Scalable Contract Management for Growing Businesses

Growth tech companies don’t have the complexity that large enterprise technology companies do. Yet, teams within hyper-growth tech organizations must balance optimizing business operations and calibrating risk-a tricky goal while performing at speed.

To achieve this balance, hyper-growth organizations must invest in digital transformation and a contract intelligence solution sized for their needs. These technologies decrease friction, drive faster cycle times, democratize information as the team grows, and use contract data to extract, analyze, and create impact.

A contract intelligence solution that grows with the company is the first and last system your organization will ever need by

  • making it easy to get it off the ground and adopted,
  • providing a user experience that is intuitive and easy to use,
  • serving stakeholders on the sell side which can be expanded to the buy side and beyond,
  • self-service contracting integration with critical business systems such as Salesforce and Dynamics, and
  • reporting and visibility down to the clause level.

HERE Technologies Drives Quick Time to Value With Icertis’ Powerful AI Capabilities

HERE Technologies wanted to get more value from its legacy contracts that were not stored or accessible through Icertis Contract Intelligence (ICI). The leading location technology company had 70,000 documents in non-digitized, unstructured forms, representing a huge wealth of data that could not be easily accessed and shared across the company to make better business decisions.

“ICI’s DiscoverAI app rapidly digitized and analyzed more than 70,000 legacy HERE and third-party contracts, allowing us to unlock critical contractual terms to improve our business.” Simon Anolick, Director Legal Counsel, HERE Technologies

Get Started with CLM 101

As growth tech organizations mature, a transition occurs in how contracts are employed. Once produced as inflexible business documentation, contracts become dynamic artifacts that continually evolve to reflect changing business relationships.

Source: A commissioned study conducted by Forrester Consulting on behalf of Icertis, June 2020.
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A Scalable CLM Solution Enables Your Contracting Process to Evolve

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As growth-focused tech organizations scale, teams must choose a contract intelligence solution that meets their needs today and in the future. Leaders from two high-growth companies discuss how they use CLM technology to support their company’s growth trajectory in this on-demand webinar.

Icertis Contract Intelligence (ICI) features a streamlined and intuitive user experience which makes it easy for growth tech companies to get started. Icertis also worked with system integrator (SI) partners to develop configuration and implementation packages that meet the needs of hyper-growth tech companies like yours.

The platform is scalable. This enables growth tech organizations to transform the contracting process with a crawl, walk, and run approach. It helps teams work faster, smarter, and more efficiently with the visibility and insight to better manage relationships, profitability, and risk.

WorldCC Benchmark Report Technology Insights

The 2021 Benchmark Report represents the most comprehensive survey of commercial and contracting professionals and their insights spanning the buy-side and sell-side across the technology and software industry.

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