Customer Story

WD-40 Company

WD-40 gains broad compliance and accountability with Conga Contracts contract management system.

Headquartered in San Diego, WD-40 Company is a global consumer products company dedicated to delivering unique, high-value and easy-to-use solutions for a wide variety of maintenance needs of “doer” and “on-the-job” users by leveraging and building the brand fortress of the company. The company markets multi-purpose maintenance products under the WD-40®, 3-IN-ONE®, and BLUE WORKS® brand names as well as homecare and cleaning brands. WD-40 Company markets its products in 187 countries worldwide and recorded sales of $343 million in fiscal year 2012.

Challenge

Prior to implementing the Conga Contracts℠ solution, each international office and department managed their own contracts with no centralized or structured system. Contracts were scattered in drawers, on laptops and in boxes.

  • Needed to be SOX compliant
  • Needed security based on user accessibility by function and role
  • Developed a six year plan to better manage third-party relationships through an improved contract administration program
  • Assembled a team of advocates worldwide to develop a solution

Solution

Conga Contracts stepped in to provide a fully integrated contract lifecycle management system. The new CLM system provided:

  • Real-time reporting capabilities
  • Specific accessibility configurations by department and user
  • Dynamic forms and customizable contract templates
  • Ability to develop and house standard clauses
  • Ability to develop policies and process workflows with standardized approvals to handle the most important contracts
  • Adaptability to OCR’d legacy contracts

Results

  • Full capability to implement across countries, departments, and user roles
  • Procedures and rules developed for internal compliance and accountability
  • Signed contracts managed centrally with approval workflow
  • Being utilized for hundreds of contracts world-wide for agency partners, financial partners, supply chain partners, customer and services relationships
  • The electronic contract management system can easily grow with the organization
See for yourself.

Websites are full of words that tell you things. And that’s great. But sometimes you just need to see how stuff works. So we made a demo for those occasions. We’d love to show it to you.