Case Study: Keller Williams reduces risk and improves cash flow with Workday Contract Lifecycle Management

Keller Williams optimizes procurement, M&A with Workday Contract Lifecycle Management, powered by Evisort AI

Keller Williams, the global realty company, was looking to reduce risk and improve contract oversight across procurement and M&A. Using Workday Contract Lifecycle Management, powered by Evisort AI, the company needed a faster way to manage thousands of legacy contracts and uncover hidden obligations or savings opportunities.

Workday implemented an AI-powered contract management solution that ingested and analyzed 1,000 contracts in an hour and built an intelligent repository of 10 years’ worth of agreements in about 30 days. The results were immediate: Keller Williams found two unused data services contracts that paid for the solution within the first month, achieved 100% ROI in one month, and identified 150 vendor contracts for possible renegotiation, delivering significant cash flow savings.

Keller Williams