About Fabindia
Fabindia is India's largest private platform for products that are made from traditional techniques, skills and hand-based processes.
Fabindia links over 55,000 craft based rural producers to modern urban markets, thereby creating a base for skilled, sustainable rural employment, and preserving India's traditional handicrafts in the process.
Fabindia's products are natural, craft based, contemporary, and affordable.
Challenges
- Lack of visibility of Contract details with the management
- Unable to track the expiry of contract in advance
- Legal team unable to get information on the contracts that are pending for approvals/clearances
- Maintenance of contracts in physical format
- Unable to track changes in a contract in form of amendments
Need
- Legal team wanted to measure the performance of their team and understand the number of contracts that are coming in, the team working on them individually and the status of each contract
- Fabindia wanted a single platform on which all the interactions related to the contract is captured across the teams
- Fabindia wants to store documents in multi formats with easy lookups across the contract lifecycle
- Fabindia is gradually progressing towards complete automation, and CLM became one of the first steps for their procurement and supplychain
- Fabindia wanted to schedule reports of various teams performance with regards to their approvals, active contracts, and various other parameters
Win
- Fabindia chose Agiloft Contract Management solution after a lot of deliberations with the team and also evaluating Agiloft’s competitors
- Agiloft was chosen due to its simple interface and wide range of features for managing diverse contracts
- Agiloft, a top ranked Gartner Magic Quadrant Leader with an attractive point
Partner
- Virtuos is a Gold Partner for Agiloft, has rich experience in implementing complex solutions and our team has delivered and surpassed customer’s expectations
- Virtuos came up with Industry best practices for Retail Industry and E-Commerce Industry having implemented dozens of implementations
- Virtuos offered Vlocis Rapid Implementation Methods for going live in weeks instead of months
- Virtuos Consultare team is trained and certified by Agiloft as a competent Consulting Services Company
