Common challenges.
Today’s energy companies are globally dispersed and rely on a diverse array of vendors and distributors to compete in a highly regulated marketplace. At their core, these business relationships are governed by contracts.
Ultimately, we find that energy companies and utilities face a broad set of contract challenges that span infrastructure and sourcing, risk/obligation management and collaboration with multiple stakeholders. If left unaddressed, these challenges can put energy providers at a competitive disadvantage, expose companies to serious regulatory compliance risks and lead to dissatisfied customers.
The Icertis solution.
Icertis has implemented enterprise contract management solutions for some of the world’s largest energy companies, leveraging the Icertis Contract Intelligence (ICI) platform combined with our powerful suite of applications.
While the ICI solution is ultimately configured for each customer, our implementations for energy companies typically include:
Icertis’ energy and utility solutions offer unmatched benefits across the entire enterprise. We handle all contract types, have integration adapters for other enterprise systems, and can ensure that companies continue to maximize the value of their contracts long after each one is signed.
Featured applications and integrations.
With unmatched technology and category-defining innovation, Icertis’ applications, experiences and integrations push the boundaries of what’s possible with CLM.
ICI Sourcing Application
Place contracts at the center of the sourcing process to ensure compliance, minimize risk, and create long-term strategic agility.
ICI Collaboration Portal app
Enable faster contract turnaround time through seamless collaboration.
ICI Obligation Management App
Significantly reduce risks by improving visibility into, and compliance with, all obligations.
Whitepaper
Enterprise Contract Management for Energy and Utilities
With the Icertis Contract Intelligence (ICI) platform, leading energy companies and utilities are adopting enterprise contract management software to optimize business operations, streamline collaboration, and improve compliance.