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- Customer success story
Generative AI Test Shows 50% Reduction in Contract Migration Effort
Did you know that over 50% of in-house legal teams are overburdened? According to a report by the Corporate Legal Operations Consortium (CLOC), 83% of legal departments expect demand to increase, with 63% identifying workload and resource bandwidth as their top challenge.
Most of the legal teams’ work revolves around contract management, analyzing contracts, and manually extracting data, which can be labor-intensive, time-consuming, and prone to errors. This often leads to poor contract management, creating financial and legal risks.
At CloudMoyo, we asked a simple question: What if generative AI could do it better?
Using CloudMoyo IntelliDoc Analyze (CDA), our generative AI-powered service accelerator, our team tested document analysis and data extraction capabilities to see how it measured up against traditional methods. The process involved structured testing, careful validation, and a clear goal – to reduce effort without compromising accuracy.
What we discovered was more than just faster processing. Emerged patterns, improved accuracy, and tasks that required hours of human review were completed in just a fraction of the time with CDA.
Download this case study to learn more about the impact of generative AI on contract management and legal teams.
- Videos
- March 21, 2025
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Optimizing Contract Process for CPG & Distribution
According to World Commerce & Contracting, contract mismanagement causes the retail and consumer goods sector to lose 2-4% of revenue annually. From managing vendors, distributors, and retailers across multiple geographies to navigating changing regulations and market dependencies, businesses in this sector face several challenges—all while operating on razor-thin margins. By improving compliance, streamlining workflows, and […]
Contract Lifecycle Management for a Food & Beverage Leader
Communities connect over food and beverage, whether it’s a quick picnic lunch from the grocery store or eating at a fine dining restaurant. This industry, valued at $2.00bn in 2022, moves relentlessly with companies developing and innovating with the latest technology. However, this leads to contracts – small and large – that affect companies from […]
Optimizing the Contract Lifecycle for a Global Beauty Brand
Inefficient contracting processes can significantly impact business operations, with up to 70% of contract obligations going unfulfilled—leading to legal, financial, and reputational risks. For our customer, a global beauty and personal care leader, manual contract management processes created delays and inefficiencies. Without a contract lifecycle management (CLM) system, the organization struggled with inconsistent templates, lack […]
[Podcast] Boosting Supply Chains with Smart Contracting
Join CloudMoyo as we delve into the key sub-verticals within the industrial sector, examining common business challenges companies in this industry encounter. Our experts explore how smart contracting can optimize business processes like Source-to-Pay (S2P) and Quote-to-Cash (Q2C), and how CloudMoyo supports these optimizations. Learn more about the business landscape of the industrial sector here […]
Optimizing Contracts After Mergers in Healthcare
The healthcare industry – including payors, providers, and pharmaceutical companies – faces the challenge of maintaining quality patient care while managing third-party vendor risks. Many seek digital transformation but often lack the expertise to implement it. On one side, patients expect cost-effective payors, quality treatment, and easy access to medications. On the other hand, suppliers […]
Global Manufacturer’s Journey to Contract Intelligence
For large manufacturing enterprises, maintaining an efficient supply chain is crucial. Issues like raw material shortages, transportation delays, inventory management hurdles, and quality control challenges can lead to operational inefficiencies and increased costs. These challenges often stem from ineffective contract management, which plays a pivotal role in maintaining strong relationships on both the buy-side and […]
Energy Management Company Successfully Transitions to Contract Intelligence
The midstream energy industry is the backbone of natural gas, Natural Gas Liquids (NGLs), and crude oil transportation, requiring seamless coordination between infrastructure and regulatory compliance. Our customer, a leading oil and gas company, faced the challenge of managing thousands of contracts – each essential to their operations. They sought a solution to streamline their […]
Boosting Industrial Supply Chains with Smart Contracting
What’s smart contracting? How can smart contracts optimize my supply chain? The Industrial sector is vast and changes quickly, driven by technological advancements since the Industrial Revolution. But as consumer expectations change, how can this sector adapt to its role in the global economy? In this Industry Perspective, CloudMoyo examines the business landscape of the […]
Connecting Real Estate Ecosystems with Contract Intelligence
The real estate industry is more than just buying and selling houses. It involves construction, brokering, suppliers, services, and business partnerships. The outlook for the industry, specifically on the commercial side, is optimistic for 2025 with companies expecting revenues to grow. With so many parties involved, many contracts are also created on both the buy-side […]
[Podcast] Future-Proofing the Railroad Industry
Join us on our latest podcast with Icertis, “Future Proofing the Railroad Industry and Optimizing Supply Chain,” featuring industry experts Chetan Vyas from CloudMoyo and Bryan Baum from Icertis. In this podcast, you’ll dive into the transformative trends, challenges, and the crucial role of AI and contract intelligence in revolutionizing the transportation industry. P.S. Don’t […]
Rail Industry Contract Management with Cloud & AI Solutions
The rail industry, a cornerstone of global transportation infrastructure, has long been characterized by its complexity and scale. It’s a difficult job to oversee the many contracts in this industry, which range from supply chain management and operations to construction and maintenance. However the emergence of artificial intelligence (AI) and cloud computing is changing the […]
Contract Intelligence: Fueling the Railroad Revolution
A Network of Rails – The Challenge of Disconnected Contracts Imagine steering a colossal freight train blindfolded through a maze. That’s the daily reality for railroad companies, an industry that as of 2024 is valued at $398.93 billion. The railroad industry is the backbone of global commerce, the invisible hand that delivers everything from shiny […]