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CASE STUDY Major American Biopharmaceutical Company | Global

Top 10 Pharma Company Streamlines Contracts Processes With  Zero Disruption

EPIQ SOLUTION


Contracts Administration

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Client Need

  •  
  • Organize and harmonize contracts metadata across systems.
  •  Ensure accurate contracts execution and Contract Lifecycle Management (CLM) record updates.
  •  Standardize CPQ and CLM technology usage and resolve integration issues with SAP.
  •  Connect contracts to correct clients and identify the best master agreements.

Client Solutions

  •  Assess Configure Price Quote (CPQ) technology usage and existing processes.
  •  Create examples of harmonized metadata behaviors for reference.
  •  Incorporate new metadata principles into standardized workflows.
  •  Ensure accurate output and reporting for all contracts records.
  •  Support stakeholders during transition to avoid disruptions.
  •  Review and correct relationships in large supplier accounts.

Why Epiq

  •  Deliver seamless solution transition with no user disruption.
  •  Complete over 1000 contracts intelligence projects for Fortune 5000 companies.
  •  Provide experienced system integrators for multi-platform connectivity, including Salesforce, SAP Ariba, Oracle, and more.

Results and Benefits

10,000 records reviewed in Phase One.

50,000+ records  and 16,000+ accounts reviewed in Phase Two.

Fixed contracts relationships in 400 supplier accounts.

Created monthly Statement  of Account (SOA) reports.