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WD-40 found an international and scalable solution in Conga
WD-40 gains broad compliance and accountability with Conga Contracts contract management system.
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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
Get a demo
Sometimes, you just need to see solutions in action. We have a demo for those occasions. See what Conga can do for your business.