Aurora was engaged to conduct an RFP for a UK Bank, interested in purchasing a CLM Technology solution. Using our CLM expertise, detailed understanding of the issues the Bank faced, and in-depth CLM vendor knowledge, we were able to ensure the right questions were asked to a suitable selection of CLM Vendors.
The bank had a pressing need for an end-to-end CLM technology solution to increase efficiency, improve orchestration, automate processes and provide a single source of truth for their CLM process. Four vendors were selected by applying Aurora's objective assessment framework and the bank's preferences. These were independently scored on written reports and demos by the vendors allowing the client to select their favoured solution based on an agreed scoring matrix.