Case Study: a leading government agency reduces contract turnaround time with Epiq CLM optimization

Government Agency Reduces Contracts Cycle Time by Improving CLM System

The leading government agency faced challenges with a slow and manual contracts creation process, requiring a solution to reduce cycle times and improve their contract lifecycle management (CLM) system. They engaged Epiq for its CLM optimization services to address these inefficiencies.

Epiq streamlined the process by automating workflows, implementing self-service contract creation, and standardizing data and templates. The solution included building a clause library and playbook, as well as designing a standard process for repository storage. As a result, the agency significantly reduced its contract turnaround time, increased cost savings, and saw improvements in productivity and compliance. Epiq delivered 36 new and 12 upgraded templates as part of this successful implementation.