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ARTICLE · 08 JULY 2024

Tracking And Managing All Contractual Obligations Through The Use Of An Al-Enabled Platform

The client (Client) is an American multinational corporation that develops and markets networking products, including routers, switches, network management software

United StatesTechnology

The client (Client) is an American multinational corporation that develops and markets networking products, including routers, switches, network management software, network security products, and software-defined networking technology.

Challenge

  1. The Client had many legacy contracts which were stored in the company's drive and the information from these contracts was not digitally available. Therefore, obligations from the contracts were not readily available for review and pro-active risk mitigation.
  2. The Client did not have visibility of their non- standard contracts which had caused significant deviations from their prescribed legal standards.
  3. Contracts, which included Outbound (Sell-side agreements) and Procurement (Buy-side agreements), were not correctly categorized.

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