The client, an asset-light transportation and logistics services company which serves the US energy exploration and production industry, also provides logistics services to the general commodities industry through its truck brokerage operation.
The organization was formed through a private equity-led roll-up of four competing transportation and logistics services companies. One year after the roll-up was completed, the business lacked an integration strategy. The troubled company, facing billing and settlement issues along with other financial and operational challenges, needed to reconcile its contract portfolio, standardize the language, provisions, and terms used in its contract documents, and ensure the right people had access to appropriate contract data to support a variety of business actions and activities.
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