Ivo
10 Case Studies
Case Study: CNG Holdings Streamlines Contract Review and Reduces Risk with Ivo
A Ivo Case Study
CNG Holdings Streamlines Contract Review & Strengthens Risk Mitigation with Ivo
CNG Holdings, a consumer finance company, faced a significant challenge as its legal team was overwhelmed by the high volume and complexity of contract reviews. This manual process consumed valuable strategic bandwidth and introduced legal risk due to inconsistent language. To address this, they turned to the vendor Ivo for its AI-powered contract review solution.
By implementing Ivo, CNG Holdings streamlined its contract review process directly within Word and PDF. The solution saved the team 20-40 hours per week and reduced the time to review a complex agreement from an hour to just 10 minutes. Ivo also helped mitigate risk by surfacing hidden clauses, allowing the legal team to focus on strategic initiatives and strengthen their internal processes.
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CNG Holdings
Andrea Andre
Chief Legal and Compliance Officer