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