Everon Saves 20 Hours Weekly with IntelAgree's Contract Automation.
Every company eventually faces the tough task of expanding their contract management operations without sacrificing speed or quality.
We're moving quicker because we're not manually managing the tracking and exchange of thousands of contracts anymore. We have more time to review contracts because we're not managing it; we're just doing it.
— Justin Brenner, Associate General Counsel, EveronThe challenge
Decentralized, unsustainable contract management
Everon relied on email and SharePoint to manage roughly 5,000 annual agreements ranging from simple purchase orders to complex master service agreements. Users bypassed SharePoint by emailing the legal team directly, making high-volume management unmanageable for the lean legal team.
The solution
An AI-based CLM platform
IntelAgree implemented an AI-based CLM platform configured for contract intake, smart form data capture, legal review workflow management, and automated review distribution. An integrated Microsoft Word clause library and granular search allowed independent configuration without burdening IT.
The results
Reclaimed time and full visibility
Everon achieved full contract visibility so every agreement undergoes thorough legal review, and one team member reclaimed 20 hours weekly. Search enabled answering complex due diligence questions, such as identifying MFN clauses across more than 1,000 contracts, in about 10 minutes.
- ✓ 20 Hours a Week reclaimed with contract automation
- ✓ 5,000 annual agreements transformed in the review process
- ✓ 10 minutes to identify contracts with specific clauses
"I am a huge cheerleader for IntelAgree — I think that it is exactly what a CLM platform should be."
— Justin Brenner, Associate General Counsel, Everon