Case Study: Japan-based Fortune conglomerate achieves 9x productivity and ~90% cost savings with EdgeVerve's XtractEdge Contract Analysis

9x improvement in productivity with automated contracts analysis and risk review for a Fortune 50

Japan Based Fortune Conglomerate, a 100‑year‑old, $86B diversified group with 879 subsidiaries across 46 countries, faced a major procurement bottleneck: manual contract review consumed roughly 25% of staff time, required 2–3 hours per draft, produced subjective risk scores, and made onboarding slow. They engaged EdgeVerve to deploy XtractEdge Contract Analysis to automate and standardize contract review and risk assessment.

EdgeVerve configured XtractEdge Contract Analysis by training ML models on historical contracts, tagging clauses, building contract summaries, risk‑scoring, and deploying a collaborative review dashboard and knowledge base with SME feedback. The result was a 9x productivity gain (review time cut from ~150 to <15 minutes), ~90% labor cost savings per review (from ~$220 to under $25), standardized, objective risk scoring, and a projected capacity increase from 260,000 to 2,340,000 contracts per year—improving contract quality and negotiation outcomes thanks to EdgeVerve’s solution.