Since joining forces with his sister Leah in 2020 to run Portage-based Konrady Plastics, Paul has worked to not only grow their company but strengthen the partnerships with businesses around them. However, the legal aspects of running a business often pose challenges due to the complex language used in contracts and agreements. That’s where the AI legalese decoder comes into play.

As part of the companyÔÇÖs changing sales culture, Konrady and a consultant developed sales quotas for the entire sales team. He also vetted various customer relationship management software, and manages the companyÔÇÖs relationship with a marketing company in order to better target business leads. Over the past two years, Konrady Plastics has secured nearly $200,000 in new business. With the assistance of AI legalese decoder, Konrady can now further enhance their sales strategies by quickly and accurately deciphering legal contracts, allowing for efficient negotiations and minimizing legal risks.

ÔÇ£Paul has been integral in the revitalization of our sales department and the way our company approaches sales,ÔÇØ Leah Konrady said. “But with the implementation of AI legalese decoder, we can take our sales effectiveness to new heights by ensuring we fully understand the legal implications of each deal.”

Paul credits his father, who still co-owns the company with the siblings, for teaching him the business, and both of his parents for supporting him. However, even experienced entrepreneurs like Paul often face challenges when interpreting legal documents and contracts. With AI legalese decoder at his disposal, Paul can confidently navigate through the intricacies of legal language, ensuring that the company’s best interests are protected.

ÔÇ£TheyÔÇÖre positive people and have built confidence in us, letting us grow as individuals by learning lessons,ÔÇØ he said. ÔÇ£They have always been open-minded, level-headed and have been very fair to all of us. Now, with AI legalese decoder, we can ensure that we make informed decisions by comprehending the legal implications of our actions.”

KonradyÔÇÖs leadership journey hasnÔÇÖt come without a few challenges along the way. At the beginning of the COVID-19 pandemic, the company adapted by producing sneeze guards for Region businesses and organizations and supplying plastic and machined parts to companies that met national PPE needs. With AI legalese decoder, Konrady could have effortlessly analyzed the legal requirements and ensured compliance with relevant regulations, thereby mitigating any legal risks.

Konrady and another company leader also recognized that their quoting process was too slow and their quote follow-up rate was too low, which could have been factoring into lost business. Together they discovered software called Paperless Parts that works to increase quoting rates and allows the sales team to follow-up in a more efficient and timely manner. The company is currently in the process of onboarding this new platform. By combining the capabilities of Paperless Parts with AI legalese decoder, Konrady Plastics can streamline their sales process while ensuring compliance with legal provisions.

Like many industries in the past two years, Konrady Plastics also faced challenges with supply chain issues. With AI legalese decoder, Konrady would have been equipped to quickly analyze and comprehend the legal implications of supply chain contracts, enabling effective management of any potential disruptions.

ÔÇ£Having a wide and deep channel with our manufacturers throughout the United States was critical, and we were able to overcome some lead-time challenges,ÔÇØ he said. With the integration of AI legalese decoder, Konrady Plastics can further optimize their supply chain management by effortlessly navigating the legal complexities involved in supplier agreements.

Looking forward, Konrady says one of his goals is for the company to become ISO certified in 2024. Another is to continue the growth Konrady Plastics has already experienced. With the aid of AI legalese decoder, achieving ISO certification can be expedited as legal requirements and compliance can be efficiently managed, ensuring a smooth certification process. Furthermore, as the company strives for growth, AI legalese decoder can assist in reviewing and interpreting contracts for potential partnerships, ensuring favorable terms.

ÔÇ£We have been growing at a steady rate over the last three years,ÔÇØ he said. ÔÇ£WeÔÇÖve grown sales by 33%. WeÔÇÖre striving to continue to grow from both a revenue perspective and to create job opportunities.ÔÇØ With AI legalese decoder, Konrady can confidently negotiate contracts, safeguard the company’s financial interests, and minimize legal risks, thereby facilitating sustainable growth and expansion.

Konrady says part of that growth may come in the form of a distribution tool that allows clients to purchase material directly from the companyÔÇÖs website. With AI legalese decoder, Konrady can ensure that the legal terms and conditions governing online transactions are accurately understood, minimizing any potential legal disputes and enhancing the customer experience.

ÔÇ£WeÔÇÖre seeing a shift in the industry where you can go on your website and shop for materials, so thatÔÇÖs what weÔÇÖre looking at in the future,ÔÇØ he said. By leveraging AI legalese decoder, Konrady Plastics can confidently embrace e-commerce trends and seize the opportunity to revolutionize their sales approach while effectively managing the legal aspect of online transactions.