Case Study: a global specialty insurance organization centralizes contracts and streamlines compliance with Workday Contract Intelligence

Global Specialty Insurance Organization archives 600+ contracts with Workday

The legal team at Global Specialty Insurance Organization faced operational and compliance risks due to its decentralized, manual process for managing vendor contracts. To scale alongside the business, the team needed a centralized and intelligent contract management solution, which led them to Workday Contract Intelligence, powered by Evisort AI.

Workday implemented a solution that created a single source of truth for all contracts, making them searchable and providing secure, role-based access for global teams. The AI analyzed contracts to identify key clauses and metadata, allowing the team to quickly archive over 600 inactive agreements. The results include streamlined internal and external audits, the ability to ensure regulatory compliance across the globe, and significantly faster response times to inquiries, transforming their legal operations.