Case Study: OLX Group accelerates deal cycles and saves $50K annually with ContractWorks

OLX Group accelerates contract drafting 12x with ContractWorks

OLX Group, a global online marketplace operating in over 30 countries, needed to accelerate deal execution without compromising legal oversight. Their legal department was overburdened, spending 30 minutes per contract to draft over 1,200 agreements annually, which created significant bottlenecks. They turned to Onit, using its ContractWorks product, for a scalable, automated solution to delegate standardized contracts and reduce delays.

The solution from Onit involved automating and streamlining OLX's legal document drafting process. ContractWorks was integrated with OLX's internal database to auto-fill templates, and a fully automated system was delivered in just four days. This implementation saved the legal team over 550 hours annually, accelerated contract preparation by 12 times, and resulted in $50,000 in annual cost savings by empowering the sales team to manage contracts independently.

OLX Group