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CASE STUDY  Large Technology Company Global

Leading Technology Software Company Leverages AI To Achieve Seamless Contracts Migration in 90 Days

EPIQ SOLUTION


Contracts Review and Analysis

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Client Need

  •  Review current contracts to identify and extract critical data.
  •  Code-specific contracts clauses and phrases to enable efficient filtering and retrieval.
  •  Direct migration duties in-house to reduce dependency on third-party services.
  •  Review and link Master Service Agreements (MSAs) to contracts for migration and storage.
  •  Migrate contracts data from Salesforce to the new Contract Lifecycle Management (CLM) system.

Client Solutions

  •  Identify and eliminate non-contracts from the review process.
  •  Standardise, capture, and migrate all contract documents into a hosting platform.
  •  Apply the proprietary Epiq contracts analyser tool for the first-round review.
  •  Review MSAs and link them to contract subgroups.
  •  Identify clauses and important provisions for migration and structured data upload.
  •  Integrate all contracts data into the selected CLM solution with established data fields.

Why Epiq

  •  Specialised team with over 30 years of legal and contracts experience managing large-scale, complex contracts review projects.
  •  90%+ precision in extracting critical data using Epiq proprietary contract extraction software, designed for each client’s specific requirements.

Results and Benefits

Completed contracts review and migration in three months.

Processed 35,000 key contracts, reduced from over 10M documents.

Generated over 50% savings versus the incumbent provider.