Case Studies

Case Study - Smart Negotiation

Blazar Technology

"Only issue we have is that we wish would woud of done this sooner. Not only was this super easy to set up and impactful to our bottom line, we found our customers love this also. It is a real win win!"

Background:

Blazar Technology is in the business of helping business navigate the complexities and opportunities in closing lucrative Government contracts. With nearly 60 years of experience, and while injesting 100’s of federal opportunities on a daily basis, including over a billion in various contracts procured, Blazar was in the hunt for new ways to speed operational contracting -- for both Blazar customers and Blazars customers' customer.

PRIMARY Problem

Find a way to transform operational speed and compliance in routine contracting  starting with the most basic of contracts , like NDA's, Software Agreements or Partner Agreements.

*Secondary Problem

Find ways to streamline the management and compliance post close without having to read each contract thoroughly at a later date, each potentially with its own nuanced written language, and push the relevant terms agreed into the required field of a CRM.

Solution

Initiate new relationships through the Agreemint.com service.

Net Result

Deals closed faster.  10x faster.

After 6 months of full time use, contracts initated through the platform had a 10-20x improvement in start to close time. What normally took 10-30 days of back and forth paper (emails and redlines) now took 1-2 days, in some cases instantly (an hour).

  1. 10-20x improvement in speed to close time - avg 36 hours
  2. Contracts closed with zero redlines = 82.5%
    (compared to 10% prior to use)
  3. Estimate Savings = $12K per contract
  4. Compliance Savings = $150K annualized
  5. Marketing and Customer Branding Ease = "immeasurable"
** Case study and use over a 6 month period, from Aug 2019 March 2020- and now in commercial use.

NDA

contract speed

agreemint results

Contract Management

Contract Efficiency

Ease of contracting

Case Study Developer API

AccountingSuite

"I wish we would of done this sooner.  This not only was cost-effective, but it was so easy for our developers and our customers.  Really great product and service!"

Background:

AccountingSuite is a fast growing next generation SAAS based accounting software solution for small and mid-sized businesses.  Founded by Accountants, designed for Operations and Accounting teams, this solution fills a growing niche market for an easy and cost effective accounting solution to manage inventory, taxes, compliance, and day to day accounting

PRIMARY Problem

AccountingSuite was looking for a painless way to achieve digital signature sign off on important policy level changes - pricing, liability, warranty - for a good portion of their customers.     The goal was to find a way to be least disruptive to their existing workflow and their customers workflow.

*Secondary Problem

AccountingSuite was in search for a Developer API. And one that could easy present agreements for sign off, upon the next sign in event of a customer or prospect

Solution

Invoke the appropriate legal templates to the right customer or prospect, leveraging CRM data, via Agreemint's Developer API

Net Result

AccountingSuite was up and running in one day.

After uploading templates to the Agreemint Templates folder, they were able to sync customer and prospect data with their CRM to present updated Agreements to the right customers.
In addition, AccountingSuite was able to get real time Slack alerts when events for sign off were closed and synced to their CRM.

  1. Up and running in one day
  2. 10x less costly than any other competitive option.
  3. Marketing and Brand value = "We love it!".
** Case study and use over a 2 month period, from Oct 2020 to Nov 2020..

NDA

contract speed

agreemint results

Contract Management

Contract Efficiency

Ease of contracting