Success story. See how AXDRAFT makes life easier and saves time
All industries
#Agricultural
#Energy
#Property management
#Software
#Pharma
#Retail
#Legal
#Enterprise
#Banks
#Fintech
#Banking
#Finance
MHP
#Agricultural
MHP is the largest poultry producer in Europe, headquartered in Kyiv, Ukraine. The company is listed on London Stock Exchange. MHP owns the 2nd largest poultry farm in the world and is producing around 600,000 tones of poultry annually.
AXDRAFT became a catalyzer for MHP’s legal department to create a lot of standard templates and outline strict policies for the document management process, which introduced more order into legal operations starting at the onboarding stage. AXDRAFT managed to reduce drafting time by 84%, and allowed to prevent unsolicited editing of the templates, which used to cause delays in document lifecycle and brought about risks.
84%
FASTER
22,467
LAWYER’S HOURS SAVED
$2,022,000
VALUE GAINED ANNUALLY
Louis Dreyfus Company
#Agricultural
Louis Dreyfus Company is a global merchant firm with the revenue over $36 billion, which operates in the agricultural, food processing, international shipping, and finance sectors.
employees
10,000+
launch time
4 days
Documents drafted/planned under contract
6,500
automated documents
Commodity trading agreements, NDAs, HR documents
3 min
Time per document with axdraft
45 min
Time per document before axdraft
AXDRAFT allowed integrating document templates with the internal database without any risks. This made it possible to prepare huge delivery contracts in under 5 minutes, and helped streamline client and vendor relationships.
93%
FASTER
4,550
LAWYER’S HOURS SAVED
$409,500
VALUE GAINED ANNUALLY
DTEK
#Energy
DTEK is a strategic holding company in the energy sector. DTEK companies process coal and natural gas, generate electricity at the thermal power plants and renewable energy power plants, supply heating and electricity to end consumers, and provide energy services.
employees
13,000+
launch time
4 weeks
Documents drafted/planned under contract
45,135
automated documents
All contract work (sales, supply, services, SoW, etc.)
7.25 min
Time per document with axdraft
60 min
Time per document before axdraft
AXDRAFT empowered DTEK’s non-legal teams to draft and approve complex legal documents are being drafted 8 times faster, which saves the company over $3 millions annually, and limits the involvement of legal teams in the document management process.
88%
FASTER
39,680
LAWYER’S HOURS SAVED
$3,571,307
VALUE GAINED ANNUALLY
Dragon Capital
#Property management
Dragon Capital has 310,000 square meters of warehouses and 380,000 square meters of retail and office space under management which makes Dragon Capital one of the largest real estate investors in Ukraine.
AXDRAFT allowed Dragon Capital to delegate the preparation of standard documents from lawyers to managers without risking document quality. AXDRAFT platform also made it possible to prepare large and complex documents, such as leases, in under 10 minutes with simple Q&A, which facilitated client onboarding and gave an extra impulse to business growth.
90%
FASTER
6,366
LAWYER’S HOURS SAVED
$572,970
VALUE GAINED ANNUALLY
DCH
#Property management
DCH is an investment and asset management company with several shopping malls and business centres under management.
employees
200+
launch time
5 days
Documents drafted/planned under contract
3,500
automated documents
Lease agreements and related documents
3.6 min
Time per document with axdraft
45 min
Time per document before axdraft
Company’s client management processes require drafting lots of additional documents alongside the existing contracts. AXDRAFT helps transfer the data between contracts and get mistake-free documents, which saves the teams 90% of their time on document drafting and approval, and contributes to the positive client experience.
92%
FASTER
2,415
LAWYER’S HOURS SAVED
$217,350
VALUE GAINED ANNUALLY
Arricano
#Property management
Arricano is a real estate development company, listed on the AIM Market of the London Stock Exchange with 5 shopping malls under management.
employees
100+
launch time
7 days
Documents drafted/planned under contract
1,200
automated documents
Lease agreements and related documents
2.6 min
Time per document with axdraft
45 min
Time per document before axdraft
AXDRAFT helps integrate the data from multiple real estate objects into the templates, while also helping the team to keep all forms updated and perfectly formatted.
