Target Audience

Legal teams, sales, and operations departments in large industrial enterprises.

Challenge

Trench Group faced slow contract reviews, delayed decisions, and missed risks due to manual processes. With a high volume of contracts, they needed a faster, more efficient way to review and manage agreements without compromising accuracy or risk management.

Solution Approach

An AI platform automates first-pass contract reviews, flagging risks, deviations, and suggesting standardized alternatives. This reduces review time from 150 minutes to 30 minutes and allows 80% of contracts to be handled autonomously by non-legal teams, with only high-risk cases escalated to legal experts.

Value Add

Significant time and cost savings (e.g., tariff analysis reduced from 2.5 weeks to 2 hours), faster decision-making, and improved risk visibility. Legal teams shift focus from manual processing to strategic advisory work, while operational teams gain confidence in AI-driven insights.

References

Implemented by Trench Group, a global leader in high-voltage component manufacturing, as part of Germany’s industrial AI adoption trend.

Read more here: https://www.luminance.com/press/trench-group-transforms-contract-management-with-luminance-ai-handling-80-of-contracts-without-legal-intervention/