WEBINAR: Getting Ready for Next-Generation Contract Lifecycle Management

Icertis and SAP Reinforce Global Momentum with Latest Contract Intelligence Innovation for the Enterprise 

Icertis and SAP are partnering to deliver more automation and insights for SAP customers with the latest, most robust version of Icertis Contract Intelligence for SAP S/4HANA (Buy Side). This co-innovation comes on the heels of a landmark year for Icertis and SAP where the partners built new relationships and expanded footprints with nearly 40 joint customers globally in the U.S., Germany, Austria, India, Singapore, and more. 

Originally launched at SAP Sapphire 2023, the integration between SAP S/4HANA and the AI-driven Icertis Contract Intelligence platform empowers procurement teams to realize more profitable and compliant sourcing processes by optimizing supplier relationships and accelerating source-to-pay cycle times. The latest iteration takes the integration one step further to deepen the solutions’ connection and enable even greater efficiency with the ability to create a legal transaction in SAP S/4HANA that automatically initiates a contract in Icertis. Through richer contract data pools and seamless connectivity across the agreement lifecycle, procurement decision-makers can better track obligations post-signature, discover clauses, and negotiate more beneficial commercial terms to mitigate revenue leakage and ultimately create cost savings for their enterprises.  

“Collaboration between Icertis and SAP is a critical part of our long-term vision as we transform the way the world’s largest enterprises leverage AI and contracts to create measurable value,” said Sahil Shah, Vice President, SAP Partnership, Icertis. “Together, we are continuing to expand our AI capabilities to address the needs of today’s business leaders by automating core operations and enabling more strategic decision-making with contract data – all within SAP’s most powerful solutions.” 

Icertis and SAP offer a full suite of integrations designed to help SAP customers turn contracts into strategic advantage, including Icertis for SAP Ariba, SAP Fieldglass, and SAP CPQ. With a joint product roadmap built to deliver enterprise-wide value, the partners support customers like Jungheinrich, Vaillant Group, Johnson & Johnson, Harley-Davidson, and more as they incorporate insights from both buy-side and sell-side agreements directly into core business processes.  

SAP was recently named Icertis Ecosystem Partner of the Year, following recognition of Icertis as a 2023 SAP Pinnacle Award finalist and 2024 SAP Regional Partner Awards honoree for excellence in Europe and Asia Pacific. Icertis and SAP originally expanded their partnership in 2022 and have continued to provide automation and analytics at scale by connecting AI and data that represents every business transaction with SAP ERP, finance, procurement, sales, and HR solutions.