Highlights
- Customer
Major U.S. based media & entertainment conglomerate
- Industry
Media & Entertainment
Benefits
- Advanced business analytics capabilities enabled automation of highly complex agreements
- Solution is being leveraged across the enterprise to provide automation, flexibility, intelligence and process fluidity across departments
- Multiple brands on-boarded on the platform
- 100+ contracts types automated
- Standardized agreements across brands eliminating significant duplication
The Client
Major U.S. based media & entertainment conglomerate with a portfolio of cable and broadcast television properties, music production and distribution capabilities and film studios
Business Challenges
- Create a seamless, automated, cloud-platformed system that could be scaled globally to manage the complex and labor-intensive process of creating, negotiating and managing talent and production services contracts
- Enable automation and visibility into every step of the contract process from Creative Idea through Pitch Tracking, Greenlighting, Budgeting, Options, and Renewals with backend financial integrations
- Enable contract automation on multiple contract types including Talent Deal Requests, Script Acquisition Requests and Pilot and Series
- Requirement for Business Affairs and Legal to have online, real-time visibility for purposes of contract assignment and deal progression tracking
- System would need to scale in response to evolving market, business and technical landscape
Birlasoft Differentiators
- Deep domain expertise in Media & Entertainment applied to contract automation development
- Proven expertise of implementing similar solutions both is scope and complexity at various Media & Entertainment companies
- Unique, differentiated solution specifically designed and developed for Media & Entertainment
- Ability to create, deliver and integrate extensive customizations throughout client environment
- Dedicated senior leadership and delivery guidance onsite
- Implemented an offshore development model to ensure scalability, resource availability, cost effectiveness, development flexibility
- Combined governance team from both domain and service line to ensure seamless delivery
- Integrated learnings from additional verticals to design and delivery of solution
Birlasoft Solution
- Solution platformed on Salesforce with embedded Apttus Contract Generation software
- Deconstruction of contract templates to derive all questions & conditions for every deal type
- Contract lifecycle management system incorporating creation, drafting, negotiation, approval, e-signature, and storage capabilities
- Developed simplified user-friendly wizard-based Q & A approach to capture business input
- Configurable wizard solution enables rapid turnaround for additional questions / clauses
- Wizard answers stored as contract metadata
- Facility to use contract metadata to generate new contracts and develop contract reports
- Complex approvals workflow capabilities
- Agile development and delivery model, resilient IT governance and virtual collaboration