Mindtree had a large number of customer contracts, created by business units around the globe. The entire contract lifecycle process was manual, which meant that meeting contractual obligations was people dependent.

Mindtree selected Icertis the Contract Management solution based on its end-to-end functionality, ease of use, and quick time to deployment. The solution was specifically designed to meet Mindtree’s unique contract management challenges.

The Icertis Contract Intelligence system improved contract turnaround times by 40%, resulting in substantial productivity improvements and most importantly, shorter order-to-cash cycles. Different functional areas found it easier to work together. Timely contract renewals had a positive impact on revenue recognition. Mindtree gained tremendous value through cost reductions, and achieved 100% compliance.