Telecom Giant Uses Volody to Reduce TAT from 90 to 21 Days

Implementing Volody’s AI CLM Software resulted in the following key improvements:

1. Streamlined Contract Approval: The implementation of a unified and well-defined approval process across different segments led to faster and more efficient contract approvals. This reduced bottlenecks, ensuring contracts moved smoothly through each stage of the workflow.
2. Accelerated Contracting Cycle: Customized workflows tailored to the client’s needs shortened the contracting cycle from 90 days to just 21 days. This significant reduction in time allowed the client to execute agreements faster, improving overall business agility.
3. Simplified Stamp Paper Procurement: Centralizing stamp paper procurement across all eight segments streamlined the sourcing process, eliminating previous delays. This improvement sped up contract execution by reducing the time spent on sourcing and managing stamp papers.
4. Seamless Ecosystem Integration: Integration with over 20 interconnected systems, including the client’s CRM and data lakes, enhanced visibility into the contract lifecycle. This streamlined data flow led to better coordination and increased efficiency in managing contracts and vendor performance.
5. Enhanced Collaboration: Improved collaboration across all eight departments led to smoother communication and decision-making. This allowed teams to work in sync, reducing friction and ensuring that contracts were processed more effectively.
6. Quick Implementation: Volody’s AI CLM solution was deployed within a few weeks, providing a rapid transition from manual to automated processes. The timely implementation ensured minimal disruption to the client’s ongoing operations, enabling an immediate boost in efficiency.

This partnership with Volody marked a major step forward in improving contracting efficiency, data visibility, and collaboration within the client’s multinational operations.