Case Study: Adverity achieves 25× faster contract turnaround with Precisely

Adverity cuts contract turnaround 25x with Precisely

Adverity, a fast-growing B2B SaaS provider, faced a challenge in automating its contract management process to keep pace with its rapid expansion. Their VP of Legal & Compliance, Fiona Konetzky, needed a solution to manage the full contracting lifecycle, eliminate repetitive work, and prevent errors in cross-team collaboration after a previous tool failed to meet their requirements. They turned to the vendor Precisely for its contract lifecycle management solution.

Precisely implemented a solution featuring sophisticated user access roles and a calculation feature for agreements, enabling over 70 users across 10+ departments to self-serve. The result was a 25x faster contract turnaround time, with 50% of contracts requiring no legal input whatsoever. This automation saved significant time, empowered other business units, and allowed the legal team to focus on strategic work, with Adverity highly praising Precisely's customer service and partnership.

Adverity