Case Study: a multinational technology manufacturing company improves contract management with Epiq CLM implementation

Multinational Technology Manufacturing Company Improves Contracts Processes with CLM Implementation

A multinational technology manufacturing company was facing significant delays and inefficiencies due to manual contract processes, which led to slow negotiations, approvals, and difficulties in tracking obligations. To address these compliance risks and improve productivity, the company partnered with Epiq for the implementation of a contract lifecycle management (CLM) solution.

Epiq implemented a new CLM tool that automated workflows, created a centralized contract repository, and introduced tracking alerts and reporting tools. This solution provided the client with enhanced visibility and valuable performance insights. The measurable results included training 1,400 users, migrating approximately 3,800 contracts, and establishing a new workflow connecting three departments, which collectively increased productivity across their contracts process.