94%
FASTER
848
LAWYER’S HOURS SAVED
$76,320
VALUE GAINED ANNUALLY
Slack
#Software
Slack is an international software company founded in 2009 that develops and sells corporate communications software. Slack is public since June 2019.
employees
1,600+
launch time
1 day
Documents drafted/planned under contract
NDA
automated documents
Data prosessing addendum
0 min
Time per document with axdraft
30 min
Time per document before axdraft
AXDRAFT built a self-service page, where customers can draft a ready-to-sign DPA without any interactions with Slack’s legal department. All key information is automatically collected in an internal spreadsheet with active DPAs. The legal department does not need to participate in the engagement process at all, which saves them plenty of time for more meaningful tasks.
100%
FASTER
1,600+
LAWYER’S HOURS SAVED
$191K+
VALUE GAINED ANNUALLY
Bitwarden
#Software
Bitwarden is an open-source password management solution for individuals, teams, and businesses. Bitwarden allows users to store, share, and sync their passwords across devices and platforms in a completely secure manner.
employees
100+
launch time
2 days
Documents drafted/planned under contract
500
automated documents
NDAs, DPAs, Business Associate Agreements
1 min
Time per document with axdraft
45 min
Time per document before axdraft
Like many other IT companies, Bitwarden processes loads of NDAs, DPAs, and a few other business associate agreements to onboard new clients and business partners. AXDRAFT helped Bitwarden to evade the sluggishness of these processes by building an entirely self-service page for drafting ready-to-sign simple contracts.
96%
FASTER
145+
LAWYER’S HOURS SAVED
$13K+
VALUE GAINED ANNUALLY
Hopin
#Software
Hopin is an IT company that makes it easy to plan, produce, and relive events. From virtual to hybrid or live experiences, Hopin provides an all-in-one platform for any event, no matter the size or scope, from simple meetups to large-scale conferences and exhibitions.
employees
800+
launch time
7 days
Documents drafted/planned under contract
600
automated documents
Non Disclosure Agreements
1 min
Time per document with axdraft
30 min
Time per document before axdraft
As a software company, Hopin deals with a heavy load of simple NDA contracts and little time to get them done fast enough to satisfy their clients. To help Hopin overcome this difficulty, AXDRAFT set up a fully automated workflow for processing NDAs, from drafting to signing and storing.
97%
FASTER
290+
LAWYER’S HOURS SAVED
$27K+
VALUE GAINED ANNUALLY
Glovo
#Software
Glovo is a billion dollar Spanish start-up founded in Barcelona in 2015. It is an on-demand courier service that purchases, picks up, and delivers products ordered through its mobile app.
employees
800+
launch time
10 days
Documents drafted/planned under contract
13,600
automated documents
Sales agreements, Services agreements
5.25 min
Time per document with axdraft
35 min
Time per document before axdraft
Since all company’s documents were generated by non-legal teams, these documents often included errors, especially in payment details. AXDRAFT helped validate inputs, consolidate wording, and prevent employees from compromising service delivery by making mistakes.
85%
FASTER
6,743
LAWYER’S HOURS SAVED
$606,900
VALUE GAINED ANNUALLY
OLX
#Software
OLX Group is a global online marketplace, founded in 2006 and operating in 45 countries headquartered in Amsterdam, Netherlands.
employees
4,000+
launch time
4 days
Documents drafted/planned under contract
1,200
automated documents
Supply agreements, Services agreements
2.5 min
Time per document with axdraft
35 min
Time per document before axdraft
AXDRAFT helped the company to reduce the time spent on legal document drafting, while maintaining document quality. Automating document management processes set the groundwork for executing the deals faster.
92%
FASTER
550
LAWYER’S HOURS SAVED
$49,500
VALUE GAINED ANNUALLY
SocialTech
#Software
SocialTech is a global IT company operating in the Social Discovery industry. Developing its own products used by millions worldwide made SocialTech one of the market leaders, and led to its triple-digit growth for all major KPIs.
employees
127
launch time
4 days
Documents drafted/planned under contract
NDA
automated documents
Service Agreements
3 min
Time per document with axdraft
40 min
Time per document before axdraft
AXDRAFT made it possible for SocialTech to create documents in English, Spanish, Chinese, and Ukrainian with live translation. The Q&A document drafting logic simplified the preparation of Service Agreements, and allowed teams to allocate extra effort onto more impactful work.
93%
FASTER
NDA
LAWYER’S HOURS SAVED
NDA
VALUE GAINED ANNUALLY
Creative Mobile
#Software
Creative Mobile is an independent game developer and publisher based in Northern Europe. The company is best known for the Drag Racing series, which defined a new genre of mobile games and became one of the most downloaded franchises of all time with more than 350 million lifetime installs.
employees
300+
launch time
5 days
Documents drafted/planned under contract
1,500
automated documents
Contractor agreements and related documents
2.5 min
Time per document with axdraft
30 min
Time per document before axdraft
Creative Mobile uses AXDRAFT to process a large number of contractor invoices. By automating document drafting and storing the updated metadata the company managed to increase the transparancy of contract performance and their internal document management velocity.
