Achieving 50% Cost Savings in Accelerated Post-Merger Contract Integration

Upon acquiring a prominent SaaS provider for one billion USD, multinational investment bank inherited a web of complex legacy contracts.

Challenge

Smooth integration of acquisition hinged on thorough assessment of thousands of unstructured contracts
Customer lacked adequate visibility into active legacy agreements of the acquired company

Elevate conducted comprehensive review using combination of its proprietary AI platform and team of expert attorneys

7,000 contracts processed quickly by AI and “human-in-the-loop” analysis
All contracts organised into parent-child hierarchies
Crucial data extracted and categorised into 130+ metadata fields (including assignment rights, change of control, subcontracting restrictions, caps on claims for breaches, indemnities, data privacy, fees, payment terms, CPI, geographical restrictions, and more)
Generated fully searchable output file with links to source documents