Leading corporate law firm Eversheds has rolled out a cloud-based contract management system across its global operations giving the organisation complete visibility and audited control of all its supplier contracts.
Wax Digital web3 Source to Contract software enables Eversheds to better manage all of its supplier contract information in a single secure repository. It also allows the organisation to better collate and analyse spend data with individual suppliers.
Following roll out to 27 countries, Eversheds has extended their web3 system licencing to include web3 eSourcing which will enable the team to run tenders and auctions across a range of commodities.
Joanna McCarthy, procurement manager at Eversheds said: “As a multi- jurisdictional law firm it is vital that we work closely and effectively with all stakeholders and therefore managing all supplier contracts in an easily accessible, secure system was essential.
“We chose to work with Wax Digital as it is an innovative company and its web3 Source to Contract software is easy to use, has advanced functionality and is a cloud-based system meaning that users can access it from anywhere on any device. We operate in an extremely competitive market place, so it is essential we remain at the forefront of innovation in our sector, web3 enables us to do this.”
Joanna McCarthy, Procurement Manager, Eversheds
“The procurement team can now focus on its category management approach and specialise in specific category areas. Due to improved visibility of contracts through web3, resource can be reallocated in order gain more exposure in other areas, upskilling the entire team.”
Daniel Ball, business development director at Wax Digital added: “We are delighted to be working with Eversheds who joins our expanding list of customers in the professional services sector. The critical importance of contract visibility and accessibility is a core requirement for many of our customers and web3 provides them with a highly secure and accessible solution.
“Customer usability is at the heart of the web3 product suite and this ease- of-use has helped us to support Eversheds in a successful international software rollout in a short timeframe.”
Eversheds is one of the world’s largest corporate law firm. It has offices based in the world’s major economic centres and has a proven track record of delivering high quality legal services on a global scale.