See how Ruggable, an innovative e-commerce company specializing in washable rugs, partnered with Execo to streamline their contract review and negotiation process. Utilizing GenAI technology combined with human expertise, Execo provided a tailored, efficient solution that improved Ruggable's contract management, allowing them to focus on their core activities.
Problem
Ruggable faced the challenge of managing a vast number of contracts that required periodic review. The company needed an effective partner to handle this task, enabling them to concentrate on their primary business operations.
Solution
Execo meticulously reviewed the contract provisions, identifying and analyzing key elements using advanced GenAI tools coupled with expert attorneys. The findings were presented to Ruggable in an easily accessible template. Additionally, Execo developed a customized process for reviewing and negotiating contracts, especially those with tight deadlines. This approach, powered by GenAI and expert legal engineers, ensured that all critical aspects were efficiently managed, enabling smoother contract handling and faster turnaround times.
Results
Ruggable’s due diligence process was significantly enhanced, providing valuable insights from their contracts. The structured process implemented by Execo allowed Ruggable to easily assess their contractual obligations, leading to a marked increase in operational efficiency. By integrating GenAI with human expertise, Execo enabled Ruggable to manage their contracts more effectively while maintaining focus on their core business.
