Case Study: Sevita achieves company-wide contract oversight and contract savings with Concord

Sevita - Customer Case Study

Sevita, a large company with more than 30,000 employees, needed to create a company-wide contract management process because its thousands of contracts were being stored and handled locally without legal oversight. This led to compliance issues, missed renewal deadlines, audit difficulties, and losses from poor visibility into vendor agreements. Sevita chose Concord contract lifecycle management software to bring order to its contract operations.

Concord implemented a flexible, end-to-end CLM system for Sevita, with built-in e-signatures and real-time editing to support different contract types, workflows, and approvals across teams. As a result, Sevita now tracks thousands of documents per week in one place, has better oversight of deadlines and negotiations, and has reduced back-and-forth email. Sevita reported saving many hours and dollars, and said it has not paid out a contract since implementing Concord because renewal notices are now tracked more reliably.

Sevita

Jennifer Neville

Corporate Associate General Counsel