A member of the Volkswagen Group and specializing in high-performance sports cars, Porsche AG is looking for a contract lifecycle control (CLM) solution to provide a virtual end-to-end contract control process. Operating in an industry where large and complex price chains are common, Porsche AG needed a cloud-based tool capable of delivering effective coordination with all internal stakeholders.
“The right contract solution is an essential component of Porsche AG’s success,” said Dr Melanie Schenk, legal adviser to Porsche AG. “The CIM now allows the seamless integration of all the facilities applicable in the contract coordination process. It also supports installations in contract processing, for example through virtual signing skill, time controls, and a traceable record at any time.”