Are Missed Contract Obligations Costing Your Company a Fortune?

2018-12-06T17:25:40+00:00

November 15, 2018

Ensuring contracts perform to their full potential requires all parties deliver on their promises. Yet identifying and extracting contract obligations at scale via manual contract management processes can be difficult if not impossible for large enterprises. The repercussions of poor obligation management are not abstract. A McKinsey & Company study ...
Read More

Without a system to properly extract and track contract obligations at scale, large organizations run the risk of damaged customer relationships and poor commercial performance due to missed commitments.

Read More ➜

Are Missed Contract Obligations Costing Your Company a Fortune?2018-12-06T17:25:40+00:00

One Overlooked Obligation Cost His Company Millions. And It Could Have Been Avoided.

2018-10-16T12:44:25+00:00

September 3, 2018

In my previous post, I related a story from a colleague who missed significant costs savings because of his inability to search his contracts, and how a central repository of digital contracts could have solved the problem. Today, I want to build on my last post and discuss how risks ...
Read More

One Overlooked Obligation Cost His Company Millions. And It Could Have Been Avoided.

Risks associated with contract obligations can be managed within a contract management platform to protect companies from financial and reputational damage.

Read More ➜

One Overlooked Obligation Cost His Company Millions. And It Could Have Been Avoided.2018-10-16T12:44:25+00:00

Reducing Supply Chain Risk with Better Contract Management

2018-11-06T07:18:03+00:00

July 15, 2018

Preventing reputational and brand damage caused by poor supplier practices should be first on the executive agenda, according to Pierre-Francois Thaler, co-founder and co-CEO of EcoVadis. “Our world is more connected and social than ever. Today’s environment puts a laser focus on not just your own actions, but on the ...
Read More

Reducing Supply Chain Risks with Better Contract Management

Enterprise contract management software provides supply chain visibility by tracking what a firm’s worldwide obligations, entitlements and business relationships truly are.

Read More ➜

Reducing Supply Chain Risk with Better Contract Management2018-11-06T07:18:03+00:00

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

2018-11-06T16:50:32+00:00

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 ...
Read More

Gain Unprecedented Control of Supply Chains with Blockchain, Contract Management Software

Icertis is working with customers on solutions that will allow them to use a consortium blockchain to create an immutable ledger of transactions.

Read More ➜

Gain Unprecedented Control of Supply Chains with Blockchain, AI and Enterprise Contract Management2018-11-06T16:50:32+00:00

2017 Was the Most Active Year Ever for FCPA Investigations

2018-05-08T14:49:49+00:00

March 7, 2018

In 2017, 45 new Foreign Corrupt Practices Act-related investigations were publicly disclosed, according to a tally just published by FCPA Blog, which monitors enforcement of the U.S. law. If that sounds like a lot, that’s because it is: The investigations made for the most active year for new FCPA-related investigations ...
Read More

2017 Was the Most Active Year Ever for FCPA Investigations

A busy year in Foreign Corrupt Practices Act investigations should have all global enterprises thinking about their contract fundamentals.

Read More ➜

2017 Was the Most Active Year Ever for FCPA Investigations2018-05-08T14:49:49+00:00

Are Your Contracts GDPR Compliant?

2018-03-23T15:49:28+00:00

February 15, 2018

Enforcement of the European Union’s sweeping privacy law, the General Data Protection Regulation (GDPR) begins May 25. Unfortunately, many companies remain unprepared. Gartner estimates that 50 percent of companies affected by GDPR will not be in full compliance with its requirements on the date of implementation. Organizations need to move quickly ...
Read More

Are Your Contracts GDPR Compliant? - Icertis Contract Management

Many businesses are not prepared for GDPR, the EU's sweeping data privacy law. Proper contract management can get organizations on the path to compliance.

Read More ➜

Are Your Contracts GDPR Compliant?2018-03-23T15:49:28+00:00

Why the Banking Industry Needs Enterprise Contract Management Software

2018-10-22T06:22:41+00:00

January 30, 2018

As anyone who has a banking app on their phone can tell you, the digital transformation is well under way in the financial industry. Breakthroughs in financial technology have made it possible for bank customers to deposit a check, apply for loans, and transfer funds with little more than a ...
Read More

Why the Banking Industry Needs Enterprise Contract Management Software

Banks that embrace the digital transformation can expect more customers accessing their products. But a poorly executed could leave banks either lagging behind competitors or, worse, in serious breach of government regulations and internal controls—exposing the institution to legal and financial risk.

