The client, with offices in several global locations, had contracts that were scattered across numerous departments and individual stakeholders. Approximately 15,000 contracts needed to be migrated into a contracts database and mapped to the correct templates.
Conducted an initial review and developed a multiphased approach. Upon organizing the folder structure and data, our team migrated the client's legacy contracts into the client’s existing CLM database (Cobblestone) upon review of nine critical clauses with several sub-sections.
The client realized an estimated cost savings of approximately 55%.