CASE STUDY Government Agency | United States
Government Agency Reduces Contracts Cycle Time by Improving CLM System
Client Need
Improve the contracts creation process and CLM system by eliminating manual workflows and reducing lengthy cycles.
Client Solutions
Streamline the contracts creation process, implement self-service contracts creation, and standardise contracts management by:
- Automating and digitising workflows, including the template selection process.
- Implementing new and enhancing existing templates.
- Creating a clause library and playbook across contract types.
- Standardising data models based on contract types.
- Designing a standard process for repository storage of executed agreements.
Why Epiq
- Dedicated Contracts Solutions team.
- Completion of over 1,000 Contracts Solutions projects.
- Serve many global Fortune 5000 companies.
- Performed over 275 global CLM implementations.
Results and Benefits
36 new and 12 upgraded templates.
Reduction in contracts turnaround time.
Increase cost savings.
Productivity and compliance improvement.