Faster, Secure, Smarter Contracts for BFSI – Powered by Melento CLM

Accelerate banking, insurance, and financial workflows with Melento (Formerly SignDesk) – the trusted CLM platform built for compliance-heavy, high-volume transactions.

Get in Touch With Mfs dark (19)

Unlocking Speed & Savings: Why Smart Contract
Management is Essential for BFSI

In the BFSI sector, contract workflows are often slowed down and disrupted by complex agreements,
stringent compliance requirements, and manual processes. Disjointed collaboration, limited visibility,
and inconsistent templates further slow down deal cycles and increase risk.

Melento’s AI-powered CLM transforms this with:

100% automated, secure workflows
that reduce manual approvals

Centralized contract repository for complete
visibility and version control

Real-time collaboration tools for
1.6x faster negotiation and communication

Audit-ready logs and regulatory alignment
for peace of mind

The The Hidden Costs of Manual
Contracting in BFSI

In a compliance-intensive, high-stakes industry like BFSI, inefficient contract management undermines not only profitability,
customer trust, and regulatory standing, but also strains partner relationships and disrupts internal efficiency.

Manual Contract
Approvals

Prolongs TAT – delaying loan disbursals, policy issuance, onboarding, vendor agreements, property management, and partnership or real estate contracts

Poor Compliance
Controls

Regulatory penalties in BFSI can wipe out up to 40% of a contract’s revenue.

Lack of Centralized Repository

Lost versions and misplaced contracts heighten audit risks.

Disjointed Negotiation Workflows

Extends contract cycles, delaying time-to-market for critical offerings.

Melento CLM: #1 Solution Purpose-Built for BFSI Contracting

Here’s how Melento CLM resolves core challenges with intelligent automation.

Accelerate TAT by 68%

Manual reviews take up to 92 minutes per contract. Melento offers Automated approvals for faster disbursals, policy issuance, and real-time onboarding.

Be 100% Audit Readiness

Non-standard contracts heighten audit exposure. Melento enforces templates, tracks obligations, and auto-flags risks to guarantee compliance.

Centralize & Simplify

90% of professionals struggle to locate clauses. Melento enables full-text search, role-based access, and a unified repository for easy retrieval.

Cut Op. Costs by 54%

Paper-based processes inflate expenses. Paper-heavy processes inflate costs. Melento’s digital-first platform reduces overhead for high-volume, compliance-driven BFSI operations.

Smart CLM ! for Smooth Contracting

We're your all-in-one contract powerhouse, processing over 50 million contracts, winning more
than 20 industry awards, and offering enterprise-grade, ISO/GDPR-certified security.