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Case Study: Cloud Software Group cuts contract cycle times 70% with Malbek

Cloud Software Group (TIBCO) Case StudySourced & dated by Case Study Desk
Key facts · TL;DR
Company
Cloud Software Group (TIBCO)
Industry
Software
Challenge
Manual reviews and difficult migration on a legacy CLM
Headline result
TIBCO (now Cloud Software Group) reduced contract cycle times by 70% and administers 99% of the application without IT.

Key results

70%
Shorter contract cycle times
After global configuration
99%
Of the application administered by business admins
Without IT involvement

The challenge

TIBCO, now part of Cloud Software Group, faced tedious manual reviews to identify unfavorable terms and clauses on its legacy CLM, increasing risk exposure. Migrating contracts and adapting the system to changing business needs was complicated and dependent on IT.

The solution

The company configured hundreds of clauses and dozens of templates and workflows in Malbek to support global contracting processes, with most administration handled by business admins rather than IT.

Malbek is a flexible and fast CLM! Salesforce was set up in minutes and I can now map new fields when business needs change, without any help from IT. 99% of the application could be administered by a business admin, including integrations, forms, and workflows.

AS
Adrienne Schaal
Director of Legal Operations, Cloud Software Group

The results, in context

The configured platform reduced contract cycle times by 70%, and the customer reported that 99% of the application could be administered by a business admin — including integrations, forms, and workflows — with seamless, low-downtime upgrades under heavy global usage.

Products used

Malbek Malbek Contrax