Streamline contract development and approval for a growing biosimilars company
Business Need
- Reduce time and effort for vendor onboarding and contracting
- Facilitate collaboration between managers and corporate counsel
Objective
- Implement cloud hosted Agiloft Contract Management Suite
- Migrate existing contracts
- Training and support
Stakeholders
- Department leads
- Finance
- Corporate Counsel
- Information technology
Approach
- Defined process for template based contract development
- Metadata for contract management, reporting and tracking
- Use cases for contract approval based on type, amount and hierarchy
- Imported existing contracts from legacy system
Results
- System implemented in less than two months
- SSO – Same Sign On, using Centrify
- Electronic signature using DocuSign
