Navigate Complex Commercial Models
and Shifting Regulations with Ease

The Medical Devices and Technology (MedTech) industry is grappling with rapidly changing commercial models, supply chain uncertainty, and ongoing regulatory changes. To compete successfully in a dynamic and highly regulated market, you need industry-specific contract intelligence to quickly and seamlessly manage and update complex agreements and ensure adherence to regulatory and contractual compliance.

Explore why contract intelligence is critical to navigating the dynamic Medical Technology commercial landscape.

Contract Management for Medical Technology Industry Resource
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Contract Intelligence Tailored to the
Medical Devices and Technology Industry

Contract intelligence enables you to unlock the data and information in all your contracts to make better-informed decisions, build stronger business relationships, and adapt quickly to fluctuating market conditions.

Icertis Contract Intelligence Tailored to Medical Technology

Icertis Contract Intelligence for Medical Technology is the only solution built specifically for this industry, making it easy to aggregate and analyze information in contracts across your organization to increase business agility, visibility, and velocity. The Icertis platform addresses key challenges across the contract lifecycle by managing payment models, multiparty agreements, and regulatory changes effectively in an evolving market. From aligning and managing agreements across GPOs, IDNs, PBMs, and HCPs to automating rebates, pricing, payment terms, and fee calculations, Icertis helps you move more quickly to optimize revenue while providing guardrails to protect business margins.

ICI for Medical Technology delivers material value in compressed timing with out-of-the-box:

  • Contract Types
  • Rules
  • Associations
  • Workflows
  • Reports & Dashboards
  • AI models
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A Solution Built Specifically
for Medical Technology

Icertis Contract Intelligence for Medical Technology is the only contract lifecycle management solution tailored to companies across the industry:

  • Medical Manufacturers
  • Medical Software Developers
  • Health Informatics
  • Medical Robotics
  • Biomedical Engineering
  • Surgical Instruments
  • Prosthetic Manufacturers
  • X-Ray & Imaging Solutions

Icertis has applied its deep experience with customers across the medical technology industry to develop a solution that speeds the benefits of contract lifecycle management while leveraging best practices and industry intelligence.

Learn more about contract digitization and contract lifecycle management for the Medical Devices and Technology industry.

Introducing Icertis Contract Intelligence for
Healthcare

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Gartner Names Icertis a
CLM Leader Once Again

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The Icertis Advantage

Close Deals Faster

Empower your sales team to onboard new partners and customers in days, not weeks, with self-service agreements and automated workflows that streamline the contracting process and accelerate approvals.

  • Pre-built templates and configurable workflows
  • Domain-trained AI for contract intelligence
  • Robust API integration with third party systems
Close Deals Faster with Icertis Contract Intelligence for Medical Devices and Technology
Administer Pricing and Rebate Terms Efficiently with Icertis Contract Intelligence for Medical Devices and Technology

Administer Pricing and Rebate Terms Efficiently

Manage pricing and rebate terms effectively by tracking contract value utilization, managing complex rebate structure, and negotiating smartly across complicated multi-party agreements.

  • Configuration for complex rebate models
  • Auto reconciliation and rebate calculation
  • Mass amendments for product pricing

Stay Compliant Amidst Regulatory Changes 

Ensure your team adheres to compliance with quick responses to regulatory and market changes.

  • Bulk amendments of agreements for regulatory changes with a single-click
  • Management of complex product lists and their associations on the fly
  • Configurations for specific workflows and associations to meet geography-specific compliance requirements
Stay Compliant Amidst Regulatory Changes with Icertis Contract Intelligence for Medical Devices and Technology
Monitor 360 Degree Performance Administer Payment Terms Efficiently Close Deals Faster with Pre-Contract Optimization with Contract Management for Medical Technology

Monitor 360° Performance

Ensure your team stays on track and meet the terms of agreements with robust dashboards that give you real-time visibility into key aspects of performance.

  • Configuration for proactive alerts for contractual commitments
  • Insights for strategic account management
  • Visibility into amendments and latest pricing terms

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Improve your business in ways you never imagined.

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Integrate Seamlessly with Enterprise Technology

Icertis Contract Intelligence for Medical Technology integrates seamlessly with business, sales, marketing and transactional software from the world’s leading vendors, giving you better visibility into—and control of—contract data and information, wherever it resides. 

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Companies Trust Icertis for Contract Intelligence Solutions

Companies are rethinking how they leverage the contracts that define their relationships with suppliers and customers. These companies structure, connect, and capitalize on critical contract information to accelerate commercial negotiations, increase compliance, and reduce stakeholder risk with Icertis Contract Intelligence.

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