92%
FASTER
687
LAWYER’S HOURS SAVED
$61,875
VALUE GAINED ANNUALLY
Sandoz
#Pharma
Sandoz is a global leader in generic and biosimilar pharmaceuticals, and part of Novartis – one of the top-5 pharma corporations in the world.
employees
26,500+
launch time
4 days
Documents drafted/planned under contract
8,000
automated documents
HCP related documents
5 min
Time per document with axdraft
30 min
Time per document before axdraft
Sandoz usually has very tight deadlines for document turnaround. AXDRAFT helped the company streamline he generation of standard documents to optimize contract management processes within the specified timeframes. This secures timely service delivery and helps foster HCP relationships.
83%
FASTER
3,333
LAWYER’S HOURS SAVED
$300,000
VALUE GAINED ANNUALLY
FOZZY
#Retail
Fozzy Group is one of the largest trade industrial groups in Ukraine and one of the leading Ukrainian retailers, with over 700 outlets across the country.
employees
30,000+
launch time
3 days
Documents drafted/planned under contract
2,200
automated documents
Registration form, Banking information, PoA
2.5 min
Time per document with axdraft
30 min
Time per document before axdraft
AXDRAFT helps prepare banking certificates, registration forms and PoAs within minutes, and prevents non-legal teams from making mistakes in the contracts. This increases service delivery speed and makes sure that no risks come from errors in the documents.
92%
FASTER
1,008
LAWYER’S HOURS SAVED
$90,750
VALUE GAINED ANNUALLY
VKP
#Legal
Vasil Kisil & Partners is one of the leading and long-established law firms in Ukraine that has impeccable reputation and unique expertise.
By using AXDRAFT the firm saves over 80% of their time on daily routine drafting tasks. AXDRAFT allowed for automating litigation, corporate and service documents.
90%
FASTER
541
LAWYER’S HOURS SAVED
$48,727
VALUE GAINED ANNUALLY
Shulman Rogers
#Legal
Shulman Rogers is a full-service law firm with headquarters located in Potomac, Maryland, and branch offices in Virginia and Washington, D.C.
AXDRAFT helped Shulman Rogers to automate their fixed-fee document packages for the NEXT program. With our platform, the company manages to stay within predictable costs, and delivers personalized legal advice for entrepreneurs.
95%
FASTER
252
LAWYER’S HOURS SAVED
$37,800
VALUE GAINED ANNUALLY
Avellum
#Legal
AVELLUM is a leading Ukrainian full service law firm with a key focus on Finance, Corporate, Dispute Resolution, Tax, Real Estate, and Antitrust.
employees
50+
launch time
12 days
Documents drafted/planned under contract
2,800
automated documents
M&A, Employment documents, Restructuring
2.23 min
Time per document with axdraft
55 min
Time per document before axdraft
AXDRAFT helps lawyers digitize legal work by automating the firm’s templates. It eliminates errors and creates a convenient workflow for drafting any legal document within minutes.
96%
FASTER
2,463
LAWYER’S HOURS SAVED
$221,634
VALUE GAINED ANNUALLY
Eisenhower Carlson
#Legal
Eisenhower Carlson PLLC is a law firm in Tacoma, WA specializing in multiple legal areas, and handling major transactions and complex litigation.
AXDRAFT helped streamline the drafting of ESP and Probate documents. By synchronizing the clients’ information across all templates (from Letters to Living Trusts), AXDRAFT helped Eisenhower Carlson speed up document drafting 8x times and deliver better services.
87%
FASTER
677
LAWYER’S HOURS SAVED
$101,550
VALUE GAINED ANNUALLY
Denmon Law
#Legal
Denmon Pearlman is Tampa Bay’s critically acclaimed Personal Injury and Insurance Claim law firm.
AXDRAFT helped Denmon Pearlman organize the storage of all of their templates in one place, and thus make sure that no time is lost searching for the right template or editing the outdated version. By employing AXDRAFT’s conditional logic, the company managed to provide smart legal services that involve the right team members at the right time.
