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 minutes to draft manually.

This approach resulted in:

• Frequent human errors and 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 processes to identify workflow inefficiencies.
2. System configuration and IT clearance to ensure seamless rollout.
3. Training for legal teams to 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.