In the rapidly evolving landscape of corporate and institutional banking, achieving a tangible ROI from CLM systems has proved challenging for many.
Despite the promises of seamless automation, many institutions find themselves entangled in data complexities and manual processes that stymie the efficiency and benefits these platforms are supposed to deliver.
However, the integration of Corporate Digital Identity (CDI) into CLM frameworks is set to revolutionize this scenario by addressing these critical barriers.
To delve deeper into how CDI can transform the CLM process, a webinar is being organised exclusively for corporate and institutional banking executives by Encompass. This event is designed to slice through the complexities typically associated with CLM implementations and to help participants achieve rapid ROI from their systems.
The webinar promises substantial benefits for attendees, focusing on key areas such as operational efficiency and compliance.
Participants can expect to achieve up to 32% operational time savings by automating Know Your Customer (KYC) processes, thereby eliminating significant bottlenecks and boosting overall efficiency. Moreover, the application of CDI ensures that ROI is not just a possibility but a reality within the first year of implementation.
Additionally, the session will cover the importance of automated, auditable data validation processes which not only enhance compliance but also significantly improve client satisfaction by reducing delays and refining the client experience overall.
Educational insights will be provided on tackling prevalent data challenges and streamlining cumbersome manual processes within CLM systems. The webinar will explore the strategic extension of CLM capabilities through end-to-end automation and demonstrate how a ‘capture data once, use many times’ approach can drive organizational efficiency.
Furthermore, a robust API strategy will be discussed as a method to de-risk CLM investments, ensuring that financial institutions can leverage their systems to the fullest potential.
To register, click here.
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