80%
FASTER
1,538
LAWYER’S HOURS SAVED
$230,700
VALUE GAINED ANNUALLY
Carlsberg
#Enterprise
Carlsberg A/S is a global brewer. Founded in 1847 by J. C. Jacobsen, the company’s headquarters are located in Copenhagen, Denmark, with office spread across Europe.
employees
10,000+
launch time
3 days
Documents drafted/planned under contract
NDA
automated documents
Contract claims to logistics vendors
3.8 min
Time per document with axdraft
30 min
Time per document before axdraft
Carlsberg works with various logistics companies that often have disorganised legal processes. By automating contract claims with AXDRAFT, the company managed to streamline the distribution across the delivery network, and make sure that their contract processes are quick and easy for both side, which benefits business growth.
88%
FASTER
NDA
LAWYER’S HOURS SAVED
NDA
VALUE GAINED ANNUALLY
BNP Paribas
#Banks
BNP Paribas is a French international banking group. It is the world’s 8th largest bank by total assets, and currently operates with a presence in 72 countries. AXDRAFT works with one of the members of the group.
employees
10,000+
launch time
14 days
Documents drafted/planned under contract
12,000
automated documents
Procurement-related MSAs and supply agreements
8.75 min
Time per document with axdraft
60 min
Time per document before axdraft
AXDRAFT made it possible to standardize all procurement-related contracts and ensure that the employees always use the most up-to-date templates. This helped the company avoid legal risks and avoid errors in the documents.
85%
FASTER
10,250
LAWYER’S HOURS SAVED
$922,500
VALUE GAINED ANNUALLY
DNA Payments
#Fintech
DNA Payments Group is a new payments provider that has been created to help businesses of all sizes accept payments without breaking the bank. The company forms an advanced group infrastructure that provides an intelligent payment ecosystem that covers everything from card readers to integrated payment solutions.
employees
150+
launch time
6 days
Documents drafted/planned under contract
NDA
automated documents
Loan documents, Merchant agreemnts
3.15 min
Time per document with axdraft
30 min
Time per document before axdraft
AXDRAFT helped DNA Payments create efficient processes for drafting loan and merchant agreements with convenient approval flows. Asa result, the team now processes contracts 10x fatser, and has more visibility into contract history and performance with AXDRAFT’s advanced storage and custom reports.
90%
FASTER
NDA
LAWYER’S HOURS SAVED
NDA
VALUE GAINED ANNUALLY
oneZero
#Fintech
oneZero builds scalable, high-performance, and reliable technology for institutions and brokers so they can operate in the global market. oneZero solutions provide all necessary features for modern trading, from execution to post-trade processing and risk management.
oneZero has to handle a massive amount of supporting contract documents with a wide variety of document versions as well as very high standards. All their documentation must be strictly to the point and easy on the eyes. For AXDRAFT, the goal was to set up a seamless document workflow while preserving oneZero’s document quality.
93%
FASTER
550+
LAWYER’S HOURS SAVED
$49K+
VALUE GAINED ANNUALLY
Bitpanda
#Fintech
Bitpanda is a cryptocurrency broker that currently has over 2 million registered users in the EU. It offers a wide array of services to its clients, including top cryptocurrencies such as Bitcoin and Ethereum; fiat currencies; commodities traded in Euros, such as gold and silver; and electronic payment methods like Visa and Mastercard.
employees
700+
launch time
14 days
Documents drafted/planned under contract
1,200
automated documents
Legal letters, Employment agreements
4,2 min
Time per document with axdraft
60 min
Time per document before axdraft
BitPanda’s legal operations function in different languages. Thus, they needed to find a solution that seamlessly worked with multiple languages in contracts. AXDRAFT set up a much-needed multi-language functionality to go along with drafting workflows, a collaboration engine, and customized approval flows.
To grant credit to a client, you need to prepare from 3 to 7 documents (including contracts and various applications). The main value of AXDRAFT is that all information about the client is provided once and it is automatically transferred to all necessary documents.
93%
FASTER
6,475
LAWYER’S HOURS SAVED
$582,750
VALUE GAINED ANNUALLY
LetyShops
#Finance
LetyShops provides cashback return services for online purchases.
employees
200+
launch time
7 days
Documents drafted/planned under contract
1,350
automated documents
Services agreements and related documents
7 min
Time per document with axdraft
60 min
Time per document before axdraft
AXDRAFT allowed to optimize the drafting of bilingual agreements, which need to support many languages: French, German, Spanish, Russian, etc. Through implementing the automated translation of inputs, the document drafting speed has increased 9x times, which made the work of legal and business teams much easier.