Case Study: a Fortune 500 mortgage company streamlines contract management with Gatekeeper

a Fortune 500 mortgage company saves 15 hours per week with Gatekeeper

A major fortune 500 mortgage company faced significant contract management challenges due to its substantial growth. Without a formalized process, contracts were disorganized and difficult to locate, leading the team to spend 15 hours per week searching for documents and missing a large percentage of renewals. The company needed a flexible and user-friendly central repository to manage risk and streamline workflows, which led them to the vendor Gatekeeper.

Gatekeeper provided a customizable and intuitive platform that consolidated all contracts into a single source of truth. The solution saved the company 15 hours per week previously spent searching for contracts, allowing that time to be reallocated to cost-saving negotiations. Using Gatekeeper, the company also identified and eliminated redundant software licenses, resulting in significant cost reductions.