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Bertelsmann Set to Transform Its Group IT Sourcing and IT Procurement Contracting with the Leading CLM Platform in the World

FRANKFURT, Germany, May 8, 2019Icertis, the leading provider of enterprise contract management in the cloud, today announced that Bertelsmann,the international media, education and services company, has selected the Icertis Contract Management (ICM) platform to be its contracting foundation, digitally transforming group IT sourcing and procurement across the organization.

The creative industry is facing new challenges from the growth of technology-based content distribution and creation platforms. To address this changing landscape, leading media companies are reimagining every business process, including contracting, to differentiate their offerings and delight their customers.

"As global media companies look to take advantage of new market opportunities, digitally transforming their commercial foundation is imperative," saidSamir Bodas, CEO and Co-founder of Icertis. "We are delighted to be working with Bertelsmann, an amazing, forward-thinking creative and entrepreneurial organization."

For more information about Icertis, visit www.icertis.com.

About Icertis

Icertis, the leading enterprise contract management platform in the cloud, solves the hardest contract management problems on the easiest to use platform. With Icertis, companies accelerate their business by increasing contract velocity, protect against risk by ensuring regulatory and policy compliance, and optimize their commercial relationships by maximizing revenue and reducing costs. The AI-infused Icertis Contract Management (ICM) platform is used by companies like 3M, Airbus, Cognizant, Daimler, Microsoft and Roche to manage 5.7 million contracts in 40+ languages across 90+ countries.

Icertis Media Contact:
Haley Flanagan
Corporate Communications Manager

+1 (425) 869-7649