Icertis

Powering Contract Intelligence Across the Enterprise

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Description

Icertis offers an enterprise-grade Contract Intelligence (CI) platform designed to manage the complexities of modern contracting. Leveraging artificial intelligence, the platform transforms static contracts into strategic assets by structuring and connecting vital business information contained within them. It provides comprehensive Contract Lifecycle Management (CLM) capabilities, streamlining processes from creation and negotiation through to execution, compliance, and renewal.

The system integrates deeply with other core business platforms like ERP and CRM systems, ensuring contract terms are enforced across transactions to maximize revenue, control costs, and mitigate risks. Icertis aims to empower various departments, including Legal, Procurement, Sales, and Finance, by providing visibility and actionable insights from their contract portfolio, thereby improving efficiency and driving strategic decision-making across the organization.

Key Features

AI-Powered Contract Intelligence Platform: Core system leveraging AI for contract analysis and management.
Contract Lifecycle Management (CLM): End-to-end management of contract processes.
Icertis Copilots (ExploreAI, NegotiateAI, AI Studio): Generative AI assistants for contract interaction, negotiation, and analysis.
Enterprise Integrations: Seamless connection with SAP, Microsoft, Salesforce, Workday, Adobe, Docusign, and more.
Obligation Management: Tracks and manages contractual commitments and deliverables.
Risk Management: Identifies, assesses, and mitigates contract-related risks.
Proposal Management: Streamlines the creation and management of proposals linked to contracts.
Supplier Relationship Management: Enhances vendor management through contract insights.
Business Applications Suite: Includes specific tools for various departmental needs.
Industry-Specific Solutions: Tailored functionalities for sectors like Financial Services, Healthcare, Manufacturing, etc.

Use Cases

Centralizing and managing enterprise-wide contracts.
Automating and accelerating contract creation, negotiation, and approval workflows.
Analyzing contracts with AI to identify risks, opportunities, and obligations.
Ensuring compliance with regulatory requirements and internal policies.
Integrating contract data with ERP/CRM to prevent value leakage and enforce terms.
Managing supplier contracts and relationships more effectively.
Streamlining sales contract processes to accelerate deal cycles.
Improving financial controls and visibility through contract data.
Managing IT contracts and vendor agreements efficiently.