Case Study: Alkermes achieves data-rich contract management with Agiloft

Alkermes goes from manual email workflows to data-rich CLM with Agiloft in 1 week

Alkermes, a global biopharmaceutical company, faced significant challenges with its manual, email-based contract lifecycle management. This process left the legal team without centralized data, burdened by administrative tasks, and unable to track contract status effectively, a problem that was exacerbated during the COVID-19 pandemic when remote work made the old system untenable.

The company implemented the Agiloft Contract Lifecycle Management (CLM) solution. This provided a central repository and automated workflow, giving business units unprecedented data visibility and freeing the legal team from administrative burdens. The results were transformative: Alkermes went from being data-poor to data-rich, enabling insightful reporting for business leaders and fostering better team cohesion and vendor communication through the Agiloft platform.

Alkermes