Case Study

The speed at which new contracts are being drafted now has increased by upto 90%

The speed at which new contracts are being drafted now has increased by upto 90%

Pages 3 Pages

Mitratech Case Study: EraCLM WWAA The Company A Fortune 200, publicly traded global consumer technology a nd software company with multinational operations. Challenge The company’s global sales (“deal desk”) and sourcing departments drafted and negotiated thousands of contracts each year, but with minimal corporate visibility due to what they described as a “clunky home-grown” solution. The global scale of their contracting process and increasing risk profiles had simply become too complicated for their current system. Some of the issues? • The contract drafting, collaboration, and negotiation process was manual, slow, and opaque. There was little visibility into knowing where contracts reside and what tasks were pending for individuals during the process and post-execution. • Sales

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