Case Study: FMC Corporation transforms M&A contract chaos into global CLM success with Agiloft

FMC Corporation launches global CLM in 5 months with Agiloft

FMC Corporation, a global agricultural sciences company, faced significant challenges with its inefficient and disjointed contract management processes. This pain point became critical during simultaneous acquisition and divestiture activities, where gathering contract information was described as chaotic. The legal department prioritized finding a new Contract Lifecycle Management (CLM) solution to bring order to this chaos, leading them to evaluate vendors, including Agiloft.

Agiloft was selected after rigorous testing because it delivered exactly as promised. FMC implemented a global Agiloft CLM system, launching six contract templates in seven languages in just five months. The solution provided unprecedented data insight into their agreements and dramatically improved contract turnaround times, with one attorney completing a CDA in under 24 hours. User adoption was high, and the business quickly shifted from discussing pain points to celebrating success stories.

FMC Corporation​​