Business-wide contract automation
RVU, a company specializing in consumer marketplaces, faced challenges in scaling its legal processes due to its growth from various acquisitions. With diverse contract processes inherited from different businesses, RVU relied on manual processes and Word templates for low-value contracts. This led to delays in signing, lengthy negotiations, and inefficiencies. To address these challenges, RVU sought a solution that would enable self-service contract management, ensure version control, and establish a centralized contract repository.
The Solution: Minimum Time Investment, Maximum Efficiency Gain
RVU implemented Juro in 2019 to streamline its contract process. Starting with a pilot project for NDAs, RVU successfully expanded Juro's use across various functions within the company. Juro's user-friendly interface empowered teams to self-serve contracts, reducing reliance on legal. The benefits included faster time-to-sign, reduced risk through standardized contracts, and a significant increase in high-value legal work. The wider adoption of Juro across teams enhanced efficiency and streamlined workflows.
The Results: Scalable Contract Automation
With Juro, RVU transformed its manual contract processes and created a central system of record for contracts. Teams across the company experienced significant time savings and improved efficiency. By leveraging Juro, RVU's legal team saved up to three working days per week, enabling them to focus on strategic initiatives. The success of Juro's implementation at RVU inspired other teams to adopt the platform, leading to widespread usage and streamlined contract management across the organization.