Learn how Ruggable, an innovative click-through rate data company that specializes in washable rugs, partnered with Execo to streamline contract review and negotiation processes. Execo combined GenAI technology with human expertise to provide a customized and efficient solution that improved Ruggable's contract management and allowed them to focus on core business.
Ruggable faced the challenge of managing a huge number of contracts requiring regular review. The company needed a competent partner who could handle this task and focus on what it's supposed to do.
Execo carefully reviewed contract clauses and used a combination of advanced GenAI tools and expert lawyers to identify and analyze key elements. Survey implementation results were presented to Ruggable in an easily accessible template. Additionally, Execo has developed a customized process for reviewing and negotiating contracts with particularly tight deadlines. This approach from GenAI and expert legal engineers efficiently managed all critical aspects, made contract processing smoother, and reduced turnaround times.
Ruggable's due diligence process has been greatly enhanced, and valuable insights gained from contracts have been gained. The structured process introduced by Execo made it easy for Ruggable to assess contractual obligations, greatly improving operational efficiency. By integrating human expertise with GenAI, Execo enabled Ruggable to manage contracts more effectively while staying focused on its core business.