Case Study: Novelis achieves centralized contract visibility and reduced risk with Pramata

Novelis Legal compliance becomes catalyst for digital transformation

Novelis, the world’s leading producer of flat‑rolled aluminum and largest recycler of aluminum, faced fragmented contract data and inconsistent practices after multiple acquisitions. Decentralized operations left legal, finance and compliance teams unable to quickly assess payment terms, financial risk and legal exposure, impeding negotiations, compliance and strategic decision-making.

Novelis partnered with Pramata to centralize and normalize more than 20,000 contracts into a searchable system that extracts hundreds of data points and feeds an 80‑point risk and revenue model with next‑business‑day processing. The resulting apples‑to‑apples risk scoring and standardized contract playbooks improved negotiation leverage, standardized pricing and liability terms, strengthened internal controls, accelerated revenue recognition compliance (aiding migration to IFRS), increased net working capital and reduced overall business risk.

Novelis

Chris Courts

Vice President and Deputy General Counsel