The Challenge: A Mountain of Manual Work
No Pre-approved Templates: Legal drafted contracts from scratch, causing delays and inconsistencies.
Approval Bottlenecks: Untracked emails hid contract status, stalling critical decisions.
Pre-signing Gaps: No platform to enforce mandatory legal reviews before execution.
Data Silos: Spreadsheets and emails scattered contract data across the enterprise.
Compliance Risk: Manual processes couldn’t guarantee adherence to complex regulations.
The Turning Point: Choosing a Modern Solution
Volody was selected for enterprise-scale automation, seamless integration, and agile customization. A discovery phase with legal teams pinpointed specific challenges, enabling a bespoke implementation.
The Solution: A Tailored Implementation
7-Week Rollout
Custom Workflows: Automated review and signature flows for each contract type, eradicating delays.
Template Library: Central store of 30+ pre-approved templates accessible to business units.
Central Repository: Secure, searchable storage for 1,200+ legacy contracts with advanced tagging.
Real-Time Reporting: Dashboards and MIS reports offering leadership instant visibility.
Version Management: Online collaborative drafting with automated version control and audit trails.
The Results: A New Standard of Efficiency
40% Faster Drafting: Pre-approved templates eliminated repetitive work.
35% Quicker Approvals: Automated workflows compressed cycle times.
1,200+ Contracts Managed: Centralized on a single, secure platform.
100% Compliance Checks: Mandatory legal reviews enforced pre-signing.
Audit-Ready Reporting: Instant access to contract statuses and metrics.
Volody’s CLM transformed the client’s contracting process into a streamlined, compliant, and efficient engine powering industrial growth.
About the Client
A diversified industrial powerhouse founded in 1935, operating in cement, sugar, power, and refractory sectors with $1.6B revenue and 8,500+ employees. Ranked #1 globally by the Carbon Disclosure Project for lowest carbon footprint and sustainability leadership.
Company Size
$1.6+ Billion Revenue
Industry
Industrial
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