LegalFebruary 22, 2021

How CLM Matrix helped Kedrion Biopharma streamline contract request processes and improve productivity

Our process was entirely manual. We were chasing people down for signatures and managing a legal inbox that could contain 100 contract-related emails daily. CLM Matrix has automated our processes for improved productivity and drastically reduced email management.

The team at Kedrion Biopharma, led by the legal department’s contract manager, identified a pressing need to streamline existing manual contract lifecycle management (CLM) processes. From contract request through to negotiation and execution, hundreds of emails were being managed within a legal inbox, with virtually no team-wide visibility into contract status. The compounding inefficiencies were a catalyst for change and resulted in the search for a CLM solution.

CLM Matrix, from Wolters Kluwer’s ELM Solutions, proved it could provide the workflow automation necessary to address these concerns. Read on to see how its flexibility promised support for ongoing optimization and applications capable of accommodating the European offices.

CLM Matrix for contract management