Stahlbau Magdeburg switches from a stand-alone solution to digital contract management

"Amidst uncertainty, we have planned for the future and further development of our company. ContractHero helps us to manage these changes and make our work more efficient."

Thomas Janzen
Head of Finance, Organization and Operations Stahlbau Magdeburg
95
%
Fewer unplanned extensions / missed cancellations
100.000
Savings in the first year through better terms, fewer auto-renewals, and cost control
90
%
Less testing and approval time thanks to standardization and AI analysis
90
%
Less testing and approval time thanks to standardization and AI analysis

Find out how Stahlbau Magdeburg used ContractHero to digitize its contract management and over 450 contracts - not only saving time, but also gaining transparency and control over all contracts.

About Stahlbau Magdeburg

Stahlbau Magdeburg is a long-established company based in Saxony-Anhalt that specializes in high-quality steel and plant construction. For over 60 years, the company has been implementing complex construction projects for customers in industry, energy supply, and infrastructure. Its range of services extends from planning and manufacturing to the assembly of large steel structures.

Thanks to state-of-the-art technology and many years of experience, Stahlbau Magdeburg stands for reliability, precision, and quality "Made in Germany." Whether bridges, halls, or special structures—the company offers tailor-made solutions for demanding projects. Customers particularly appreciate the cooperative partnership and on-time implementation.

Thomas Janzen
Head of Finance, Organization and Operations Stahlbau Magdeburg

Challenges

Overview

Isolated solutions lead to confusion.
No central management of contract documents.
Paper files stored in different locations prevent a digital & hybrid way of working.

Interview with Thomas Janzen

How could ContractHero Stahlbau Magdeburg convince?

We were looking for an intuitive and user-friendly tool for centralized management of contract documents. Our needs included ease of use and scalable functionality at the same time. After numerous presentations and tests of different products, we found that many tools were either too complicated or did not offer the expected functionality. In addition, cost was a factor. Some products demanded high annual fees. However, ContractHero was able to convince us all along the line. Its ease of use, powerful features and attractive price-performance ratio made it the ideal solution for our requirements.

"The ContractHero solution offered us attractive value for money without compromising on performance."

Thomas Janzen, Head of Finance, Organization and Operations Stahlbau Magdeburg

What makes working at Stahlbau Magdeburg so exciting?

Firstly, the company operates in a highly competitive market where it is important to win tenders and meet high quality standards. This requires innovation and further development in order to remain competitive. Secondly, the field of activity is very diverse, and Stahlbau Magdeburg has proven that it is able to adapt to difficult times while maintaining a positive outlook for the future. In addition, the projects are interesting, such as the construction of bridges that have to be welded with millimeter precision.

What is the process when someone uses ContractHero?

The use of ContractHero was set up individually for us. It starts with training all employees and is implemented step by step from department to department. As bridge builders, we have to meet very high safety and quality standards, which must also be verified by certificates. That's why we currently use ContractHero for framework agreements and recording certificates to get an overview of their validity periods. In the next phases, additional departments will be integrated and additional contract categories will be added to ContractHero.

With ContractHero we have been able to design new processes

At Stahlbau Magdeburg, we were faced with the challenge of managing our contracts efficiently and clearly. With physical folders and unclear expiration dates, it was difficult to maintain an overview. However, the implementation of ContractHero brought about a significant improvement. ContractHero allows us to create custom fields and filter data, which, in combination with other tools, enables more in-depth analysis. An additional feature we particularly appreciated in ContractHero was the ability to record and analyze contract assessments using custom fields. This makes decisions about quality and reliability much easier.

Thomas Janzen, Head of Finance, Organization and Operations Stahlbau Magdeburg

"I want to sit down at my computer and have the information ready. I don't want to click through documents and folders with 12 file paths."

You've been a customer for a while, how's it going?

In our pioneering work with the software, we quickly moved into the "beta phase" despite the lack of specific workflows. The results so far, especially the more efficient contract creation and management, have met my personal expectations. Thanks to the fast and uncomplicated support we have received so far, I am relaxed about any questions that may arise in the future. The collaboration is efficient and we are looking forward to the next phases of optimization. Many thanks to the whole team—this is what makes cooperation fun!

"Amidst uncertainty, we have planned for the future and further development of our company. ContractHero helps us to manage these changes and make our work more efficient."

Thomas Janzen, Head of Finance, Organization and Operations Stahlbau Magdeburg
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How ContractHero solved our problems

Digital: Modern and optimized contract management
‍Reporting: Individual data filtering and analysis options
‍Supportive: Proactive detection and management of contract processes
‍Extensive: Versatile use for important contract documents of all kinds
‍Simple: Intuitive application with clear dashboard for efficient workflows

"The application and dashboard are so simple and unobtrusive that you can concentrate on the essentials. At the same time, it's so intuitive that you have lots of options."

Thomas Janzen, Head of Finance, Organization and Operations Stahlbau Magdeburg

Thomas adds: " With the implementation of ContractHero, we have created a central, digital repository for all contracts, which has significantly improved clarity and made it much easier to find specific contract information. ContractHero's intuitive dashboard allows us to keep track of contract terms and respond in a timely manner to expiring contracts and certificates. It has helped us to make our contract management efficient and effective.

Conclusion: What's next for Stahlbau Magdeburg?

We will continue to work intensively on digitization, both in manufacturing and in administration. In doing so, we will rely on cloud solutions and strive for central data storage and improved data analysis. Our goal is to make significant progress by the end of 2023. We also plan to expand our product portfolio and use renewable energy sources. With regard to sustainability, we would like to look into purchasing green steel.

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Frequently asked questions

How does ContractHero help prevent automatic renewals and control contract costs?

ContractHero makes contract terms, notice periods, and renewal clauses visible in your contract portfolio. Deadline management sets reminders and creates accountability. Contracts are reviewed in a timely manner and actively managed. This reduces contract costs and minimizes risks due to missed deadlines.

How does the process with ContractHero work on a day-to-day basis at Stahlbau Magdeburg?

Stahlbau Magdeburg has gradually introduced ContractHero. The focus is on central digital storage, a dashboard for overview, and custom fields for contract data. This makes contract searches faster and responsibilities clearer.

How does ContractHero assist with the management of certificates and their terms?

Stahlbau Magdeburg also records certificates and validity periods in ContractHero. Expiration dates remain visible and can be checked early on. The team can react in good time before certificates expire. This creates a reliable compliance and verification system.

Why is contract management particularly important for Stahlbau Magdeburg as a steel and plant manufacturer?

In steel and plant engineering, verification, documentation, and clear processes are essential. Contracts, framework agreements, and certificates must be quickly accessible and verifiable. ContractHero provides a centralized contract overview, contract search, and deadline management. This allows you to maintain control over your contract portfolio, even for complex projects.