Streamlining Contract Management for Crypto Exchange with Juro

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Streamlining Contract Management for Crypto Exchange with Juro

Challenges Faced by Luno

Luno, a leading global crypto exchange and currency platform, faced challenges with their manual contract processes before implementing Juro. Their legal team had to manually create, update, and manage contracts, which led to difficulties in document management as the business grew. Issues like documents not being correctly signed or missing information resulted in back-and-forth engagements with signatories. This manual process was unsustainable and time-consuming, impacting other teams within the company as well.

The Solution by Juro

Luno decided to automate their contract lifecycle by implementing Juro as their global contract management platform. This automated workflow allowed the legal team to manage all contracts in a unified system of record. Users quickly adopted the tool and found significant efficiencies and time savings. With Juro, tasks that previously took days could now be completed in minutes. The platform enabled faster contract and template management, simplifying processes and unifying contract management in one place. Smart fields and customizable templates in Juro facilitated collaborative document creation, streamlining the contract generation process considerably.

Results and Impact

The implementation of Juro's automated solution supercharged Luno's contract processes, reducing friction throughout the contract lifecycle. The legal team remained in control of their documents while experiencing considerable time savings and positive feedback from users. Juro's platform, rated as the #1 contract platform globally for speed of implementation, has made a significant impact on Luno's contract management efficiency.

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Business-wide contract automation

RVU, a company specializing in consumer marketplaces, faced challenges in scaling its legal processes due to its growth from various acquisitions. With diverse contract processes inherited from different businesses, RVU relied on manual processes and Word templates for low-value contracts. This led to delays in signing, lengthy negotiations, and inefficiencies. To address these challenges, RVU sought a solution that would enable self-service contract management, ensure version control, and establish a centralized contract repository.

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Streamlined Contract Management and Reporting

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