The client headquartered in Tokyo, Japan, is a 100-year old group competing in various industries such as construction, machinery, railway systems, electronics, financial services, and digital technologies.
The client’s procurement team was manually creating, reviewing, and conducting a risk analysis of the contracts.
Challenges the client faced:
The EdgeVerve team carried out automation of three distinct areas — risk scoring, contract summary, and review dashboard. With XtractEdge Contract Analysis, the client saw 9x improvement in employee productivity, and standardization of risk analysis and scoring for contracts.
Download the case study to learn how the client improved their contract management processes and achieved over 90% cost savings.