Case Study
Daimler Spearheads Digital Transformation with Icertis
Daimler Spearheads Digital Transformation with Icertis The Icertis Contract Management (ICM) platform reduces contract cycle time by 83%, drives new vision of procurement for auto manufacturer. Daimler is one of the world’s biggest producers of premium cars and the world’s biggest manufacturer of commercial vehicles. BUSINESS CHALLENGE Daimler, a leading automobile manufacturer behind such iconic brands as Mercedes-Benz and the world’s biggest manufacturer of commercial vehicles, needed to overhaul its procurement system to handle its tremendous growth. Business expansion meant higher budgeting volumes, hundreds of thousands of suppliers, and thousands of sourcing personnel responsible for buying goods in the organization. Its 25-year-old procurement system was not up f