Contract management · Production

IDEXX uses Luminance AI to analyze 20,000 contracts in 20 minutes for sanctions exposure

The problem

Following the sudden introduction of sanctions in March 2022, IDEXX faced the need to identify all exposure to sanctioned entities across 20,000 contracts spanning their global supply chain — a task estimated to take over two weeks if done manually.

Workflow diagram · grounded in source
1
Sanctions trigger mass review
trigger
“Following the sudden introduction of sanctions in March 2022, IDEXX used Luminance to analyze 20,000 contracts across their supply chain”
2
AI repository analyzes key data
ai_action
“Luminance's AI-powered repository which instantly analyses key data points of executed contracts, allowing the team to gain greater insight into their contractual landscape. Luminance automatically highlights 1,000 key information out-of…”
3
AI first-pass risk classification
ai_action
“IDEXX also uses Luminance to perform a first pass review of all incoming contracts, providing a risk analysis of which clauses are acceptable, non-standard and risky”
4
Precedent suggestions in Word
output
“suggested precedent and fallback positions are available at all times via the sidebar and can be inserted with a click”
Reported outcome

Luminance analyzed 20,000 contracts in 20 minutes — versus an estimated two-week manual effort — identified all exposure to Russian sanctions, and allowed IDEXX's legal team to largely automate standardized, high-volume tasks such as reviewing NDAs.

Reported metrics
Contracts analyzed20,000 contracts in 20 minutes
Estimated manual time for same taskover two weeks manually
Time to identify issues in incoming contracts30 seconds
Key contract data points auto-highlighted1,000
Show all 6 reported metrics
contracts analyzed20,000 contracts in 20 minutes
estimated manual time for same taskover two weeks manually
time to identify issues in incoming contracts30 seconds
key contract data points auto-highlighted1,000
sanctions exposure identificationIdentified all exposure to Russian sanctions
NDA review automationlargely automate standardized, high-volume tasks such as reviewing NDAs
Reported stack
LuminanceMicrosoft Word
Source
https://www.luminance.com/customers/idexx
Read source ↗

Frequently asked questions

What did this team achieve with this AI workflow?

Luminance analyzed 20,000 contracts in 20 minutes — versus an estimated two-week manual effort — identified all exposure to Russian sanctions, and allowed IDEXX's legal team to largely automate standardized, high-volu…

What tools did this team use?

Luminance, Microsoft Word.

What results were reported?

Contracts analyzed: 20,000 contracts in 20 minutes; Estimated manual time for same task: over two weeks manually; Time to identify issues in incoming contracts: 30 seconds; Key contract data points auto-highlighted: 1,000 (source-reported, not independently verified).

How is this contract management AI workflow structured?

Sanctions trigger mass review → AI repository analyzes key data → AI first-pass risk classification → Precedent suggestions in Word.

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