5 Contract Questions AI Can Answer in a Crisis

2020-03-18T09:23:00-07:00

March 12, 2020

For many companies, a contract is seen as something to be signed, filed away, and forgotten about until something goes wrong. Yet when that something does go wrong, it is often a mad scramble to find the necessary documents to understand the implications for business. Tragically, the COVID-19 pandemic is ...
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5 Contract Questions AI Can Answer in a Crisis

Contract management software allows companies to work off one source of truth, assisted by AI able to crawl contracts at scale to surface relevant clauses.

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5 Contract Questions AI Can Answer in a Crisis2020-03-18T09:23:00-07:00

How An ‘Internet of Contracts’ Will Connect Tomorrow’s World of Commerce

2020-02-11T12:33:12-08:00

January 29, 2020

In the last few years, contracts have started coming out of drawers and filing cabinets to start interacting with their environments. Sales contracts are actively referred to at each milestone and procurement contracts are married to service level agreements. Increasingly, contracts are becoming integral components of the long-term, dynamic collaboration ...
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How an ‘Internet of Contracts’ Will Connect Tomorrow’s World of Commerce

Contracts will soon be connected, interact with each other, and exchange data – creating an "Internet of Contracts." And it will change everything.

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How An ‘Internet of Contracts’ Will Connect Tomorrow’s World of Commerce2020-02-11T12:33:12-08:00

Why Visual Contracting Is an Emerging Paradigm in Business

2020-02-11T12:53:34-08:00

January 8, 2020

In late 2017, a team of researchers discovered a 4,000-year-old Assyrian clay tablet at the UNESCO World Heritage site of Kültepe-Kanesh in Turkey. The researchers were amazed to find that the tablet was a complex pre-nuptial agreement between a man, Laqipum, and a woman, Hatala. Not only did it include ...
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Why Visual Contracting Is an Emerging Paradigm in Business

The world is moving to visual, interactive and immersed modes of communication at an extraordinary pace. Now contracts are joining the trend.

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Why Visual Contracting Is an Emerging Paradigm in Business2020-02-11T12:53:34-08:00

Three Ways To Ensure Your Company Gets Blockchain Right

2019-10-14T14:29:32-07:00

October 11, 2019

Let me start by saying you can never get blockchain right—you have to get your business case right to make practical use of the technology. For many people, blockchain today is what artificial intelligence (AI) was a few years ago: a technology they’ve heard a lot about yet struggle to understand the ...
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Three Ways to Ensure Your Company Gets Blockchain Right

Every business person can and should be thinking through how they can prepare their organizations to adopt blockchain into their processes.

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Three Ways To Ensure Your Company Gets Blockchain Right2019-10-14T14:29:32-07:00

With Contract Management Software, Data Needs AI, and AI Needs Data: A Q&A With Icertis Co-founder and CTO Monish Darda

2019-11-15T02:54:09-08:00

September 24, 2019

The following Q&A with Icertis CTO and Co-founder Monish Darda was originally published on AiThority. AiThority: How difficult is it to help enterprises leverage contract management through artificial intelligence capabilities? What are the challenges you faced and how did you overcome them? Monish Darda: As with any technology that is ...
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With Contract Management Software, Data Needs AI, and AI Needs Data

Effective AI and ML need data, and Icertis probably has one of the largest structured contract repositories in the world.

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With Contract Management Software, Data Needs AI, and AI Needs Data: A Q&A With Icertis Co-founder and CTO Monish Darda2019-11-15T02:54:09-08:00

Re-Thinking AI for Financial Processes

2019-09-11T18:05:29-07:00

September 12, 2019

There is endless debate about the meaning of the term “artificial intelligence,” but there’s one point where everyone can agree: AI is not for amateurs. Implementing a predictive analytics system, teaching a car to drive itself, getting a customer-facing chatbot up and running—these AI-based tasks are not for beginners. But ...
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Re-Thinking AI for Financial Processes

We’re now entering a new era, and AI is booming in fintech.

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Re-Thinking AI for Financial Processes2019-09-11T18:05:29-07:00

Crawl, Walk, Run: A Roadmap to Understanding and Leveraging Contract Management Metrics

2019-06-27T18:43:24-07:00

June 27, 2019

Recently, a project manager at major pharmaceutical company was asked about what benefits her company is seeing from its enterprise-wide contract lifecycle management (CLM) platform. She responded that it was all about data. “Now, we are able to know how many contracts we are doing, and what is in those ...
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Crawl, Walk, Run: A Road Map to Understanding and Leveraging Contract Management Metrics

One of the major benefits of turning contracts from static documents to digital assets is the wealth of data it produces about contracts and the contract process.

