Contract management · Production

Shermco Powers Scalable Growth with AI-Driven Contract Intelligence

The problem

Shermco's rapid double-digit growth and diversification into new sectors outpaced its legacy contract management tools, leaving thousands of contracts lacking unified oversight, consistent compliance, and real-time visibility across legal, finance, and sales.

Workflow diagram · grounded in source

Contract intake across operations

trigger

“thousands of contracts flowing across its operations each year”

AI risk analysis via RiskAI

ai_action

“Now AI highlights only what requires human judgment, allowing our teams to focus where it truly matters”

Human review of flagged items

human_review

“allowing our teams to focus where it truly matters”

Cross-functional data access

integration

“giving finance immediate access to payment terms, enabling sales to serve customers more efficiently, and ensuring legal could maintain oversight without bottlenecks”

Real-time risk and compliance output

output

“Finance now prevents revenue leakage through real-time visibility, sales operate with greater agility, and legal ensures no high-risk clauses slip through unnoticed”

Reported outcome

Contract review times fell from several hours to just minutes; over 4,500 contracts and thousands of purchase orders are now processed annually without increasing headcount, while finance, sales, and legal each gained real-time visibility into contract data.

Reported metrics

Contract review timefrom several hours to just minutes

Contracts processed annuallyover 4,500

Headcount impact at scalewithout increasing headcount

Implementation durationfive months

Reported stack

Icertis Contract IntelligenceIcertis RiskAI

Source

https://www.icertis.com/customers/customer-stories/shermco-powers-scalable-growth-with-ai-driven-contract-intelligence/

Read source ↗

Frequently asked questions

What did this team achieve with this AI workflow?

Contract review times fell from several hours to just minutes; over 4,500 contracts and thousands of purchase orders are now processed annually without increasing headcount, while finance, sales, and legal each gained…

What tools did this team use?

Icertis Contract Intelligence, Icertis RiskAI.

What results were reported?

Contract review time: from several hours to just minutes; Contracts processed annually: over 4,500; Headcount impact at scale: without increasing headcount; Implementation duration: five months (source-reported, not independently verified).

How is this contract management AI workflow structured?

Contract intake across operations → AI risk analysis via RiskAI → Human review of flagged items → Cross-functional data access → Real-time risk and compliance output.