Terzo Launches NirvanAI Platform to Help Fortune 500 Companies Recover Billions Lost to Poor Contract Management
Summary
Terzo unveils NirvanAI, an AI-powered platform that helps Fortune 500 companies including Cisco, Home Depot, and Delta recover billions from the $3 trillion global contract management crisis, delivering 90-day ROI and 10% spend optimization through instant document search capabilities.
Key Points
- Terzo launches NirvanAI, an AI-powered platform that helps Fortune 500 companies like Cisco, Home Depot, and Delta optimize contracts and spending through conversational interfaces and generative AI capabilities
- The platform addresses a $3 trillion global problem of poor contract visibility, with enterprises losing an average of 9% of annual revenue due to hidden contract obligations and compliance failures
- NirvanAI delivers 90-day ROI by enabling users to search thousands of documents and billions in contracts instantly, replacing manual processes and providing 10% spend optimization for early adopters