Case Study

DenizBank Gains Total Contract Visibility

DenizBank Gains Total Contract Visibility

Pages 2 Pages

DenizBank Gains Total Contract Visibility BUSINESS CHALLENGE Due to a manual, paper-based contracting process, DenizBank struggled to achieve comprehensive visibility into the contracts to which it was a party. Thousands of different types of commercial agreements were stored on paper, and often lacked important metadata. As a result of this lack of transparency, essential contract management follow-up processes were inconsistent. Contract management effectiveness varied from department to department, as there was no standard, company-wide process. DenizBank sought a contract lifecycle management solution that would allow the company to digitize all agreements for full transparency, standardize contract administration, facilitate consistent follow-up, and work across the en

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