CASE STUDY SUCCESS WITH NXP “We have over 15,000 contracts and every year we add 3,500 new contracts with new approval flows. Apttus is becoming part of the genes of our organization and can really help us grow by enabling efficient contracting processes.” - Charles Smit, Executive VP, Legal, NXP Semiconductor Apttus delivers a flexible solution built on the Salesforce platform to provide NXP with swift and efficient Contract Management. Customer Overview NXP Semiconductor, a leading global semiconductor company providing intelligent solutions for electronic devices with operations in more than 25 countries and $4.36 billion in revenue. The Business Challenge NXP needed a contract management solution that could serve their company worldwide. NXP had just been spun off from Philips and had no tools and no formal processes of its own. They needed a way to manage more than 15,000 contracts worldwide with efficient processes and effective risk management. Like many companies, NXP is decentralized with many people work on contracts across diverse geographies. It wanted one system to be used for sales and purchasing contracts. NXP’s objectives were three-fold: to have one contract database worldwide, to have one contract approval process worldwide, and to have one set of data that could be used to manage risks worldwide. This initiative was high on the company board’s wish list and the vice president of legal was named as the project leader. . APTTUS Corporation | apttus.com | (650) 539-2052 CASE STUDY Solution What made Apttus the most attractive solution for NXP was the flexibility of the platform and the ability to approve contracts via mobile devices including smartphones. The importance of the Salesforce platform was high because the sales organization was already using Salesforce and it needed to ensure that sales would use the system, otherwise the project would not be a success. NXP now has a single global system Because Apttus is built on the Salesforce platform, the solution for contracting, bringing greater looked and operated like a Salesforce add-on rather than a completely new system. This went over very well in the sales awareness and focus on contract and risk management to each and organization. every employee. The flexibility of the Apttus solution was also very important to NXP. They knew what they needed customized and had the requirements gathered upfront. Since most of the company’s business managers spend a good portion of their time traveling, the ability to approve contracts on a mobile device was also high on the solution criteria list. Key features: Built on Salesforce Flexible solution for customizations Mobile app enabling contract approvals via smartphone When it came time to deploy, NXP had a system of pointed communications for troubleshooting any issues and leveraged Apttus’ well-trained support team to help make the implementation an immediate success. Benefits NXP now has a single global system for contracting, bringing greater awareness and focus on contract and risk management to each and every employee. Moving forward, NXP is considering extending its Apttus contracting footprint to ease contract creation for high-volume, standard contracts such as confidentiality agreements and evaluation licenses. About Apttus Apttus delivers Quote-to-Cash, category-defining software that drives the vital business process between the buyer’s interest in a purchase and the realization of revenue. Apttus is delivered on the Salesforce Platform, the world’s most trusted and comprehensive cloud delivery infrastructure. Applications include Configure-Price-Quote (CPQ), Proposal Management, Renewals, Contract Management and Revenue Management. Additionally, Apttus’ patent pending X-Author technology enables Microsoft Office to be a user-interface with full interaction and control between Salesforce and Microsoft Office. Apttus is based in San Mateo, California, with additional offices in London, UK and Ahmedabad, India. For more information visit: apttus.com. © 2013 APTTUS
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