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Daimler Spearheads Digital Transformation

How contract lifecycle management reduces contract cycle time by 83%. 

 
 
 

Key Findings

 

Challenge

Daimler needed to overhaul its procurement system to handle its growth and stay out in front in a rapidly changing industry. 

Solution

A cloud-first, API-first approach to contract intelligence accelerates the sourcing process and protects the company against risk. 

Results

Daimler reduced contract turnaround time from six weeks to one week, an 83% improvement.  

Daimler Spearheads Digital Transformation with Icertis

“We wanted sourcing and contracting to go hand in hand, because in procurement you start with sourcing but immediately you also start your first contracts. When this is joined in one powerful tool, you have everything transparent.” 

Ulrich Ochmann, Product Owner Contracting, New Procurement System Daimler 

 

The Daimler procurement system is now faster, stronger, and more efficient. 

Contract lifecycle management has driven speed, safety, and compliance into every aspect of Daimler procurement systems and processes. 

 
 

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