Porsche AG Rolls Out Leading CLM Platform to Increase Transparency and Efficiency
Porsche selected the Icertis Icertis Contract Intelligence (ICI) platform in 2018 to manage its indirect procurement contracting. Because of the rapid implementation and a highly configurable platform, the company decided to roll out ICI enterprise-wide.
With the expansion, the platform is being deployed across an additional 18 organizational units of Porsche AG and will be used by more than 2,000 users to manage over 100 different agreement types – from development to real estate contracts.
“The correct handling of contracts is an essential component of Porsche AG’s success,” said Dr. Melanie Schenk, legal counsel, Porsche AG. “ICI now enables transparent integration of all relevant departments in the process of contract coordination. It also supports the departments in contract processing, e.g. through the possibility of digital signing, deadline checks and a file that can be traced at any time.”