Industry
Medical Device
Healthcare
1 more industry(es)CLM for Med Device: Solving Industry Specific Challenges with DocuSign
Summary
Carobin Industries, a medical device company, transformed its contract lifecycle management using DocuSign CLM to address compliance and approval challenges, resulting in significant efficiency and co...
Products
Software
DocuSign CLM
A contract lifecycle management platform used to digitize, automate, and streamline contract processes including compliance and approvals.
Challenges
- Manual contract management via emails, local drives, and fax machines resulting in delays and lost contracts
- Lack of real-time visibility into operations
- Difficulty in scaling current infrastructure
2 more challenges available
Solutions
- Implementation of DocuSign CLM for end-to-end contract lifecycle management
- Deployed real-time monitoring and analytics platform
- Migrated to cloud-based scalable infrastructure
2 more solutions available
Outcomes
- 90% reduction in lost compliance data within three months
- Achieved 24/7 real-time visibility and monitoring
- Successfully scaled operations to support 3x growth
- Decreased operational costs by 40% annually
- Improved data accuracy and accessibility by 85%
4 more outcomes available
Target Organization
Carobin Industries
Description: A medical device company focused on compliance with federal and international regulations, managing complex contract processes.
Industry:Medical Device