As anyone who has a banking app on their phone can tell you, the digital transformation is well underway in the financial industry. Breakthroughs in financial technology have made it possible for bank customers to deposit a check, apply for loans, and transfer funds with little more than a swipe of the thumb.
Leading banks across the world that want to accelerate their business while reducing risk are starting their digital transformation journeys with enterprise contract management. By digitizing their contracts, they are setting themselves up for success in a rapidly changing industry.
This report highlights seven questions a banking organization should ask about its contract management system, and how the right enterprise system addresses each.