Case Study: BNP Paribas achieves 84% faster legal document drafting with AXDRAFT

BNP Paribas – 84% faster legal document drafting with AXDRAFT

BNP Paribas, a major international banking group, faced challenges in its legal operations, where drafting procurement agreements was a time-consuming manual process taking an average of 60 minutes per document. Their Ukrainian branch, UKRSIBBANK BNP Paribas Group, needed a secure and flexible document automation solution to integrate with their existing systems. They turned to AXDRAFT's electronic document management software to address their needs for data safety, fast integration, and workflow efficiency.

AXDRAFT implemented its solution, which included high-level data encryption and integration with corporate registers, in just two weeks. This automation streamlined the bank's legal workflow, resulting in an 84% reduction in document drafting time, decreasing from 60 minutes to under 10 minutes per agreement. For BNP Paribas, this translates to over 1,000 hours saved annually, allowing their legal team to focus on more strategic tasks.

BNP Paribas