Case Study: NetApp speeds sponsorship agreement review with LexCheck

NetApp cuts contract review time 75% with LexCheck

NetApp, a global business, faced a time-consuming challenge in reviewing sponsorship agreements for conferences and trade shows. Their process required Procurement to manually check each contract against internal guidelines before sending it to Legal for feedback. To address this, they implemented LexCheck's contract acceleration and intelligence software.

LexCheck used its proprietary Contract Negotiation AI to automate the review process by parsing NetApp's legal playbook. The solution rapidly analyzed agreements and provided a summary of any problematic language within minutes. This resulted in a 33% reduction in total time to contract execution, a 75% reduction in time spent reviewing contracts, and a 99% reduction in associated training costs, creating greater autonomy for Procurement and improved collaboration with Legal.

NetApp