contract_management · energy · workflow
Shermco Powers Scalable Growth with AI-Driven Contract Intelligence
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.
How it works
Common implementation structure
How this type of workflow is generally built, generalized across documented cases — not tied to any one vendor's stack. Click any stage to read what happens there. Specific products that implement these stages appear in “Tools commonly seen” below.
Stage 1 · Contract intake across operations
Thousands of contracts flow across Shermco's operations each year, initiating review and management.
Tools used
Icertis Contract IntelligenceIcertis RiskAI
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.
Results
Time savedfrom several hours to just minutes
Volumeover 4,500
Grounding & classification
Source type: vendor customer story
26 fields verified against source quotes.
document aidocument classificationcontractpurchase orderhuman review describedmetric backednamed customerproduction runtime claimedtools describedworkflow describedprofessional servicescycle time reductionemployee productivityerror reductionvendor customer storycompliance monitoringcontract managementlegal document reviewlegal opsextract classify routehuman review queue