Case Study: IDEXX Laboratories identifies sanctions exposure and streamlines contract review with Luminance

How IDEXX Identified All Exposure to Sanctioned Entities

IDEXX Laboratories, a U.S.-based manufacturing company, needed a faster way to review large volumes of contracts and quickly identify compliance risks, especially after sanctions were suddenly introduced in March 2022. With legal work spread across teams around the globe, the company turned to Luminance and its AI-powered repository and contract review capabilities to gain rapid visibility into exposure across its contract portfolio.

Using Luminance, IDEXX analyzed 20,000 contracts across its supply chain in just 20 minutes, a process that was estimated to take more than two weeks manually. The platform identified geographies, Russian references, and legal structures, while also enabling first-pass contract review in Microsoft Word with clause risk analysis and suggested fallback language, helping IDEXX optimize the contract lifecycle and reduce compliance risk.

IDEXX Laboratories

Matt Forsyth

Vice President and Deputy General Counsel