A New Approach to Digital Contracting

Laptop
Laptop

TTK Prestige handles lengthy, time-consuming, and paper-heavy documentation processes for multiple channel partners across the country.

To digitize the contracting process and decrease paper dependency, TTK Prestige partnered with Melento, resulting in a 30% cost reduction and providing more organized and transparent processes for all channel partners.

The Challenge

Manual Contracting and Signature Delays

TTK Prestige faced delays in contracting due to signature hold-ups, manual paperwork overload, misaligned teams, courier expenses, and unavailable signatories. These issues caused higher costs and increased frustration. The manual process often took between 3 to 30 days due to reliance on paperwork and signatory availability.

The Turning Point

Implementing Melento’s Contract Management Solution

Melento (formerly SignDesk) digitized TTK Prestige’s contract workflow to make it smoother and more efficient. It eliminated heavy manual paperwork and reduced courier needs by providing a secure, automated, and regulatory-compliant contract management process, from initiation to signing, on a single, unified digital platform.

dot The Solution in Action bulb

Digital Contract Initiation & Drafting

Enabled channel partners to initiate and draft compliant contracts instantly using standardized templates and clause libraries.

Automated Workflow & Approvals

Streamlined multi-level approvals with custom workflows and role-based access, reducing approval cycles from days to hours.

Online Negotiation & Document Control

Centralized negotiation, redlining, and document control on a secure portal, eliminating version conflicts and email back-and-forth.

Digital Execution With eSign & Stamping

Accelerated contract execution with Aadhaar eSign and digital stamping, cutting signing time from 3–30 days to 10 minutes.

Contract Repository & Compliance Management

Provided a unified, searchable repository with automated alerts and obligation tracking for full contract visibility and compliance.

AI-Powered
Automation

Automated metadata extraction, summarization, and playbook checks to reduce manual effort and speed up legal review.

Integrations, Security & Scalability

Delivered secure, scalable operations through SSO/MFA, API integrations, and cloud storage sync for seamless enterprise adoption.

The Impact Results: Efficiency That Shows Up on the Bottom Line

Metric Before Melento After Melento
Contract Management Manual, paper-heavy Few hours
Storage Systems Manual Digital, high-volume stored in a centralized repository
Channel Onboarding TAT Minimum 3 - 30 days Reduced to 10 minutes, 90% reduction
Operational Cost High Reduced by 30%
Logistic overhead High Eliminated
Manual errors Frequent Reduced to zero
Compliance & traceability Manual, time-consuming Instant, fully traceable
Operational scalability Limited Reduced manpower, scalable

Contract Management

Before Melento
After Melento
Manual, paper-heavy
Few hours

Storage Systems

Before Melento
After Melento
Manual
Digital, high-volume stored in a centralized repository

Channel Onboarding TAT

Before Melento
After Melento
Minimum 3 - 30 days
Reduced to 10 minutes, 90% reduction

Operational Cost

Before Melento
After Melento
High
Reduced by 30%

Logistic overhead

Before Melento
After Melento
High
Eliminated

Manual errors

Before Melento
After Melento
Frequent
Reduced to zero

Compliance & traceability

Before Melento
After Melento
Manual, time-consuming
Instant, fully traceable

Operational scalability

Before Melento
After Melento
Limited
Reduced manpower, scalable
BARC Logo

TTK’s Take

“Melento helped us to digitize the end-to-end contracting process to help our business scale and manage our channel partners all in one centralized system.

The process, which used to take a minimum of 3 days and could go up to 30 days, is now reduced to 10 minutes.”

- G. Ramesh Babu (Senior DGM Legal, TTK Prestige)

Why This Matters for Institutions like TTK Prestige

For enterprises, processing and managing thousands of customer contracts manually is a time-consuming, error-prone, and expensive operation. In addition to this, the signatories’ unavailability, the back-and-forth of contract documents, and transit time also create a major bottleneck.

By digitizing the process with Melento helped TTK Prestige and thousands of customers alike to centralize their contracting, unlock faster and seamless end-to-end contract lifecycle at a lower operational cost, ensuring better compliance oversight, while creating a scalable, audit-ready foundation for growth.

Ready to fast-track your digital
contracting process?
Talk to a Melento specialist today.

Book a Demo