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Crawl, Walk, Run: A Roadmap to Understanding and Leveraging Contract Management Metrics2019-06-27T18:43:24-07:00

Visual Contracting: The Next Frontier of Contract Management Software

2019-11-15T02:43:08-08:00

June 10, 2019

Let's face it: Unless you're a lawyer, contracts can be extremely difficult to understand. And yet contracts need to be understood, as they enshrine business rules, capture risk and reward and define governance for the enterprise. Historically, this challenge has been considered an inevitable part of business, and companies created ...
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Visual Contracting: The Next Frontier of Contract Management Software - Icertis

Icertis is committed to building contract management software that unlocks the value of contracts, and visual contracting is perhaps the most powerful tool we’ve developed to date to achieve that goal.

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Visual Contracting: The Next Frontier of Contract Management Software2019-11-15T02:43:08-08:00

An Alexa for Contracts? Five Ways AI Will Drive New Value in Contract Management Software

2019-06-04T20:18:26-07:00

April 4, 2019

As Artificial Intelligence continues to get mindshare and generate interest with many real and some exotic applications, it also presents major opportunities for how enterprises manage their contracts. How? We at Icertis have published a few thoughts on the matter. Now, a new report from Forrester Research, “The Forrester Wave: ...
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An Alexa for Contracts? Five Ways AI Will Drive New Value in Contract Management Software

An Alexa for contracts? Learn where leading analysts expect artificial intelligence to take contract management software in the coming years.

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An Alexa for Contracts? Five Ways AI Will Drive New Value in Contract Management Software2019-06-04T20:18:26-07:00

Contracting at the Edge: How AI and Blockchain Are Changing the Rules of Business

2019-06-04T20:21:37-07:00

January 30, 2019

Think about the last time you rented a car. If your experience was like mine, you did not sign your contract until you got to the counter. There was no question about when exactly you’d need the car (since you’d already landed and knew your precise arrival time!) and you ...
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Contracting at the Edge: How AI and Blockchain Are Changing the Rules of Business

With AI, businesses are taking contracts to the edge - nearer the transaction, when they have a complete picture of the environment around the contract, enabling all parties to use the most up-to-date information.

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Contracting at the Edge: How AI and Blockchain Are Changing the Rules of Business2019-06-04T20:21:37-07:00

With AI, Buy-vs.-Build Becomes a No-Brainer in Contract Management

2019-08-14T19:01:47-07:00

January 25, 2019

As I meet with customers to discuss modern contract lifecycle management (CLM) technology and emerging fields like artificial intelligence (AI), one comment I often hear from executives at companies with internal IT development resources is: “Can’t we just build it ourselves?” Good question! Icertis’ first customer was Microsoft. Needless to ...
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With AI, Buy-vs.-Build Becomes a No-Brainer in Contract Management

For AI to deliver real value, you have to have a critical mass of diverse data to be able to train the algorithms and continuously improve them through machine learning.

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With AI, Buy-vs.-Build Becomes a No-Brainer in Contract Management2019-08-14T19:01:47-07:00

Icertis Ranked Highest in Current Offering in Contract Lifecycle Management Evaluation by Forrester

2019-06-04T20:22:07-07:00

January 15, 2019

When Monish and I founded Icertis, we began on a journey to transform the foundation of commerce. We believed that the digitization of contracts would unleash enormous value at enterprises by allowing cloud computing and, later, artificial intelligence, to turn these static documents into strategic business assets. So it is ...
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Highest Rank in Contract Lifecycle Management by Forrester - Icertis

The Icertis Contract Management (ICM) platform received the highest score possible (5.0) in 17 out of 22 product categories. Read more about Icertis here.

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Icertis Ranked Highest in Current Offering in Contract Lifecycle Management Evaluation by Forrester2019-06-04T20:22:07-07:00

Technology and AI Are the Key to Fast Tracking Drug R&D

2019-06-04T20:22:18-07:00

December 1, 2018

This article first appeared in European Pharmaceutical Manufacturer  The pharmaceutical industry is undergoing a period of rapid change. Merger and acquisition activity is high, regulations are becoming more stringent, and companies are forced to be evermore focused on cost. Regulation challenges were recently made more complex by the introduction of ...
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Key to Fast Tracking Drug R&D: Technology & AI - Icertis

Pharmaceutical operations involve relationships with stakeholders, which are usually defined by contracts, especially R&D. Technology & AI are the answers.

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Technology and AI Are the Key to Fast Tracking Drug R&D2019-06-04T20:22:18-07:00

How Airbus and Daimler Are Transforming Sourcing with Contract Management Software

2019-06-04T20:22:55-07:00

November 1, 2018

Airbus and Daimler are both global enterprises that manufacture iconic products—with massive portfolios of global suppliers to match. They are also both completely rethinking how they manage their relationships with these suppliers by putting contracts at the center of the sourcing process. Last week, Airbus announced that it has chosen ...
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Contract-Centric Sourcing With Icertis - Airbus & Daimler

Airbus & Daimler are Icertis users who use contract-centric sourcing to optimize vendor relationships, accelerate negotiations, and increase compliance.

