How Vaultix Legal recovered $180K in hidden costs with contract intelligence
A legal tech company turned Novera on their own vendor contracts and discovered massive cost savings buried in auto-renewal clauses they'd been missing manually.
Vaultix's own legal team struggled with quarterly compliance reporting across 2000+ vendor contracts. Tracking renewal dates, liability caps, and data processing clauses required manual spreadsheet work prone to human error.
The team deployed Novera to create a centralized contract intelligence layer. All vendor agreements are analyzed upon upload, with key data points automatically extracted and monitored for compliance requirements.
Quarterly compliance reports now generate in under 15 minutes vs 3 days of manual work. The team identified $180K in missed cost-saving opportunities from auto-renewal clauses they hadn't tracked manually.
"The irony wasn't lost on us—we built document management software but our own legal contracts were chaos. Novera brought order to that chaos and freed our team to focus on strategic legal work instead of data entry."
Company
Vaultix Legal
About
Vaultix Legal builds document management software for law firms and corporate legal departments.
Website
Industry
Document Management SaaS
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