bwin.party, one of the world's largest online gaming companies, has successfully gone live with a contract management solution from Icertis, a provider of enterprise solutions in the Microsoft Cloud. Icertis Contract Management will address all contracting requirements of bwin.party, facilitating a single repository to create, store, manage and monitor their entire portfolio of contracts.
Headquartered in Gibraltar, bwin.party is a leader in digital entertainment and is one of the world's largest online gaming businesses. It has over 3,000 employees worldwide with total revenue in 2012 of €801.6 million. It commands a leading market position in each of their four product verticals offering: online sports betting, poker, casino and games and bingo with some of the world's biggest online gaming brands including bwin, partypoker, PartyCasino and Foxy Bingo.
"This is a great win for us as bwin.party went through a stringent and thorough assessment of solutions from around the world," said Samir Bodas, CEO and co‐founder of Icertis. "bwin.party is a leader in a unique space which is growing rapidly. They were looking for a comprehensive solution which could take care of their compliance and contract management issues seamlessly while they concentrate on their market expansion. Icertis Contract Management will help them do this effortlessly, reaffirming our leadership in the contract management space."
Icertis deployed Icertis Contract Management (ICM) at bwin.party to standardize the contracting process, manage risk, and further enhance overall contractual compliance. This will improve user productivity, allow better tracking of contracts including renewal and expiration dates, and strengthen bwin.party's contracting process helping save costs and allow significant improvement in contract turnaround time.
"We are looking forward to our association with Icertis,” said Bernard Njoku, head of procurement at bwin.party. “Their product innovation, customer track record, ease of use, coupled with demonstrated commitment to understanding our market and requirements, at all stages of evaluation, made them an obvious choice for us."