Sandoz Boosts Contract Productivity by 87% and Saves Over $300K Annually with Onit

As a global pharmaceutical leader producing over 8,000 contracts annually, Sandoz faced mounting inefficiencies in its contract drafting and review process. Legal contract managers were handling 600+ documents per month, each requiring an average of 30 minutesto draft manually.

This approach resulted in:

• Frequent human errorsand delays due to manual data entry.
• A time-intensive drafting and review cycle.
• A lack of automation and consistency across service, sponsorship, and healthcare practitioner agreements.

To support its growth and commitment to innovation, Sandoz needed a scalable contract management solution that would streamline operations, minimize risk, and drive measurable productivity.

Sandoz selected ContractWorks, an Onit company, as its contract lifecycle management (CLM) platform after a thorough evaluation process—including a security review and demo. The implementation focused on high-volume, high-risk contract types and rolled out in three key phases:

1. Audit of current processesto identify workflow inefficiencies.
2. System configuration and IT clearanceto ensure seamless rollout.
3. Training for legal teamsto accelerate adoption and user confidence.

ContractWorks delivered:

• Automated document generation using pre-approved templates.
• A centralized, secure contract repository with real-time version control.
• Integrated e-signature functionality to eliminate delays.
• Unique contract identifiers and edit-proof final versions to reduce rework.