Read More ➜

Why the Banking Industry Needs Enterprise Contract Management Software2018-10-22T06:22:41+00:00

Four Compliance Questions Every Bank Should Ask About Its Contracts

2018-10-22T07:21:30+00:00

December 5, 2017

The financial services industry today faces unprecedented regulatory scrutiny. With the heavy fines and bad PR that come with findings of non-compliance, following strict standards is not simply a goal for banks, but a core requirement. Contracts, which form the foundation of a bank’s relationship with customers, employees, and vendors, ...
Read More

Four Compliance Questions Every Bank Should Ask About Its Contracts

If banks aren't asking these compliance questions, they may be overlooking risks lurking in their contracts.

Read More ➜

Four Compliance Questions Every Bank Should Ask About Its Contracts2018-10-22T07:21:30+00:00

New Revenue Recognition Rules Are Turning Contracts into Critical Business Assets

2018-05-03T20:33:20+00:00

August 15, 2017

A recent survey from EY revealed that many companies are facing difficulties with their ASC 606/IFRS 15 compliance programs. According to the report, 71% of CFOs say their revenue recognition programs are not yet complete and 45% are having difficulties implementing or upgrading to a new system and may miss ...
Read More

Contract Management Software Critical for ASC 606/IFRS 15 Compliance

Effective contract management software critical for ASC 606/IFRS 15 compliance. New revenue recognition rules turn contracts into critical business assets.

Read More ➜

New Revenue Recognition Rules Are Turning Contracts into Critical Business Assets2018-05-03T20:33:20+00:00

Solving Back-to-Back Contracting and Agreement Relationship Challenges

2018-05-03T20:35:21+00:00

May 15, 2017

Today we announced that Wipro has chosen the Icertis Contract Management (ICM) platform to accelerate the contract creation process and better manage risk. A key reason they selected Icertis was our ability to streamline back-to-back contracting. Back-to-back contracting involves linking the terms and obligations in your customer contracts with the ...
Read More

Solving Back-to-Back Contracting Relationship Challenges | Icertis

Most companies don't have a system that manages both buy- and sell-side contracts. ICM helps protect the entire value chain.

Read More ➜

Solving Back-to-Back Contracting and Agreement Relationship Challenges2018-05-03T20:35:21+00:00

New FDIC report finds cybersecurity risks in bank contracts

2018-05-03T20:31:52+00:00

April 28, 2017

Contracts with tech service providers fail to adequately address hacking and system recovery risks. The FDIC's Office of Inspector General released a report earlier this year that found major gaps in how financial institutions (FI) are addressing business continuity issues, including cybersecurity, in their contracts with technology service providers (TSPs). ...
Read More

FDIC Report Finds Cybersecurity Risks in Bank Contracts

The FDIC released a report that found major gaps in how financial institutions are addressing business continuity issues in their contracts.

Read More ➜

New FDIC report finds cybersecurity risks in bank contracts2018-05-03T20:31:52+00:00

Supply Chain Risk Near All-Time High

2018-11-06T16:52:06+00:00

March 27, 2017

Is Your Contract Management System Helping You to Get Ready? According to the Chartered Institute of Procurement & Supply’s Risk Index, supply chain risk is near an all-time high. The index continued its worsening trend in Q4 according to the report’s analysts. Forces of deglobalisation are threatening supply chains in ...
Read More

Supply Chain Risk Near All-Time High

Forces of de-globalisation are threatening supply chains in advanced countries - Is Your Contract Management System Helping You to Get Ready?

Read More ➜

Supply Chain Risk Near All-Time High2018-11-06T16:52:06+00:00

New Revenue Recognition Rules – How ready are you?

2018-03-23T18:07:57+00:00

September 13, 2016

In May 2014, the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) released new guidelines for recognizing revenue in contracts with customers. It signifies the biggest accounting standard change in the last decade and will be effective for annual reporting periods beginning on or after December ...
Read More

New Revenue Recognition Rules - How ready are you?

New guidelines for recognizing revenue in contracts with customers. Icertis will help you learn about the affected businesses and 5 things you need to know and plan in order to invest in contract lifecycle management platform.

Read More ➜

New Revenue Recognition Rules – How ready are you?2018-03-23T18:07:57+00:00

ICM Toolkit

Everything you need for a thorough evaluation of a CLM Solution.

ACCESS RESOURCES

See Icertis in Action

Attend a demo to experience the full functionality of the ICM platform.

REGISTER NOW

Get Started

Talk to one of our contract management specialists.

Contact Us