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How Airbus and Daimler Are Transforming Sourcing with Contract Management Software2019-06-04T20:22:55-07:00

The Future of Procurement: Contract Management and AI

2019-06-28T19:42:29-07:00

October 31, 2018

It was a real pleasure to be able to contribute to the ProcureCon benchmarking report on ‘Driving Procurement Transformation’ this year. The report surveyed 100 Chief Procurement Officers (CPOs) from across Europe to find out more about the challenges they face, and the innovative solutions being brought to the table. ...
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Supply Chain Futures Involve Contract Management & AI

According to the 2018 ProcureCon report, the future of procurement will center on innovative contract management and use of Artificial Intelligence.

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The Future of Procurement: Contract Management and AI2019-06-28T19:42:29-07:00

Digital Transformation Comes Alive at Microsoft Ignite and Envision

2019-06-04T20:23:45-07:00

October 1, 2018

Last week, Icertis had the pleasure of joining customers and other Microsoft partners at the Microsoft Envision and Ignite conferences. When it comes to connecting with people who are implementing and deploying cutting-edge technologies, nothing beats these annual gatherings. "Digital transformation" is a buzzword that gets thrown around a lot, ...
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Microsoft Ignite & Envision - Digital Transformation - Icertis

Business and tech leaders are realizing the value of digitizing contracts in order to extract their full value. Learn more on the reasoning here!

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Digital Transformation Comes Alive at Microsoft Ignite and Envision2019-06-04T20:23:45-07:00

Harness AI to Discover New Value in Third-Party Contracts

2019-06-04T20:33:21-07:00

June 3, 2018

Third-party contracts—contracts that are authored by a counterparty rather than in house—are an inevitable part of doing business: Even the largest enterprises will at times enter into contracts that were written outside their own legal department, and for some businesses, they represent a major part of all contracting. Necessary though ...
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AI Uncovers New Value In Third-Party Contracts

The new ICM DiscoverAI app exposes third-party contracts to reveal opportunities to explore and risks to mitigate. Download the datasheet to learn more!

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Harness AI to Discover New Value in Third-Party Contracts2019-06-04T20:33:21-07:00

With AI, Those Contracts in Your Closet Can Become Strategic Digital Assets

2019-06-04T20:33:31-07:00

May 29, 2018

Legacy contracts represent a major challenge for every enterprise. They are scattered everywhere–across geographies, across multiple repositories including shared folders and SharePoint, and in many different formats. They are hard (impossible sometimes) to search, and the risks and obligations are buried deep within dense clauses (till they awaken to bite!) ...
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Turn Contracts Into Strategic Digital Assets With AI

Icertis' new ICM DigitizeAI app can help businesses by bringing legacy contracts to life. Download our datasheet to learn more!

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With AI, Those Contracts in Your Closet Can Become Strategic Digital Assets2019-06-04T20:33:31-07:00

Icertis Brings Advanced Cognitive Search Capabilities to Contract Management

2019-06-04T20:33:49-07:00

May 21, 2018

At this year’s Build developer conference, Microsoft unveiled major enhancements to its Cognitive Services offerings on Azure, and introduced Cognitive Search, an AI-first approach to content understanding. Icertis, who has been working closely with Microsoft on the latest Azure technologies, was invited to demonstrate how developers can use the tools ...
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Icertis Uses Cognitive Search AI For Contract Management

Icertis is building the contract management platform of the world using AI to turn static contracts into strategic documents. Watch the full presentation below!

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Icertis Brings Advanced Cognitive Search Capabilities to Contract Management2019-06-04T20:33:49-07:00

AI Will Change the Way We Look at Contracts Forever

2019-06-04T20:34:51-07:00

May 1, 2018

For the first time in the history of commerce, contracts are being completely digitized. This development, combined with the rapid evolution of artificial intelligence (AI), has business leaders entirely rethinking the role contracts can play in their enterprise. Contracts touch every facet of a business, including sales, procurement, and human ...
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How Will AI Technologies Change How We Look At Contracts?

AI takes contracting capabilities to the next level when used in platforms like the cloud-based ICM. To learn more about Icertis' solutions, contact us today!

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AI Will Change the Way We Look at Contracts Forever2019-06-04T20:34:51-07:00

Gain Unprecedented Control of Supply Chains with Blockchain, AI and Enterprise Contract Management

2019-06-04T20:35:33-07:00

April 9, 2018

As global supply chains become more complex, ensuring that contractual commitments around sustainability and ethical practices are met at each stage of the supply chain has become extremely challenging. Along with this increased supply-chain complexity, the economic and reputational cost of a lapse in compliance is increasing as well. Companies ...
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Gain Unprecedented Control of Supply Chains with Blockchain, AI and Enterprise Contract Management

The Icertis Contract Management platform can help your team increase sales velocity through improved workflow visibility, CRM integration and other provisions.

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Gain Unprecedented Control of Supply Chains with Blockchain, AI and Enterprise Contract Management2019-06-04T20:35:33-07:00

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