ICM Business Applications
ICM Business Applications, built on the Icertis Contract Management (ICM) platform, help customers address specific business requirements and get even more out of their investment in the Icertis Contract Management platform.
ICM GDPR Compliance application
The ICM GDPR Compliance application helps you identify non-compliant contracts, create data protection addendums (DPAs) that ensure compliance for data processors, and tracks data processor obligations to ensure comprehensive GDPR compliance across the entire contract lifecycle. It also provides Data Protection Officers (DPOs) with a DPO Dashboard that monitors non-compliant contracts and data processors across geographies and contract types.
ICM Sourcing application
The ICM Sourcing app places contracts at the center of the sourcing process to ensure compliance, minimize risk, and create long term strategic agility. Get full visibility into supplier’s risk profile and ensure compliance throughout the procurement process. Leverage AI/ML based contract terms and clause recommendations to better negotiate RFx events and surface opportunities for savings. Perform side-by-side analysis of bids or proposals, and score them with both qualitative and quantitative criteria. Get a complete view of your relationship with suppliers including current and past contracts, historical performance and complete risk profile for a unified view for sourcing events.
ICM Clinical Trial Agreements and Budgeting application
The ICM Clinical Trial Agreements and Budgeting app allows pharmaceutical and life sciences customers to better manage the lifecycle of CTAs, CDAs and ICFs while tracking trial budgets. The app enables deeper collaboration with CROs and Service Providers through an online portal, allowing easy management of all outsourced activity. Budget-tracking capabilities help capture and track budgets on studies and research and integrate with financials and CTMS solutions to drive visibility.
ICM Channel Payments and Rebates application
Plug leakage, reduce overhead and enable faster cycle times with the ICM Channel Payments and Rebates app on the ICM platform. Enable proactive payment calculations based on contract terms and initiates review of payment requests before posting to financials. The app integrates with sales order and procurement systems and identifies and initiates rebates, incentives and related payment transactions by processing against contract terms.