Challenges

Our project with SocialTech began when we were introduced to a Legal Analyst from the company who shared their specific problem with us. After carefully reviewing the issue, we recommended implementing Q&A contract drafting logic to streamline the preparation of service agreements. During our analysis, we discovered that SocialTech's Legal Department spent up to 40 minutes processing each contract, faced challenges in preparing service agreements in different languages, and dealt with an average of 130 legal documents per month. Additionally, creating templates for each service agreement was a time- and effort-consuming task that blocked higher-value work.

To address these challenges, we presented our contract drafting feature to SocialTech, emphasizing how it could save time and improve efficiency in handling service agreements. We kicked off the collaboration by showcasing a demo of ContractWorks, highlighting its capabilities and advantages, and introducing the three essential stages of the launch process:

• Problem investigation: We gathered detailed information about SocialTech's legal processes and proposed the implementation of Q&A contract drafting logic for service agreements.
• Security review: We conducted a meeting with a company Project Manager to assess how our solution would function in a real-world use case, ensuring its security and compatibility.
• Roll-out: Upon receiving approval from SocialTech, we proceeded to launch the Q&A contract templates, completing the process in just 4 days.