Case Study: a financial services company reduces contracts processing time by 80% with Epiq Contracts Solutions

FinServ Company Reduces Contracts Processing Time by 80%

A financial services company faced challenges with its contract lifecycle management (CLM) processes, seeking to eliminate manual work and better organize its contracts. To address this, the company partnered with Epiq and its Contracts Solutions service to improve its workflow.

Epiq defined the client's existing capabilities and implemented automated self-service contract processes. This solution reduced average contract processing cycle times by 80% and cut manual steps in half. The results provided the financial services company with better visibility and analytics for its 45,000 contracts, allowing its legal team to focus on higher value-added matters.