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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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Leading Supply Chain Services Company Optimizes Data Flow with Architecture Advisory Services
Many organizations struggle to effectively manage and utilize their data. This is due to a lack of understanding of their data flow and the technologies available to them. An organization must have an efficient data flow. It’s important for the functioning of any information system because it enables accurate and data-driven decision-making. This ultimately helps […]
Optimizing Human Resources Processes: Cloud versus On-Premises
Marc Benioff (Chair, Co-CEO, and Co-Founder of Salesforce) once said, “If someone asks me what cloud computing is, I try not to get bogged down with definitions. I tell them that, simply put, cloud computing is a better way to run your business.” Regardless of the size and the industry type, companies from all around […]
Low-Code/No-Code Application Development Technologies: The Future of Enterprise Resilience
Companies globally are experiencing global shortages of software developers and data scientists, leaving them struggling to find solutions to reduce demands on IT resources. At the same time, the pace of demand and market changes are pushing for increased building of customized, user-friendly web and mobile applications delivered in an accelerated timeframe across all areas […]
Automating the Procurement Process: S2P versus P2P
Tired of learning acronyms? We promise we’re nearly done with acronyms on this specific topic – procurement! In simple terms, procurement means all the activities involved in getting goods or services. In the business world, these activities fall on procurement teams who negotiate costs with vendors, prepare contracts, and issue purchase orders. They also monitor […]
A Multinational Packaging Solutions Company Boosts Contract Governance with CloudMoyo
Contract governance is the most critical process for manufacturing companies to ensure efficient supply chain management. Not only is this critical for the life of the business, but it’s also now a competitive edge. Customers expect faster deliveries, consistent product standards, and smooth communication with the vendors. Because of manual contract management, our client only […]
Optimizing Contract Lifecycle Management Drives Enterprise Efficiency
Did you know that the concept of contracts was originally invented 5000 years ago when business contracts were engraved on clay tablets? Today, contracts are used all over the world across all industries and even in our interpersonal lives! From signing job contracts to purchasing homes, they’ve become an integral part of accountability and the […]
Improving the Procurement Process Through Source-to-Pay Platforms
B2B, B2C, CRM, AI… you’re probably tired of hearing and memorizing all these business acronyms because you’ve already chosen a platform/software that serves those acronym’s purposes (Microsoft Power BI ring a bell?). But there’s a new acronym to know that’s especially important for procurement teams at organizations – S2P, aka Source-to-Pay. What is Source-to-Pay? “Do […]
Snehwan School – More Than a Visit
CloudMoyo believes in Taking Care of Community – one of our Four Rings of Responsibility – and we have a passion for providing opportunities for those who need it most. Sometimes, it’s just that one opportunity that can change someone’s life for the better. Recently, the MoyoFam from the Pune office visited Snehwan, a non-profit […]
CloudMoyo Guides Medical Equipment Manufacturing Company in Acceleration of Contracting
The manufacturing industry requires strict adherence to timelines for driving profitability. Using traditional and manual ways of Contract Lifecycle Management (CLM) like physical scanning of contracts and storing in SharePoint can increase the time taken for contract execution by 10 times. This can cause brutal financial hits and create process complexities. A leading medical equipment […]
Taking Application Development Into Your Own Hands
According to research by Gartner, nearly three-quarters of new apps will be created using low-code or no-code technologies by the year 2025. This means that you don’t need specialized coders or IT teams to build apps to serve your organization! Application development (or app dev) is a go-to solution to solve many business challenges. However, […]
CloudMoyo Implements Contract Lifecycle Management Solution at National Financial Services Company, Increasing Efficiency and Scalability
The possibility of losing money is scary for an individual and even organizations with more to lose. Companies that belong to the financial services industry help customers safeguard their wealth and reduce financial risk. However, when it comes to safeguarding these financial organizations against the risks of non-compliance, Contract Lifecycle Management (CLM) is the foundation […]
Let Your Contracts Do the Thinking for You
Did you know that by 2024, Gartner estimates the degree of manual effort required for the contract review process will be halved as enterprises adopt AI-based contract analytics solutions? Artificial Intelligence is a growing trend in the tech world from sentiment analysis to converting unstructured data into structured enterprise data. In contract management, AI is a game-changer […]