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. Integrated directly in Microsoft Word, NegotiateAI applies AI-driven clause edits based on bespoke company playbooks – turning hours of manual review into minutes of guided, policy-compliant revisions.

Contract negotiations have traditionally been one of the most manual, time-consuming stages in the contract cycle. In fact, an Icertis study shows that 40 percent of C-suite leaders spend more than 21 days annually reading, reviewing, and approving contracts – time that could be substantially reduced with contract intelligence. Before contracts reach decision-makers, legal and procurement teams often dedicate days to navigating clause-by-clause through agreements, editing across documents, emails, and spreadsheets while struggling to enforce company playbooks at scale. This approach creates inconsistencies that slow signatures, increases risk exposure, and often leads to missed opportunities to improve financial outcomes.

Icertis solves these challenges by providing instant, playbook-aligned edits, automated clause analysis, and smart edit capabilities that accelerate execution on low-risk agreements ​while flagging potential liability in high-stakes deals​​. The result? With NegotiateAI, enterprises gain:

• Optimized value and cost savings. Faster negotiation cycles reduce time spent on manual review and clause-by-clause edits. This enables customer deals to close faster so revenue is recognized sooner. Surfacing key cost-related terms before signing on the dotted line – such as discounts, rebates, and payment terms – also drives optimal outcomes and prevents value leakage in agreements.
• Stronger compliance and risk control. Playbook-aligned edits ensure every draft adheres to approved language and internal standards, minimizing the risk of errors, deviations, or unfavorable terms – on both company and third-party paper.
• Accelerated productivity. Seamless workflow integration with Microsoft Word allows legal and procurement teams to edit, collaborate, and execute on low-risk agreements directly in a familiar environment – without the need to switch applications. This streamlines negotiations and eliminates inefficiencies in the review process.

“In a landscape shaped by economic uncertainty, geopolitical tension, and regulatory change, legal and procurement teams must rapidly review and negotiate large volumes of complex agreements with greater agility than ever before,” said Bernadette Bulacan, Chief Evangelist, Icertis. “GenAI-powered surgical redlining from Icertis turns contract negotiation from a bottleneck into a business accelerator by automating one of the most labor-intensive parts of contracting. NegotiateAI provides the speed, precision, and intelligence enterprises need to keep their business moving to a stage of delivery, performance and revenue recognition.”

Building on Icertis’ long-standing commitment to transform static contracts into strategic enterprise assets, NegotiateAI equips legal and procurement teams with the tools they need to move faster, reduce risk, and capture more value from every agreement – bringing the same diligence to all negotiations that apply to their most important deals.

Want to learn more about NegotiateAI? Watch our on-demand webinar here.