Provision
3 Case Studies
A Provision Case Study
EllisDon, a global construction services company, faced significant annual losses of approximately $20 million CAD due to contract disputes and missed risks. Their challenge involved a highly manual and disjointed review process that was time-consuming and ineffective, leaving unfavorable terms undiscovered in their contracts. To address this, they turned to Provision and its AI-powered contract risk management service.
By implementing Provision, EllisDon automated its contract reviews and centralized collaboration. The solution identified over 2,200 risks and saved the company hundreds of hours in manual work. The measurable impact was substantial, resulting in annual project savings of $1.8 million CAD, the avoidance of over $100,000 in potential claims, and a dramatic reduction in disputes.
Ryan Di Lella
EllisDon