Case Study: Stahlbau Magdeburg achieves more efficient contract management with ContractHero

Stahlbau Magdeburg saves €100,000 and cuts unplanned renewals by 95% with ContractHero

Stahlbau Magdeburg, a steel and plant construction company, faced challenges with inefficient contract management due to physical files stored in disparate locations and a lack of a centralized digital system. This led to confusion, unplanned renewals, and difficulty maintaining an overview of their over 450 contracts. They sought an intuitive, cost-effective tool to digitize these processes and chose to implement the ContractHero software.

By implementing ContractHero, Stahlbau Magdeburg created a central digital repository for all contracts and certificates. The solution provided an intuitive dashboard for oversight, custom fields for in-depth analysis, and proactive deadline management. This resulted in a 95% reduction in unplanned renewals, €100,000 in savings in the first year, and a 90% reduction in approval times, granting the company full transparency and control over its contract portfolio.

Stahlbau Magdeburg