Icertis
DenizBank Contract Management Solution Implementation
Pages
2
Time to read
2 mins
Publication
Language
English
Pages
2
Time to read
2 mins
Publication
Language
English
This case study outlines the implementation of the Icertis Contract Intelligence (ICI) platform by DenizBank to enhance contract management processes. The document describes the challenges faced by DenizBank due to a manual, paper-based contracting process, which resulted in a lack of visibility into contract terms and status. The bank sought a solution to digitize its contracts, standardize administration processes, and improve follow-up consistency across departments. The ICI platform provided complete digitization of thousands of contract types, enabling all contracts to be indexed and searchable. This transition aimed to facilitate total visibility into contract terms and establish consistent workflows. The results anticipated include streamlined follow-up tasks and the ability for DenizBank leadership to customize workflows based on various parameters. The case study emphasizes the expected benefits of effective follow-up on contracts as a key outcome of the implementation.