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Icertis Launches Vera to Power Contract Intelligence with Smarter AI

The Icertis Newsroom

Welcome to the Icertis Newsroom—your source for the latest insights on how Icertis transforms contracts with AI and agentic automation. From innovation updates to our thoughts on today's headlines, read more about how we're revolutionizing business relationships to drive global commerce.

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The Silent Revenue Siphon: Businesses are Forfeiting More than 5% of Contract Value says World Commerce & Contracting Study

Contract mismanagement is silently siphoning billions from the bottom line, and most leaders don’t even see it happening. A new global study from World Commerce & Contracting (WorldCC) and Icertis shows the problem is only getting worse, as organizations struggle to bridge the gap between legal protections and financial performance.

Icertis Accelerates Contract Negotiations for Legal and Procurement Teams with NegotiateAI

Icertis has delivered significant enhancements to its NegotiateAI application following the launch of Icertis Vera – a smarter AI for contracts. New features are designed to enable faster, more consistent contract negotiations via GenAI-powered surgical redlining.

Icertis Maintains Top Position as Market-Leading Contract Lifecycle Management Vendor according to MGI Research

Icertis has secured the highest rating among contract lifecycle management providers from MGI Research, earning the top overall score in the 2025 CLM Top 35 Buyer’s Guide for the second consecutive year.

Icertis Wins 2025 Artificial Intelligence Excellence Awards

Icertis has been named a winner in the 2025 Artificial Intelligence Excellence Awards, presented by the Business Intelligence Group. This marks the company’s third consecutive year as a winner in the Generative AI category, demonstrating its commitment to shaping the future of agentic contracting while delivering measurable ROI with AI.

2025 State of Contracting Report Spotlights Contract Performance

Commerce relies on a network of suppliers, customers, and partners. As business rules, profit opportunities, and technologies change, these relationships must evolve too.

Annual Survey Champions Legal Operations as Value Driver for the Enterprise

Based on insights from more than 80 companies on the current and future state of legal, the report conveys a fundamental evolution from LDO’s business origins and positions operations teams as forward-thinkers that are ushering in change.

Value Realization Cited as No. 1 Goal for AI-Powered Contracting in Icertis and World Commerce & Contracting Study

Businesses Highlight Cost Savings and Revenue Generation as Key Benefits Following AI Adoption
September 25, 2024

Icertis Named a Leader in IDC MarketScape for Contract Lifecycle Management Software for Corporate Legal

Icertis has been named a Leader in the IDC MarketScape: Worldwide Contract Life-Cycle Management Software for Corporate Legal 2024 Vendor Assessment. According to the report, “Icertis’ Contract Intelligence platform goes beyond CLM to leverage contract data to impact core business outcomes, including revenue, savings, risk and compliance. Icertis has a deep relationship with SAP and can service customers that have deep SAP relationships on a different level.”  

Icertis Named Fastest Growing Company of the Year by International Business Awards® Program

Icertis has been named the winner of the Gold Stevie® Award for the Fastest Growing Company of the Year in the United States and Canada and the Silver Stevie® Award for Achievement in Technology Innovation.