Our customers are always at the core of everything we do at Evisort. Recently, Evisort customer Western Union, a multinational financial services company, was recognized by the Association of Corporate Counsel (ACC) for their successful value initiative and collaboration with Evisort and law firm Husch Blackwell. 

In October, at the 2022 ACC Annual Meeting in Las Vegas, Western Union was formally presented with the Value Champion Award, part of a prestigious award program that recognizes companies affecting change within the legal industry through creativity and value-based legal management skills. By partnering with Evisort and Husch Blackwell Director of Legal Operations, Kevin Bielawski, Western Union cut costs, improved predictability, and achieved positive business outcomes.

“Evisort is instrumental in our global procurement and legal operations at Western Union,” said Rebecca Crance, Legal Counsel - Global Real Estate and Procurement at Western Union. “In 2021, Western Union centralized and gained visibility into global supplier contracts while reducing spend on outsourced counsel by over 70%, and we’ve achieved even greater savings with Evisort in 2022.”

The Western Union (WU) legal team knew a change was imperative to keep up with the speed of the functional areas and business units it supported. Specifically, the team set out to solve for gaps in the prior review process, such as lost time recreating legal documents or language due to the lack of strong systems and processes to preserve such resources. That change came in the form of a multi-stakeholder CLM (contract lifecycle management) initiative that brought together members of WU’s legal and procurement teams, technology vendor Evisort, and law firm Husch Blackwell. To address the above, WU Legal engaged Husch Blackwell to develop a library of contract templates, playbooks, and processes. 

Legal also engaged Evisort to implement a modern CLM platform with integration into the company’s workday system. Evisort allowed procurement to build a contract with the appropriate template and playbook to send to a vendor. Concurrently, they’ve broken volume records on contracts reviewed by the company, all while reducing average contract execution time by 65 percent. Not only saving time and money, but also strengthening relationships with procurement and turning it into a competitive advantage.

“We are proud of Western Union’s accomplishments using Evisort’s platform and honored by ACC’s recognition,” said Evisort Chief Customer Officer Rachael McBrearty. “We will continue supporting customers by enhancing our AI capabilities to further simplify the contract management process.”

To explore the complete list of the 2022 ACC Value Champions, visit the ACC website here.