Contract management in a banking institution

The main goal of this bachelor's thesis is to identify the most suitable strategy for the roll-out of the IT solution for contract management deployed in the procurement department to other departments in the bank. The need to spread contract management to other departments across the banking institution arises mainly due to the success of the described solution to the procurement processes, but also other factors that undoubtedly affect banking processes, such as desk-sharing, the so-called corona crisis, digitization, and greening of processes (paper-less), increasing pressure on efficiency and closely related automation. The theoretical part of the thesis generally describes the issue of contract management, how it is influenced by legislation in the Czech Republic and the European Union, what are the main benefits and possibilities of a similar solution. The practical part of the thesis defines the problem for a specific corporation operating in the banking domain in the Czech Republic. Afterwards, the strategies of the roll-out of an IT solution are identified based on the literature review. Strategies are then consulted with application and process managers. Based on the questionnaire survey, the most appropriate strategy for the roll-out of an existing IT contract management solution is recommended.