Case Study: Urban Vault speeds up contract execution with SpotDraft

Speeding Up UrbanVault's Deals From Weeks to Minutes with SpotDraft

UrbanVault, a leading Indian provider of managed office spaces, was struggling with a slow, manual contract process that was becoming a major business bottleneck. Their small legal team managed thousands of agreements scattered across various platforms, leading to deals that took weeks to close and a high risk of missing critical renewal deadlines, which hindered their rapid growth. They turned to SpotDraft’s contract lifecycle management platform for a solution.

By implementing SpotDraft, UrbanVault centralized its contract repository and automated key processes. The vendor's solution enabled eSignatures and digital stamp papers, slashing the contract execution time from weeks to under an hour. This resulted in an 80% reduction in time from creation to execution and allowed their lean team of two to manage over 2,000 contracts annually with greater efficiency and significantly fewer errors.

Urban Vault

Arti Singh

Founder’s Office, Growth