform. By bringing invoices, usage data, and contracts together, organizations gain complete visibility into multi-cloud cost without switching between separate provider portals.

Is Asignet a FinOps platform?

Asignet supports FinOps by helping organizations understand, allocate, and optimize cloud spending through accurate invoice validation and cost visibility. Unlike traditional FinOps tools, Asignet extends beyond cloud infrastructure to include SaaS, telecom, mobile, and broader business spend in one platform.

What industries does Asignet serve?

Asignet serves organizations managing complex financial and operational workflows across three core areas: Technology Expense Management, Business Spend Management, and Revenue Reconciliation & Intelligence. This includes organizations managing everything from telecom and mobile expenses to SaaS, cloud, vendor spend, invoice validation, and accounts payable.

What is CLM7 used for?

CLM7 is Expense Management Software. CLM7 offers the following functionalities: